05:04 AM EDT, 07/24/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Tesla (TSLA) shares were trading down 6.8% in premarket activity Wednesday after the electric vehicle manufacturer overnight reported a steeper decline in Q2 earnings than the market had anticipated. The company reported Q2 non-GAAP earnings late Tuesday of $0.52 per diluted...

LONDON (Reuters) -Britain's Informa said on Wednesday it had reached a deal to buy Cannes Lions Festival owner Ascential for 1.2 billion pounds ($1.6 billion), adding the flagship ad industry conference to its portfolio of events. Shares in Ascential, which also owns the Money20/20 fintech events, jumped 26% to 565 pence in early deals, just shy of the 568 pence...

SINGAPORE (Reuters) - China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed, highlighting the challenge facing the world's biggest electric vehicle maker by sales from Chinese rivals. BYD's strong growth in Singapore, one of the region's smallest auto markets, underscores the Chinese firm's ambition to dominate the Southeast Asia...

SINGAPORE, July 24 (Reuters) - China's BYD widened its sales lead over Tesla in Singapore in the first half of this year, government data showed, highlighting the challenge facing the world's biggest electric vehicle maker by sales from Chinese rivals. BYD's strong growth in Singapore, one of the region's smallest auto markets, underscores the Chinese firm's ambition to dominate the...