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
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
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
Italy Trims Bank Windfall Tax After $10 Billion Value Wiped Out
The Italian government backtracked on part of its new windfall tax on banks, saying it would introduce a
2023-08-09 15:59
Europe Cuts Back on Firefighters Even as Blazes Ravage Continent
Most countries in Europe are paring their army of firefighters even as the continent battles increasingly intense heat
2023-08-09 15:58
UK’s Voter Register Was Hacked. No One Noticed for 15 Months
Hackers were able to access UK voter registers undetected for 15 months, the Electoral Commission said, raising questions
2023-08-09 15:46
Deflation: Why falling prices in China raise concerns
The world's second largest economy has slipped into deflation for the first time in more than two years.
2023-08-09 15:29
European Stocks Jump as Banks Rebound After Italy-Fueled Rout
European stocks bounced, led by a jump in Italian banks, as investors weighed a clarification from Italy about
2023-08-09 15:26
Stuffed Russian Grain Ports Show Risk of Black Sea Escalation
Russian grain ports are overflowing after two big harvests. That means any military escalation in the crucial Black
2023-08-09 15:23
Flutter’s US Unit FanDuel Turns Profit Ahead of New York Listing
Flutter Entertainment Plc turned a profit in its US business FanDuel in the first half of the year,
2023-08-09 14:57