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Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - 7 hours ago -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - 6 hours ago -
BYD quarterly sales beat Tesla for first time
Warren Buffett-backed Chinese carmaker’s revenues surge 24 per cent but fierce competition slims marginsBusiness - Financial Times - 4 hours ago -
The Coolest Batman Lego Sets On Sale Right Now
While many superheroes have gotten the Lego treatment, few have been featured in as many sets as Batman. From large-scale scenes featuring a bunch of minifigures to highly detailed models, there ...Tech - GameSpot - 4 hours 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 - 1 hour ago -
EU to pursue Temu for alleged sale of illegal products
Consumer groups have raised concerns about toxic goods sold on platformWorld - Financial Times - 53 minutes ago -
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China's September Auto Sales Reverse Five-Month Declines
China’s passenger-vehicle sales rose in September, reversing five months of declines thanks to supportive government policies and improving consumer sentiment.Business - The Wall Street Journal - October 12 -
We're buying more of a stock that has gone on sale since reporting earnings
The purchase will increase the stock's weighting in our portfolio to 2.75% from 2.58%.Business - CNBC - October 14 -
True Value declares bankruptcy, lines up sale to rival hardware chain
True Value, a national hardware brand founded in 1948, said it has a deal to be acquired by rival Do it Best.Top stories - CBS News - October 14 -
Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise
Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.Business - MarketWatch - October 15 -
Ericsson Expects Market to Stabilize as Key North America Sales Rise
The Swedish telecommunications-equipment company said its key networks unit saw an 80% surge in North America sales in the third quarter after winning contracts and as some large customers made ...Business - The Wall Street Journal - October 15 -
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
National Retail Federation predicts record 2024 holiday sales
Holiday sales are poised to set a new record in 2024 and could increase by as much as 3.5 percent from 2023, the National Retail Federation (NRF) announced Tuesday. The NRF forecasts holiday retail ...Politics - The Hill - October 15 -
Trump's coin sale misses early targets as crypto project's website crashes
Former President Donald Trump's launch of the token sale for his crypto project on Tuesday was plagued by problems.Business - CNBC - October 16 -
EU sticks to 2035 deadline for ban on sale of new petrol-driven cars
Remarks prepared for incoming climate commissioner defend controversial measureWorld - Financial Times - October 16 -
Klarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioBusiness - Financial Times - October 16 -
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 -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17 -
ASML says chip-market slump will mainly impact sales to China
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China ...Business - MarketWatch - October 16 -
Trump's coin sale misses early targets as crypto project's website crashes
Donald Trump’s new crypto project is off to a rough start.Top stories - NBC News - October 16
