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VW executives defend deep cuts: 'We cannot continue as before'

World - Yahoo News - October 28
Volkswagen to cut Germany footprint amid broader industry struggles

World - Yahoo News - October 28
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 - October 28
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 - October 28
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 - October 29
Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects
Business - Financial Times - October 29
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. - October 29
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. - October 29
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 next
Business - Financial Times - October 30
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 - October 30
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. - October 30
South Africa cuts growth target as economic reality bites

Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors
Business - Financial Times - October 30

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