Latest Updates: GM, Ford Strikes Continue, Tesla’s Erdogan Request, Chevron’s Wheatstone LNG Site Normalizes, KKR’s Stake in SingTel’s Data Center Division, VF Corp’s Downgrade – Daily News

2023-09-18 09:31:15
PARIS, September 18 (Archyde.com) – Main values ​​to follow on Monday on Wall Street: * GENERAL MOTORS GM.N AND FORD FN – Employees of the American automobile industry continued their strike movement on Sunday for the third day of subsequently, in the states of Michigan, Ohio and Missouri, in support of wage demands. * TESLA TSLA.O – Turkish President Tayyip Erdogan asked Elon Musk, the CEO of Tesla, to build a factory in Turkey. The brand currently has six factories around the world and is building a seventh in Mexico. * CHEVRON CVX.N announced on Monday a return to normal at its Wheatstone liquefied natural gas (LNG) site, in Western Australia, following strikes which led to a drop of around a fifth in production last week. * KKR KKR.N will take a 20% stake in SingTel’s data center division in Southeast Asia for $807 million. * VF CORP VFC.N – Piper Sandler lowered her advice from “overweight” to “neutral” on the owner, among others, of the The North Face brand. (Written by Claude Chendjou, edited by Blandine Hénault)
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