Latest in China woes weigh on profits at Toyota, Honda and BMW
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Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Business - The New York Times - 6 days ago -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - 6 days ago -
Samsung Sees Progress in Memory Chips for AI After Delays
The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.Tech - The Wall Street Journal - 6 days ago -
Aker Solutions Upbeat Despite Profit Miss
Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.Business - The Wall Street Journal - 6 days ago -
BNP profits rise driven by global markets business
Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income tradingBusiness - Financial Times - 6 days ago -
TotalEnergies Profit Falls as Downstream Margins Bite
TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.Business - The Wall Street Journal - 6 days ago -
Maersk Profit Rises as Red Sea Disruptions Continue
Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher.Business - The Wall Street Journal - 6 days ago -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - 6 days ago -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - 5 days ago -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - 2 days ago -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - Yesterday -
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.Business - The Wall Street Journal - Yesterday -
Primark owner profits jump despite summer washout
It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.Top stories - BBC News - Yesterday -
China’s economic ills are serious but not incurable
Unfortunately, policymakers have made things worse by resorting to temporary palliativesBusiness - Financial Times - October 15 -
China’s investors are counting on fiscal stimulus
Recent market rally will peter out without decisive policy action to boost the economyWorld - Financial Times - October 16 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
China asks: what is an e-bike?
State bureaucracy makes the question more difficult than it may seemWorld - Financial Times - October 22 -
Xi tightens stranglehold on China’s academia
Scholars fired or disappeared as Beijing clamps down on discussion of sensitive topics including economyWorld - Financial Times - October 23 -
Why It’s Getting Harder to Fly to China
European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.Business - The New York Times - October 25 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - 5 days ago -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - 5 days ago -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
NFL legend Jerry Rice weighs in on Steelers QB battle, facing Deion Sanders, favorite WR in game today, more
The greatest receiver of all time discusses a number of topics with CBS SportsSports - CBS Sports - October 16 -
Is Giants rookie RB Tyrone Tracy the next Tiki Barber? NFL on CBS analyst weighs in on comparison
Tracy has some resemblance to BarberSports - CBS Sports - October 19 -
Supreme Court to consider which courts can weigh challenges to some EPA actions
The Supreme Court will take up a series of cases to determine which federal courts can take on cases related to certain Environmental Protection Agency (EPA) actions, it said Monday. The cases ...Politics - The Hill - October 21 -
Georgia Supreme Court halts reinstatement of new election rules while weighing appeal
Georgia's top court on Tuesday declined to let several controversial election rules go into effect while it weighs an appeal by national Republicans. The rules were passed in recent months by the ...Politics - The Hill - October 22