DETROIT (Reuters) -Ford Motor stood by its annual EBIT guidance of $6 billion to $6.5 billion for this year following another fire this week at aluminum supplier Novelis' New York plant, reaffirming the outlook it revised because of production disruptions from a devastating blaze at the supplier's plant in September. The carmaker in October cut its profit forecast, citing a gross hit of up to $2 billion from the incident. Ford expects to offset about $1 billion of that next year by increasing production at certain truck plants, it said in October. (Reporting by Nora Eckert; Editing by Chris Reese)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
(Reuters) -Ubisoft said on Friday it has completed Tencent's investment in Vantage Studios, a new…
BRASILIA (Reuters) -Brazil's government said on Friday that 22% of its exports to the United…
By Emma Farge GENEVA (Reuters) -The International Committee of the Red Cross will reduce its…
By Rollo Ross and Danielle Broadway LOS ANGELES (Reuters) -Singer-songwriter Meghan Trainor traversed new terrain…
(Reuters) -Ubisoft said on Friday it has completed Tencent's investment in Vantage Studios, a new…
By Olivia Le Poidevin GENEVA (Reuters) -Organisers of the Eurovision Song Contest announced on Friday…