Plunge China - QuikReader

China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

Business - Financial Times - 4 days ago

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - Yesterday

Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...

Business - The Wall Street Journal - 6 days ago

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

Business - CNBC - 3 days ago

Estée Lauder shares plunge as China sales slump prompts dividend cut

Beauty group’s stock drops 25% after guidance withdrawn for rest of year

Business - Financial Times - 10 hours ago

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - 3 days ago

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Cuba plunged into crisis by prolonged power blackouts

President warns against ‘vandalism’ after fuel shortages exacerbate economic struggles

Business - Financial Times - October 21

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

Japan’s PM vows to stay on after election debacle

Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysis

Business - Financial Times - 3 days ago

Wise chief executive fined £350,000 over ‘tax issues’

UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job

Business - Financial Times - 3 days ago

From intern to CEO: does it pay to be a company lifer?

Executives who spend their career at one place can boost morale and loyalty but risk stifling innovation

Business - Financial Times - 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 - Yesterday

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.

Business - CNBC - October 15

Eric Adams’s Campaign Donations Plunge After Federal Indictment

Donations to the New York City mayor’s re-election campaign ceased after a five-count federal corruption indictment against him was unsealed last month.

Top stories - The New York Times - October 15

Trump Media's stock is halted after sudden plunge in DJT shares

Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.

What to know about the electrical grid failure that plunged Cuba into darkness

A few things to know after millions of people in Cuba were left without electricity for two days when the nation's electrical grid collapsed

World - ABC News - October 20

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance

World - Financial Times - October 23

Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

Kentucky state Sen. Johnnie Turner has died weeks after being injured when the lawn mower he was riding plunged into an empty swimming pool at his home

Lawmaker dies after plunging into swimming pool on lawn mower

Kentucky state Sen. Johnnie Turner was known for his staunch support for the coal industry and other causes in his Appalachian district.

Kentucky lawmaker dies after lawnmower plunges into swimming pool

Kentucky state Sen. Johnnie Turner (R) died Tuesday from injuries he suffered after being thrown into an empty swimming pool while riding his lawnmower just over a month ago. Turner, 76, formerly ...

Politics - The Hill - October 24

Chapel Down shares plunge after winemaker pulls back on sale plans

England’s largest producer says it will remain independent and also downgrades sales guidance

World - Financial Times - 6 days ago

Japan plunged into political turmoil after voters punish ruling LDP

Coalition led by Prime Minister Shigeru Ishiba’s Liberal Democratic party loses parliamentary majority

Business - Financial Times - 3 days ago

Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans

German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.

Business - CNBC - Yesterday

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.

Business - MarketWatch - Yesterday

What the Budget means for your money

Key measures on tax, investments, pensions and property

Business - Financial Times - Yesterday

The Budget in brief: what you need to know

A quick guide to the UK chancellor’s main policy announcements and official economic forecasts

Business - Financial Times - Yesterday

Super Micro Computer shares drop by one-third after EY resigns as auditor

Server maker said in August it would delay the release of its fiscal year 2024 results

Business - Financial Times - Yesterday

Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

Shares of Super Micro Computer have plunged more than 33% after the server maker disclosed that Ernst & Young had resigned as its public accounting firm

Tech - ABC News - Yesterday

EstéeLauder Shares Plunge Nearly 20% After It Slashes Dividend

The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.

Business - The Wall Street Journal - 9 hours ago

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.

A Japanese boy was killed in China. Was cyber-nationalism to blame?

The Chinese government has been accused of using online nationalism as a useful safety valve.

China is turning Japanese

At least that’s what the bond market is whispering

World - Financial Times - October 17

Novavax says FDA put hold on combination Covid-flu shot and influenza vaccine; shares plunge

The so-called clinical hold is due to a single report of nerve damage in a patient who received the combination shot in a phase two trial.

Business - CNBC - October 16

CVS Health CEO Karen Lynch steps down after 19% stock plunge

CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.

Latest in Plunge China

China’s industrial profits plunge as economic momentum falters

Volkswagen profit plunges 64% as China sales slide

Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

China's industrial profits plunge at fastest pace since the pandemic

Estée Lauder shares plunge as China sales slump prompts dividend cut

ASML share plunge wipes over $50 billion off Dutch chip giant's value

FirstFT: Japan plunges into political chaos

Mortgage rates surge, putting a damper on home buying and refinancing

Cuba plunged into crisis by prolonged power blackouts

Kering warns on profit as Gucci sales plunge

Japan’s PM vows to stay on after election debacle

Wise chief executive fined £350,000 over ‘tax issues’

From intern to CEO: does it pay to be a company lifer?

Volkswagen in Drive to Cut Costs as Earnings Plunge

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

Eric Adams’s Campaign Donations Plunge After Federal Indictment

Trump Media's stock is halted after sudden plunge in DJT shares

What to know about the electrical grid failure that plunged Cuba into darkness

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

Lawmaker dies after plunging into swimming pool on lawn mower

Kentucky lawmaker dies after lawnmower plunges into swimming pool

Chapel Down shares plunge after winemaker pulls back on sale plans

Japan plunged into political turmoil after voters punish ruling LDP

Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans

Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?

What the Budget means for your money

The Budget in brief: what you need to know

Super Micro Computer shares drop by one-third after EY resigns as auditor

Super Micro Computer's shares plunge 33% after server maker's accounting firm quits

EstéeLauder Shares Plunge Nearly 20% After It Slashes Dividend

Trump's wealth slumps by $1.9 billion amid DJT stock plunge

A Japanese boy was killed in China. Was cyber-nationalism to blame?

China is turning Japanese

Novavax says FDA put hold on combination Covid-flu shot and influenza vaccine; shares plunge

CVS Health CEO Karen Lynch steps down after 19% stock plunge

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