AngloGold Ashanti Publishes Its 2023 UK Annual and Other Reports

Reuters Videos
Elon Musk lays off Tesla execs, plans more cuts
STORY: Elon Musk looks to be doing more layoffs at Tesla. Reports by The Information on Tuesday (April 30) say he’s fired two top executives, and plans to get rid of hundreds more workers. Musk is said to be frustrated by falling sales, and the pace of earlier job cuts. The story quotes an email said to be from Musk. In it he says, “these actions are making it clear that we need to be absolutely hard core about headcount”. In an apparent warning to managers, he says “while some on exec staff are taking this seriously, most are not yet doing so”. There was no immediate response to a Reuters request for comment. It all follows a move earlier this month to shed some 10% of the company’s workforce. Tesla is grappling with falling sales and an intensifying price war which it started. Reporting earnings last week, it said all that led to its first quarterly drop in revenue since 2020. Musk this weekend made a surprise visit to China, the epicenter of the price battle. There he made progress on rolling out the brand’s advanced driver assistance features in the country. However, Tesla faces fierce competition from local makers like BYD in what is now the world’s biggest car market.
a day ago
Birmingham Live
Tesco, Sainsbury's, Asda drivers urged to fill up car when tank is 'quarter full not empty'
“Today I'm going to tell you why you don’t want to drive your car with the fuel gauge all the way down to E," he said.
22 hours ago
Reuters
Weak demand, new model ramp up hit Europe's top automakers
European car giants Volkswagen, Mercedes-Benz and Stellantis all posted lower sales and first-quarter revenue on Tuesday as they geared up to launch new models, faced higher costs and were hit by weaker demand for new cars as interest rates remain high. The news hit the automakers' stocks. Mercedes shares were down 4.4%, Stellantis 4% and Volkswagen 2.7%.
a day ago
CNN Business
Volkswagen’s electric car orders double in Europe
Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs.
22 hours ago
Birmingham Live
Martin Lewis issues standing charge warning ahead of rules changing
The BBC Sounds podcast host spoke out on Twitter/X after an open letter from Energy Secretary Claire Coutinho today.
2 days ago
Reuters
UPDATE 3-Diamondback Energy beats first quarter profit estimates on higher production
Diamondback Energy beat first quarter profit estimates on Tuesday as the oil and gas firm benefited from higher oil production and better prices. Crude oil prices in the quarter mirrored the previous year as production cuts by OPEC+ countries offset lower demand, helping oil producers like Diamondback Energy. Quarterly oil production was at 24.8 millions of barrels (mmbls), up about 10% up from the previous year and prices for oil was up 2.7% at $75.06 per barrel for the same period.
16 hours ago
Fortune
Volkswagen, Mercedes, and Stellantis shed $13 billion in value as Tesla’s China breakthrough leaves Europe’s carmakers in the cold
Double-digit earnings declines and sales drop-offs hammered home bad news in Europe as Tesla made FSD inroads in China.
21 hours ago
PA Media: Money
UK manufacturing sector shrinks again as firms impacted by shipment delays
The influential S&P Global/CIPS UK manufacturing PMI survey dropped to 49.1 in April, having hit a 20-month high of 50.3 in the previous month.
3 hours ago
Bloomberg
Oil Producers Flush With Cash Cut Reliance on Loans
(Bloomberg) -- Last year, the demand for loans from fossil-fuel companies fell 6% year-on-year and that followed a decline of 1% in 2022.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After U-Turn From 1990 LowsFrom a climate perspective, this may s
2 days ago
Reuters Videos
Walmart to close U.S. health clinics, citing costs
STORY: Walmart is getting out of the healthcare business.The world’s largest retailer said on Tuesday that it's closing all 51 of its health clinics as well as all of its virtual healthcare operations.In its announcement, Walmart called it a "difficult decision" but that it is "determined there is not a sustainable business model for us to continue." The move is a surprising reversal of plans, as Walmart just last year said it would nearly double its number of health center locations.But now it sees a “challenging reimbursement environment and escalating operating costs” that hamper profitability.Its health centers, which house doctors and dentists and are typically located next to Walmart Supercenters, are spread across five states, including Texas and Florida.All will be shut within 30 to 90 days.Companies such as Walmart, Walgreens, Amazon and CVS expanded into providing healthcare services during the past five years, seeing opportunities in the highly fragmented U.S. healthcare system. But it has not been clear that consumers want such services from retailers or that they are profitable.Shares of Walmart were down more than 1.5% in Tuesday morning trading.
19 hours ago
Fool.co.uk
After rising 176%, is there still value left in the Rolls-Royce share price for investors?
Rolls-Royce has been one of the stock market's best performers in the last 12 months. But does its share price have more room for growth? The post After rising 176%, is there still value left in the Rolls-Royce share price for investors? appeared first on The Motley Fool UK.
3 hours ago
Birmingham Live
Tesco, Asda, Sainsbury's, Morrisons shoppers face having £8 added onto food shop
Tesco, Asda, Sainsbury's and Morrisons shoppers could be paying £8.57 extra on a monthly food shop due to new border controls from the EU after Brexit.
2 days ago
Reuters
UPDATE 5-Hyundai Motor Group plans hybrid cars for India in strategy shift, sources say
Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group shifts strategy to look beyond electric vehicles and boosts its presence in a key market. The group, housing Hyundai Motor and Kia Corp , is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources, who have direct knowledge of the plans.
a day ago
Reuters
McDonald's posts rare profit miss as customers turn picky
McDonald's missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers and the Middle East conflict weighed on the burger chain's international sales. Global comparable sales growth slid for the fourth straight quarter to 1.9%, with the company saying consumers turned "more discriminating with every dollar they spend". "Consumer is certainly being very discriminating in how they spend their dollar ... I think it's important to recognize that all income cohorts are seeking value," McDonald's CEO Chris Kempczinski said on a post-earnings call.
a day ago
CNN Business
Rolls-Royce is growing its factory so it can build its ‘bespoke’ cars more slowly
Rolls-Royce is vastly expanding its factory in Chichester, UK. The BMW subsidiary is adding five new buildings with construction planned to start next year.
2 days ago
OK! Magazine
Mike Tindall's true feelings about Prince Harry revealed in one-word remark
Mike Tindall previously shared his thoughts on Prince Harry's behaviour at the late Queen's Platinum Jubilee celebrations, with it being reported that he made a one-word remark
6 hours ago
Manchester Evening News
Heartless teen stopped people trying to save boy, 13, after inflicting fatal injuries on him in 'abhorrent' scenes
A drunk driver hit and killed 13-year-old Kaylan Hippsley in February
5 hours ago
OK! Magazine
Death in Paradise fans fume 'no one would watch' as Ralf Little's replacement 'uncovered'
Death in Paradise fans are not happy with the latest prediction of who will take over the role from Ralf Little and declare they will turn off if the actor joins the show
3 hours ago
OK! Magazine
James Martin reveals 'spur of the moment' action that led to split from partner
TV chef James Martin split up with Bond producer Barbara Broccoli after a 'spur of the moment' decision that he claims was a 'defining moment' in their relationship
3 hours ago
The Independent
Kathy Burke hits out at Ant and Dec after being left ‘really angry’ by them
‘It was a step too far,’ British actor said
an hour ago

