Month: November 2023
Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and negotiations with the United Auto Workers union. The guidance calls for $10 billion to $10.5 billion in adjusted earnings before interest and taxes, or EBIT, and adjusted free cash flow of […]
Read MoreSweden expects Turkey to approve its NATO membership ‘within weeks’
Turkish President Recep Tayyip Erdoğan (left) and Swedish Prime Minister Ulf Kristersson shake hands in entrance of NATO Secretary-Standard Jens Stoltenberg prior to their conference, on the eve of the NATO summit in Vilnius on July 10, 2023. Yves Herman | Afp | Getty Photos BRUSSELS — Sweden expects Turkey to approve its NATO membership […]
Read MoreUkraine war live updates: Baby among civilians injured in missile strikes on Ukraine; Russia causes a stir at security summit
Russia slams diplomatic flight refusal through Bulgarian airspace The Kremlin said Thursday that Bulgaria’s decision to refuse to allow Foreign Minister Sergei Lavrov’s plane to fly through its airspace was “stupid.” Lavrov’s plane was forced to take a longer route over Greece as he traveled to Skopje in North Macedonia for the latest meeting of […]
Read MoreEuro zone inflation sinks to 2.4%, underneath expectations
A normal view displays a weekend crowd of men and women checking out the Aachen Xmas current market in Aachen, Germany, on November 25, 2023. (Photograph by Ying Tang/NurPhoto by way of Getty Photos) Nurphoto | Nurphoto | Getty Pictures Yearly inflation in the euro zone cooled to 2.4% in November from 2.9% in Oct, […]
Read MoreIsrael and Hamas agree to previous-minute stop-fireplace extension of 24 hrs
A helicopter with Israeli hostages introduced before by Hamas lands at Sheba Professional medical Centre on the sixth day of the short-term truce just after Hamas blamed ‘technical issues’ on the hold off as loved ones and friends wait close by in the early morning hrs of November 30, 2023 in Ramat Gan, Israel. Alexi […]
Read MoreZepz, a $5 billion fintech unicorn, is laying off extra employees
Zepz, which owns the WorldRemit and Sendwave manufacturers, has a headcount of all over 1,600. Sopa Visuals | Lightrocket | Getty Photographs Zepz, the revenue transfer group that owns WorldRemit, produced a refreshing round of layoffs. The British fintech unicorn, which is backed by TCV, Accel, Leapfrog and other major undertaking funds money, explained to […]
Read MoreCNBC Each day Open up: The warmth is actually on COP28
An attendee checks a smartphone whilst going for walks previous Al Wasl dome in the Blue Zone forward of the COP28 local weather convention at Expo Metropolis in Dubai, United Arab Emirates, on Wednesday, Nov. 29, 2023. More than 70,000 politicians, diplomats, campaigners, financiers and small business leaders will fly to Dubai to talk about […]
Read MoreAustralia walks a limited rope on trade with China as safety concerns mount
Chinese President Xi Jinping meets with Australian Key Minister Anthony Albanese at the Excellent Hall of the Persons in Beijing, cash of China, Nov. 6, 2023. (Photo by Ding Haitao/Xinhua by using Getty Pictures) Xinhua News Agency | Xinhua Information Agency | Getty Images Australia’s connection with China continues to be fractious even as the […]
Read MoreInventory investing platform Robinhood to start in Uk immediately after two unsuccessful attempts
A woman’s silhouette retains a smartphone with the Robinhood Markets symbol in the background. Rafael Henrique | Sopa Photos | Lightrocket | Getty Visuals On-line investments app Robinhood said Thursday that it is established to start its system in the U.K. in early 2024, marking the firm’s third attempt at cracking global expansion. Functions include […]
Read More