Volkswagen profits dip as it struggles in China
Volkswagen said Thursday its profits slipped in the second quarter as it battles to regain ground in China, the German auto giant's most important market.
Jul 27, 2023
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Automotive
News tagged with second quarter
Business
Airbus and Boeing race to boost aircraft production
Airbus and Boeing both stepped up deliveries of commercial aircraft in the first half of this year, boosting revenue as they strive to ramp up production to meet demand from airlines.
Jul 26, 2023
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Business
Amazon will pay 15% less for iRobot as the robot vacuum maker takes on new debt
Amazon will pay roughly 15% less to acquire iRobot after the robot vacuum maker incurred new debt.
Jul 26, 2023
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Business
Boeing shares surge despite Q2 loss as it boosts plane production
Boeing shares rallied Wednesday after the aerospace giant reported a smaller-than-expected loss, announced production rate increases on key commercial jets and described supply chain problems as moderating somewhat.
Jul 26, 2023
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Business
Google rebounds from unprecedented drop in ad revenue with a resurgence that pushes stock higher
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive ...
Jul 25, 2023
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Business
Spotify reports strong user growth, raises prices
Spotify reported Tuesday a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.
Jul 25, 2023
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Automotive
General Motors reports strong results as it girds for tough labor talks
General Motors lifted its full-year forecast following another strong quarter on Tuesday as it girds for difficult labor negotiations and questions about the market for its growing electric vehicle business.
Jul 25, 2023
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Business
Nokia profits fall as clients particularly in North America shun investments
Wireless and fixed-network equipment maker Nokia on Thursday reported a fall in second quarter profit as clients especially in North America postponed investments due to a slowdown in economic growth and rising financing ...
Jul 20, 2023
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Electronics & Semiconductors
Chip giant AMD says AI to be 'mega-trend' for computing world
AI will be the "defining mega-trend" for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world's semiconductors powering the technology is produced.
Jul 20, 2023
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Business
United Airlines triples Q2 profits on strong demand
United Airlines reported on Wednesday that second-quarter profits more than tripled, benefitting from robust travel demand and a surge in international capacity.
Jul 20, 2023
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