Nike Inc cautioned that gross margins would remain under pressure throughout the year, joining peers in warning of a blow from increased discounts and a rapidly strengthening dollar. The company’s shares, which were already among the worst-performing Dow components this… Read More ›
Volkswagen is current in a great position to finance its electrification strategy, according to its finance chief, after reaping around 9.6 billion euros ($9.30 billion) from Porsche’s IPO and considering listing its battery unit. Arno Antlitz, a Reuters reporter, said the carmaker… Read More ›
The UK government’s proposal for tax cuts has drawn direct criticism from the International Monetary Fund, which also issued a warning that the measures could exacerbate the cost-of-living crisis. The IMF said in a statement that was unusually blunt that… Read More ›
Over $9 trillion in wealth from American households have been simply wiped off by dropping stock prices which has piled on additional pressure on balance sheets and expenditure of families. According to Federal Reserve data, American holdings of corporate stocks… Read More ›
According to World Bank predictions, Covid-zero policies and the housing market crisis have caused China’s economic growth to lag behind that of the rest of Asia-Pacific for the first time in more than 30 years. The US-based organization stated in… Read More ›
According to a significant new Microsoft survey, managers and employees have fundamentally different opinions about productivity when working from home. Bosses question whether remote work is equally productive as being in the office. While 87 per cent of employees believed that… Read More ›
According to William Walsh, the director-general of the International Air Transport Association, the cost of airline tickets may increase due to a lack of refining capacity and the airlines’ financial situation (IATA). According to Walsh, the airline industry is “concerned”… Read More ›
According to the U.N. secretary general, developed nations should impose an additional tax on the profits of fossil fuel companies, with the money going toward helping households dealing with the cost of living crisis and nations affected by climate change…. Read More ›
Since the Ethereum network, the technology that underpins ether and other cryptocurrencies, underwent a significant upgrade known as the merge, ether has declined more than bitcoin. Blockchain technology called Ethereum makes it possible for programmers to create apps on top… Read More ›
The Chinese start-up revealed that it was testing a function called City NGP, short for navigation guided pilot. According to Xpeng, City NGP will enable the car to carry out a “full range of driving tasks,” such as maintaining a… Read More ›
manageria.biz 