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AngloGold Ashanti Publishes Its 2023 UK Annual and Other Reports

Latest stories

Elon Musk lays off Tesla execs, plans more cuts

Tesco, Sainsbury's, Asda drivers urged to fill up car when tank is 'quarter full not empty'

Weak demand, new model ramp up hit Europe's top automakers

Volkswagen’s electric car orders double in Europe

Martin Lewis issues standing charge warning ahead of rules changing

UPDATE 3-Diamondback Energy beats first quarter profit estimates on higher production

Volkswagen, Mercedes, and Stellantis shed $13 billion in value as Tesla’s China breakthrough leaves Europe’s carmakers in the cold

UK manufacturing sector shrinks again as firms impacted by shipment delays

Oil Producers Flush With Cash Cut Reliance on Loans

Walmart to close U.S. health clinics, citing costs

After rising 176%, is there still value left in the Rolls-Royce share price for investors?

Tesco, Asda, Sainsbury's, Morrisons shoppers face having £8 added onto food shop

UPDATE 5-Hyundai Motor Group plans hybrid cars for India in strategy shift, sources say

McDonald's posts rare profit miss as customers turn picky

Rolls-Royce is growing its factory so it can build its ‘bespoke’ cars more slowly

Mike Tindall's true feelings about Prince Harry revealed in one-word remark

Heartless teen stopped people trying to save boy, 13, after inflicting fatal injuries on him in 'abhorrent' scenes

Death in Paradise fans fume 'no one would watch' as Ralf Little's replacement 'uncovered'

James Martin reveals 'spur of the moment' action that led to split from partner

Kathy Burke hits out at Ant and Dec after being left ‘really angry’ by them