Ford again warns on EV results, withdraws 2023 forecast

DETROIT (Reuters) -Ford Motor on Thursday withdrew its full-year results forecast due to "uncertainty" over the pending ratification of its deal with the United Auto Workers (UAW) union, and warned of continued pressure on electric vehicles, sending shares of the company down more than 4% after-hours.

newspaper

26-10-2023

Ford withdraws 2023 forecast, warns on EV results

DETROIT (Reuters) -Ford Motor Co on Thursday withdrew its full-year results forecast due to the pending ratification of its deal with the United Auto Workers (UAW) union, and warned of higher losses on electric vehicles, sending shares of the company down nearly 5% after-hours.

newspaper

26-10-2023

Virgin Australia ground staff seek ballot for industrial action over payment dispute

(Reuters) -The Transport Workers' Union on Tuesday alleged that Virgin Australia was not honouring its payment commitments to ground and cabin crew and sought a ballot to take industrial action against the Bain Capital-owned airline.

newspaper

23-10-2023

Virgin Australia in talks with ground staff over payment dispute

(Reuters) -Virgin Australia said on Tuesday it was in talks with its ground staff for a new deal after a union alleged that the carrier was not honouring its payment commitments to ground and cabin crew.

newspaper

23-10-2023

Virgin Australia in talks with staff over payment dispute

IPO-bound Virgin Australia said on Tuesday that it is in talks with its ground staff for a new enterprise deal after the Transport Workers' Union alleged that the carrier was not honouring its payment commitments to ground and cabin crew.

newspaper

23-10-2023

Mexico inflation likely ticked down in first half of October: Reuters poll

Mexico's inflation likely eased in the first half of October, but still stuck above the central bank's target, a Reuters poll showed on Monday, supporting bets the bank will maintain the benchmark lending rate at current levels for a prolonged time.

newspaper

23-10-2023

China to bolster economic recovery and curb risks, central bank head says

China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People's Bank of China Governor Pan Gongsheng said in a report published on Saturday.

newspaper

22-10-2023

US judge approves Deutsche Bank $75 million settlement with Epstein accusers

Deutsche Bank on Friday won final approval from a U.S. judge for a $75 million settlement it reached with victims of Jeffrey Epstein who had accused the German company of facilitating the late financier's alleged sex trafficking.

newspaper

20-10-2023

China, world's top graphite producer, tightens exports of key battery material

BEIJING (Reuters) -China said on Friday it will require export permits for some graphite products to protect national security, springing a surprise with another bid to control critical mineral supply in response to challenges over its global manufacturing dominance.

newspaper

20-10-2023