News

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Wed, 08 Oct 2025 06:30:04 GMT

Standard Chartered presents new CEO

Standard Chartered named Roberto Hoornweg CEO of corporate and investment banking as co-head Sunil Kaushal plans to retire in March 2026 after 27 years.

Wed, 08 Oct 2025 03:30:04 GMT

Luxury rises

European luxury stocks jumped, lifting the sector index to a May high, as fresh designs and affordability boost hopes; Kering, Dior, LVMH rose 3%–7% by midday.

Tue, 07 Oct 2025 21:30:04 GMT

Mercedes-Benz sales falls

Mercedes-Benz Q3 sales fell 12% to 441,500 vehicles, hit by U.S. tariffs and tough China competition; U.S. sales dropped 17%, China down 27%.

Tue, 07 Oct 2025 18:30:04 GMT

PayPal to integrate India

India's UPI operator is the first payments partner on PayPal's new platform, PayPal World, CEO Alex Chriss announced Tuesday.

Tue, 07 Oct 2025 15:30:04 GMT

Tariffs on Trucks

Trump announced a 25% tariff on all imported medium and heavy-duty trucks starting Nov 1, aiming to protect U.S. makers like Peterbilt, Kenworth, and Freightliner.

Tue, 07 Oct 2025 12:30:04 GMT

Tesla to lower prices

Tesla is set to unveil a more affordable Model Y SUV to boost sales and market share, using existing designs after canceling plans for a $25K EV last year.

Tue, 07 Oct 2025 09:30:05 GMT

Goldman Sachs sees gold higher

Goldman Sachs raised its Dec 2026 gold forecast to $4,900/oz from $4,300, citing strong ETF inflows and likely central bank buying, with risks still skewed upward.

Tue, 07 Oct 2025 06:30:07 GMT

Chinese cars moving to European markets

Blocked in the U.S., Chinese self-driving firms are expanding in Europe, raising competition fears as they set up HQs, test tech, and strike data deals.

Tue, 07 Oct 2025 03:30:05 GMT

Renault plans to cut 3,000 jobs

Renault plans to cut 3,000 jobs in support roles like HR, finance, and marketing under its "Arrow" cost-saving plan,

Mon, 06 Oct 2025 21:30:05 GMT

New prime minister in Japan

Sanae Takaichi won Japan's ruling party race, likely becoming its first female PM. Her fiscal stance may rattle markets and strain ties with China, analysts say.

Mon, 06 Oct 2025 18:30:04 GMT

OPEC+ to raise output

OPEC+ will raise oil output by 137,000 bpd in November, matching October's hike, amid concerns of a supply glut. Output targets rose 2.7M bpd in 2025 so far.

Mon, 06 Oct 2025 15:30:06 GMT

Shell U.S. President comments on Trump

Shell U.S. President said Trump's move to halt approved offshore wind projects harms investment and warned future U.S. politics could swing against oil and gas.

Mon, 06 Oct 2025 12:30:06 GMT

Vietnam's footwear exports fall

Vietnam's footwear exports to the U.S. fell 27% in Sept to $611M after new tariffs. Textile exports dropped 20%, and phone shipments slid 24.38%, data showed.

Mon, 06 Oct 2025 09:30:04 GMT

Aston Martin sees lower performance

Aston Martin expects its 2025 profit below market forecasts due to a tough economy and tariffs, the luxury carmaker said on Monday.

Mon, 06 Oct 2025 06:40:04 GMT

Services sector in India rises

India's services sector growth eased to 60.9 in Sept from 62.9 in Aug on weaker overseas demand, but remained strong and business optimism improved.

Mon, 06 Oct 2025 03:30:05 GMT

Goldman Sachs CEO sees possible drawdown

Goldman Sachs CEO says markets may face a drawdown soon as AI hype drives stocks too fast, like the dotcom bubble, with winners and losers ahead.

Fri, 03 Oct 2025 21:30:03 GMT

Central banks must be prepared for unpredictable changes

Fed's John Williams says central banks must adapt to inevitable, unpredictable changes. He didn't comment on U.S. policy after last month's rate cut.

Fri, 03 Oct 2025 18:30:10 GMT

General Dynamics wins a task order worth over one billion

General Dynamics won a $1.25B contract to support the U.S. Army in Europe and Africa, following a $1.5B deal last week. The contract includes 7 option years.

Fri, 03 Oct 2025 15:30:07 GMT

BOJ Governor says inflation target is near

BOJ Governor Ueda said inflation is nearing target but global risks may slow wage growth. He kept options open on an October rate hike, citing economic forecasts.

Fri, 03 Oct 2025 12:30:06 GMT

Veteran Board member in Roche steps down

Roche said Claudia Suessmuth Dyckerhoff will not seek re-election to its board after being nominated to join the board of another healthcare company.

Fri, 03 Oct 2025 11:25:06 GMT

Tesla shareholders vote against Elon's pay

Tesla shareholders, including SOC and state officials, urged a vote against Elon Musk's $1T pay and re-election of 3 board members ahead of the November meeting.

Fri, 03 Oct 2025 06:30:06 GMT

Tesla's Q3 deliveries beat estimates

Tesla's Q3 deliveries beat estimates, boosted by U.S. EV tax credit rush despite weak Europe demand. Shares rose 3.1% as the company reported record deliveries.

Fri, 03 Oct 2025 03:30:04 GMT

Banks want to see easier capital rules

Trump regulators plan to ease bank capital rules, reversing expected hikes under Biden in a major win for big lenders aiming to cut red tape and boost the economy.

Thu, 02 Oct 2025 21:30:05 GMT

ex-Deutsche Bank employees sue the bank

Five ex-Deutsche Bank staff are suing the bank after being acquitted in 2022 of charges tied to a major Italian scandal involving Monte dei Paschi's hidden losses.

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