BRUSSELS (Reuters) - Any agreement reached with Chinese producers on minimum prices for electric vehicles would need to be as effective and enforceable as the EU tariffs that were imposed last week, the likely future European Union trade chief said on Monday. The EU increased tariffs on Chinese-built EVs to as much as 45.3% last Wednesday, but negotiations to avert...

On Monday, Owens & Minor Inc. ( OMI ) reported the third quarter of 2024 adjusted EPS of $0.42, down from $0.44 reported a year ago, beating the consensus of $0.41. The company reported sales of $2.72 billion, up 5% year-over-year, beating the consensus of $2.68 billion. Patient Direct revenue of $687 million, up 6% year-over-year, driven by strength in several categories...

10:22 AM EST, 11/04/2024 (MT Newswires) -- (Updates with additional details in the third and fourth paragraph, and latest stock movement in the fifth paragraph.) Ford Motor ( F ) said Monday it sold 172,756 vehicles in October, a 15.2% gain from the same period in 2023. Electric vehicle sales in October were down 8.3% at 6,264, while hybrid and...

10:25 AM EST, 11/04/2024 (MT Newswires) -- Pason Systems ( PSYTF ) -- due to release 2024 Q3 results On November 7, 2024 -- was removed from RBC Capital Markets' Global Energy Best Ideas list due to reduced near-term catalysts resulting from flatter US rig and frac count trajectory, RBC said in a Monday note. We still believe the company...