Renault 2024 sales volumes grow 1.3%, helped by hybrids
French automaker Renault said on Thursday that sales grew by 1.3% in 2024, with a strong fourth quarter driven by…
Stocks Rise on Fed Rate-Cut Bets, Earnings Boost: Markets Wrap
Global stocks rose Thursday, lifted by data showing cooling US core inflation and a slew of robust corporate earnings. Europe’s…
Gold Holds Gain as US Inflation Data Boosts Rate-Cut Optimism
Gold advanced after a surprise slowdown in US inflation revived expectations for Federal Reserve rate cuts this year. Bullion traded…
Biggest IKEA retailer to invest $1 billion in recycling firms
The investment arm of Ingka Group, the biggest global IKEA retailer, said it will invest 1 billion euros ($1.03 billion)…
Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions
The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid…
Wall Street Sees Best CPI Day Since October 2023: Markets Wrap
Wall Street breathed a sigh of relief after a surprise slowdown in inflation spurred a stock rally and a plunge…
Nokia signs multi-year patent license agreement with Samsung
Finland’s Nokia (NOK) said on Wednesday it had signed a multi-year patent license agreement with Samsung , for the use…
Exclusive-Meta warns India antitrust ruling could force roll back of features, hurt business
Meta may have to “roll back or pause” some features in India due to an antitrust directive which banned its…
Oil steadies near $80 as IEA sees smaller surplus this year
Oil was little changed near $80 a barrel, as the impact of US sanctions against Russian flows continued to reverberate…
Intel to spin off its venture capital arm
Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a…