Ford Motor Co., struggling to roll out its redesigned Explorer sport-utility vehicle, cut its full-year forecast by US$500 million, in a sign an US$11 billion restructuring by Chief Executive Officer Jim Hackett’s will take more time before a promised payoff.
Trump’s political scandal has embroiled Ambassador William Taylor, a true Ukraine expert committed to helping its democracy.
President Recep Tayyip Erdogan’s deal to secure a buffer zone in northern Syria may have also clinched another big cut in Turkish interest rates.
All the action in China’s markets is now in government bonds, where a sudden sell-off this month contrasts with subdued moves elsewhere. One contrarian says it won’t last.
President Donald Trump says he’s secured “the Oil” in Syria, while Senator Lindsey Graham is floating the idea of tapping that bounty to help fund military operations in the war-torn nation.
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