Rivian shares surge on $5.8 billion Volkswagen investment in JV
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Malaysia's law minister on Wednesday challenged a former sultan's heirs who lost a legal bid to obtain nearly $15 billion from the government over a land dispute to try
Italian luxury yacht maker Ferretti on Wednesday reduced its full-year guidance for adjusted core profit (EBITDA) and revenue pending confirmation of U.S. orders for yachts in its "
Services activity in Brazil grew more than expected in September and hit a record high, a sign of economic strength that comes after the central bank kicked off a monetary
Restaurant chain Cava touched a fresh record high as its shares rose more than 16% at $167.50 in early trading on Wednesday, after it surpassed quarterly earnings
An investigation was underway in Kentucky on Wednesday into what caused an explosion that leveled a Louisville factory, killing two people and injuring several others.
Canadian supermarket retailer Loblaw Companies missed third-quarter revenue estimates on Wednesday, hurt by a slowdown in the demand for its non-essential goods such as household items and
Japan's government is considering restarting subsidies for electricity and gas prices from January next year, and continuing them until March in response to high fuel costs, public
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with
Tesla said on Wednesday it was recalling 2,400 Cybertruck pickups in the U.S. because a faulty part could lead to a loss of power and increase the risk of a
General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday.
Police in the Central Asian nation of Kyrgyzstan have arrested and charged seven people on suspicion of organising mass riots to overthrow the government ahead of local elections
A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick. The ghosts of inflation past, present and future are haunting global markets on Wednesday as the U.S.
Euro zone lenders may not have a full understanding of their exposure to the quickly growing private credit and equity markets, so bank supervisors plan to outline new risk
Ukraine's border guard force cannot register a trademark in the European Union on its wartime insult "Russian warship, go fuck yourself"
India's Supreme Court on Wednesday strongly criticised states which were demolishing properties of suspected criminals, a practise critics say targets mostly minority Muslims, and
The new Labour government must re-think the timing of tax rises imposed in last month's budget and instead phase them in if it wants to avoid fuelling inflation, the chairman of the
Japan and Britain are planning to establish a framework between their foreign and trade ministers on economic and trade matters, the Nikkei business daily reported on Wednesday.
North Korean soldiers have engaged in combat operations against Ukraine alongside their Russian allies, South Korea's spy agency said on Wednesday.
High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest
China unveiled tax incentives on home and land transactions on Wednesday, aiming to support the crisis-hit property market by increasing demand and easing developers' financial
New tariffs planned by U.S.
Taiwan's central bank warned on Wednesday that it sees peril in the proposed trade policies of the incoming administration of U.S. President-elect Donald Trump.