Transportation

Ford warns investors of an extra $1B in supply chain costs during Q3

2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Monday warned investors that the company expects to incur an extra $1 billion in costs during the third quarter due to inflation and supply chain issues. Ford said supply problems have resul…

Global Courant

Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

The name of the car manufacturer Porsche is attached to the curved facade of the newly built Porsche Centre in Magdeburg. Stephan Schulz | picture alliance via Getty Images Volkswagen is targeting a valuation of 70 billion to 75 billion euros ($…

Global Courant

27 dead after bus overturns on highway in China

BEIJING -- A bus overturned on an expressway in southwestern China on Sunday, leaving 27 people dead and injuring 20 others, police said. The early morning accident was in Sandu county, which is southeast of the city of Guiyang, the capital of Gu…

Global Courant

Aer Lingus restores IT system after cancelling 51 flights

An Aer Lingus passenger jet. Paul Faith | AFP | Getty Images Aer Lingus said it had resolved an IT problem that led it to cancel 51 flights between Dublin airport and other European destinations on Saturday as check-in and boarding was disrupted.…

Global Courant
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