Harley-Davidson To Suspend Vehicle Assembly Due To Parts Issue
By Aishwarya Nair (Reuters) – Harley-Davidson Inc said on Thursday it will suspend vehicle assembly and shipments for a two-week…
Reuters
Cisco Crashes To 18-month Low As China Lockdown Raises Supply Doubts
(Reuters) -Cisco Systems Inc shares on Thursday touched an 18-month low after the company warned of persisting shortages in components,…
Canada Goose Forecasts Upbeat Annual Sales, Profit On China Recovery Hopes
By Mehr Bedi and Deborah Mary Sophia (Reuters) -Canada Goose Holdings Inc on Thursday forecast annual sales and profit above…
McDonald’s To Sell Russia Restaurants To Local Operator
By Praveen Paramasivam (Reuters) -McDonald’s Corp is selling its Russia business to its current licensee Alexander Govor and the restaurants…
Cisco Falls On Dismal Outlook As Supply Shortage Bites
(Reuters) – Cisco Systems Inc shares were down 10% premarket on Thursday after the company warned of persisting shortages in…
Grab Says Worst Of Pandemic Over, Forecasts Rebound In Business
By Nivedita Balu (Reuters) -Grab Holdings Ltd, Southeast Asia’s No. 1 ride-hailing and food delivery firm, on Thursday forecast a…
McDonald’s To Sell Russia Business To Current Licensee
(Reuters) – McDonald’s Corp said on Thursday it has agreed to sell its Russian business to current licensee Alexander Govor,…
Canada Goose Forecasts Strong Year On Resilient Luxury Demand
(Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit…
Kohl’s Becomes Latest Retailer To Warn Of Inflation Eating Into Profits
(Reuters) – Kohl’s Corp cut its full-year earnings forecast on Thursday, joining some of America’s biggest retailers in warning that…
Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports
By David Shepardson WASHINGTON (Reuters) -Ford Motor Company said Thursday https://media.ford.com/content/fordmedia/fna/us/en/news/2022/05/19/ford-motor-company-recalls-expedition-navigator.html it was recalling 39,000 SUVs after reports of 16…