Tesla announces plans to cut 400 jobs in Germany
Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
Source: sharecast.com
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US new home sales jump in March - Sharecast.com
New home sales in the United States bounced back strongly in March after a sharp downwards revision to numbers the month before.
Source: sharecast.com
JTC buy JP Morgan Chase unit for $21m
Global professional services business JTC said it had bought JP Morgan Chase subsidiary First Republic Trust Company of Delaware for $21m.
Source: sharecast.com
London pre-open: Strong gains expected ahead of busy week
UK stocks are expected to rise for the fourth straight day on Monday as investors shake off recent concerns about monetary policy tightening and geopolitics ahead of a busy week for economic data and corporate earnings.
Source: sharecast.com
London midday: FTSE 100 inches closer to record highs as retailers jump
UK stocks were within touching distance of record highs on Monday, with the FTSE 100 outperforming the rest of Europe as it remains fairly insulated from concerns about weakness in the American tech sector.
Source: sharecast.com