Ford Misses on Profit, Pulls 2023 Outlook After Strike Deal
Ford Motor Co. said it fell short of third-quarter earnings expectations, citing higher costs and lower quality, a
2023-10-27 07:45
Ford, UAW Reach Tentative Deal to End Autoworker Strike
The United Auto Workers reached a tentative labor agreement with Ford Motor Co., putting pressure on the carmaker’s
2023-10-26 09:24
UniCredit Says It Won’t Pay Bank Tax, Lifts Revenue Goals Again
UniCredit SpA said it will use a get-out clause to avoid paying the Italian government’s bank windfall tax,
2023-10-24 14:24
Detroit and Korea’s $28 Billion Battery Bets Risk Going Sideways
Weeks of tense bargaining around Detroit are making battery manufacturers some 6,600 miles (10,600 kilometers) away nervous. LG
2023-10-24 12:56
UAW Strikes Stellantis’ Michigan Truck Plant; 6,800 Walk Out
United Auto Workers union members at Stellantis NV’s lucrative pickup truck plant in Sterling Heights, Michigan, walked off
2023-10-24 01:47
Japan’s Carmakers Take Stage to Show Their EV Ambitions Are Real
The pressure is on Japan’s carmakers at this week’s Japan Mobility Show to prove they’re serious not only
2023-10-23 07:28
Asia Stocks Set For Losses as US Volatility Rises: Markets Wrap
Asian stocks are set to fall in early trading as the rout in US stocks and Treasuries deepened
2023-10-23 07:20
Asset Managers Are Updating Bond Models to Capture a New Risk
A growing number of asset managers is reassessing bond values tied to real assets, as a spike in
2023-10-22 21:18
Italy Audit Court Didn’t Block KKR-Telecom Italia Deal
Italy’s top audit court didn’t block a potential sale of Telecom Italia SpA’s phone network to KKR &
2023-10-22 00:53
Del Vecchios’ Firm Is Long-Term Mediobanca Investor
The Del Vecchio family’s investment company “has never been an activist” shareholder and has a long-term commitment as
2023-10-21 19:17
Italy Survives S&P Scrutiny Staying Two Steps Above Junk
Italy remains at two levels above junk at S&P Global Ratings after Giorgia Meloni’s government weathered the first
2023-10-21 15:26
Sunak’s AI Guest List Risks Falling Short as Leaders Hold Back
Prime Minister Rishi Sunak was hoping his AI summit next month would bring heads of the most powerful
2023-10-21 14:26