GM cuts costs

Source: Dukascopy Bank SA
General motors has announced that due to declining profits in the second quarter of the year the company would continue its cost cutting campaign.
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Wed, 26 Jul 2023 08:42:39 GMT

Rolls Royce beats earning expectations

The aero-engineering company Rolls-Royce has beat its first-half-year earnings and has increased 2023 profit forecast by 45%. The announcement caused a 24.00% surge of the company's stock price. In addition, the stock has reached highest levels since March 2020.

Fri, 28 Jul 2023 14:30:04 GMT

Indonesia subsidizes electric vehicle makers

The Indonesian government is creating a new package of incentives for electric vehicle makers to invest in the country. Moreover, the government has revealed that it is in talks with BYD and Tesla.

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