Latest in Pitt Nil Cuts
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Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - 5 days ago -
Ecuador expands power cuts to 14 hours a day due to drought
Ecuador has announced an increase in daily power cuts as the severe drought impacting the nation keeps lowering the levels of water for the key hydroelectric plants, the source of more than 70% of ...World - ABC News - 5 days ago -
Trump cuts Harris lead to 3 points in New Hampshire: Poll
Former President Trump has cut Vice President Harris’s lead to just 3 percentage points in New Hampshire, according to a poll released Friday. The Emerson College Polling/WHDH survey found that 50 ...Politics - The Hill - 5 days ago -
UK needs big emissions cut, climate watchdog says
The government's advisers say faster action is needed but the UK has the tools to achieve this.Top stories - BBC News - 4 days ago -
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Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - 2 days ago -
Developers begin cutting trees in a Tokyo park that environmentalists want to protect
Tree-cutting has begun in the Jingu Gaien park district of central Tokyo, a flashpoint for more than a year between environmentalists and real estate interestsWorld - ABC News - 2 days ago -
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Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - 2 days ago -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - 2 days ago -
Israel Cuts Ties With U.N. Agency, Creating New Hurdles for Palestinian Aid
The new laws effectively ban Unrwa from operating in Israeli territory and will make it harder for the agency to lead the humanitarian response to the Gaza war.World - The Wall Street Journal - Yesterday -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - Yesterday -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - Yesterday -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - Yesterday -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - 9 hours ago -
Trump Media plummets 22%, cutting into DJT rally days before election
Republican presidential nominee Donald Trump owns nearly 57% of the company, which trades as DJT on the Nasdaq.Business - CNBC - 4 hours ago -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - 8 hours ago
