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China’s Xpeng bets on extended-range hybrid tech to boost sales By Reuters

China’s Xpeng bets on extended-range hybrid tech to boost sales By Reuters

SHANGHAI (Reuters) – Xpeng (NYSE:) unveiled its extended-range hybrid technology on Wednesday, as the Chinese electric vehicle maker bets on a pivot to such products that are more cost-competitive than pure EVs to boost sales…

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Factbox-US counties Wall Street will watch closely on election night By Reuters

Factbox-US counties Wall Street will watch closely on election night By Reuters

By Pete Schroeder WASHINGTON (Reuters) -With Republican Donald Trump and Democrat Kamala Harris locked in a dead heat in the race for the White House, political forecasters will be eyeing a clutch of counties across…

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BOJ to raise rates again most likely in January, says ex-policymaker By Reuters

BOJ to raise rates again most likely in January, says ex-policymaker By Reuters

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan is likely to raise interest rates in coming months with January emerging as the most likely timing, when there will be more…

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Powell to remain dovish as softer inflation, jobs de-risk rate cut plan: Citi By Investing.com

Powell to remain dovish as softer inflation, jobs de-risk rate cut plan: Citi By Investing.com

Investing.com — Powell is likely to suggest that rate cuts could either slow or accelerate, but the Fed chief is unlikely to endorse hawkish bets for a Fed pause amid recent data showing a softer pace of inflation and slower…

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Volvo Cars October sales rise 3% year-on-year By Reuters

Volvo Cars October sales rise 3% year-on-year By Reuters

COPENHAGEN (Reuters) -Volvo Cars’ sales rose 3% year-on-year in October to 61,686 cars driven primarily by an increase in sales of electric and plug-in hybrid models in Europe, the Sweden-based automaker said on Monday. Volvo…

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Brazil Finance minister cancels trip to Europe amid pressure to present fiscal measures By Reuters

Brazil Finance minister cancels trip to Europe amid pressure to present fiscal measures By Reuters

SAO PAULO (Reuters) – Brazil Finance Minister Fernando Haddad canceled a trip to Europe this week, the ministry said in a statement on Sunday, amid pressure from market participants for the government to present spending-cut…

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Australia to slash $10 billion off student debt amid cost of living pressures By Reuters

Australia to slash $10 billion off student debt amid cost of living pressures By Reuters

SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese said on Sunday that his government planned to cut student loans for around three million Australians by 20%, wiping off around A$16 billion ($10 billion) in debts. The…

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Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls By Reuters

Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls By Reuters

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway (NYSE:) extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record $325.2 billion. In its quarterly…

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How to navigate the Fed’s pre-decision blackout period, according to Wells Fargo By Investing.com

How to navigate the Fed’s pre-decision blackout period, according to Wells Fargo By Investing.com

Investing.com — The Federal Reserve is due to unveil its latest interest rate decision on Nov. 7, although officials are in a blackout period during which they are not providing public statements about their policy stances.…

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US election, Fed meeting loom in big week for markets By Reuters

US election, Fed meeting loom in big week for markets By Reuters

By Lewis Krauskopf NEW YORK (Reuters) – A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more insight on the…

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