AUDI AG: * H1 REVENUE TOTALS EUR 29.2 BILLION, OPERATING PROFIT EUR 3.1 BILLION, OPERATING RETURN ON SALES 10.7 PERCENT, PROFIT BEFORE TAX AMOUNTS TO EUR 3.9 BILLION. * H1 STRONG NET CASH FLOW: EUR 5.5 BILLION. * BEST FIRST HALF-YEAR IN AUDI'S HISTORY WITH 981,681 VEHICLES DELIVERED TO CUSTOMERS.
* June output marks fastest rise since July 2020. * Job availability rises to highest level since May 2020. * Retail sales up 0.1% yr/yr in June vs f'cast +0.2% * New COVID curbs to sharply slow July-Sept growth - analysts. By Kaori Kaneko and Leika Kihara.
Canadian miner Turquoise Hill Resources
Ltd (TRQ) on Thursday beat estimates for second-quarter profit, bolstered by a strong output from the Oyu Tolgoi mine in Mongolia and higher prices of copper and gold. Prices of the red metal hit a record high in May, boosted by demand from electric-vehicle makers and other clean-energy investments.
SANTA MONICA, Calif. "In July we expect to see things continue to cool since the recent new vehicle sales peak in April. Additional Insights: . . . . . . . . . . About TrueCar TrueCar is a leading automotive digital marketplace that enables car buyers to connect to our nationwide network of Certified Dealers.
NEW YORK, July 29, 2021 Shutterstock (SSTK), Inc. , a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced the availability of its data on AWS Data Exchange, a service that makes it easy to find, subscribe to, and use third-party data in the cloud.
South Korea's LG Chem Ltd on Thursday posted a four-fold surge in quarterly profit on pandemic-led demand for its chemicals used in making electronic products such as laptops and TVs, and said sales of batteries used in electric vehicles were improving.
* Automotive business returns to profit. * Reaffirms full-year profit forecast of 330 bln yen. By Makiko Yamazaki and Tim Kelly. Panasonic Corp (PCRFF) said first-quarter operating profit surged more than 27 times, handily beating expectations as demand for home appliances and automotive batteries recovered from a particularly weak COVID-hit year.
* Raises investment, sales outlook. * Q2 results beat estimates. * Shares up. By Supantha Mukherjee and Mathieu Rosemain. Franco-Italian chipmaker STMicroelectronics raised full-year sales and investment outlook on Thursday as surging demand from car and phone makers boosted second-quarter profits and kept its factories under pressure to meet orders.
Ford Motor Co (F) on Wednesday boosted its 2021 profit forecast after reporting better-than-expected quarterly results, lifting the No. 2 U.S. automaker's shares nearly 3%. While an ongoing global chip shortage cost Ford market share in North America, Europe and China, higher prices on more profitable models such as large pickups and SUVs helped increase revenue and operating profit in North Americ...
Ford Motor Co (F) on Wednesday boosted its profit forecast for the year after reporting better-than-expected quarterly results. The No. 2 U.S automaker raised its expectation for full-year operating profit by about $3.5 billion, to between $9 billion and $10 billion. .
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