Month: May 2023
BMW Keeps Outlook After Solid First Quarter
BMW confirmed its forecast of an 8%-10% underlying earnings margin for its automotive segment in 2023 after it reported higher revenues and profits in the first quarter on good pricing and sales of top-end and electric vehicles.
Read MoreSeoul’s LGBT festival blocked by Christian concert outside city hall, organizers say
By Hyunsu Yim SEOUL (Reuters) – Seoul’s city government has effectively blocked South Korea’s largest annual LGBT festival from taking place outside city hall this year after granting a permit for a Christian youth concert instead, the LGBT event’s organisers
Read MoreFed up with shrinking savings, Europeans drain billions from banks
By Sinead Cruise, John O’Donnell and Tom Sims LONDON/DUBLIN (Reuters) – European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up to hold on to deposits some feel they can
Read MoreRheinmetall Backs Guidance After Sales Boost
Rheinmetall targeted an operating margin of roughly 12% this year and confirmed its forecast of significant sales growth after demand for military procurement increased following Russia’s invasion of Ukraine.
Read MoreOklahoma bodies found – latest: Police confirm murder-suicide as Jesse McFadden’s rape victim speaks out – The Independent
Oklahoma bodies found – latest: Police confirm murder-suicide as Jesse McFadden’s rape victim speaks out The Independent Oklahoma authorities believe case of 7 bodies found are result of murder-suicide 5NEWS What we know about the 7 people found dead at an Oklahoma
Read MoreVolkswagen Confirms Guidance After Strong Sales Growth
Volkswagen confirmed its financial targets for 2023 after reporting a 35% rise in underlying operating profit to €7 billion, as revenue jumped on strong demand for its cars in Europe and North America.
Read More‘Absolutely ridiculous’ for US and Kyiv to deny carrying out Kremlin drone attack, Moscow says
Russia has accused the US of being behind what it claims was a drone attack on the Kremlin – less than a day after it alleged Ukraine was responsible.
Read MoreMcDonald’s franchises face more than $200,000 in fines for child-labor law violations
Three franchisees operating McDonald’s locations in Maryland, Kentucky, Ohio and Indiana collectively had 305 minors working illegally. They are ordered to pay more than $200,000 in civil penalties. (Image credit: Keith Srakocic/AP)
Read MoreMay the Fourth Be With … Carrie Fisher: Late Star Wars Actress Finally Gets Walk of Fame Star
LOS ANGELES — Carrie Fisher is receiving a star on the Hollywood Walk of Fame, a May the Fourth tribute to one of the “Star Wars” franchise’s most beloved figures. Read More: Remembering Carrie Fisher: Look Back at the Star
Read MoreOil Futures Rise in Apparent Technical Rebound
Oil futures rose, reversing earlier losses in what appears to be a technical rebound.
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