(Reuters) – Faraday Future co-founder Nick Sampson has quit his executive post at the Chinese electric vehicle developer, the latest blow to the troubled company that said it was experiencing “extraordinary financial hardship.” FILE PHOTO: Nick Sampson, senior vice president of product R&D and engineering at Faraday Future, speaks during an unveiling…
Month: October 2018
Shares bounce as bulls fight back at end of brutal October
LONDON (Reuters) – Stock markets bounced higher on Wednesday, bringing some relief after a brutal October in which equities have suffered one of their worst drops in a decade and spooked investor confidence. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 29, 2018.…
How the U.S. midterm elections could ripple through markets
NEW YORK (Reuters) – Gridlock, Blue Sweep or Red Repeat? Wall Street is closely watching the U.S. midterm Congressional elections next week, as policy decisions that could sway the economy, corporate decision-making and consumer spending hinge on the results. Traders work on the floor of the New York Stock Exchange (NYSE) in…
Siemens goes back to its roots with 600 million euro Berlin investment
ZURICH (Reuters) – Siemens (SIEGn.DE) went back to its Berlin roots on Wednesday as it announced plans to invest up to 600 million euros ($681 million) to create an industrial and technology hub in the German capital. Siemens CEO Joe Kaeser looks on during a signing ceremony to invest in an innovation…
Countering global protectionism, Pacific trade pact nears takeoff
WELLINGTON (Reuters) – A landmark 11-country deal that will slash tariffs across much of the Asia-Pacific region will come into force at the end of December, New Zealand said on Wednesday, a rare bright spot for global commerce as the U.S.-China trade war intensifies. FILE PHOTO: New Zealand’s Minister for Trade and…
Airbus says tougher to meet jet delivery goal after snags
PARIS (Reuters) – European planemaker Airbus softened its key target for jet deliveries on Wednesday and warned that reaching it would be a “greater stretch” after a sequence of industrial problems. An Airbus A321neo during the 52nd Paris Air Show at Le Bourget airport near Paris, France, June 21, 2017. REUTERS/Pascal Rossignol…
SoftBank hires Time Warner executive as global communications head
FILE PHOTO : The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo TOKYO (Reuters) – SoftBank Group Corp (9984.T) has hired a Time Warner executive and former lawyer in the Clinton administration to spearhead its global communications strategy as…
Anthem quarterly profit beats estimates, raises 2018 forecast
The office building of health insurer Anthem in seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas (Reuters) – Anthem Inc (ANTM.N) reported quarterly profit that topped analysts’ estimates on Wednesday on lower medical costs and the No.2 U.S. health insurer raised its full-year adjusted earnings forecast. Anthem’s benefit expense ratio…
Carlyle reports 25 cents for third-quarter earnings per unit, misses forecast
The logo of the Carlyle Group is displayed at the company’s office in Tokyo, Japan October 17, 2018. REUTERS/Issei Kato NEW YORK (Reuters) – Alternative asset manager Carlyle Group LP (CG.O) on Wednesday missed estimates for earnings per unit for the third quarter, as the value of its private equity investments rose…
Ford, Baidu to start self-driving road tests in China
The logo of the Ford Motor Company is seen outside a car dealership in Cape Town, South Africa, October 18, 2017. REUTERS/Mike Hutchings BEIJING/SHANGHAI (Reuters) – Ford Motor Co and Baidu Inc launched a two-year project on Wednesday to test self-driving vehicles on Chinese roads, amid a global race by carmakers and…
21% More Traffic Without Any “New” Content
In this SEO case study I’m going to show how I increased my organic search traffic by 21% without creating any “new” content. Let’s be honest for a second: 21% growth doesn’t seem like much. However, 21% growth equates to an extra 3,000 organic search pageviews per month for Gotch SEO. The…
Apple expected to unveil iPads with facial recognition
Customers walk into an Apple Store after Apple’s new iPhone XS and XS Max went on sale in Beijing, China September 21, 2018. REUTERS/Jason Lee (Reuters) – Apple Inc (AAPL.O) on Tuesday is expected to unveil updates to its Mac computers and iPads that include facial recognition features that have been available…
Stocks stumble as trade war nerves send yuan to 10-year low
LONDON (Reuters) – European shares slipped back into the red and China’s yuan hit a 10-year low on Tuesday, as the prospect of another escalation in the U.S.-Sino trade war compounded the recent gloom in global markets. The German share price index DAX graph is pictured at the stock exchange in Frankfurt,…
Exclusive: Bentley warns worst case no deal Brexit would hit profitability, investment
LONDON (Reuters) – The boss of carmaker Bentley said failure to reach a Brexit deal would be “quite damaging” to annual profit in the worst case scenario, limit the company’s ability to invest and could lead to its plant closing for an additional few days. A worker constructs a Bentley Continental GT…
Trump says he expects ‘great deal’ with China, but more tariffs if not
SHANGHAI (Reuters) – U.S. President Donald Trump said he thinks there will be “a great deal” with China on trade, but warned that he has billions of dollars worth of new tariffs ready to go if a deal isn’t possible. A cargo ship is seen behind containers at an automated container terminal…
GE cuts dividend, splits power business
FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company General Electric is shown at their subsidiary company GE Aviation in Santa Ana, California, U.S., April 13, 2016. REUTERS/Mike Blake/File Photo (Reuters) – General Electric Co (GE.N) slashed its quarterly dividend to just 1 cent per share and…
Pfizer third-quarter profit jumps 45 percent
FILE PHOTO: A logo of American pharmaceutical corporation Pfizer Inc., is pictured in Toluca, Mexico October 1, 2018. REUTERS/Edgard Garrido/File Photo (Reuters) – U.S. drugmaker Pfizer Inc’s (PFE.N) third-quarter profit rose nearly 45 percent, driven by lower tax rates and higher sales of breast cancer drug Ibrance and pneumonia vaccine Prevnar. The…