Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue
(Bloomberg Markets) -- On Brazil’s east coast, the vast parking lot off Avenida Henry Ford sits empty. Shift workers once
2023-08-09 17:22
China slips into deflation as consumer prices fall for the first time in more than two years
The Chinese economy has slipped into deflation, with consumer prices falling for the first time in more than two years in another sign of weakening demand.
2023-08-09 17:22
Bottler Coca-Cola HBC lifts sales outlook
By Radhika Anilkumar (Reuters) -Coca-Cola HBC lifted its annual revenue forecast on Wednesday as the bottler benefited from higher prices
2023-08-09 17:21
US reports big interest in $52 billion semiconductor chips funding
By David Shepardson WASHINGTON The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed
2023-08-09 17:16
Honda posts 78% rise in Q1 profit on U.S. sales jump
TOKYO (Reuters) -Japan's Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in
2023-08-09 16:58
Continental bets on higher pricing as tyre replacement flat
BERLIN (Reuters) -Continental lowered its tyre sales outlook on Wednesday but kept its margin outlook unchanged as higher pricing and
2023-08-09 16:57
UK Homebuilder Bellway to Cut Jobs as Pricey Mortgages Weigh
Bellway Plc is the latest UK housebuilder to say it plans to cut jobs as stubbornly high mortgage
2023-08-09 16:54
Sony Expects Smartphone Rebound Only in 2024 After China Fizzles
Sony Group Corp., the dominant supplier of camera sensors for smartphones, is pushing back expectations for a smartphone
2023-08-09 16:28
Fortum fights to sell seized Russian assets and get compensation
By Anne Kauranen HELSINKI Finnish utility Fortum still hopes to sell its Russian assets and get compensation for
2023-08-09 16:28
More Chinese graduates return to hometowns in depressed economy - state media
BEIJING Almost half of Chinese undergraduates returned to their hometowns last year within six months of graduation, state
2023-08-09 16:25
WeWork has 'substantial doubt' it will be able to stay in business
WeWork has released its second quarter earnings for this year. They are not great. The
2023-08-09 16:24
July Was the Hottest Month on Record
July was officially Earth’s hottest month on record, causing the Antarctic to shrink at a record pace and
2023-08-09 16:22
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