Ford takes $1.7 billion profit hit from UAW strike
(Reuters) -Ford Motor on Thursday said the U.S. auto workers' strike has led to a $1.7 billion hit to its
2023-11-30 20:16
GM to buy back $10 billion in shares, cut Cruise spending
By David Shepardson General Motors said on Wednesday it will buy back $10 billion in shares and boost
2023-11-29 19:52
Micron expects first-quarter gross margin to approach breakeven
(Reuters) -Memory chipmaker Micron Technology said on Tuesday it expects its first-quarter adjusted gross margin to approach breakeven due to
2023-11-28 22:19
Factbox-Global economy to slow down but likely avoid recession in 2024
Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed
2023-11-16 19:15
Ukraine GDP to rebound in 2023, inflation to fall - EU Commission
BRUSSELS Ukraine's economic growth will rebound this year and next after a plunge in 2022 caused by the
2023-11-15 18:28
No big boost expected in luxury spending during holiday season - Bain
PARIS Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows
2023-11-14 19:27
Bank of Canada cut 2023 growth forecast, sees persistently high inflation
OTTAWA, Oct 25 The Bank of Canada on Wednesday cut its 2023 growth forecast to 1.2% from the
2023-10-25 22:25
Goldman Sachs lifts Europe Inc's 2023 profit growth forecast to 3%
Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow
2023-10-17 17:52
As the holidays approach, shoppers are in a mood to spend -- on their homes and themselves
Spending on the holiday season is expected to rebound to -- and even surpass -- pre-pandemic levels this year for the first time. But, surprisingly, it's not gifts that consumers will be splurging on the most in the runup to Christmas, according to a new report Tuesday from Deloitte.
2023-10-17 12:18
Ericsson announces $2.9 billion impairment charge in Q3
STOCKHOLM (Reuters) -Telecom gear maker Ericsson said on Wednesday that it will book a non-cash impairment charge of 32 billion
2023-10-12 02:25
U.S. online sales to grow 4.8% in crucial holiday season -report
Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as
2023-10-05 20:25
Fed policymakers see 5.1% policy rate at end of 2024
WASHINGTON U.S. central bankers expect that after a final interest-rate hike this year, to 5.6%, they will end
2023-09-21 02:22