Stocks

General Motors electric-vehicle push backed by hedge fund

General Motors' plans to electrify its vehicle lineup has won the support of hedge fund Engine No. 1, which gained notoriety in January when it won three seats on Exxon Mobil’s board of directors by convincing big investors that the oil giant lacked a clean energy strategy.

Share trading in embattled China Evergrande halted in Hong Kong

Trading in shares of heavily indebted China Evergrande (3333.HK) was suspended on Monday, days after some bondholders said the property developer at the centre of jitters over China's financial system had missed a second key bond interest payment.

Stocks tumble amid Capitol Hill chaos, wrap losing month

U.S. stock indexes cratered on the final day of the third quarter as the Senate reached a deal to avoid a government shutdown and as House Democrats vote on the cornerstones of President Biden's economic agenda.