Ford posts lower profit, issues downbeat outlook; shares drop
Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted a difficult year ahead, sending its shares down after the bell as investors were disappointed following this week's robust report from rival General Motors Co.
Google, Apple disappoint as tech earnings hit by gloom
Apple is the only tech giant that has yet to announce major layoffs in recent weeks.
Levelling up: how UK freeports risk harbouring international crime
This risk of criminals taking advantage of the relaxed regulation in freeports has been highlighted by several studies.
Oil falls more than 1% on stronger dollar, rate hike worries
Oil prices fell by more than 1% on Tuesday, touching two-week lows on the prospect of further interest rate increases, a stronger U.S. dollar and ample Russian crude flows.
Dollar set for fourth monthly drop as Fed meeting looms
The dollar was eyeing a fourth monthly loss on Tuesday as investors reckon a peak in U.S. interest rates could swing into view as soon as this week's Federal Reserve meeting.
UK dismisses economic 'gloom', eyes Brexit boost
Britain's finance minister on Friday dismissed "gloom" over its recession-threatened economy and vowed to tap into Brexit opportunities and tackle rampant inflation to boost growth during a cost-of-living crisis.
UK cost-of-living crisis pushes mothers to the brink
At an east London church on a bitterly cold winter's day, Beautine Wester-Okiya picks her way through boxes of donated baby clothes, toys and other assorted items destined for local people battered by the UK's cost-of-living crisis.
Gold falls as dollar holds ground, traders eye U.S. data
Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S.
Dollar edges higher as traders await Fed decision
The dollar ticked up on Wednesday in subdued trading as investors looked towards the Federal Reserve's policy decision next week, while the euro traded just below a nine-month high.
J&J expects inflation, China COVID hit to carry into 2023
Johnson & Johnson on Tuesday said it sees the impact from high inflation carrying into 2023 and expects China's major COVID-19 outbreak to dent sales at its medical devices unit in the first half of the year.
Euro zone business activity back to growth in January -PMI
Euro zone business activity made a surprise return to modest growth in January, adding to signs the downturn in the bloc may not be as deep as feared and that the currency union may escape recession, a survey showed.
3M to cut 2,500 jobs, forecasts downbeat Q1 as demand weakens
3M Co said on Tuesday it would cut 2,500 manufacturing jobs and forecast a gloomy first-quarter as the U.S.
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Apple M3 MacBook Air, M3 iMac launch could be around the corner: report
Apple is reportedly gearing up to unveil new MacBook Air and iMac models that use the upcoming Apple M3 chipset.
Euro nears nine-month peak as ECB hawks let fly
The dollar was staring at a fourth straight session of losses against the euro on Monday as more hawkish comments on European interest rates contrasted with market pricing for a less aggressive Federal Reserve.
Exploring the UK Fashion supply chain crisis
Fashion supply chain characterised by short product life cycle and high volatility as demand in fast-paced industry remain unpredictable since Covid-19.
Technology and the transformation of the workplace: how will this change the way we work?
Technological advancements are changing the way we work and the types of jobs available in the future. Some jobs may be eliminated, while others will be enhanced by the use of AI and machine learning.
EU plans changes to pharmaceuticals law to avoid medicine shortages
Proposed changes to a European Union pharmaceuticals law will include stronger obligations for the supply of medicines and earlier notifications of shortages, EU Health Commissioner Stella Kyriakides said on Tuesday.
Biden to welcome Japan's Kishida and historic military reforms at White House
U.S. President Joe Biden will welcome Japanese Prime Minister Fumio Kishida at the White House on Friday and is expected to hail what Washington sees as historic plans by Tokyo for a major military buildup in the face of shared concerns about China.
UK economy wins World Cup boost but recession looms
Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the cost-of-living crisis.
Europe's largest rare earths deposit discovered in Sweden
Europe's largest known deposit of rare earth elements, essential for the manufacturing of electric vehicles, has been discovered in Sweden's far north, boosting Europe's hopes of cutting its dependence on China.
MacBook Pro 2023 with high end specs featuring 48-core CPU, 152-core GPU cancelled
Apple reportedly canceled a Mac Pro with the ultimate chip combination which is one with 48 CPU cores and 152 graphics cores due to complexity and cost.
Dollar hovers near seven-month lows after jobs data
The U.S. dollar on Monday neared its lowest point in seven months against other major currencies after data suggested the Federal Reserve could slow the pace of its rate hikes, while China reopening its borders boosted riskier currencies.
Historic UK satellite launch may spur military appetite
A mobile air-launched rocket system to be used in Britain's first domestic satellite launch could sow the seeds for a globally dispersed rapid-response capability to put extra eyes in space in times of war, executives and analysts said.
Biden says U.S. economy headed to 'new plateau,' amid recession fears
President Joe Biden said on Thursday the U.S. economy was seeing "really bright spots" after a rough few years, and was headed to a "new plateau," a new term for the stable, slower growth White House officials see ahead.
Oil prices rebound after opening the year with steep losses
Oil prices rebounded on Thursday after opening the year down more than 9%, the worst yearly start in over three decades, as investors took advantage of the decline to buy futures on expectations long-term fuel demand will remain steady.
German inflation surprise hits brakes on dollar's slide
The euro nursed losses on Wednesday and has helped the dollar to make a strong start to 2023, after a surprise slowdown in German inflation rallied bunds and sent the common currency sliding.
Why China's Covid wave is stirring fear
A growing number of countries are worried about a lack of data and transparency surrounding China's outbreak.
India's factories ended 2022 on a strong note
India's manufacturing industry ended 2022 on a solid footing as business conditions improved at the fastest rate in over two years while growth in new orders and output accelerated, a business survey showed on Monday.
Dollar creeps up in subdued start to new year
The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major currencies.