VW is projecting revenue to climb as much as 15% on the back of a similar increase in vehicle deliveries. The company sees operating returns as high as 8.5% — roughly on par with last year’s result, but better than analysts expected. The shares jumped the most since last March.
Mercedes-Benz AG, Renault SA and Stellantis NV reported healthy profits in the past weeks on high prices and orders they accumulated during the height of the supply-chain crisis. The strong results come amid concerns over waning demand later this year as record inflation and slowing economies increasingly squeeze car buyers.
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Business Maverick: Asian equities swing lower, led by China tech: markets wrapA gauge of Asian stocks dipped, led by declines in Hong Kong-listed technology shares, and US equity futures dropped as traders continued to digest more hawkish comments by Federal Reserve officials.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »
Business Maverick: China loses more than 40 million workers as population agesChina’s number of working people has fallen by more than 41 million in the past three years, reflecting both the coronavirus pandemic’s toll on the economy and a decline in the working age population. Wow that’s a staggering number… The plan is on track & their achievements they aimed for too
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Business Maverick: UK mothers say it no longer makes financial sense to workThree-quarters of women paying for child care in the UK say it doesn’t make financial sense for them to work, according to a new report that could spark concerns about a labour market already under strain. I'm not saying it's good, but at a 120% towards child care, just stay at home. You've saved 20% right there. Jokes aside, my UK staff are paying £55k a year for nannies. It's crazy.
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Business Maverick: Anti-ESG bill passes Senate as Biden threatens first vetoThe Democratic-led US Senate voted to block a Labour Department sustainable investing rule, marking a victory for Republicans in their crusade against “woke” capitalism and teeing up President Joe Biden’s first veto.
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Business Maverick: Boris Johnson Says Voting for Brexit Deal Will Be DifficultBoris Johnson, who led the UK out of the European Union and still remains popular within the governing Conservative party, said he will struggle to support a revised Brexit deal seen as key to mending ties with the country’s biggest trading partner.
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Business Maverick: G-20 Latest: Top Diplomats Fail to Agree on Russia War WordingGroup of 20 foreign ministers failed to agree on language to describe Russia’s war in Ukraine during a two-day meeting in New Delhi, Indian Foreign Minister Subrahmanyam Jaishankar said.
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