Shares of electric vehicle manufacturer Volcon, Inc. ( VLCN ) soared over 70% in response to a series of buy-sell transactions by UBS Group AG ( UBS ) . What Happened: As per a recent SEC filing, UBS Group ( UBS ), a significant shareholder in Volcon ( VLCN ), engaged in buying and selling shares of the company, triggering...

BERLIN, July 11 (Reuters) - Germany's state railways will on Monday close for five months a main line connecting the financial centre of Frankfurt with the south to carry out a 1.3 billion euro ($1.4 billion) upgrade to creaking infrastructure. WHY IT'S IMPORTANT Tracks between Frankfurt and Mannheim are congested, and delays can have a major impact elsewhere in Germany's...

06:50 AM EDT, 07/11/2024 (MT Newswires) -- PepsiCo ( PEP ) reported fiscal Q2 core earnings Thursday of $2.28 per diluted share, up from $2.09 a year earlier. Analysts polled by Capital IQ expected $2.16 per share. Revenue for the quarter ended June 15 was $22.50 billion, up from $22.32 billion a year earlier. Analysts surveyed by Capital IQ expected...

06:49 AM EDT, 07/11/2024 (MT Newswires) -- The European Commission said Thursday it has secured a commitment from Apple ( AAPL ) to open its iPhones to rivals' tap-and-go contactless payment systems among users in the European Economic Area. Apple ( AAPL ) has committed to allow rivals to access the 'tap and go' technology of iPhones, said Margrethe Vestager,...