Norwegian Cruise downgrades 2023 profit target on higher costs, Israel war
(Reuters) – Norwegian Cruise Line Holdings on Wednesday warned of a hit to its annual profit from elevated fuel costs…
Volkswagen not planning next gigafactory site at present -Blume
(Reuters) – German car group Volkswagen (ETR:VOWG_p) has no plans for another battery factory site at present, Chairman Oliver Blume…
Ferrari has no current plans to move registered office from the Netherlands
(Reuters) – Luxury sports carmaker Ferrari (NYSE:RACE) has no plans to transfer its registered office from the Netherlands at the…
Thomson Reuters’ third-quarter profit beats estimates
(Reuters) – Thomson Reuters Corp on Wednesday reported higher-than-expected third-quarter profit as its biggest divisions serving legal, tax and accounting…
Alibaba’s stock value faces turbulence amid regulatory crackdown and restructuring
Alibaba (NYSE: NYSE:BABA), the Chinese e-commerce and cloud giant, has seen a significant decrease in its stock price, from a…
Asian markets respond to potential Federal Reserve decision and Japan’s currency intervention
Asian stocks and the Japanese yen saw a boost today, as traders anticipate the Federal Reserve’s policy decision and respond…
Lloyds Banking Group’s shares underperform amid global financial turmoil, eyes recovery in 2024
Lloyds Banking Group (LON:LLOY), also known as the Black Horse bank, has been grappling with a consistent underperformance against the…
Nippon Steel lifts annual outlook on improved first-half margins
(Reuters) – Nippon Steel, Japan’s top steel producer, lifted its net profit forecast for the year through end-March to reflect…
Finland’s Neste to cut 400 jobs due to increasing competition
(Reuters) – Finland’s Neste said on Wednesday it plans to save 50 million euros ($53 million) annually through measures that…
Tata Motors records substantial sales growth in October 2023
Tata Motors (NYSE:TTM), the Indian multinational automotive company, has revealed a significant increase in its total sales for October…