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Nike plans more job cuts, geographic changes after forecasting sharp revenue drop

Nike plans more job cuts, geographic changes after forecasting sharp revenue drop

By Danielle Kaye and Angela Christy M Oct 1 (Reuters) - Nike deepened its restructuring under CEO Elliott Hill on Thursday, announcing a plan to cut more jobs and shake up its global business divisions after the struggling sportswear giant projected a surprisingly steep drop in full-year revenue.
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US stocks rise toward their record after the latest jobs report calms the rattled bond market

US stocks rise toward their record after the latest jobs report calms the rattled bond market

Some relief is returning to the rattled U.S. bond market after the latest jobs report cooled worries that a potentially hot economy could make inflation worse
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YRC Releases New Framework to Address SOP Development Skills Gap in Europe and Africa

YRC Releases New Framework to Address SOP Development Skills Gap in Europe and Africa

YRC Releases New Framework to Address SOP Development Skills Gap in Europe and Africa
ReutersReuters
Oil prices drop as Europe agrees to release diesel reserves

Oil prices drop as Europe agrees to release diesel reserves

HOUSTON, Oct 2 (Reuters) - Oil prices fell $2 after European leaders agreed on Friday to a request by US President Donald Trump to release diesel from their reserves to lower prices and reduce the need to import fuel from America. Brent was down $1.80, or 1.76%, at $100.50 a barrel at 10:49 a.m.
ReutersReuters
Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

By Danielle Kaye and Angela Christy M Oct 1 (Reuters) - Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year
ReutersReuters
Oil rises slightly as market weighs mixed supply signals

Oil rises slightly as market weighs mixed supply signals

By Helen Clark PERTH, Oct 2 (Reuters) - Oil prices drifted slightly higher on Friday after China halted fuel exports, while the Wall Street Journal reported that the US is sending more troops and carriers to the Middle East as it also tries to make Europe draw down more emergency diesel.
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EnerVenue Begins Mass Production of Hubble-Derived Batteries in China, Shifts from U.S. Plans

EnerVenue Begins Mass Production of Hubble-Derived Batteries in China, Shifts from U.S. Plans

EnerVenue Begins Mass Production of Hubble-Derived Batteries in China, Shifts from U.S. Plans
AP NewsAP News
US futures climb as oil prices ease, investors await jobs report

US futures climb as oil prices ease, investors await jobs report

U.S. futures are climbing as oil prices ease and investors await the U.S. monthly jobs report due later in the day
ReutersReuters
Oil price drops more than $3 on talks over diesel, crude stock releases

Oil price drops more than $3 on talks over diesel, crude stock releases

By Anushree Mukherjee LONDON, Oct 2 (Reuters) - Oil prices fell more than $3 and European gasoil futures dropped over 4% on Friday after reports of talks in Europe on additional diesel and crude stock releases, easing concerns over tight global energy supplies.
ReutersReuters
Asian shares fall after wild swings in bonds, FX; US jobs data looms

Asian shares fall after wild swings in bonds, FX; US jobs data looms

By Stella Qiu SYDNEY, Oct 2 (Reuters) - Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening US military buildup in the Gulf kept oil prices elevated and inflation risks alive.
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Centr, Chris Hemsworth's Wellness Platform, Expands with HYROX Partnership and Seeks Account Manager

Centr, Chris Hemsworth's Wellness Platform, Expands with HYROX Partnership and Seeks Account Manager

Centr, Chris Hemsworth's Wellness Platform, Expands with HYROX Partnership and Seeks Account Manager
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Equip Outdoor Technologies Sells Lowe Alpine Brand Rights to China-Based ATG Brands Data Limited

Equip Outdoor Technologies Sells Lowe Alpine Brand Rights to China-Based ATG Brands Data Limited

Equip Outdoor Technologies Sells Lowe Alpine Brand Rights to China-Based ATG Brands Data Limited