DHL Owner Net Profit Falls on Costs

Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.

Topics

The Cost of Gold Rattles the Jewelry World

Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.
The New York Times - 43m
Ex-paddleboard firm owner in court after deaths

Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.
BBC News - 7h
World Bank Warns of Record Debt Costs for Developing Countries

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.
The New York Times - 3h
Nigeria’s radical idea for car owners facing soaring petrol prices

The government is encouraging citizens to convert their vehicles to run on compressed natural gas
Financial Times - 5h
Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.

Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration ...
MarketWatch - 16h
Hedge funds profit from ‘Trump trades’ around US election

Element Capital and Graham Capital among macro managers that did well out of recent market swings
Financial Times - 13h
Will credit card interest rates fall this December?

Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.
CBS News - 23h
Gold prices are supposed to fall by this measure — but there’s ‘no guarantee’

A “revival” in Chinese demand for gold and central-bank purchases are likely to lead gold prices a bit higher next year despite expectations for a stronger dollar and rise in Treasury yields, ...
MarketWatch - 22h
South Korean parliament votes to block martial law

Markets fall as lawmakers and the head of state wrestle for control
Financial Times - 2m
What makes the US truly exceptional

Are American pathologies the necessary price of economic dynamism?
Financial Times - 50m