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February 7, 2023

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Vodafone cuts outlook and seeks cost savings as economic woes mount

December 4, 2022November 28, 2022 - by sumokwhcom

Vodafone (VOD.L) cut its full-year cashflow forecast and lowered earnings guidance on Tuesday, reflecting soaring energy costs and a deteriorating performance in Germany, Italy and Spain. Chief Executive Nick Read …

Vodafone cuts outlook and seeks cost savings as economic woes mount Read More
Business

FTX founder Sam Bankman-Fried attempts to raise cash – WSJ

December 3, 2022November 28, 2022 - by sumokwhcom

Founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is seeking commitments from investors to raise fresh cash, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. …

FTX founder Sam Bankman-Fried attempts to raise cash – WSJ Read More
Business

Factbox: Germany’s LNG import project plans

December 2, 2022November 28, 2022 - by sumokwhcom

Two liquefied natural gas (LNG) terminals have been launched in Germany this month as part of wider plans aimed at reducing its reliance on Russian gas. Up to six floating …

Factbox: Germany’s LNG import project plans Read More
Business

Canada September factory sales flat on aerospace, metals

December 1, 2022November 28, 2022 - by sumokwhcom

Canadian factory sales were unchanged in September from August as higher sales in aerospace products and primary metals balanced out lower sales in petroleum and coal products, Statistics Canada said …

Canada September factory sales flat on aerospace, metals Read More
Business

Tesla cuts delivery waiting time for all model 3, model Y cars

November 30, 2022November 28, 2022 - by sumokwhcom

Tesla (TSLA.O) has cut the delivery waiting time for all Model 3 and Model Y vehicles to a minimum of one week, it said on its website on Tuesday. The …

Tesla cuts delivery waiting time for all model 3, model Y cars Read More
Business

Meta’s India public policy chief, WhatsApp’s India boss quit

November 29, 2022November 28, 2022 - by sumokwhcom

WhatsApp’s India head Abhijit Bose and Meta Platforms Inc’s (META.O) public policy director in India Rajiv Aggarwal have resigned, a Meta spokesperson said on Tuesday. The departures follow the exit …

Meta’s India public policy chief, WhatsApp’s India boss quit Read More
Business

S.Africa’s Eskom says maintenance work could worsen power cuts for a year

November 28, 2022 - by sumokwhcom

South Africa’s struggling state power utility Eskom warned on Tuesday that planned maintenance could cause power outages lasting up to a year. The utility relies on a fleet of ageing, …

S.Africa’s Eskom says maintenance work could worsen power cuts for a year Read More

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