GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend
1970-01-01 08:00
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
1970-01-01 08:00
GameStop shares climb on strong volume
Shares of retail traders' darling GameStop jumped 12.5% in strong premarket trading volume on Wednesday, looking to build
1970-01-01 08:00
GM to Hike Dividend, Buy Back $10 Billion of Stock to Stem Slump
General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in
1970-01-01 08:00
Putin’s Daughter Pursues Digital Plan in Push to Embrace Africa
Russia is stepping up its pursuit of closer ties with Africa by offering digital expertise in a strategy
1970-01-01 08:00
Futures rise on growing bets of rate cuts next year
U.S. stock index futures rose on Wednesday as investors remained optimistic about an interest rate cut from the
1970-01-01 08:00
Adobe to defend Figma deal at Dec. 8 EU hearing, sources say
By Foo Yun Chee BRUSSELS Adobe will aim to counter EU antitrust charges that its proposed $20 billion
1970-01-01 08:00
Walmart shifts to India from China for cheaper imports
By Richa Naidu and Siddharth Cavale LONDON/NEW YORK Walmart is importing more goods to the United States from
1970-01-01 08:00
Dubai Firm’s Africa Ambitions Raises Carbon Colonialism Concerns
COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right
1970-01-01 08:00
Germany faces 'high double-digit billion' gap in 2024 budget -SPD politician
BERLIN The German government must fill a "high double-digit billion" gap in the 2024 budget after a court
1970-01-01 08:00
Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deal, a day before the summit was due to being
1970-01-01 08:00
US Supreme Court weighs legality of SEC in-house enforcement
By Andrew Chung and John Kruzel WASHINGTON The U.S. Supreme Court is poised on Wednesday to consider the
1970-01-01 08:00