Brewer Heineken tempers profit hopes as Americas slip
Heineken , the world’s second-largest brewer, forecast profit this year would be at the bottom end of its previous guidance after an unexpected dip in third-quarter sales in the Americas partly offset strong growth in Asia.
China factory production key as Tesla reports third-quarter results
Tesla Inc is conducting trial production runs at its new $2 billion China factory for the past several weeks and will sell some of the first cars from the plant to its employees, sources told Reuters.
China’s premier says cooperation with the U.S. can create mutual benefit
China’s premier Li Keqiang says cooperation between China and the United States can create mutual benefit, as negotiations between the world’s two largest economies over a trade war continue to drag on.
Global shares hit by tech problems and Brexit snags
World stock markets fell on Wednesday, as hopes faded that a Brexit deal would be wrapped by next week and a profit warning from Texas Instruments pulled down tech shares.
Huawei launches foldable phone in China at prices starting from $2,400
Huawei Technologies Co Ltd started taking orders on Wednesday in China for its eagerly awaited foldable smartphone, as it ramps up marketing at home to make up for weak overseas sales amid U.S. trade sanctions.
Oil dips as U.S. stocks rise; prospect of OPEC action supports
Oil prices declined on Wednesday, holding below $60 a barrel on data showing a bigger-than-expected rise in U.S. crude stocks, but the prospect of deeper output cuts by OPEC and its allies offered support.
Huawei launches foldable phone in China
Huawei Technologies Co Ltd launched its foldable 5G Mate X smartphone on Wednesday, starting pre-sales for the device in China on the same day.
Exclusive: Datsun brand set to go as Nissan rolls back Ghosn’s expansionist strategy – sources
Nissan Motor Co Ltd is likely to axe its Datsun brand, drop some unprofitable products and close a number of assembly lines worldwide as it seeks to boost profits by getting smaller, two company sources with direct knowledge of the matter said.
Oil dips as U.S. stocks build; output cut prospects give support
Oil fell on Wednesday after climbing over 1% in the previous session as U.S. industry data showed a bigger-than-expected build in crude stocks, but the possibility of deeper output cuts from OPEC and its allies prevented a further decline.
Toyota’s luxury Lexus brand plans battery EV launch in 2020
Toyota Motor’s Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop zero-emissions vehicles, the head of the brand said on Wednesday.
