Brazil telecom carrier Oi may consider selling mobile operation: executive
Brazilian telecom carrier Oi SA may consider selling its mobile operation if it gets attractive offers, Chief Operating Officer Rodrigo Abreu told Reuters on Wednesday, following reports of interest from its largest rivals.
Kroger to layoff several store employees
Kroger Co is looking to lay off several store employees holding middle management roles, amidst the supermarket chain’s push to improve delivery and in-store technology to attract shoppers.
Tesla deliveries miss Wall Street estimates; shares fall 6%
Electric car company Tesla Inc said on Wednesday its deliveries rose less than 2% in the third quarter, missing Wall Street estimates and sending its shares down nearly 6% in trading after the bell.
Any errors in arrest of Huawei CFO were technical, Canadian government tells court
Any errors in the arrest of Huawei Technologies Co Ltd’s Chief Financial Officer Meng Wanzhou in Canada last December were technical in nature and do not meet the requirements to suspend her extradition proceedings to the United States, government lawy…
U.S. set to widen trade war with new tariffs on EU aircraft, other goods
The United States won approval on Wednesday to impose import tariffs on $7.5 billion worth of European goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters.
U.S. hits Scotch whisky, Italian cheese, French wine with 25% tariffs
The Trump administration slapped 25% tariffs on French wine, Italian cheese and single-malt Scotch whisky — but spared Italian wine, pasta and olive oil — in retaliation for European Union subsidies on large aircraft.
U.S. to hit EU with tariffs of 10% on aircraft, 25% on other goods: official
The United States will impose 10% tariffs on aircraft and 25% on other industrial and agricultural products from the European Union as part of a World Trade Organization penalty award in a long-running aircraft subsidy case, an official with the U.S. T…
Troubles with Tesla’s automated parking summon safety regulators
U.S. regulators are looking into parking lot crashes involving Tesla Inc cars driving themselves to their owners using the company’s Smart Summon feature, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday.
Tesla deliveries miss Wall Street target; shares fall 6%
Tesla Inc delivered fewer-than-expected vehicles in its third quarter, fueling doubts about the company’s ability to turn a profit and sending its shares down nearly 6% in trading after the bell.
Short sellers circle cannabis stocks as profits dwindle
Wall Street’s love of cannabis appears to be going up in smoke as vaping-related ailments and missed revenue projections are prompting short sellers to raise their bets against the industry, fund managers and analysts said on Wednesday.
