By Ankit Ajmera (Reuters) – Shares of Ford Motor Co <F.N> fell nearly 8% on Wednesday, a day after the automaker forecast a lower profit for 2020, surprising analysts who also criticized the company’s management for holding back details on the earnings shortfall. The disappointing outlook underscores the higher costs that Ford has been spending […]
By Takashi Umekawa, Sam Nussey and Takaya Yamaguchi TOKYO (Reuters) – SoftBank Group Corp’s talks to secure $3 billion from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to the firm, two people said, complicating a $9.5 billion rescue package for WeWork. The Japanese technology conglomerate is now likely […]
Meghan Markle and Prince Harry are set to host A-list celebs at their Californian home this Christmas, it has been reported. The royal couple are not heading to the UK to spend the festive season with the firm this year due to the ongoing coronavirus pandemic. With that being the case, celebrity couple David Foster, […]
