![Ford takes $1.7 billion profit hit from UAW strike](/i/c/396f4eb3-405c-f2ef-b4ed-0860e66f11c1.webp)
Ford takes $1.7 billion profit hit from UAW strike
(Reuters) -Ford Motor on Thursday said the U.S. auto workers' strike has led to a $1.7 billion hit to its
2023-11-30 20:16
![GM to buy back $10 billion in shares, cut Cruise spending](/i/c/f4c90041-7de9-73ac-d3db-fce15575c0a8.webp)
GM to buy back $10 billion in shares, cut Cruise spending
By David Shepardson General Motors said on Wednesday it will buy back $10 billion in shares and boost
2023-11-29 19:52
![Micron expects first-quarter gross margin to approach breakeven](/i/c/30b93797-5377-5a1b-b041-ca3e74519c8f.webp)
Micron expects first-quarter gross margin to approach breakeven
(Reuters) -Memory chipmaker Micron Technology said on Tuesday it expects its first-quarter adjusted gross margin to approach breakeven due to
2023-11-28 22:19
![Factbox-Global economy to slow down but likely avoid recession in 2024](/i/c/595f806d-2580-6602-d4c8-0c87eacc7fa7.webp)
Factbox-Global economy to slow down but likely avoid recession in 2024
Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed
2023-11-16 19:15
![Ukraine GDP to rebound in 2023, inflation to fall - EU Commission](/i/c/3b9d3100-83ec-6fdb-2d86-6cd98eda60d1.webp)
Ukraine GDP to rebound in 2023, inflation to fall - EU Commission
BRUSSELS Ukraine's economic growth will rebound this year and next after a plunge in 2022 caused by the
2023-11-15 18:28
![No big boost expected in luxury spending during holiday season - Bain](/i/c/9e993981-e9b3-93ab-f03f-c5e82753cebb.webp)
No big boost expected in luxury spending during holiday season - Bain
PARIS Global sales of luxury goods will likely not grow significantly in the fourth quarter, with tourist flows
2023-11-14 19:27
![Bank of Canada cut 2023 growth forecast, sees persistently high inflation](/i/c/81b7c613-b1af-59f2-1787-4e031a537a1e.webp)
Bank of Canada cut 2023 growth forecast, sees persistently high inflation
OTTAWA, Oct 25 The Bank of Canada on Wednesday cut its 2023 growth forecast to 1.2% from the
2023-10-25 22:25
![Goldman Sachs lifts Europe Inc's 2023 profit growth forecast to 3%](/i/c/fe4f2bf1-c936-955f-3a33-95715f46b247.webp)
Goldman Sachs lifts Europe Inc's 2023 profit growth forecast to 3%
Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow
2023-10-17 17:52
![As the holidays approach, shoppers are in a mood to spend -- on their homes and themselves](/i/c/67c57309-fe8a-1e37-995f-bb945a03a0e3.webp)
As the holidays approach, shoppers are in a mood to spend -- on their homes and themselves
Spending on the holiday season is expected to rebound to -- and even surpass -- pre-pandemic levels this year for the first time. But, surprisingly, it's not gifts that consumers will be splurging on the most in the runup to Christmas, according to a new report Tuesday from Deloitte.
2023-10-17 12:18
![Ericsson announces $2.9 billion impairment charge in Q3](/i/c/6cfae63a-f025-9047-e04d-8725ed04be7b.webp)
Ericsson announces $2.9 billion impairment charge in Q3
STOCKHOLM (Reuters) -Telecom gear maker Ericsson said on Wednesday that it will book a non-cash impairment charge of 32 billion
2023-10-12 02:25
![U.S. online sales to grow 4.8% in crucial holiday season -report](/i/c/e45622e5-9b5d-b58a-ac26-a29412f5d51a.webp)
U.S. online sales to grow 4.8% in crucial holiday season -report
Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as
2023-10-05 20:25
![Fed policymakers see 5.1% policy rate at end of 2024](/i/c/68989fc9-7e17-8b82-c92c-c754f868cc14.webp)
Fed policymakers see 5.1% policy rate at end of 2024
WASHINGTON U.S. central bankers expect that after a final interest-rate hike this year, to 5.6%, they will end
2023-09-21 02:22