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Vodacom Group Earnings Hit by Higher Costs
The mobile phone operator, majority-owned by Vodafone, reported a fall in net profit for the first half of the year as it booked a number of costs in its accounts.Business - The Wall Street Journal - 3 days ago -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Expect Higher Costs for Your Health Care Benefits Next Year
Employers are predicting an increase of as much as 9 percent, on average, but are generally avoiding passing along much of that to their employees, industry groups say.Business - The New York Times - November 1 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - 3 days ago -
Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.Business - CNBC - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Ferrari Defies Wider Auto Industry Malaise With Higher Sales, Earnings
Ferrari posted higher sales and earnings in the third quarter and said it was more confident that it would hit its annual guidance, racing ahead of other car makers that are grappling with ...Business - The Wall Street Journal - November 5 -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - 6 days ago -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - 5 days ago -
Chinese AI groups get creative to drive down cost of models
01.ai, Alibaba and ByteDance have cut ‘inference’ costs despite Washington curbs on accessing cutting-edge chipsWorld - Financial Times - October 19 -
Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment
Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by ToriesBusiness - Financial Times - October 24 -
Growth hit by freeze on tax thresholds, says BoE official
‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extensionBusiness - Financial Times - October 24 -
Trump and Harris would add trillions to the national debt. Here’s why it could lead to higher costs for households.
The combined cost in new debt of former President Donald Trump’s and Vice President Kamala Harris’s tax and spending proposals would dwarf those put forward in previous election cycles, according ...Business - MarketWatch - October 18 -
China must face ‘higher cost’ for backing Russia in Ukraine, says next EU foreign policy chief
Kaja Kallas says Ukraine’s victory in war is ‘a priority for us all’, adding that it is also in the US interest. China should face “a higher cost” for supporting Russia in the war against Ukraine, ...World - The Guardian - 2 days ago -
Mike Williams trade grades: Jets earn higher mark than Steelers after sending veteran WR to Pittsburgh
Let's grade the dealSports - CBS Sports - November 5 -
Biden highlights drug cost savings, hits Trump on 'concepts' of ObamaCare plan
President Biden on Tuesday highlighted his administration’s efforts to lower prescription drug costs as he seeks to cement his legacy in his final months in office. At an event in New Hampshire ...Politics - The Hill - October 22 -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - October 30 -
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 - October 31 -
HCA Healthcare’s stock slides 9% after earnings are weighed down by Hurricane Helene
HCA is expecting Hurricane Helene’s impact on facilities in North Carolina and Hurricane Milton’s impact on facilities in Florida in October to shave 60 cents to 90 cents off fourth-quarter EPS.Business - MarketWatch - October 25 -
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on ...Business - MarketWatch - October 26 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
Blasts heard across Beirut after Israel warns it will hit Hezbollah-linked finance group
Hundreds evacuate after Israeli military says it will strike areas linked to Al-Qard Al-Hassan association, a US-sanctioned banking system. See all our Middle East coverage Hundreds of Beirut ...World - The Guardian - October 21 -
Germany’s chip ambitions hit after US tech group shelves plant plans
Chancellor Olaf Scholz’s industrial policy comes under attack following decision by WolfspeedWorld - Financial Times - October 23 -
First-time home buyers’ share of home sales hits 43-year low, real-estate group says
It has never been this challenging to be a first-time home buyer.Business - MarketWatch - November 5 -
Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan
A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.Business - Inc. - November 5 -
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Italy's plan to screen migrants in Albania hits another snag with 2nd group returning to Italy
Italian Premier Giorgia Meloni’s program to screen asylum seekers outside of the European Union borders in Albania has hit another snagWorld - ABC News - 2 days ago -
Middle East crisis live: US wants Gaza fighting pause, Blinken says, but will not limit arms transfers despite Israel missing aid deadline
Humanitarian groups say almost none of the US’s demands that Israel improve conditions in Gaza have been met. The US wants real and extended pauses in fighting in Gaza so assistance can get to ...World - The Guardian - 23 hours ago -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - October 30 -
Brandon Ingram hits game-winner to earn Pelicans 105-103 come-from-behind win over Trail Blazers
Brandon Ingram hit a jumper with 4.9 seconds left and the New Orleans Pelicans rallied from behind to beat the Portland Trail Blazers 105-103Sports - ABC News - October 26 -
AMD and Alphabet hit earnings targets this week — now Apple, Amazon, Microsoft and Intel get their shot
The stock market is giving Big Tech tougher demands for its continued support.Business - MarketWatch - October 30 -
UK will allay Trump concerns over Chagos Islands, says minister, as Priti Patel says Tories opposed to deal– as it happened
Stephen Doughty, foreign office minister, says if UK had not negotiated a deal with Mauritius, ‘a legally binding decision against UK seemed inevitable’. Wes Streeting has now delivered his ...World - The Guardian - 22 hours ago -
Roche Increases Dividend on Higher Sales
Roche said it would increase its dividend after its hemophilia injection Hemlibra and multiple sclerosis treatment Ocrevus lifted sales in the first nine months of the year.Business - The Wall Street Journal - October 23 -
10-year Treasury yield ends at three-month high on expectations for potential sweep by Republicans
Yields on U.S. government debt finished at their highest levels since July and August on Monday, as traders looked ahead toward a week of data on economic growth, inflation and the labor market.Business - MarketWatch - October 28 -
Higher for longer no matter who’s in charge
The reasons we aren’t going back to a cheap money environment are structuralWorld - Financial Times - November 4 -
The Gift of Group Intelligence
Three reasons to embrace lessons from The Hive Mind at Work.Business - Inc. - October 31
