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Finance

Mercedes profit forecast illustration
Mercedes Cost Cuts Boost Profit but Sales Falter
Mercedes-Benz (MBG.DE) posted a 22% jump in second-quarter operating profit on Tuesday, yet cut its full-year sales forecast as persistent weakness in China overshadows the group’s accelerating cost-reduction drive. Investors holding European auto exposure face a sharpening...
Allianz bancassurance deal illustration
HSBC Boosts Equity with Allianz Deal in Singapore
HSBC (0005.HK / HSBA.L) agreed to sell its Singapore life and health insurance unit to Germany’s...
Volkswagen Downgrades 2026 Sales Amid China Slump
Volkswagen Group (VOW3.DE) cut its 2026 sales forecast on Friday, now projecting a decline of up to 3%, after a sharp drop in second-quarter operating...
UniCredit's Bold Move in EU Bank Deals
Cathay's 2026 Profit Bolstered by Cargo Revival
Nike's Bold Move to Streamline China Distribution
GM Earnings Scrutinized Amidst Tariffs & EV Credit Expiry
Coca-Cola Plots India IPO with Wall Street Giants
Ryanair margin threats illustration
Ryanair Faces Margin Pressure Amid Fuel, Fare Uncertainty
1 week ago
Ryanair (RYA.IR) shares fell 4% at Monday’s open after Europe’s largest low-cost carrier flagged flat summer fares and surging unhedged jet-fuel costs tied to the ongoing...
Boeing self-certification illustration
Boeing Regains 737 MAX Self-Certification
1 week ago
Boeing (BA) shares edged higher on July 17 after the FAA restored the jet maker’s authority to self-certify 737 MAX and 787 Dreamliner airworthiness, a regulatory milestone...
GameStop eBay takeover illustration
GameStop's Bold Bid: 10% Stake in eBay Explored
1 week ago
GameStop (GME) disclosed a nearly 10% economic interest in eBay (EBAY) through a combination of direct shares and cash-settled derivatives, escalating a takeover campaign that...
Poste Italiane TIM takeover illustration
Poste's €11bn TIM Takeover Gets Unanimous Board Nod
1 week ago
Telecom Italia (TLIT.MI) board unanimously endorsed Poste Italiane’s (PST.MI) €11 billion cash-and-share takeover bid on Saturday, clearing the way for Italy’s largest...
gilead ouro deal illustration
Brazil Tariff Risks: Supply Chain Disruptions Loom
1 week ago
Washington confirmed a 25% Section 301 tariff on most Brazilian imports effective July 22, with a separate forced-labor probe threatening to stack an additional 12.5% duty within...
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Lucid bankruptcy rumors illustration
Lucid Shares Dive 16% Amid Bankruptcy Rumors
1 week ago
Shein Hong Kong IPO illustration
Shein's IPO: Major Discount for Hong Kong Launch
2 weeks ago
Nippon Paint Akzo deal illustration
Nippon Paint Eyes Akzo's €7.5B Decor Division
2 weeks ago
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