GM Seeks to Ease Shareholders Nerves at Investor Day

GM to deliver message focused on stability over aggressive growth Investors concerned about EV losses and competition from China Barra operations in China are unsustainable without a restructuring GM to highlight combustionengine vehicle profits and new SUV launches Shareholders eager to hear how GM intends to bring down EV costs DETROIT, Oct 2 Reuters General […]
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Ford Reports Weak US Sales for Third Quarter

Oct 2 Reuters Ford on Wednesday became the latest U.S. automaker to report weaker growth in domestic new vehicle sales in the third quarter, as buyers continued to shy away from purchases on affordability concerns. The company39;s shares fell about 2 in early trading. Major automakers in the United States, including Toyota and General Motors, reported weaker sales for […]
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Sterling Steadies after Dropping on Middle East Escalation

MidEast escalation pressures pound against safehaven dollar Data shows UK pay settlements at 2year low in 3months to Aug BoE speeches, services and construction surveys eyed Oct 2 Reuters The British pound steadied on Wednesday, a day after it fell sharply against the dollar as the growing conflict in the Middle East spurred demand for […]
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