google.com, pub-8701563775261122, DIRECT, f08c47fec0942fa0
USA

Britain extends fiscal buffer, Wicked sets records

<span>THE STORY: From a closely watched British budget… to a great weekend at the box office. </span><span>This is The Week in Numbers.</span><span>:: Week in Numbers</span><span>:: $34.4 billion</span><span>New taxes worth $34.4 billion were added to England’s latest budget plan.</span><span>The government is expected to have more than double its previous buffer to meet fiscal targets</span><span>British finance minister Rachel Reeves has increased taxes on workers, retirement savers and investors.</span><span>“We will undoubtedly face opposition again. But I have yet to see a credible or fairer alternative plan for workers.” </span><span>::5%</span><span>Deere shares fell more than 5% after the farm equipment maker forecast a full-year profit below forecasts.</span><span>Tariff pressures and weak margins on its largest tractors were blamed for this.</span><span>CEO John May said margin pressures from tariffs would continue to weigh on the large farm equipment unit.</span><span>:: 300,000</span><span>300,000 vehicles per year in Europe by 2029 – this is the target of the Great Wall Engine.</span><span>The automaker is scouting for a location for its first factory there.</span><span>This is the first update on GWM’s European ambitions since 2023, when the company said it had big plans for the region and had begun site selection for the facility.</span><span>:: 35 billion dollars</span><span>Alibaba’s second quarter revenue was close to $35 billion. </span><span>The Chinese e-commerce giant said investments in one-hour delivery helped attract more users to its shopping apps.</span><span>It also reported strong growth in its cloud division.</span><span>However, net profit fell 53% to $2.9 billion, although that figure was still above analyst estimates. </span><span>:: 150 million dollars</span><span>“Wicked: For Good” earned $150 million in its opening weekend in the United States and Canada.</span><span>It broke the record for a film adaptation of a Broadway musical.</span><span>According to Universal Pictures, the film currently ranks among the best-performing musicals of all time on the big screen.</span>

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button