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Ford pausing work on $3.5 billion Michigan electric vehicle battery plant
Ford pausing work on $3.5 billion Michigan electric vehicle battery plant
Ford is pausing work on a new, $3.5 billion electric vehicle battery plant in Michigan, even as the transition to electric vehicles has become a major sticking point in a United Auto Workers strike against automakers Ford, GM and Stellantis.
2023-09-26 06:18
Emirates NBD Beats Estimates as Margins, Deposits Boost Profit
Emirates NBD Beats Estimates as Margins, Deposits Boost Profit
Emirates NBD PJSC’s net income for the second quarter beat estimates as higher margins, an improved deposit mix
2023-07-27 13:54
Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
Americans are 'unwittingly funding' blacklisted Chinese companies, Congressional panel says
A Congressional select committee is investigating BlackRock, the world's largest asset manager, and MSCI, one of the biggest providers of index funds, to determine whether they are investing Americans' savings in Chinese companies blacklisted by the US government for security and human rights issues.
2023-08-02 05:27
Key US Inflation, Wage Measures Cool in Boost for Soft Landing
Key US Inflation, Wage Measures Cool in Boost for Soft Landing
Key measures of US inflation and labor costs cooled significantly in recent months, adding to growing optimism that
2023-07-28 22:15
World Scout Jamboree Sees Early Pullouts Amid Deadly Korean Heat
World Scout Jamboree Sees Early Pullouts Amid Deadly Korean Heat
The US, the UK and Singapore pulled out of a youth scout gathering in South Korea where hundreds
2023-08-05 16:20
Credit Suisse SPAC Head Stabinsky Leaves for Santander
Credit Suisse SPAC Head Stabinsky Leaves for Santander
Credit Suisse Group AG’s departures continue with its head of blank-check companies leaving after the fortunes of both
2023-06-02 03:52
Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue
Goldman Sachs to cut more jobs, eyes sharp fall in markets revenue
By Saeed Azhar and Niket Nishant NEW YORK Goldman Sachs Group Inc plans more job cuts as the
2023-06-02 02:21
Thames Water Bonds Edge Higher on Bets Selloff Overdone
Thames Water Bonds Edge Higher on Bets Selloff Overdone
The bonds of the UK’s biggest water provider climbed on Monday as investors bet a selloff driven by
2023-07-03 20:22
Asian shares hesitant after Wall Street sell-off, dollar buoyant
Asian shares hesitant after Wall Street sell-off, dollar buoyant
By Stella Qiu SYDNEY Asian shares were subdued on Thursday after Fitch downgraded U.S. sovereign debt sparking profit-taking,
2023-08-03 10:49
More cash, fewer bonds: How corporate America can prepare for a US default
More cash, fewer bonds: How corporate America can prepare for a US default
The White House and congressional Republicans have yet to reach a debt ceiling deal, and a US default looms. Business owners, and the rest of the country, are in wait-and-see mode, bracing for possible recession and job losses should a default happen.
2023-05-23 01:29
US factory booms strengthen MUFG's dominance in project finance - senior exec
US factory booms strengthen MUFG's dominance in project finance - senior exec
By Makiko Yamazaki and Ritsuko Shimizu TOKYO A U.S. factory construction boom driven by tax credits in the
2023-09-13 17:23
California law would make tech giants pay for news
California law would make tech giants pay for news
A proposed law requiring internet giants to pay for news stories moved forward in California on Friday, despite Facebook owner Meta threatening to pull news...
2023-06-03 03:45