Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
Rivian produced 13,157 vehicles at its manufacturing facility in Normal, Illinois, and delivered 10,018 vehicles during the same period.
Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
Fifteen miles off Iran’s northwestern coast, the Kharg Island terminal handles more than 90% of the country’s crude exports.
European Union votes to impose tariffs on Chinese electric vehicles
European Union member states on Friday voted in favor of the European Commission’s proposal to impose definitive tariffs on battery electric vehicles from China.
Britain’s defense sector vies for stretched government funding on path to 2.5%
British defense officials are vying to secure more funding as Finance Minister Rachel Reeves’ upcoming Autumn budget.
Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% Friday as European shipping companies fell on the conclusion of a U.S. port strike.
Singapore court charges property billionaire Ong Beng Seng over scandal involving former minister
A court filing said he was due to face two counts, related to the obstruction of justice and abetment.
CNBC Daily Open: October’s gravity bringing stocks down
After September’s stellar showing, all major indexes are poised for a losing week in the first week of October.
Japan PM Shigeru Ishiba asks ministers to craft economic relief package to cushion inflation impact
During his campaign, Ishiba vowed to reduce the burden on households suffering from rising living costs and showed intentions to boost rural revitalization.
Starlink to end the days of spotty Wi-Fi on planes, says Air New Zealand CEO
Reliable and fast Wi-Fi will become “ubiquitous” on full-service carriers, Greg Foran told CNBC’s “Squawk Box Asia” Friday.
Goldman Sachs says crude could spike by $20 on Iran oil shock
Oil prices could shoot up $20 per barrel if Iranian production sees a hit, said Goldman Sachs.
