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Japanese Nikkei reported at the end of last week that the automaker Nissan Motors plans to produce about 4,600,000 cars in the 2019 fiscal year, thus reducing production by 15% compared to the last fiscal year. A little later, Reuters reported that the Japanese automaker published a refutation on the site and sent a complaint to the Nikkei, where it expressed its strong disagreement with the information submitted by the newspaper. Nissan will publish the final financial figures for the past year and will announce its production plan for the new fiscal year on May 14. According to the estimates of the Japanese automaker, its operating profit in the fiscal year, which will end in March 2020, will decrease by 22% to 450 billion yen. During trading on Friday, Nissan shares fell 2.2%.
European stocks traded slightly higher on Tuesday ahead of a U.S. decision to roll out additional stimulus plans despite the underwhelming quarterly earnings reports from the luxury goods market. The pan-European STOXX index inched higher ...
On Tuesday, Snap Inc.’s (SNAP.N) stock price declined by more than 11% in after-hours trading as investors digested the company’s user and revenue growth after its second-quarter earnings report. The social media company reported ...
Oil prices fell on Thursday after OPEC+ agreed to lessen output cuts from August, though the decline was dampened by a recovery in demand as U.S. crude stocks had an unprecedented drop. Brent crude slid 0.3%, or 13 cents, at $43.66 per barrel. ...
Tesla Inc will be manufacturing mobile molecule printers in an attempt to aid Germany’s biotech firm CureVac in developing a potential COVID-19 vaccine, according to a tweet by the electric-car maker’s CEO Elon Musk on Wednesday. CureVac ...
U.S. stock index futures rose on Thursday, ahead of the much-awaited jobs report that could signal further evidence of an economic rebound in June. However, gains remained limited by the record surge in daily COVID-19 cases. Dow e-minis gained ...
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