Archer Daniels Midland (NYSE: ADM), a global leader in human and animal nutrition and agricultural processing, is facing a complex market landscape as it approaches the end of 2024. The company’s diverse portfolio and strong market position are being tested by challenges such as weak crush margins and a slowdown in key markets. This comprehensive … Read more
Hyundai Motor Company and Toyota Motor Corporation have joined forces to organize the inaugural ‘Hyundai N x TOYOTA GAZOO Racing Festival’ at Yongin Speedway in Korea. The event aimed to showcase high-performance production and racing cars from both companies, highlighting their shared dedication to enhancing South Korea’s motorsport culture and engaging customers. The festival featured … Read more
Turning to our results for the third quarter, we faced some challenges but also saw some positive developments. Our revenue decreased by 2% to $210 million compared to the same period last year. We experienced a notable decline in the EV/HEV segment, which impacted our overall performance. However, we were pleased to see our gross … Read more
Boeing had a challenging day that was expected to improve on Wednesday night. However, it did not as more than 32,000 striking factory workers rejected Boeing’s latest contract offer after the company reported a $6 billion loss for the quarter. With production at Boeing’s facilities in the Pacific Northwest halted, the company’s bargaining power seems … Read more