Rivian (RIVN) on Thursday Affirmed its full-year production forecast and estimated that second-quarter deliveries will be above analyst expectations. A day after shares surged on news of its joint venture with Volkswagen (VWAGY), RIVN stock fell on Thursday. ↑ X NOW PLAYING If Tesla Is The Most Valuable Car Company, Why Are Hybrids Outselling EVs? […]
Tag: reaffirms
Vatican makes fresh overture to China, reaffirms that Catholic Church is no threat to sovereignty
ROME (AP) — The Vatican made another big overture to China on Tuesday, reaffirming the Catholic Church poses no threat to Beijing’s sovereignty and admitting that Western missionaries had made “errors” in past centuries in their zeal to convert the Chinese faithful. The Vatican hosted the head of China’s bishops conference for an unprecedented, high-level […]
G7 chides Iran and warns against escalation, reaffirms Ukraine help
The Group of Seven (G7) condemned Iran for its attacks on Israel and general behaviour on Friday but also called on both parties to de-escalate amid reports of Israeli retaliation. A meeting of foreign ministers from the group of industrialized democracies had been under way on the Italian island of Capri since Wednesday. A communique […]
G7 warns Israel and Iran against escalation, reaffirms Ukraine help
The Group of Seven (G7) has strongly condemned Iran for its attacks on Israel but also called on both parties to de-escalate amid reports of Israeli retaliation. A meeting of foreign ministers from the group of industrialized democracies has been under way on the Italian island of Capri since Wednesday. A communique to mark the […]
White House reaffirms Israel backing but says ‘we don’t seek war with Iran’
US officials on Sunday sought to strike a delicate balance with Israel after the key US ally was attacked by Iran on Saturday, staunchly affirming their alliance with the Israelis while also making it clear the US will not support further military action. Iran launched the air assault with drones and missiles after Israel attacked […]
Scholz reaffirms solidarity with Ukraine in phone call with Zelensky
Chancellor Olaf Scholz has reaffirmed Germany’s solidarity with Ukraine in a telephone conversation with Ukrainian President Volodymyr Zelensky. Scholz discussed ways of further strengthening Ukraine’s air defence with Zelensky, government spokesman Steffen Hebestreit said on Saturday. The Ministry of Defence had previously announced that Germany would supply Ukraine with a further Patriot air defence system. […]
Rivian Stock: Deliveries Grow 70% As The EV Startup Reaffirms 2024 Production Target
Rivian Automotive (RIVN) reported better-than-expected first-quarter vehicle deliveries and doubled down on its full-year production goal Tuesday. RIVN shares fell early. X Rivian, based in Irvine, Calif., announced Tuesday that vehicle deliveries in Q1 totaled 13,588 while it produced 13,980. For 2024, Rivian also reaffirmed previous guidance of producing 57,000 vehicles. Ahead of Tuesday’s release, […]
Swedish minister reaffirms willingness to send jets to Ukraine after finalizing NATO bid
Sweden is open to providing Ukraine with modern fighter jets, but the Nordic country first needs a full-fledged NATO membership, Swedish Defense Minister Pal Jonson told the Kyiv Independent during an interview on the sidelines of the Munich Security Conference on Feb. 16. As Ukraine seeks to bolster its Air Force with modern Western jets, […]
Pope reaffirms Christians’ special relationship with Jews amid rising antisemitism, Gaza war
VATICAN CITY (AP) — Pope Francis on Saturday reaffirmed Christians’ special relationship with Jews amid rising antisemitism since the outbreak of the Gaza war in a letter to the Jews of Israel that he said was prompted by messages from Jewish organizations around the world. The letter served as a belated fence-mending after Francis was […]