GM, Fiat Chrysler cut profit forecast due to trade tariffs

Note: This section contains information in English only.

Wed, 25 Jul 2018 15:20:18 GMT

Source: Dukascopy Bank SA

The carmakers General Motors Co and Fiat Chrysler Automobiles NV have reduced their full-year profit forecast, naming trade tariffs as one of the factors causing this cut.

Back to articles

Actual Topics

25 Jul 2018

EIA: US crude stock lower than expected

The Energy Information Administration reported that US crude inventories fell by 6.1M barrels during the previous week which exceeded the estimate of -2.3M.

25 Jul 2018

Boeing shares fall after reducing defence margin forecast

Shares of the plane-maker Boeing Co declined 2.2% on Wednesday in response to the company cutting the operating margin forecast for its defence business to 10-10.5%.

25 Jul 2018

Facebook unlikely to get China's approval for venture

China's government is planning to pull the approval for Facebook's planned venture in Zhejiang, according to the New York Times report.

GM, Fiat Chrysler cut profit forecast due to trade tariffs

Tel.

Actual Topics

EIA: US crude stock lower than expected

Boeing shares fall after reducing defence margin forecast

Facebook unlikely to get China's approval for venture