Ariel Investments Head of Investments and Global Equities Micky Jagirdar joins Yahoo Finance Live to discuss the state of the market, rising energy costs, recessionary risks, inflation, investor sentiment, and the outlook for risk assets.
(Reuters) -French tyre maker Michelin on Tuesday posted half-year sales up 18.7%, but said the suspension of its operations in Russia hit net profit. The first Western tyre maker to enter Russia in 2004, Michelin decided to hand over its activities there to a new entity under local management by the end of the year, after it said it became impossible to resume output amid growing supply chain problems resulting from Russia's invasion of Ukraine. The company, which makes tyres used in cars, aircraft, bicycles and industrial equipment, saw its sales increase to 13.29 billion euros in the six months to June, which it attributed to its premium positioning.
SAN FRANCISCO, July 19, 2022--Volta Inc. (NYSE: VLTA), an industry-leading electric vehicle ("EV") charging network powering vehicles and commerce, partnered with Michelin North America, Inc. (OTCMKTS: MGDDY) to bring the mobility brand’s "Motion For Life" campaign to millions of EV drivers and consumers in the U.S. The campaign showcased Michelin’s innovative tires designed to maximize EV performance, making Volta—both an EV charging and media network—the ideal platform to meaningfully reach au