News

Note: This section contains information in English only.
Mon, 28 Jul 2025 18:30:04 GMT

VW premium brand cuts outlook

Audi cuts 2025 outlook, citing higher U.S. tariffs and restructuring. Revenue now seen at €65–70B, with margins trimmed to 5–7% from earlier 7–9% forecast.

Mon, 28 Jul 2025 15:30:06 GMT

15% Tariff rate on EU

Von der Leyen calls US-EU trade deal "best we could get," noting it avoids looming 30% tariffs; most EU goods will face a 15% US tariff, including cars and chips.

Mon, 28 Jul 2025 12:30:06 GMT

Euro and U.S. to have a trade deal

Euro and U.S. futures climb after trade deal clarity eased market fears, boosting S&P 500 e‑minis and investor sentiment

Mon, 28 Jul 2025 09:30:06 GMT

Valeo shares fall

Valeo shares dropped 16% after cutting its 2024 sales forecast by €1B, citing a weaker dollar and falling global car sales.

Mon, 28 Jul 2025 06:30:05 GMT

Meta to halt social ads

Meta will halt political and social issue ads in the EU from October, citing legal uncertainty over new EU rules, following a similar move by Google.

Mon, 28 Jul 2025 03:30:05 GMT

Puma falls

Puma shares fell 16% after warning of an annual loss, citing weak sales, U.S. tariffs, and poor demand for retro sneakers like the Speedcat.

Fri, 25 Jul 2025 21:30:03 GMT

Tariffs take toll on VW

VW took a €1.3B hit from tariffs and cut 2025 forecasts as U.S. trade tensions, China competition, and EV rules weigh on European carmakers.

Fri, 25 Jul 2025 18:30:05 GMT

Paramount-Skydance merges

US regulators approve $8.4B Paramount-Skydance merger, giving David Ellison control of CBS, Paramount Pictures, and Nickelodeon amid press freedom concerns.

Fri, 25 Jul 2025 15:30:10 GMT

BT brings in new first female CEO

BT names Patricia Cobian as first female CFO as it pushes ahead with £3 billion in cost savings and accelerates full fibre broadband rollout by 2030

Fri, 25 Jul 2025 12:30:04 GMT

New factory for LVMH in Texas

LVMH's CEO reveals new Texas factory as group expects 'good outcome' from EU‑US tariff talks — Expansion plan and optimism about EU‑US negotiations

Fri, 25 Jul 2025 09:30:05 GMT

Rio Tinto to sell a business unit

Rio Tinto may sell its titanium unit amid weak prices and low returns, as incoming CEO Simon Trott considers a restructuring of the mining giant.

Fri, 25 Jul 2025 06:30:08 GMT

Trump ends green funding

Solar and wind projects in the U.S. face setbacks as Bila Solar, Heliene, NorSun, and others pause or review expansion and construction plans.

Fri, 25 Jul 2025 03:30:04 GMT

Novartis orders new drugs for $1B

Novartis will pay up to $1B to U.S. biotech Matchpoint to develop oral drugs targeting inflammatory diseases by blocking key protein activity, Matchpoint said.

Thu, 24 Jul 2025 21:30:05 GMT

Business activity in Germany increases slightly

German business activity grew slightly in July, with manufacturing rising for a fifth month and services steady, though PMI dipped to 50.3 from 50.4 in June.

Thu, 24 Jul 2025 18:30:05 GMT

Deutsche Bank sees mixed results

Deutsche Bank posted a better-than-expected Q2 profit despite mixed investment banking results and euro strength, as it nears the end of its 3-year turnaround plan.

Thu, 24 Jul 2025 15:30:04 GMT

TotalEnergies profits drop

TotalEnergies' Q2 profit dropped 23% to $3.6B, its worst in 4 years, as falling oil and gas prices offset higher output, in line with analyst forecasts.

Thu, 24 Jul 2025 12:35:04 GMT

Japan's manufacturing shrinks

Japan's manufacturing shrank in July amid U.S. tariff worries, while services grew at the fastest pace in 5 months, boosted by strong demand, a survey showed.

Thu, 24 Jul 2025 09:30:04 GMT

ECB to continue keeping the rates steady

The ECB is set to hold rates after seven cuts, pausing at 2% as it waits for clarity on EU-U.S. trade ties after inflation fell from post-COVID and war surges.

Thu, 24 Jul 2025 06:40:06 GMT

Trump to see Chair Powell

President Trump will visit the Fed Thursday after blasting Chair Powell for not cutting rates enough, even calling him a "numbskull" and hinting at firing him.

Thu, 24 Jul 2025 03:30:03 GMT

Stellantis recalls over 120,000 vehicles

Stellantis is recalling 121,398 U.S. vehicles over head restraints that may not lock properly, raising injury risks in a crash, U.S. regulators said.

Wed, 23 Jul 2025 21:30:04 GMT

Senators seek explanation on Delta's AI-based pricing

Three Democratic senators urged Delta to explain its AI-based ticket pricing, warning it could raise fares to each traveler's "pain point" and harm consumer privacy.

Wed, 23 Jul 2025 18:30:06 GMT

BoE warns of global debt rise

UK borrowing costs high amid global interest rate pressures, driven by U.S. policy mix

Wed, 23 Jul 2025 15:30:05 GMT

U.S.–Japan trade deal helps Nikkei

Nikkei jumps 3.2% after U.S.–Japan trade deal boosts investor confidence across Asian markets.

Wed, 23 Jul 2025 12:30:06 GMT

Equity outflows grow

$5.3B exits from global equity funds on tariff fears; bond and precious metal funds see inflows.

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