China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.
Schlagwort-Archiv: Markets
Buy now, pay later firm Klarna cuts losses in first half but fails to post profit
Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.
Polestar second-quarter loss widens as it ramps up EV deliveries
Polestar is still on track to build 60,000 to 70,000 EVs in 2023, with two new models coming in the next several months.
UBS shares jump to 2008 highs after profit beat, job cuts announcement
UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse.
Buy now, pay later firm Klarna cuts losses in first half but fails to post profit
Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.
Salesforce shares pop on earnings beat and optimistic forecast
Salesforce saw gains in all five product categories, and CEO Marc Benioff sees more growth from artificial intelligence capabilities
Jack Daniel’s maker Brown-Forman reports lagging whiskey sales, narrower profit
The company saw some growth across its ready-to-drink and tequila categories, but whiskey sales lagged.
Stocks making the biggest moves premarket: Box, Insulet, HP and more
These are the stocks posting the largest moves in premarket trading Wednesday.
8 easy — and cheap — ways to cut your carbon emissions
Here are some simple ways for Americans of all income groups to reduce their greenhouse gas emissions.
U.S. Commerce Secretary Raimondo calls on China to provide more predictability for business
U.S. Commerce Secretary Gina Raimondo spoke with CNBC’s Eunice Yoon in an exclusive interview Wednesday.