General Motors Company (NYSE: GM) shares rebounded by 2% on Wednesday after the company reported disappointing second-quarter numbers as it struggles with parts shortages.
Hong Kong stocks soared on Monday morning, with the benchmark Hang Seng index rising over 3%, as China relieved some of its COVID-19 restrictions, easing testing rules in some cities.
Philip Morris sets sights on U.S. heated tobacco market with IQOS launch. Analysts optimistic despite vaping competition. Ambitious goal: 10% market share within 5 years. Potential to convert 2.8 million smokers. Regulatory challenges ahead.