Edition:
United Kingdom

Rama Venkat Raman

Univision explores sale as market appetite for media companies improves

03 Jul 2019

Spanish-language broadcaster Univision Communications Inc is exploring a possible sale and has hired advisers, according to two sources familiar with the matter.

Tesla is serious about a possible record quarter, not so serious about a submarine car

12 Jun 2019

Tesla Inc has "a decent shot at a record quarter on every level", Chief Executive Officer Elon Musk said at the company's annual shareholder meeting on Tuesday, soothing concerns about weak demand for the electric car maker's sedans.

Tesla deliveries drop due to challenges shipping to Europe and China

04 Apr 2019

SAN FRANCISCO/BENGALURU, India Tesla Inc deliveries fell 31 percent in its first quarter as the electric car maker struggled with its first shipments of the Model 3 sedan to Europe and China due to longer transit times.

UPDATE 3-AutoNation names new CEO as slowing auto sales hit results

22 Feb 2019

Feb 22 AutoNation Inc said on Friday it has chosen insurance and financial services executive Carl Liebert to succeed longtime Chief Executive Officer Mike Jackson and lead the largest U.S. auto dealership chain at a challenging time, when the domestic vehicle market has been slowing.

Hilton's better-than-feared forecast drives shares higher amid trade worries

13 Feb 2019

Hilton Worldwide Holdings Inc on Wednesday provided a better-than-feared outlook for its key U.S. and China markets amid concerns around slowing global economic growth and trade wars, sending its shares up 7 percent.

Boeing delivers 46 jets in January

12 Feb 2019

Boeing Co delivered 46 aircraft in January, two more than a year earlier, as the world's biggest planemaker gears up for another year of record sales amid booming demand from the airline industry.

Cummins profit misses estimates; flags slowing truck demand

06 Feb 2019

U.S. engine maker Cummins Inc on Wednesday reported lower-than-expected quarterly profit and forecast full-year sales below analysts' estimates, raising concerns of a slowdown in sales of heavy-duty trucks in North America, its biggest market.

World News