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company s income and earnings both fell by more than 20% in the past quarter compared to the past quarter compared to the same period last year. it is a big number but not totally unexpected because the company been slashing prices of its top selling cars over the past year. more from new york. bringing in 20% less income is well, not good, what has helped the electric car maker is that it warned wall street this was coming. so it didn t come as a complete surprise, given tesla cut prices on its top selling cars several times last year, and in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the trick, the company saw a 36% jump trick, the company saw a 36% jump in deliveries, but the price cuts also mean that the profit margins on each car sold have gotten smaller. staying with the car sector because jaguar land rover is in ....
by more than 20% in this past quarter compared to the same time last year. it is a big number but not totally unexpected because the company has been slashing prices of its top selling vehicles over the past year. top-selling vehicles over the past year- top-selling vehicles over the ast ear. :: , ,, past year. bringing in 20% less income is past year. bringing in 20% less income is well, past year. bringing in 20% less income is well, not past year. bringing in 20% less income is well, not good. - past year. bringing in 20% less j income is well, not good. what helps the electric car maker however is that it warned wall street this was coming. so it didn t come as a complete surprise, giving tessa cut prices on its top selling cars several times last year. in fact did it again this week. tesla is grappling with higher borrowing costs for consumers, slowing demand for their cars and so much more competition in the electric car market. the price cuts did the tri ....
welcome to the programme. the war in eastern ukraine is turning into something of a stalemate. the pentagon says neither the russians nor the ukrainians have the troop numbers or firepower to win the battle of donbas, and instead, the conflict has settled into an attritional pattern of advance, counteroffensive and, in some places, russian withdrawals. there have been some morale boosting wins for the ukrainians around the northern city of kharkiv. they have taken back a number of towns to the north and east of the city, which at least has given kharkiv some relief from the russian artillery. further to the south, the russian advance on izyum is said to have stalled, and the russians have now pulled some troops back across their border, with around 20 battalions said to be massed closer to belgorod, on the russian side, to shore up the supply lines. for the ukrainians, they are tenuous advances, there s still intense fighting around all these areas, and in line with what the ....
temporary halt of hostilities. hamas says some details have yet to be finalised. the fighting has continued these pictures show a series of explosions in gaza overnight. it s also likely to resume at some point, even if it is paused israel s prime minister benjamin netanyahu has said that his country will continue to fight against hamas, until absolute victory was achieved. aid agencies had already been voicing concerns about the situation in gaza. some trucks carrying humanitarian supplies have been able to cross into the territory this week. but pictures like these showing people struggling to secure bottles of water in gaza indicate how difficult conditions there are. we ll bring you the latest on all of these developments in this programme but we start with this report on the delay to the hostage and prisoner exchange deal from our middle east correspondent tom bateman. well, the sense we had all day was that according to the agreement, the ceasefire would s ....
have a tentative deal with the united auto workers union. general motors was the last to settle. jeep maker stellantis reached an agreement on saturday. ford announced its deal last week with this positive reaction from one ford employee, walter robinson. it s definitely going to be life changing for the people. a career and notjust a job. gm said it was pleased with the outcome, with ceo mary barra, adding that the deal would allow it to continue to invest in our future and provide good jobs in the united states. the agreements which still need to be ratified by rank and file union members include a 25% wage increase over four and a half years, as well as other benefits for the uaw. this is a big win. historically, the union has negotiated new contracts with one car maker at a time. by taking on all three at once, uaw president sean fain successfully pitted them against each other. for the past several weeks. analysts and pundits were crying that our union was going to ....