10:24 AM EDT, 05/14/2024 (MT Newswires) -- Mullen Automotive ( MULN ) shares rose 8.1% in recent trading Tuesday, paring earlier gains, after the company announced a $150 million financing commitment to meet capital needs over the next 13 months. The electric-vehicle manufacturer said Tuesday it received a financing commitment of $100 million from an undisclosed family office and sold...

10:24 AM EDT, 05/14/2024 (MT Newswires) -- S&P Global ( SPGI ) division S&P Global Commodity Insights said Tuesday it has acquired World Hydrogen Leaders, a company that organizes conferences, training, and market insights focused on hydrogen data, insights, pricing and research. Financial details weren't disclosed. World Hydrogen Leaders hosts global events covering hydrogen and its derivatives, with virtual events...

Petróleo Brasileiro S.A. shares are trading lower after the company reported first-quarter FY24 financial results. Sales of $23.77 billion (-11.2% Y/Y) missing the consensus of $24.35 billion. Net revenue fell 12% Q/Q, mainly owing to lower revenue from diesel sales in the domestic market and exports. Oil products revenue fell 13.4% Y/Y to $14.0 billion. Total domestic market revenues declined 12.9% Y/Y...

10:24 AM EDT, 05/14/2024 (MT Newswires) -- Alibaba Group ( BABA ) reported weaker-than-expected fiscal fourth-quarter earnings on Tuesday, despite revenue gains in the company's e-commerce, cloud and logistics business segments. The Chinese e-commerce giant posted adjusted earnings of 10.14 renminbi ($1.40) per American depositary share, down from 10.71 renminbi a year earlier. The consensus among analysts on Capital IQ...