By Joseph White and Paul Lienert DETROIT (Reuters) – It’s crunch time for Tesla Motors. The Silicon Valley automaker is losing more than $4,000 on every Model S electric sedan it sells, using its reckoning of operating losses, and it burned $359 million in cash last quarter in a bull market for luxury vehicles. Chief Executive Elon Musk said he’s considering options to raise more capital, and didn’t rule out selling
China is under growing pressure to further stimulate its economy after disappointing data over the weekend showed another heavy fall in factory-gate prices and a surprise slump in exports. Producer prices in July hit their lowest point since late 2009, during the aftermath of the global financial crisis, and have been sliding continuously for more than three years.
China is under growing pressure to further stimulate its economy after disappointing data over the weekend showed another heavy fall in factory-gate prices and a surprise slump in exports. Producer prices in July hit their lowest point since late 2009, during the aftermath of the global financial crisis, and have been sliding continuously for more than three years.
China is under growing pressure to further stimulate its economy after disappointing data over the weekend showed another heavy fall in factory-gate prices and a surprise slump in exports. Producer prices in July hit their lowest point since late 2009, during the aftermath of the global financial crisis, and have been sliding continuously for more than three years.
The purchase of Precision Castparts, which makes aircraft components and energy-production equipment, could be announced as soon as next week and cost more than $30 billion, assuming typical premiums for mergers, according to the Wall Street Journal, which first reported the news. Precision Castparts’ market value was $26.7 billion on Friday. Neither Berkshire nor Precision Castparts returned calls and emails seeking comment.
The purchase of Precision Castparts, which makes aircraft components and energy-production equipment, could be announced as soon as next week and cost more than $30 billion, assuming typical premiums for mergers, according to the Wall Street Journal, which first reported the news. Precision Castparts’ market value was $26.7 billion on Friday. Neither Berkshire nor Precision Castparts returned calls and emails seeking comment.
The purchase of Precision Castparts, which makes aircraft components and energy-production equipment, could be announced as soon as next week and cost more than $30 billion, assuming typical premiums for mergers, according to the Wall Street Journal, which first reported the news. Precision Castparts’ market value was $26.7 billion on Friday. Neither Berkshire nor Precision Castparts returned calls and emails seeking comment.
Greek government officials discussed a draft of the country’s third bailout agreement drawn up on the basis of discussions with EU/IMF lenders, a government official said on Saturday, boosting hopes a deal could be wrapped up in days. Athens is racing to wrap up the bailout agreement of as much as 86 billion euros ($94.35 billion) by as early as Tuesday in a bid to get the first disbursement of
Greek government officials discussed a draft of the country’s third bailout agreement drawn up on the basis of discussions with EU/IMF lenders, a government official said on Saturday, boosting hopes a deal could be wrapped up in days. Athens is racing to wrap up the bailout agreement of as much as 86 billion euros ($94.35 billion) by as early as Tuesday in a bid to get the first disbursement of
Greek government officials discussed a draft of the country’s third bailout agreement drawn up on the basis of discussions with EU/IMF lenders, a government official said on Saturday, boosting hopes a deal could be wrapped up in days. Athens is racing to wrap up the bailout agreement of as much as 86 billion euros ($94.35 billion) by as early as Tuesday in a bid to get the first disbursement of
