Press Cut - 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 - October 30

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 - October 31

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 - October 31

Smith & Nephew cuts outlook on China weakness

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

World - Financial Times - October 31

Brewers Struggle as Drinkers Cut Back on Beer Worldwide

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

Business - Inc. - October 31

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 - October 31

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 - November 3

Ryanair profit drops as airline cuts passenger forecast

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

Business - Financial Times - November 4

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 - November 4

Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Business - The Wall Street Journal - November 6

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - November 6

Interest rates cut but Bank hints fewer falls to come

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

Bangladesh staves off more Adani power cuts

Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity supplies

World - Financial Times - November 7

Bank of England cuts interest rates to 4.75%

Central bank signals further reduction is unlikely before next year as it raises post-Budget inflation forecast

World - Financial Times - November 7

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.

Business - The New York Times - November 7

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday.

Business - CNBC - November 7

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - November 7

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - November 7

U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - November 11

Seahawks shake-up: Leading tackler Dodson cut

The Seahawks waived starting inside linebacker Tyrel Dodson, who leads the team with 71 tackles, on Monday.

Sports - ESPN - 6 days ago

Astonish cut-price soaps clean up in supermarkets

A family manufacturer in Bradford has been propelled by the growth of discount retailers

Business - Financial Times - 6 days ago

Southwest Offers Buyouts and Blames Boeing for Job Cuts

The embattled carrier will lay off airport workers in several locations as it cuts flights due to a shortage for Boeing 737 aircraft.

Business - Inc. - 6 days ago

Immigration cuts: Why prime ministers keep failing to meet their targets

Promises on net migration have been made for 15 years - but few kept them

Advanced Micro Devices to Cut Global Headcount by 4%

The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

Tech - The Wall Street Journal - 5 days ago

Pharmacies vote to cut opening hours in funding protest

Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.

Job cuts 'inevitable' over £30m university deficit

Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.

Why mortgage costs are rising despite interest rate cut

Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.

SNP plans to cut staff at party headquarters

The SNP's ruling body has proposed cutting staff the number of staff at its headquarters from 26 to 16.

Usyk vs. Fury 2 press conference highlights: Oleksandr Usyk goes full Agent 47, Tyson Fury promises revenge

Oleksandr Usyk and Tyson Fury brought out all the theatrics for the Usyk vs. Fury 2 launch press conference ahead of their Dec. 21 rematch.

Sports - Yahoo Sports - October 23

Kamala Harris delivers ‘closing argument’ in Washington: ‘It is time for a new generation of leadership’ – live

Tens of thousands of Harris supporters gather as she condemns ‘petty tyrant’ on the grounds where Trump spoke the day of the Capitol riot. Don’t miss important US election coverage. Get our free ...

World - The Guardian - October 30

Latest in Press Cut

Volkswagen in Drive to Cut Costs as Earnings Plunge

Bill Gates criticises Budget cut to overseas aid

Stellantis Says Moving Quickly to Cut U.S. Inventories

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

Smith & Nephew cuts outlook on China weakness

Brewers Struggle as Drinkers Cut Back on Beer Worldwide

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

Adani begins to cut off power supplies to Bangladesh

Ryanair profit drops as airline cuts passenger forecast

Which gold investment is best when rates are cut?

South Carolina women clear-cut betting favorites

Honda Motor Cuts Forecasts for Car Sales, Profit

Trump’s victory means fewer Fed rate cuts

Interest rates cut but Bank hints fewer falls to come

Bangladesh staves off more Adani power cuts

Bank of England cuts interest rates to 4.75%

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

Federal Reserve cuts interest rates by a quarter point

Fed cuts interest rates days after election

Fed cuts interest rates as Powell says he will not resign as chair

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

U.K. government cuts NatWest stake by £1 billion

Seahawks shake-up: Leading tackler Dodson cut

Astonish cut-price soaps clean up in supermarkets

Southwest Offers Buyouts and Blames Boeing for Job Cuts

Immigration cuts: Why prime ministers keep failing to meet their targets

Advanced Micro Devices to Cut Global Headcount by 4%

Pharmacies vote to cut opening hours in funding protest

Job cuts 'inevitable' over £30m university deficit

Why mortgage costs are rising despite interest rate cut

SNP plans to cut staff at party headquarters

Usyk vs. Fury 2 press conference highlights: Oleksandr Usyk goes full Agent 47, Tyson Fury promises revenge

Kamala Harris delivers ‘closing argument’ in Washington: ‘It is time for a new generation of leadership’ – live

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