VW’s Skoda Auto posts 6.9% rise in 2024 deliveries
PRAGUE (Reuters) – Global deliveries for Czech carmaker Skoda Auto, part of the Volkswagen (ETR:VOWG_p) Group, rose by 6.9% in 2024, to 926,600 vehicles, boosted by rising sales in Europe…
Earnings bar lowered for Europe, but recovery possible, says Barclays
Investing.com — IBES earnings per share (EPS) growth estimates for Q4 2024 have been sharply reduced to just 2% for Europe, compared to a more modest cut to 8% in…
ASOS to close Atlanta distribution center
Investing.com — ASOS (LON:ASOS) on Wednesday announced plans to mothball its Atlanta distribution center in the second half of 2025, marking a shift in the company’s logistics strategy in the…
Pfizer to sell $3 billion stake in Sensodyne maker Haleon
(Reuters) -Pfizer will sell shares worth 2.50 billion pounds ($3.05 billion) in Haleon, lowering its stake in the British consumer healthcare company to about 7.3% from 15%, its bookrunner JPMorgan…
European shares advance as bond yields ease; soft inflation powers UK stocks
(Reuters) – European shares opened higher on Wednesday due to broad-based gains as bond yields took a breather ahead of a crucial inflation reading in the United States, while British…
Indonesia stocks higher at close of trade; IDX Composite Index up 1.68%
Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Financials, Infrastructure and Agriculture sectors led shares higher. At the close in Jakarta, the IDX…
S&P 500 still dependent on Tech to drive growth this season: Barclays
Investing.com — The S&P 500 (SPX) remains dependent on technology stocks to drive growth in the Q4 2024 earnings season, Barclays (LON:BARC) strategists said in a note Wednesday. The performance…
China mulls TikTok US sale to Elon Musk as a potential solution
Chinese officials are reportedly exploring a scenario where Elon Musk could acquire the US operations of TikTok if the short-video app fails to overcome a looming ban in the United…
CAC 40 analysis as EUR/USD eyes parity, France bond yields surge
The CAC 40 index remained on edge as the euro crashed to near parity and French government bond yields rallied. The index, which tracks the biggest blue-chip companies in France,…
IAG share price has surged: will it fly or sink in 2025?
The International Consolidated Airline (IAG) share price has thrived in the past two years. It rose by over 90% in 2024, becoming the best-performing company in the FTSE 100 index.…