Audi sticks to EV strategy

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Source: Dukascopy Bank SA
Chief Executive Officer of Audi Gernot Doellner has stated that the firm would stick to its electric vehicle shift strategy. The company has experienced a decline in EV sales, but still intends to end combustion vehicles sales in 2026.
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Wed, 20 Mar 2024 17:30:04 GMT

Unilever lays off employees

The food producer Unilever has announced that it is spinning off ice cream unit and fire 7,500 employees in a cost savings programme. Markets saw the announcement as positive. The stock price of the company surged more than 5.00%.

Wed, 20 Mar 2024 13:30:03 GMT

Fidelity fires employees

Reuters has reported that Fidelity International intends to fire 16% of its employees in the Chinese fund unit.

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