Tesla may not need to raise capital soon: analysts
Tesla Inc’s blockbuster quarterly results and ability to generate free cash-flow wowed Wall Street on Thursday, with several analysts saying the electric carmaker may not need to raise capital soon to boost Model 3 production.
Ford recalls nearly 1.5 million vehicles for engine stall issue
Ford Motor Co said Thursday it will recall nearly 1.5 million cars in North America to address a faulty part that could lead to engine stalls.
High-speed data boom drives Comcast profit beat
Comcast Corp’s quarterly profit and revenue topped Wall Street estimates on Thursday as strength in its high-speed internet business offset a less severe drop in cable TV subscribers.
Exclusive: Toshiba considers liquidating UK nuke unit NuGen as sale talks drag
Toshiba Corp is considering liquidating its British nuclear unit NuGen, two people with direct knowledge of the matter said on Thursday, leaving Britain to seek alternatives for a project that was meant to provide 7 percent of the country’s electricit…
Belgium picks Lockheed’s F-35 over Eurofighter on price
Belgium said on Thursday it had chosen Lockheed Martin’s F-35 stealth jets over the Eurofighter Typhoon to replace its aging F-16s in a 4 billion euro ($4.55 billion) deal, saying the decision came down to price.
Factbox: European fighter jet competitions and recent contract wins
Following is a list of European fighter jet competitions and which companies are bidding for the work or have won contracts in recent weeks:
BlackRock-owned Mexican prison opens in Coahuila
A federal prison in northern Mexico owned by BlackRock Inc has gone into operation, the government said, as the world’s largest asset manager expands further into infrastructure investment around the world.
Exclusive: Continental AG sees third-quarter adjusted operating profit at around 770 million euros
Continental AG expects to report a decline in third-quarter adjusted operating profit to around 770 million euros ($878 million) from 1.09 billion euros, according to the auto supplier’s finance chief Wolfgang Schaefer.
Belgium confirms choice of Lockheed’s F-35 over Eurofighter
The Belgian government confirmed on Thursday it has chosen Lockheed Martin’s F-35 stealth jets over the Eurofighter Typhoon to replace its aging F-16s, saying the decision came down to price.
American Airlines profit halves on higher fuel costs
American Airlines quarterly profit nearly halved on Thursday, hurt by higher fuel costs and the impact of Hurricane Florence that forced it to cancel about 2,100 flights in September.
