Author: super@dmin
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Dow Jones Newswires: ArcelorMittal profit misses forecasts, as shipments fall, energy costs rise
ArcelorMittal said its result reflected lower average steel selling prices, lower volumes, higher energy costs and that the economic outlook for the industry in the short term remains uncertain.
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Dow Jones Newswires: Apple supplier GoerTek dives for second consecutive day
The selloff came after GoerTek said it received notification from an “overseas major customer” asking it to suspend the production of a smart acoustic product, which analysts believe to be Apple’s AAPL AirPods Pro 2.
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Dow Jones Newswires: Rheinmetall confirms outlook as higher orders boosts profit, sales
The company confirmed its full-year targets, expecting organic sales growth of around 15%, improvement in its operating result and an operating margin of more than 11%.
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Dow Jones Newswires: Apple supplier Foxconn Technology profit misses forecasts, offers mixed outlook
Foxconn said the fourth-quarter outlook is likely better for its consumer electronics, computing products and components businesses.
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Dow Jones Newswires: Chinese EV, battery makers slump on renewed worries about COVID-19 restrictions
In Hong Kong, peers Li Auto Inc. and XPeng Inc. shed 8.1% and 11%, respectively.
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Dow Jones Newswires: Credit Agricole profit and revenue fall amid market turbulence
The group’s common equity Tier 1 ratio, a measure of financial strength, fell to 17.2% at the end of September from 17.5% in June, hit by adverse market effects, the company said.
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Dow Jones Newswires: RWE backs outlook as net income nearly doubles to €2.12 billion
The German energy company posted adjusted net income of 2.12 billion euros ($2.14 billion) for the period, up from EUR1.03 billion the year earlier.
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Dow Jones Newswires: Wynn Macau shares fall after reporting third-quarter loss
Shares of Hong Kong-listed casino company Wynn Macau fell in early Asian trade Thursday after the company reported a third-quarter loss and as Covid-19 cases continue to rise in China.
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: What do the midterm elections mean for your taxes, stock portfolio, living standards — and inflation?
Inflation weighed heavily on voters minds
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The Wall Street Journal: SEC, Justice Department investigating beleaguered crypto platform FTX
The Securities and Exchange Commission and Justice Department are investigating cryptocurrency platform FTX following its sudden implosion this week, a person familiar with the matter said.