Economic

Financial Analysis

Renault Group sales zoom ahead after European performance boost in 2024

Renault Group sales zoom ahead after European performance boost in 2024

Car manufacturing giant Renault Group has revealed an increase of 3.5% in European sales for 2024. w...

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BP to axe thousands of jobs as it issues warning over oil and gas production

BP to axe thousands of jobs as it issues warning over oil and gas production

Energy giant BP is to cut 4,700 jobs from its workforce across the globe and 3,000 from its contract...

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How much is social media platform TikTok worth and who could buy it?

How much is social media platform TikTok worth and who could buy it?

Several parties have expressed interest in buying the platform but ByteDance has repeatedly said it ...

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UK's Sizewell C nuclear plant in doubt as EDF told to focus on France

UK's Sizewell C nuclear plant in doubt as EDF told to focus on France

At present, EDF is one of the main backers of Sizewell C, along with the UK government, with the lat...

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EU sanctions on Russian telco giant MegaFon are valid, judges say

EU sanctions on Russian telco giant MegaFon are valid, judges say

The EU was right to ban trade with Russian mobile operator Megafon following the invasion of Ukraine...

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Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

Boeing delivered less than half the number of commercial aircraft to customers than its European riv...

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Chemicals industry accused of pre-emptive strike against incoming PFAS ban

Chemicals industry accused of pre-emptive strike against incoming PFAS ban

Environmental groups have launched a broadside at the chemicals industry, accusing lobbyists of a ma...

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Global electric vehicle sales surge as China demand boosts market growth

Global electric vehicle sales surge as China demand boosts market growth

Last year turned out to be a record one for electric vehicles (EVs) with worldwide sales of battery ...

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Meta to cut 5% of workforce targeting 'lowest performers'

Meta to cut 5% of workforce targeting 'lowest performers'

Meta Platforms announced plans to reduce approximately 5% of its workforce to remove low-performing ...

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