Shares of Broadcom Inc. ( AVGO ) climbed 12.7% during the pre-market trading session on Friday following the company’s first quarter earnings and revenue beat. What Happened: Broadcom ( AVGO ), a leading semiconductor company, reported first quarter revenue of $14.92 billion, surpassing the forecasted $14.61 billion on Thursday. The company’s adjusted earnings stood at $1.60 per share, exceeding the anticipated $1.49...

(Reuters) - Volkswagen will recall 177,493 crossover SUVs in the United States over concerns related to a loose engine cover, the National Highway Traffic Safety Administration said on Friday. The engine cover may have been improperly installed after vehicle service, allowing it to come loose and contact hot engine surfaces, potentially increasing the risk of a fire, the U.S. auto...

March 7 (Reuters) - Volkswagen will recall 177,493 crossover SUVs in the United States over concerns related to a loose engine cover, the National Highway Traffic Safety Administration said on Friday. The engine cover may have been improperly installed after vehicle service, allowing it to come loose and contact hot engine surfaces, potentially increasing the risk of a fire, the...

TOKYO (Reuters) - S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to 'BB'. It said that prospects for a fast improvement in Nissan Motor's automotive business to levels comparable with similarly rated peers' are now remote. ...