Business - Page 139

Tesla is gearing up for the production of its next-generation electric vehicle, with plans to commence manufacturing at its Texas factory in the latter half of 2025, as announced by CEO Elon

Wizz Air (WIZZ.L) reported a larger-than-expected operating loss in the third quarter, primarily attributed to engine inspections grounding parts of its fleet and flight suspensions due to Middle East conflicts. Despite these

SAP SE (SAPG.DE) shares surged by 7% to reach an all-time high following the German software firm’s announcement of its growth forecast in cloud revenue and plans to restructure 8,000 jobs to

Gold saw modest gains on Wednesday, driven by a weakening dollar, as investors eagerly anticipated a barrage of economic data releases in the United States. These data releases are expected to provide

Lockheed Martin (LMT.N) announced its 2024 profit forecast, which fell below Wall Street’s expectations, as the company’s largest aeronautics division, responsible for producing the F-35 jets, grapples with supply chain disruptions. Despite

RTX (RTX.N) announced impressive fourth-quarter earnings driven by a resurgence in commercial air traffic and heightened global defense spending. The company’s aftermarket service and defense business segments experienced significant margin growth, surpassing

Netflix made a significant foray into live events on Tuesday, announcing a groundbreaking $5 billion rights deal to become the exclusive home of World Wrestling Entertainment’s (WWE) Raw starting from January 2025.

Boeing CEO Dave Calhoun is set to meet with U.S. senators this week to address concerns regarding the grounding of the 737 MAX 9 aircraft. This meeting comes as United Airlines, a

Australia’s Lynas Rare Earths (LYC.AX) reported a significant drop in revenue for the second quarter, failing to meet analysts’ expectations. This decline was primarily attributed to a sharp fall in rare earth