Tesla hikes prices in U.S., China and other markets after multiple cuts
Tesla increased the price of vehicles including its Model 3 and Model Y in the U.S., China, Canada, and Japan.
‘We love competition’: Qatar Airways CEO welcomes new Saudi carrier
“We will compete like we have been competing all these years,” Qatar’s CEO Akbar Al Baker said at the Arabian Travel Market conference in Dubai.
Euro zone core inflation slows unexpectedly in April, blurring the picture for rate hikes
Inflation in the euro zone rose in April, according to preliminary data released Tuesday, remaining significantly above levels targeted by the European Central Bank.
Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers
With limited upside from these levels, CEO Piyush Gupta said he expects the pace of decline will be very gradual and not “falling off a cliff.”
BP beats first-quarter profit expectations but shares slide 6% on slowing buyback program
The first-quarter results come after a year of whopping profits for Big Oil.
Vice Media reportedly preparing to file for bankruptcy
Its potential bankruptcy comes as several other media firms have had to downsize in recent months due to a challenging economy and a weak advertising market.
In race for efficient EVs, Mercedes taps F1 team to keep up with Tesla
“Nobody feels the pressure more than Mercedes to be innovation leaders here,” Merkt said. “They’ve got to push it out or they’re no longer Mercedes.”
CNBC Daily Open: JPMorgan takes over First Republic
Markets were remarkably quiet following the second-biggest bank failure in U.S. history. Investors are waiting for the Fed meeting and Apple’s earnings.
Australia to ban recreational vaping in e-cigarette crackdown
Under the new rules, vapes will be sold only in pharmacies and require “pharmaceutical-type” packaging.
Japan, South Korea hold first finance leaders’ meeting in seven years
The resumption of bilateral financial discussions precedes Japanese PM Fumio Kishida’s visit to South Korea next week for talks with President Yoon Suk Yeol.
