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Nvidia stock soars on US-Saudi AI deal backed by Trump, bin Salman
Nvidia experienced a substantial increase in its market value following extensive AI investment agreements facilitated by collaboration between the United States and Saudi Arabia's...
Read Full Article →Mercedes moving production of its GLC SUV from Germany to the US
Relocating GLC SUV manufacturing to the United States reflects strategic adjustments by automakers to mitigate costs and maintain competitiveness amid evolving international trade...
Read Full Article →Nissan to shed 20,000 jobs as Japanese automaker reports loss
The reduction of roughly 15% of its international staff reflects Nissan's efforts to address financial challenges following the announcement of a fiscal year loss.
Read Full Article →Sixt shares plummet as firm remains unprofitable despite softer losses
Despite reducing its losses, the car rental company continues to face unprofitability and stagnant revenue in its primary market, contributing to a significant decline in its stock...
Read Full Article →Munich Re reports wildfire losses but sticks with profit outlook
Munich Re experienced a substantial reduction in net earnings due to wildfire-related claims, significantly impacting its property and casualty reinsurance divisions, yet the compa...
Read Full Article →Bayer shares soar as company records strong cancer drug demand
Bayer’s pharmaceutical segment significantly boosted its revenue in the first quarter, contributing to a notable increase in share value despite underperformance in the agricultura...
Read Full Article →UniCredit lifts outlook as it beats expectations with record profit
Italy’s second largest bank reported its strongest quarterly earnings to date, surpassing forecasts and prompting an upgraded forecast, highlighting its improving financial perform...
Read Full Article →Saudi Arabian oil giant Aramco takes hit due to lagging oil prices
Aramco’s profitability has been affected by declining crude prices, while Saudi Arabia plans substantial investments in the United States during the anticipated continuation of the...
Read Full Article →Trump hails 'great progress' as US-China trade talks in Geneva continue
Ongoing discussions between the United States and China in Geneva aim to address trade disputes, potentially impacting tariffs and economic relations between the two largest global...
Read Full Article →Are we witnessing the end of US exceptionalism — and the beginning of European renaissance?
The shifting global landscape highlights the rise of China as a major economic and military force, challenging traditional dominance and prompting Europe to reassess its role amid...
Read Full Article →Commerzbank reports profit surge as it fends off UniCredit bid
Commerzbank achieved its highest quarterly earnings in over a decade, demonstrating strong financial performance that may influence ongoing acquisition discussions with UniCredit.
Read Full Article →EU prepares for trade retaliation if negotiation with US fails
The European Commission has proposed measures that may impose tariffs on a wide range of American goods, potentially affecting billions of euros in trade value if diplomatic effort...
Read Full Article →WeightWatchers files for bankruptcy in a bid to cut its debt
The company facing persistent financial challenges disclosed intentions to initiate bankruptcy proceedings to restructure its obligations and collaborate with creditors in an effor...
Read Full Article →BMW Group profits plunge but outlook maintained despite tariff pressures
The German automaker experienced a decline in earnings compared to last year but reaffirmed its financial goals, anticipating that recent increases in US trade tariffs will not hav...
Read Full Article →Novo Nordisk cuts guidance as weight-loss drug market competition grows
Novo Nordisk's quarterly results surpassed expectations, yet the company reduced its future growth projections due to increasing rivalry within the weight management pharmaceutical...
Read Full Article →Ferrari starts year with racing profit but warns of tariff impact
Ferrari experienced increased earnings in early 2025 due to high demand for customized models, although it cautioned that upcoming tariffs could affect future financial performance...
Read Full Article →EU sends top officials to Washington for tariff talks
Senior representatives from the EU and the US are engaging in discussions aimed at resolving tariff disputes, which could have important implications for international trade and ec...
Read Full Article →Ford expects a €1.39bn hit from Donald Trump’s tariffs in 2025
Ford anticipates a substantial financial impact due to upcoming US trade barriers, leading the company to revise its full-year outlook amid concerns over market unpredictability an...
Read Full Article →UBS to pay hundreds of millions to settle Credit Suisse US tax probe
UBS will incur a substantial financial payment to resolve the US authorities’ two-year inquiry related to Credit Suisse, emphasizing its stance against any participation in tax eva...
Read Full Article →Mattel plans to increase prices for some toys to offset tariff costs
Mattel aims to adjust product pricing to balance additional expenses, while expanding manufacturing locations beyond China to reduce future financial pressure from trade tariffs.
Read Full Article →Film industry fears being swept into EU-US tariff war
The potential introduction of tariffs on imported movies could jeopardize recent regulations supporting European content on streaming services, impacting the financial stability an...
Read Full Article →Audi records strong performance boosted by electric vehicle sales
Audi's first-quarter results reflect increased revenue from electric vehicles, yet overall growth remains uncertain due to challenging market conditions and ongoing geopolitical in...
Read Full Article →Why are more private equity companies entering the travel sector?
Private equity firms are increasingly investing in hospitality businesses to enhance their value and operational efficiency, aiming to maximize returns when they eventually sell th...
Read Full Article →Unemployment in the eurozone remains at a record low in March
Despite ongoing concerns about US tariffs, the eurozone's labor market shows financial resilience as joblessness stays near historically minimal levels, supporting overall economic...
Read Full Article →Shell launches multi-billion share buyback after beating expectations
Shell’s decision to repurchase $3.5 billion of its shares over the coming quarter reflects its ongoing commitment to returning value to shareholders following a series of strong fi...
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