BERLIN (Reuters) - The transformation of the German car industry could lead to 186,000 jobs losses by 2035, of which roughly a quarter have already occurred, a study commissioned by the VDA auto industry association released on Tuesday showed. The 46,000 jobs already lost between 2019 and 2023 were due mainly to the transition to electric vehicles, according to the...

06:24 AM EDT, 10/29/2024 (MT Newswires) -- HSBC Holdings ( HSBC ) reported Q3 earnings Tuesday of $0.34 per share, up from $0.29 a year earlier. Two analysts polled by Capital IQ expected $0.32. Revenue for the quarter ended Sept. 30 was $17 billion, up from $16.16 billion a year earlier. Three analysts surveyed by Capital IQ expected $16.25 billion....

06:24 AM EDT, 10/29/2024 (MT Newswires) -- Digital Brands' ( DBGI ) shares were down over 24% in premarket activity Tuesday after the company said overnight it priced an offering of 30 million shares and/or pre-funded warrants to purchase common stock at $0.10 per share. The company said, late Monday, it expects gross proceeds of $3 million from the offering...

03:58 AM EDT, 10/29/2024 (MT Newswires) -- Boeing ( BA ) said Tuesday it priced its public offerings of 112.5 million common shares at $143 each and $5 billion of depositary shares at $50 per share. Each depositary share represents a 1/20th interest in a share of newly issued 6% series A mandatory convertible preferred stock. The company gave the...