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China's BYD plans new electric vehicle plant in Mexico, says Nikkei - Vimarsana News

China's BYD plans new electric vehicle plant in Mexico, says Nikkei

BYD, known for its cheaper models and a more varied lineup, recently overtook its biggest rival Tesla Inc to become the world's top EV maker in terms of sales. While BYD has its sales concentrated in China, it also aims to expand globally and is building new plants overseas in addition to expanding Chinese exports. Mexico's massive automaking sector, populated by many of the industry's top global players, is tightly integrated with the U.S. industry.

Source: aol.com
BHP flags one-off charges from nickel operations, Samarco dam failure - Vimarsana News

BHP flags one-off charges from nickel operations, Samarco dam failure

BHP Group will record a $2.5 billion non-cash impairment charge for its Western Australia Nickel business and another $3.2 billion in relation to its Samarco dam failure, the miner said on Thursday. ...

Australia's Wesfarmers first-half profit jumps 3% on strong demand - Vimarsana News

Australia's Wesfarmers first-half profit jumps 3% on strong demand

-Australian retail conglomerate Wesfarmers posted a better-than-expected half-year profit on Thursday, boosted by strong performance at its budget department store operator Kmart and hardware... -February 14, 2024 at 05:12 pm EST - MarketScreener

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Australia's Wesfarmers first-half profit jumps on Kmart, Bunnings growth - Vimarsana News

Australia's Wesfarmers first-half profit jumps on Kmart, Bunnings growth

-Australian retail conglomerate Wesfarmers posted a better-than-expected half-year profit on Thursday, boosted by strong performance at its budget department store operator Kmart and hardware... -February 14, 2024 at 05:12 pm EST - MarketScreener

BHP Group warns of $2.5 bln non-cash charge from nickel operations - Vimarsana News

BHP Group warns of $2.5 bln non-cash charge from nickel operations

BHP Group will record a $2.5 billion non-cash impairment charge in relation to its Western Australia Nickel business as the nickel industry faces challenges and prices remain dampened, the miner said...