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Chinese Battery Material Inventory Increases Due to Tesla Supply Agreement

Chinese battery material suppliers Zhejiang Huayou Cobalt Co Ltd (SS:603799) and CNGR Advanced Material Co Ltd (SZ:300919) gained Monday after striking supply deals with Tesla (NASDAQ:TSLA).

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Written by: Charlie Brooks

Published on: August 1, 2022

Stock News

Heineken falls as an inflation warning overshadows a strong second quarter

The world’s second-largest brewer warned of inflationary challenges in the coming 18 months, overshadowing a strong second quarter.

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Written by: Charlie Brooks

Published on: August 1, 2022

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European stocks soar as banks and HSBC compensate for bad data

Poor Chinese economic statistics and a drop in euro zone industrial activity fuelled fears of a global economic crisis. Monday’s solid earnings from HSBC alleviate those fears.

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Written by: Aria Thomas

Published on: August 1, 2022

Stock News

Britain is to examine the environmental claims made by ASOS, Boohoo, and Asda

Britain’s competition authority will examine if ASOS, Boohoo, and George at Asda misled shoppers with environmental promises.

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Written by: Charlie Brooks

Published on: July 29, 2022

Stock News

Amazon Soars on Beaten Earnings and Guidance; Results Considered “Terrific”

Amazon (NASDAQ:AMZN) shares are up more than 12 percent in premarket trade on Friday, after the publication of good results and guidance for the second quarter.

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Written by: Aria Thomas

Published on: July 29, 2022

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