U.S. auto giant Ford Motor Co.'s net profit attributable to its parent company was $5.655 billion in January-September 2021, up 3.7 times year-on-year, the company said in a report. Diluted earnings per share were $1.4 for the period, compared to $0.38 a year earlier. The company's revenue rose 8.2...

US betting company DraftKings said it rejected an offer to buy UK betting and gambling company Entain Plc. "After several discussions with Entain's management, our company has decided that it will not make a detailed offer to buy Entain," said DraftKings head Jason Robins. The talks between...

Google reported its biggest sales growth in 14 years and nearly doubled its profits in the third quarter. The company appears to have been little affected by Apple's changes to its iOS app privacy policy, with smaller companies investing in digital advertising aimed at online shoppers. Google...

The United States based electric car maker Tesla is now a trillion dollar company.   This was possible after shares of the company surged and pushed the market cap of the company over the $1 trillion for the first time following the placing of an order for 100,000 Tesla cars by Hertz Global...

US and Canadian coal miners are actively increasing their share in China's coking coal market, according to Chinese customs statistics cited by Argus. For the first nine months of 2021, US shipments increased by 870.6% to 7.2 mln tonnes, while Canada increased by 92% to 6.6 mln tonnes. Russian coal...

Shares in the largest plant-based meat producer Beyond Meat have fallen by 15%, reaching their lowest level since last spring. Investors were disappointed by a report of lower sales and production problems, which forced the company to worsen its earnings forecast. Shares in the largest plant-based...

Shares in energy companies have gained 54% since the beginning of the year. In the last month alone, they have gained 19%. Investors who have been betting on green energy in recent years are missing out on an opportunity to make money. Shares in energy companies in the S&P 500 Index, which...

American auto giant General Motors Co was forced to stop the completion and deliveries of its pickup trucks because of the global semiconductor shortage. However, a high-ranking executive of the company recently said that the company is close to completing shipping of the newly-assembled pickups...

Co-working service WeWork has gone public and its shares on the New York Stock Exchange reached $13.71 on the first day of trading, 37% above the offering price. WeWork went public through a merger with specialist target mergers and acquisitions (SPAC) company BowX Acquisition Corp, valuing the...