Tesla shares dive 7 percent; still above analysts’ target price
NEW YORK (Reuters) – Tesla Inc shares slid more than 7 percent on Wednesday, their biggest percentage decline in more than a year, on poorer-than-expected delivery numbers, yet the luxury electric carmaker’s stock price remained above analysts’ median …
Airbus pushes for stake in U.S.-led German helicopter project
BUECKEBURG, Germany (Reuters) – Airbus urged the German government on Wednesday to ensure domestic firms get a big share of a near 4-billion-euro contract earmarked for the country’s next generation of heavy-lift military helicopters.
Fed minutes suggest increasing tensions on inflation shortfall
WASHINGTON (Reuters) – Federal Reserve policymakers were increasingly split on the outlook for inflation and how it might affect the future pace of interest rate rises, according to the minutes of the Fed’s last policy meeting on June 13-14 released on…
Exclusive: Energy giants court Qatar for gas expansion role despite crisis
LONDON (Reuters) – The West’s three biggest energy corporations are lobbying Qatar to take part in a huge expansion of its gas production, handing Doha an unintended but timely boost in its bitter dispute with Gulf Arab neighbors.
Mexico says Trump-Pena Nieto meet unlikely to lead to big deals
MEXICO CITY (Reuters) – A meeting between Mexican President Enrique Pena Nieto and U.S. President Donald Trump on Friday at the G20 summit in Germany will last about 30 minutes and probably not lead to any major agreements, Mexico’s foreign minister sa…
Investor in Martin Shkreli’s fund says he made millions
(Reuters) – One of the investors former drug company executive Martin Shkreli is accused of defrauding testified on Wednesday that Shkreli lied to him repeatedly, although he eventually made millions of dollars from the investment.
Jana says EQT can save $4.5 billion by scrapping Rice Energy deal
(Reuters) – Jana Partners LLC stepped up its criticism on Wednesday of U.S. natural gas producer EQT Corp’s deal to buy Rice Energy Inc , arguing that EQT could save as much as $4.5 billion if it separated its pipeline assets instead.
Exclusive: Siemens turbines delivered to Crimea despite sanctions – sources
SEVASTOPOL, Crimea/MOSCOW (Reuters) – Russia has delivered electricity turbines made by Germany’s Siemens to Crimea, a region subject to European Union sanctions barring EU firms from supplying it with energy technology, three sources with knowledge of…
PSA wins EU approval to buy GM’s German unit Opel
BRUSSELS (Reuters) – French carmaker PSA Group secured unconditional EU antitrust approval on Wednesday to acquire General Motors’ German unit Opel, a move which will help it better compete with market leader Volkswagen .
Exclusive: EU considers record fine as panel checks Google Android case – sources
BRUSSELS (Reuters) – EU antitrust regulators are weighing another record fine against Google over its Android mobile operating system and have set up a panel of experts to give a second opinion on the case, two people familiar with the matter said.
