Chaos in The Red Sea is Starting to Bite into Companies' Profits
With the Red Sea crisis roiling shipments of everything from cars to energy, it's a matter of time before soaring costs and supply-chain strains show up
Source: claimsjournal.com
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Chaos in the Red Sea starts to bite into firms' profits
With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring costs and supply-chain strains show up in companies’ earnings reports. Several firms are already warning of the impact. Electric-vehicle maker Tesla Inc. plans a two-week production halt at a German…
Source: businessmirror.com.ph
Ozempic Maker Novo Rises After First Stock Split in a Decade
(Bloomberg) -- Novo Nordisk A/S shares fell on Wednesday in the first trading session following a split aimed at increasing the liquidity of the Danish drugmaker’s soaring stock.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticiPhone Pro’s Titanium Finish Stands Out in First Look at DeviceChina Flags ‘Security Incidents’ With Apple’s iPhonesApple’s iPhone 15 Debut Includes Higher Price on Top ModelAT&T, T-Mobile Offer Free iPhone 15 in Lure for New Subscrib
Source: yahoo.com