Economic

Financial Analysis

TotalEnergies' profits hit by lower refining margins in Europe

TotalEnergies' profits hit by lower refining margins in Europe

French energy giant TotalEnergies revealed its third quarter 2024 earnings on Thursday, recording a ...

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Stellantis revenue plunges as falling EU and US sales hit car giant

Stellantis revenue plunges as falling EU and US sales hit car giant

Troubled carmaker Stellantis reported net revenues of €33bn for the three months to 30 October, whic...

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Chinese carmaker SAIC to sue EU over new 45% tariffs, stoking trade tensions

Chinese carmaker SAIC to sue EU over new 45% tariffs, stoking trade tensions

China's SAIC Motor plans to take the European Commission to the European Court of Justice over 45% t...

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BNP Paribas records boost in net income on strong corporate banking

BNP Paribas records boost in net income on strong corporate banking

French bank BNP Paribas on Thursday revealed a robust group share net income of €2,868m for its thir...

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Starbucks CEO sets four-minute service goal to reinvigorate sales

Starbucks CEO sets four-minute service goal to reinvigorate sales

“We have to make it easier for our customers to get a cup of coffee,” Niccol said in his first confe...

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Siemens buys US software group in deal worth billions of euros

Siemens buys US software group in deal worth billions of euros

Altair Engineering is a leading provider of software in the industrial simulation and analysis marke...

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Microsoft and Meta shares fall amid slower growth prospects

Microsoft and Meta shares fall amid slower growth prospects

Microsoft and Meta reported September quarter earnings that beat market expectations but failed to i...

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Germany’s auto industry prepares for job losses in electric transition

Germany’s auto industry prepares for job losses in electric transition

Germany’s auto industry is preparing for a big shift in employment as it transitions toward electric...

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Russia fines Google more than the world’s total GDP over YouTube bans

Russia fines Google more than the world’s total GDP over YouTube bans

Google has been fined in Russia for removing Russian TV channels from YouTube. The size of the penal...

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