Funding Cut King - QuikReader

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 - 4 days ago

Bill Gates criticises Budget cut to overseas aid

Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.

Stellantis Says Moving Quickly to Cut U.S. Inventories

Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...

Business - The Wall Street Journal - 4 days ago

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - 4 days ago

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - 4 days ago

Brewers Struggle as Drinkers Cut Back on Beer Worldwide

Consumers around the world are drinking less beer, putting brewers in a bind.

Business - Inc. - 3 days ago

Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’

New assessment finds as many as 8,000 soldiers have been deployed to Russia’s Kursk region

Business - Financial Times - 3 days ago

Adani begins to cut off power supplies to Bangladesh

Indian conglomerate threatens to halt flows from coal-fired plant over debt dispute

Business - Financial Times - Yesterday

Ryanair profit drops as airline cuts passenger forecast

European low-cost carrier blames pressure on consumers for fall in fares

Business - Financial Times - 10 hours ago

Which gold investment is best when rates are cut?

Some gold assets are better than others when interest rates are dropping, experts say.

South Carolina women clear-cut betting favorites

South Carolina was viewed as a second-tier contender, not one of the clear favorites, entering last season. Oddsmakers aren't doubting the Gamecocks this season, though.

Sports - ESPN - 2 hours ago

Frost says Congress should return "as soon as possible" to replenish disaster funds

Congress is not set to return from recess until Nov. 12, after Election Day.

Corporate debts mount as credit funds let borrowers defer payments

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Business - Financial Times - October 14

Biggest US public pension fund Calpers invests in UK’s Octopus Energy

California retirement fund among investors drawn to power company for its software and green focus

Business - Financial Times - October 14

Trend-tracking funds have now turned positive, Goldman Sachs says

Commodity-trading-advisor funds are up 1.4% in the year-to-date, following a tough start to the year.

Business - MarketWatch - October 14

Banks and fund managers call on EU to commit to shorter settlement plan

Industry lobby groups urge Brussels to set timetable for modernisation of securities market

Business - Financial Times - October 14

China's premier inaugurates a Beijing-funded airport at the start of a Pakistan trip

China’s Premier Li Qiang has inaugurated a Beijing-funded airport built in restive southwestern Pakistan as he arrived for a regional security meeting in the capital, Islamabad

World - ABC News - October 14