Electric vehicle maker Polestar lowers production guidance, cuts jobs
STOCKHOLM Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and
2023-05-11 19:56
Japan's Honda records lower profit, projects recovery ahead on sales rebound
Honda’s profit for the fiscal year that ended in March has dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic
2023-05-11 19:56
Prada's sales up 22% in the first quarter on robust growth in Asia, Europe
MILAN Sales at Italian luxury group Prada rose 22% in the first quarter, to 1.065 billion euros ($1.17
2023-05-11 19:56
BoE's Bailey: We have to stay the course to get inflation down
LONDON The Bank of England must stay the course to ensure the level of inflation falls back to
2023-05-11 19:52
UK sending Ukraine long-range cruise missiles
British Defense Secretary Ben Wallace says the U.K. is sending Ukraine long-range cruise missiles to help push back Russian forces
2023-05-11 19:52
PacWest Deposits Dropped 9.5% After Report of Investor Talks
PacWest Bancorp said deposits fell 9.5% last week after a news report that the lender was in talks
2023-05-11 19:48
BlackRock Overhauls Leadership of Credit, Private Asset Business
BlackRock Inc. is shaking up its alternatives business, with roughly $300 billion of assets, as the firm seeks
2023-05-11 19:25
Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
2023-05-11 19:21
NMG Releases 2022 ESG Report, Presents Operational Update, and Provides Notice of its Annual General and Special Meeting of Shareholders
MONTRÉAL--(BUSINESS WIRE)--May 11, 2023--
2023-05-11 19:17
Tapestry raises annual profit forecast on higher prices, strong demand
Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases and strong demand for its
2023-05-11 18:58
Tapestry, Inc. Delivers Strong Third Quarter Results and Raises Fiscal 2023 Outlook
NEW YORK--(BUSINESS WIRE)--May 11, 2023--
2023-05-11 18:51
Slump in China bank loans raises more worries about recovery, adds pressure on central bank
By Qiaoyi Li and Kevin Yao BEIJING New Chinese bank loans tumbled far more sharply than expected in
2023-05-11 18:46