The price tag for General Motors’ EV reset has ballooned to nearly $11 billion.During the automaker’s Tuesday earnings update, executives said GM recorded a nearly $2.3 billion EV-related charge in the most recent quarter. That brings the automaker’s total related costs to $10.9 billion since the second half of 2025…
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Gold price (XAU/USD) is up 1.5% to near $4,067 during the European trading session on Tuesday. The precious metal outperforms as the rally in oil prices has stalled, with investors turning confident that negotiations between the United States (US) and Iran towards peace have resumed.In European trade, the WTI Oil price turns positive to near $82.65 after recovering early losses, but corrected sharply after registering a fresh monthly high at $84.42.Lower oil prices ease inflation…
Here is what you need to know on Tuesday, July 21:Major currency pairs remain within…
Ryanair CEO Michael O’Leary said on Monday that an initial finding from an investigation into…
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Taylor Farms is facing a fast-moving public health crisis, and communications veterans say its latest messaging has muddied an already confusing situation.The major food supplier said Sunday that the FDA had retracted a positive cyclospora test involving its lettuce, calling it a false positive. The cyclospora parasite has sickened thousands…
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The Trump administration on Monday announced it will impose a 50% tariff on certain Canadian imports, citing what officials called trade “discrimination” against American businesses. The duties will take effect Aug. 19 under the Tariff Act of 1930 and target a range of Canadian goods, including certain food products, wearables, synthetic…
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Boeing CEO Kelly Ortberg said the global aerospace company has begun early work on a possible new airplane design but is not yet ready to move forward. Ortberg, who became president and CEO in August 2024, said Boeing is spending “time and money” evaluating its options and preparing to introduce…
