Oracle shuts down operations after tweet from Ukrainian official US, EU roll out new sanctions, focus on Belarus Automakers struggle to get enough spare parts from Ukraine March 2 (Reuters) – Netflix, fashion outlet H&M, technology company Oracle and several other companies halted business in Russia on Wednesday over the attack on Ukraine, while the … Read more
People visit the all-electric Ford Mustang Mach-E SUV at the 2019 Los Angeles Auto Show in Los Angeles, United States, November 22, 2019. Xinhua via Getty Images Detroit – Ford Motor It said Wednesday it will reorganize its operations to separate the electric motor and internal combustion engine business into separate units within the automaker. … Read more
And if the conflict is prolonged, it can happen Threatening the summer wheat crop, which flows into bread, pasta, and packaged foods for large numbers of people, particularly in Europe, North Africa, and the Middle East. food prices has already gone up Because of disruptions in the global supply chain, increasing the risk of social … Read more
The Lordstown Motors plant is where General Motors once worked, in Lordstown, Ohio, on October 16, 2020. Megan Gellinger | AFP | Getty Images general motors It sold its stake in Lordstown Motors during the fourth quarter after an undisclosed closing periodAnd the The Detroit automaker confirmed on Tuesday. General Motors owns 7.5 million shares … Read more
A bitcoin sign appears in a window in Toronto, May 8, 2014. REUTERS/Mark Blench Register now to get free unlimited access to Reuters.com Register MARCH 1 (Reuters) – Bitcoin has skyrocketed since the Russian invasion of Ukraine, backed by people in those countries looking to store and transfer money in anonymous, decentralized crypto. The Russian … Read more
HP Inc. CEO Enrique Loris told CNBC’s Jim Kramer Monday that the company is maintaining its stock buyback program, arguing that it’s still a good use of corporate money even as shares are up 18% over the past 12 months. “We continue to believe that our shares are undervalued, and therefore, buying HP shares is … Read more
The UK-based oil company said on Monday it was giving up its 27.5% stake in the Sakhalin-2 liquefied natural gas facility, its 50% stake in a project to develop the Salem fields in West Siberia and its 50% stake in a peninsula exploration project. Gedan in Northwest Siberia. “We are shocked by the loss of … Read more
The Toyota logo is seen at a booth during an information day for the Shanghai Auto Show in Shanghai, China, April 19, 2021. REUTERS/Aly Song/File Photo Register now to get free unlimited access to Reuters.com Register TOKYO, Feb 28 (Reuters) – Toyota Motor Corp. (7203.T) It said it would suspend local factory operations on Tuesday, … Read more
Dow futures fell Sunday evening, along with futures for the S&P 500 and Nasdaq amid the ongoing Russian invasion of Ukraine and mounting Western sanctions. The stock market fell to new lows last week but then rebounded strongly. Expect a volatile overnight trading session for stocks, bonds, crude oil and currencies. X Ukraine continues to … Read more
“It’s really a really very good constructive pricing environment we’ve seen right now, probably the best in recent memory,” Richard J. Kramer, Goodyear’s CEO, said on February 11. earnings call. The company looks to its competitors because they raise their prices – but they also charge more. “There are nine competitors that we tend to … Read more
