Li Auto Squeezed by Price War as Profit Drops Despite Record Revenue
Chinese plug-in hybrid specialist Li Auto reported lower net profit for the fourth quarter despite record revenue as a brutal ...
This could be the start of a $1 trillion shift away from U.S. stocks, regardless of what Americans do
Foreign investors reallocating money away from the U.S. could fuel a $1 trillion sell order on U.S. equities, a UBS ...
Aptiv and Dana stand out as potential gainers in the tariff-ravaged auto sector
Deutsche Bank highlighted a couple of auto suppliers stocks that stand out, despite the macroeconomic instability and volatility around the tariff in the current environment. Analysts Edison Yu and ...
News Highlights: Top Financial Services News of the Day - Friday at 7 AM ET
CIBC's Dodig will remain on the board as a special adviser to incoming CEO Harry Culham and the board until April 30, 2026. Culiham is to take the CEO position on Nov. 1. The lender reaffirmed its ...
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Today’s need-to-know stories
The European Central Bank has granted UniCredit approval to acquire up to 29.9 per cent of Commerzbank, representing a significant regulatory step towards a potential cross-border banking deal. The ...