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Added on the 24/04/2019 17:00:13 - Copyright : Wochit
Luxury electric car maker Tesla posted a fourth quarter loss. Its operating expenses soared during the quarter. Optimistic outlook for 2015. Shartia Brantley reports.
Tesla earnings disappointed; Cisco's results came in better-than-forecasts; Stocks were relatively flat, keeping a close eye on Greek debt developments. Bobbi Rebell reports.
Hong Kong, Aug 11 (EFE/EPA).- Hong Kong's flag carrier Cathay Pacific on Wednesday posted a HK$7.6 billion ($977 million) loss in the first half of 2021, narrower than the prior year's HK$9.9 billion. (Camera: JEROME FAVRE).SHOT LIST: CATHAY PACIFIC´S HEADQUARTERS BUILDING, AND A DISUSED CATHAY PACIFIC AIRWAYS PROPELLER PLANE IS DISPLAYED OUTSIDE THE COMPANY’S HEADQUARTERS BUILDING IN HONG KONG.
Tesla reported its best quarterly profit on Wednesday. According to CNN, shares of Tesla (TSLA) climbed again in after-hours trading on the earnings report. The auto manufacturer said it hopes to hit its target of half a million car sales this year. The positive report and high target came as good news to investors in the stock, which has gained more than 400%. There had been doubts that Tesla could achieve its goal of delivering 500,000 due to the Covid-19 pandemic.
Seoul, Jul 30 (EFE/EPA).- South Korean giant Samsung Electronics achieved a net profit of 5.55 trillion won ($4.67 billion) in the second quarter, a 7.33 percent year-on-year increase, driven by its semiconductor division.The company's gross operating profit between April and June was 7.7 trillion won, 8.21 percent more than the same quarter of 2019, while its operating profit stood at 8.15 trillion won, an increase of 23.48 percent year-on-year, Samsung Electronics said in a statement on Thursday."Even as the spread of COVID-19 caused closures and slowdowns at stores and production sites around the world, the Company responded to challenges through its extensive global supply chain, while minimizing the impact of the pandemic by strengthening online sales channels and optimizing costs," the statement said. (Camera: JEON HEON-KYUN).SHOT LIST: A SAMSUNG STORE IN SEOUL, SOUTH KOREA.
The passenger compartment remained stable in the frontal offset test. Dummy readings indicated good protection of the knees and femursof both the driver and passenger dummy. Tesla showed that a similar level of protection would be provided to occupants of different sizesand to those sitting in different positions. Protection of both dummies was rated as good for all critical body areas and the Tesla 3 scoredmaximum points in the offset deformable test. In the full-width rigid barrier test, all body areas were well protected for both dummies withthe exception of chest of the rear passenger, protection of which was adequate. In the side barrier test, protection of all critical body areaswas good and the Tesla 3 scored maximum points. In the more severe side pole impact, dummy readings of rib compression indicatedmarginal protection of the chest, with all critical areas well protected. Tests on the front seats and head restraints demonstrated goodprotection against whiplash injuries in the event of a rear-end collision. A geometric assessment of the rear seats also indicated goodwhiplash protection. The standard-fit autonomous emergency braking (AEB) system scored maximum points in tests of its functionality atthe low speeds at which many whiplash injuries occur, with collisions avoided in all test scenarios
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