S&P hits four-month high on oil, Pepsi boost
U.S. stocks rose on Tuesday, with the S&P 500 hitting a four-month high, boosted by higher oil prices and strong results from PepsiCo.
Tesla to open plant in Shanghai with annual capacity of 500,000 cars: local media
Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported.
Airbus renames Canadian jet as A220, seen near U.S. deal
Airbus gave its newly acquired Canadian CSeries jet a new name and looked close to winning an inaugural order on Tuesday as it prepares to broaden its battle with Boeing for jet sales.
Success with Snap helps venture firm Lightspeed raise $1.8 billion for new funds
Venture capital firm Lightspeed Venture Partners has raised $1.8 billion to invest in startups from cryptocurrency to beauty supplies, hoping to build on its streak of lucrative bets in companies such as Snap Inc , the firm’s partners told Reuters.
Pepsi, oil stocks lift Wall Street at open
Wall Street opened higher on Tuesday, boosted by PepsiCo’s strong quarterly results and gains in energy shares.
Oil rises to $79 a barrel on Norway strike, Libyan disruption
Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months.
VW agrees Chinese cooperation on e-mobility, autonomous driving
Volkswagen said it has agreed to cooperate with China’s FAW Group and the China Intelligent and Connected Vehicles Research Institute (ICV) on technologies including e-mobility, connectivity and autonomous driving.
Stock futures higher as focus shifts to earnings
U.S. stock index futures rose on Tuesday, as focus turned to the U.S. corporate earnings season that kicks off this week, while worries of a trade dispute took a back seat in the wake of encouraging economic data.
Oil rises above $79 a barrel on Norway strike, Libyan disruption
Oil prices rose more than $1 per barrel on Tuesday due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months.
Airbus renames Canadian jet as the A220, sees strong demand
Airbus unveiled a new identity for the 110-130-seat CSeries passenger plane on Tuesday as it prepares to broaden its battle with Boeing to small passenger jets.
