GM's 2025 third-quarter results included $48.59 billion in revenue, net income attributable to stockholders of $1.3 billion and adjusted EPS of $2.80.
General Motors is set to report earnings before the bell. Here's what Wall Street expects
Source: CNBC
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BBC Business3 outlets
Chancellor rejects calls to raise Capital Gains Tax in Budget
Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the Treasury UK politics live – latest updates John Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so from cabinet colleagues including Louise Haigh and Wes Streeting. The chancellor has decided that any increase might ultimately cost the Treasury if wealthy individuals defer the sale of assets or move them out of the country, according to Treasury sources. Continue reading...
The Guardian
Google Cloud outage: Revolut suffers service disruption as bank customers report problems – business live
Rolling coverage of the latest economic and financial news The pound has rallied after Britain’s unemployment rate fell unexpectedly this morning to 4.7%. Sterling has gained half a cent against the US dollar to $1.3352, as the City welcomes the news that employment rose in the last quarter. “This data has caught the market on the hop, with traders scrambling to respond and boost exposure to the pound. Good news has been a touch more prevalent for the UK of late, which is just the kind of framing the government needs heading into the budget, though signs of more resilience in the labour market do of course mean the BoE has more room to respond to higher inflation.” “The labour market remains relatively flat overall. This resilience in the face of headwinds driven by global events is welcome. But underlying problems remain, with around one million young people not in education, employment
CNBC
France curfews calm unrest as Macron faces criticism over Gulf trip
Prime Minister Sébastien Lecornu said Tuesday some areas would remain under curfew after a weekend of violent rioting.
CNBC
Walmart launches joint membership with Sam's Club as it leans into delivery, gas discounts
Walmart is now offering a joint membership with Sam's Club for $120 per year as the retailer further leans into convenience.
CNBC
U.S. Treasury yields move lower as investors await housing data
U.S. Treasury yields inched lower on Tuesday as investors awaited economic data and weighed the inflationary backdrop ahead of the rate decision next week.
The Guardian
Billionaire Mukesh Ambani launches India’s biggest-ever IPO
Low-cost broadband provider Jio Platforms aims for £81bn valuation when it floats on the stock market on Wednesday Business live – latest updates India’s second-richest man, Mukesh Ambani, is launching what could be the country’s biggest-ever initial public offering (IPO), despite a stock market downturn. Mumbai-based Jio Platforms, a telecoms company backed by Meta Platforms and Google, is hoping to raise up to 302bn rupees (£2.4bn) and is targeting a 10.3tn rupeesvaluation when it floats on the stock market from Wednesday. Continue reading...