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Categories Investing

SAIC Motor sees up to 90% drop in 2024 profits

January 24, 2025

Investing.com — SAIC Motor Corp., the Chinese collaborator of General Motors Co (NYSE:GM)., has announced that its preliminary profit for 2024 could

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Categories Investing

SES SA shores up bonds amid rising competition

January 24, 2025

Investing.com — Satellite operator SES SA has taken steps to bolster its bonds, which have recently been under pressure due to increasing

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Categories Investing

France pushes for overhaul of European ESG regulations

January 24, 2025

Investing.com — France is advocating for a significant revision of European regulations, particularly those related to Environmental, Social, and Governance (ESG) rules.

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Categories Investing

Burberry gets holiday boost thanks to American shoppers

January 24, 2025

By Helen Reid and Yadarisa Shabong (Reuters) -British luxury brand Burberry (LON:BRBY) reported a smaller than expected 4% drop in quarterly

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Categories Investing

Monte Paschi eyes bid for Mediobanca – report

January 24, 2025

Investing.com — Banca Monte dei Paschi di Siena SpA  (BIT:BMPS)is reportedly assessing the possibility of buying full or partial control of Mediobanca

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Categories Investing

Factbox-Who owns what in Italy’s banking battles

January 24, 2025

ROME (Reuters) – Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout

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Categories Investing

EXPLAINER-How would a US bitcoin strategic reserve work?

January 24, 2025

By Gertrude Chavez-Dreyfuss and Lisa Pauline Mattackal WASHINGTON (Reuters) – President Donald Trump ordered the creation of a digital asset working group on

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Categories Investing

Ericsson’s Q4 revenue, core profit rises on US demand recovery

January 24, 2025

STOCKHOLM (Reuters) – Swedish telecom equipment maker Ericsson (BS:ERICAs) reported on Friday a rise in fourth-quarter revenue and adjusted operating profit as

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Categories Investing

Harry Potter publisher Bloomsbury strikes supply agreement with Amazon

January 24, 2025

(Reuters) – Harry Potter publisher Bloomsbury Publishing said on Friday it has reached a new long-term supply agreement with Amazon (NASDAQ:AMZN). The publishing

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Categories Investing

Monte dei Paschi launches 13.3-billion-euro all share bid for Mediobanca

January 24, 2025

By Valentina Za MILAN (Reuters) – Bailed-out lender Monte dei Paschi di Siena (MPS) said on Friday it was launching a 13.3 billion

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Categories Investing

Rolls-Royce secures £9 bln Unity contract for UK submarine fleet

January 24, 2025

Investing.com — Rolls-Royce (LON:RR) on Friday said that it has won the biggest defence contract in its history, as the UK Ministry

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Categories Investing

Signify says CEO Rondolat to step down amid falling profits

January 24, 2025

By Hugo Lhomedet and Leo Marchandon (Reuters) -Signify, the world’s biggest maker of lights, on Friday reported a nearly 10% drop in its

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Categories Investing

Ascentage Pharma shares slide ahead of ADS debut on Nasdaq

January 24, 2025

Investing.com– Ascentage Pharma Group International (HK:6855) shares plunged on Friday in Hong Kong trading, as investors turned cautious ahead of the biotech

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Categories Investing

Australia stocks higher at close of trade; S&P/ASX 200 up 0.36%

January 24, 2025

Investing.com – Australia stocks were higher after the close on Friday, as gains in the Consumer Discretionary, Healthcare and Consumer Staples sectors

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Categories Investing

LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years

January 24, 2025

By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand

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Categories Investing

Kia posts operating profit of 12.7 trln won in 2024

January 24, 2025

SEOUL (Reuters) – South Korean automaker Kia Corp on Friday posted an operating profit of 12.67 trillion won ($8.85 billion) for 2024,

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