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WeWork plans to axe 4,000 jobs in a turnaround proposal by its major shareholder SoftBank that includes a pullback in Asia.
Tesla surprised the market on Wednesday with its third quarter net profit of $342. 0m, which sent its stock flying over 18% in pre-market trading, but the manufacturer's top-line recorded its first decline for seven year, a development that some analysts labelled concerning and said left the long-term 'growth story' "less clear".
Retail employment in the UK fell by -2. 8% in the third quarter with 85,000 jobs lost over the preceding 12 months.
Airbus has sold 100 jets to Spirit Airlines in a provisional deal valued at $12. 0bn, marking the first sale to a US carrier since the Trump administration moved to slap tariffs on the aerospace manufacturer.
Reckitt Benckiser: UBS downgrades to neutral with a target price of 6,200p.