Latest in Stellantis hit by sales slide in US and Europe
Sort by
1,912 items
-
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - 3 hours ago -
Stellantis posts 27% drop in sales on lower shipments to U.S. and Europe
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - 2 hours ago -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Boohoo considers break-up as sales slide
The online fashion firm is mulling whether to offload its brands as sales remain under pressure.Top stories - BBC News - October 18 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - Yesterday -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Starbucks boss shakes up menu to win back customers
The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecksTop stories - BBC News - October 23 -
Philips shares slide as company blames China for lowered sales outlook
Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.Business - MarketWatch - 3 days ago -
HCA Healthcare’s stock slides 9% after earnings are weighed down by Hurricane Helene
HCA is expecting Hurricane Helene’s impact on facilities in North Carolina and Hurricane Milton’s impact on facilities in Florida in October to shave 60 cents to 90 cents off fourth-quarter EPS.Business - MarketWatch - 5 days ago -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Rachel Reeves’s Budget balancing act
The chancellor’s tax plans must avoid overburdening business and investorsBusiness - Financial Times - October 21 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - 5 days ago -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - 19 hours ago -
German president urges US to remember its ‘indispensable’ alliance with Europe
Frank-Walter Steinmeier speaks out as fears over potential Donald Trump second term haunt Joe Biden’s visit to BerlinWorld - Financial Times - October 18 -
Europe’s economy poised to fall further behind US, IMF warns
Fund pins blame on weak productivity and ageing workforce as it highlights continent’s weak post-pandemic performanceBusiness - Financial Times - 6 days ago -
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeBusiness - Financial Times - October 17 -
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaBusiness - Financial Times - October 17 -
Retail Sales Surpass Expectations, Sign of Solid US Economy
A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.Business - The New York Times - October 17 -
Starmer rejects calls for slavery reparations ahead of Commonwealth summit
PM plans to focus on ‘future-facing challenges’ such as climate change but Caribbean leaders hope to raise the issueWorld - Financial Times - October 23 -
EU markets watchdog pushes for extra cyber defences in new crypto rules
Esma asks for amendment to tighten regulation with demand for external audits of defences against hackersWorld - Financial Times - October 16 -
How big is ‘big enough’ for China’s stimulus?
Some estimates and theoriesWorld - Financial Times - October 16 -
US hits Houthis with precision strikes on weapon facilities in Yemen
The U.S. announced late Wednesday that it had conducted multiple strikes on Yemen’s Houthi rebel group, targeting its underground bunkers with stealth bombers. U.S. Central Command (CENTCOM) said ...Politics - The Hill - October 17 -
McDonald’s hit as Quarter Pounders tied to US E. coli outbreak
Fast-food chain withdraws signature burger from four states after 49 infections and one deathBusiness - Financial Times - October 22 -
Microsoft Warns Foreign Disinformation Is Hitting the US Election From All Directions
Russia, Iran, and China are targeting the US election with an evolving array of influence operations in the last days of campaign season.Tech - Wired - October 23 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - 6 days ago -
China’s largest coffee chain plans to take on Starbucks in US
Luckin Coffee’s expansion into rival’s home market comes five years after company was delisted from Nasdaq and finedBusiness - Financial Times - 2 days ago -
Chinese sanctions hit US drone maker supplying Ukraine
Move by Beijing leaves California company rushing to find new battery providersWorld - Financial Times - 9 hours ago -
Stellantis Car Deliveries Slump on U.S. Woes
Stellantis vehicle deliveries fell 20% in the third quarter as the Jeep and Ram-maker began to take measures to address excess inventory in the U.S.Business - The Wall Street Journal - October 16 -
-
ASML just gave us a first glimpse into how U.S. chip export curbs will dent its China sales
ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.Business - CNBC - October 17 -
France to take stake in Sanofi unit to quell backlash over sale to US firm
Move follows fears over jobs and control when private equity firm CD&R entered talks to buy Opella for €16bn. The French government is to take a stake in the pharmaceutical company Sanofi’s ...World - The Guardian - October 21 -
US approves $2B in arms sales to Taiwan including advanced missile defense system
The United States has approved $2 billion in arms sales to Taiwan, including the delivery for the first time to the island of an advanced surface-to-air missile defense systemWorld - ABC News - 4 days ago -
Nvidia hits new record as US ‘soft landing’ hopes drive tech rebound
Renewed confidence over health of world’s biggest economy brings fresh momentum to megacap stocksWorld - Financial Times - October 14 -
Middle East crisis live: US warns Israel it will withhold arms funding if Gaza aid doesn’t improve
US state department confirms reports that secretary of state and defense secretary warned Israel . See all our Middle East coverage here Israeli military strikes killed at least 40 ...World - The Guardian - October 15 -
Listeria recall expands to nearly 12 million pounds of meat, hits US schools
BrucePac has recalled additional products and production dates.Top stories - ABC News - October 16 -
Trump speaks at Al Smith dinner after Harris during rally ridicules ‘father of IVF’ claim – US politics live
Donald Trump receives warm response and criticises lack of personal appearance by Kamala Harris, who spotlights reproductive rights during rally in Green Bay, Wisconsin. Don’t miss important US ...World - The Guardian - October 18
