Industrial Production fluctuates indecisively. Production, Shipments and Inventories increased, Inventory Ratio decreased. According to the Survey of Production Forecast in Manufacturing, Production ...
Net income: US$16.8m (down 18% from 3Q 2023). Profit margin: 4.9% (down from 5.8% in 3Q 2023). The decrease in margin was driven by lower revenue. EPS: US$0.44 (down from US$0.54 in 3Q 2023).
Volvo Cars wants to buy out struggling Northvolt of their joint venture to build a battery factory in Gothenburg. The Swedish carmaker, owned by China’s Geely, said on Wednesday that it planned to ...