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Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earnedΒ roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.
Ford reveals a special edition of its $325,000 Mustang GTD called 'Spirit of America'
The GTD models are part of Ford's plans to expand the Mustang nameplate into the higher echelons of the sports car and racing worlds.
UK gas stores βconcerningly lowβ, warns Centrica
Owner of British Gas says low temperatures have strained supplies
Dollar dominance means tariffs are not the only game in town
Americaβs grip on global financial services could provide Trump with another source of leverage
Chinese toymaker taps βkidultβ craze as shares soar on Hong Kong debut
As birth rates fall in Asia, companies focus on nostalgic toys for young adults
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.
Walgreens results top estimates as drugstore chain works to slash costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
Why the financial market mood has shifted against the UK
As the dust settles on a tumultuous week for gilts (UK government bonds) and sterling - a week that has raised serious questions about chancellor Rachel Reevesβs stewardship of the economy - the big question many people will be asking is why investor sentiment has shifted so much against the UK in the past week.
Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'
Delta's CEO said strong travel demand is driving revenue higher.
Britain's gas storage levels 'concerningly low' after cold snap
Britain's gas storage levels are "concerningly low" with less than a week of demand available, the operator of the country's largest gas storage site has warned.
Ex-Bank of England official Shafik picked for prized V&A post
Minouche Shafik, the former Bank of England official who quit her role at New Yorkβs Columbia University last summer after criticism of her handling of campus protests over the war in Gaza, has been picked for one of Britainβs most prized culture posts.
UK government borrowingΒ costs hover near 16-year high
Rise in yields threatens to wipe out room for extra borrowing under Labourβs budget rules
Public should not be worried about trouble in financial markets, cabinet minister says
The public should not be "worried" about the cost of government borrowing going up, a cabinet minister has said.
Chinese developer Sunacβs shares tumble 26% after liquidation petition
Real estate company reveals winding-up request filed in Hong Kong
Sainsbury's rewards staff with 5% pay boost despite budget tax hit
The UK's second largest supermarket chain is to reward store staff with an inflation-busting pay hike this year, months after warning that customers will be paying higher prices to offset budget tax hikes.