UAW strike could upend GM, Ford financial strategies
By Joseph White DETROIT (Reuters) – General Motors and Ford have laid out ambitious plans to spend billions developing new…
Day: October 16, 2023
Factbox-Rite Aid joins companies going bankrupt amid opioid litigation
(Reuters) – Drugstore chain Rite Aid is the latest U.S. company to seek bankruptcy protection following pressure from lawsuits alleging…
Snap shares jump as leaked 2024 user target exceed Wall St expectations
(Reuters) – Snap shares jumped 11% on Monday after a media report said the social media company is expected to…
Industrial metals to remain vulnerable to more softness near-term, says Goldman
(Reuters) – Goldman Sachs on Monday said it expects industrial metals markets to remain vulnerable to incremental softness in the…
Hamas’ cash-to-crypto global finance maze in Israel’s sights
By Hadeel Al Sayegh, John O’Donnell, Elizabeth Howcroft LONDON/DUBAI (Reuters) -Palestinian militant group Hamas uses a global financing network to…
Key takeaways from IMF/World Bank meetings in Morocco
MARRAKECH, Morocco (Reuters) -The International Monetary Fund and World Bank wrapped up annual meetings in Morocco on Sunday with some…