Ford to lay off workers as it focuses on electric vehicles
As Ford shifts to producing more electric vehicles, it expects to lay off a number of employees, mostly engineers, in North America over the coming days. The company would not confirm any specific number of employees involved.
2023-06-28 03:47
Ford to cut jobs in US, Canada
(Reuters) -Ford Motor Co said on Tuesday it will begin layoffs this week, impacting mostly engineering jobs in the U.S.
2023-06-27 21:17
UK to work more closely with EU on financial services
The UK and EU pact is being seen as a step towards better relations over financial services.
2023-06-27 19:26
Dollar holds firm ahead of U.S. durable goods, housing data
By Rocky Swift TOKYO The U.S. dollar held its ground against major currencies on Tuesday as tension in
2023-06-27 09:49
Investors overly optimistic on speed, cost of taming inflation, says IMF
SINTRA, Portugal The world’s top central banks may need longer to get inflation back down to target and
2023-06-27 03:18
Siemens Energy share sell-off deepens, takes market value loss to $8 billion
By Christoph Steitz FRANKFURT (Reuters) -Siemens Energy shares fell for a second consecutive session on Monday, hit by a raft
2023-06-26 21:21
Dollar steady as investors ponder over global rates, economic outlook
By Rae Wee SINGAPORE The dollar held near a one-week high against its major peers on Monday as
2023-06-26 09:18
US opens probe into Ford Explorer recalls over power loss reports
WASHINGTON U.S. auto safety regulators said on Saturday they are investigating Ford Motor's prior recalls of 710,000 Explorer
2023-06-24 22:26
Auto union harshly criticizes U.S.-Ford joint venture battery loan
By David Shepardson WASHINGTON (Reuters) -United Auto Workers (UAW) union President Shawn Fain on Friday harshly criticized the U.S. Energy
2023-06-24 00:48
Global hack blamed on Russian cybercriminals affects insurance giant and California pension fund
The fallout from a global hacking incident tied to Russian cybercriminals widened on Thursday as US insurance provider Genworth Financial revealed that 2.5 million of its policyholders and customers had their data accessed in the hack, while California's public pension fund said 769,000 of its members were affected.
2023-06-23 21:51
Exclusive-Newmont declares force majeure on zinc deliveries from Mexico's Peñasquito
LONDON Newmont has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico,
2023-06-23 16:58
Dollar rises as hawkish central banks dent risk sentiment, sterling slips
By Rae Wee SINGAPORE The dollar drew support from a bout of risk aversion on Friday as hawkish
2023-06-23 09:58