Vietnamese EV maker VinFast (VFS) released its Q2 earnings Thursday, its first report since going public, showing 303% revenue growth from the first quarter. VinFast revenue rises in Q2 on higher deliveries The growth comes amid VinFast’s EV deliveries rising over 400% in Q2. VinFast delivered 9,535 electric vehicles between April and June, bringing its
This week, Rishi Sunak made a surprise speech announcing delays to a number of key Conservative pledges aimed at cutting greenhouse gas emissions. But alongside a five-year delay to the ban on selling new petrol and diesel cars, and various changes to promises on oil and gas boilers, the prime minister also claimed he was
In this article CSCO SPLK Follow your favorite stocksCREATE FREE ACCOUNT Splunk logo displayed on a phone screen and a laptop keyboard are seen in this illustration photo taken in Krakow, Poland on October 30, 2021. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki | Nurphoto | Getty Images Cisco is acquiring cybersecurity software
Rupert Murdoch is stepping down as chair of Fox and News Corp. His son Lachlan will become the sole chair of News Corp – and continue as executive chair and CEO of Fox Corporation. In an announcement, Lachlan congratulated his father on a “remarkable 70-year career” – and said the 92-year-old will continue to provide
The Bank of England has warned against complacency after its interest rate was frozen at 5.25%. Governor Andrew Bailey said he is determined to bring inflation back down to the target level of 2% – but with current rates at 6.7%, he added that “the job isn’t done yet”. And amid speculation that the Bank’s
In this article TSLA QQQ SPY Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes executives and guests of Ormat Technologies, Inc. (NYSE: ORA), on Sept. 6, 2023, to celebrate entering its 20th year of trading on the NYSE. This report is from today’s CNBC Daily Open, our new, international markets newsletter.
Sir Keir Starmer has declared “we don’t want to diverge” from EU rules in footage of a conference of centre-left leaders in Canada seen by Sky News. The Labour leader went beyond his usual cautious formulations on Britain’s relationship with the EU at an event on Saturday alongside the Norwegian prime minister, Jonas Gahr Store.
Canada is “adjusting” its diplomatic staff presence in India as the South Asian nation suspended visas for Canadian citizens, widening a rift between the two countries. Justin Trudeau, Canada’s prime minister, told parliament on Monday there are “credible allegations” India was involved in the killing of Sikh independence activist Hardeep Singh Nijjar in June. India’s
It is arguably the most exciting non-event in recent economic history. For 14 successive monetary policy meetings, the Bank of England raised its official interest rate – all the way from 0.1% up to 5.25%. Today, for the first time since late 2021, it voted to leave borrowing costs unchanged. Reaction to BoE’s decision –
ITV’s chief executive has said there is “no question” that more allegations will be made about inappropriate behaviour towards women and abuse of power, in the entertainment industry and beyond. Dame Carolyn McCall addressed the issue at the Royal Television Society’s Cambridge Convention, after bosses for Channel 4 and the BBC were questioned about the
The Crown Prince of Saudi Arabia, Mohammed Bin Salman, has denied reports that negotiations with Israel over a possible normalisation deal have been suspended and insisted that “every day we get closer”. Speaking in an interview on the US Fox News network, Prince Mohammed, known colloquially as MBS, was asked what a deal might mean
Sep 19, 2023, 12:47 AM Two weeks down, five more to go! Halfway through the pool stage and there’s still plenty that could happen to determine who reaches the quarterfinal stage, with the Wallabies fighting for a chance to exit the pool with their massive clash against Wales, while Ireland and South Africa play off
Energy storage systems provider BLUETTI continues to showcase why it is one of the best in the business, unveiling yet another innovative product that puts power management into the hands of the consumer. The company’s new EP800 energy storage system is modular to the point of offering nearly 20,000 watt-hours of backup power. Combined with
Google is being sued by the family of a man who drove off a collapsed bridge while following Google Maps. The family of Philip Paxson are accusing the tech giant of negligence, claiming they had been informed the bridge had been collapsed for five years but failed to update their navigation system. The medical device
Aerial view of the China Petroleum & Chemical Corp. (Sinopec) Jiujiang oil refinery. Vcg | Visual China Group | Getty Images China’s demand for oil could peak by the end of the decade — and with its economic recovery still in limbo, can global oil markets continue to rely on China? “For 20 years, the
The Ukrainian president arrives in Washington DC today, the 548th day of the war, with a plea – “do not abandon us now”. It is a sign of the times, if not a reflection of a shifting world order, that the weakest link in the Western alliance against Russian aggression right now seems to be
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dave Limp, senior vice president of devices and services at Amazon.com Inc., speaks during the Amazon Devices and Services event at the HQ2 campus in Arlington, Virginia, on Sept. 20, 2023. Al Drago | Bloomberg | Getty Images Amazon introduced a “smarter and more conversational”
Iran has passed a law to impose more severe punishments on women who refuse to wear the mandatory Islamic headscarf in public. The new legislation comes just days after the anniversary of the death of Mahsa Amini, a 22-year-old woman who had been detained by the morality police for violating the country’s dress code. Her
Rishi Sunak has come under fire from environmentalists, business leaders, international allies and his own MPs after watering down several key climate pledges. Former US vice president Al Gore and the car giant Ford were among the biggest critics of the prime minister’s new “pragmatic” approach to cutting emissions in a day of high political
Dave McMenamin, ESPN Staff WriterSep 20, 2023, 08:08 AM ET Close Lakers and NBA reporter for ESPN. Covered the Lakers and NBA for ESPNLosAngeles.com from 2009-14, the Cavaliers from 2014-18 for ESPN.com and the NBA for NBA.com from 2005-09. MINUTES AFTER THE congregation of basketball players ranging from NBA All-Stars to pro prospects to gym