Stellantis fourth quarter shipments fall 9% y/y
ROME (Reuters) – Stellantis (NYSE:STLA)’ said on Thursday its fourth quarter shipments were down 9% compared to the previous year, to 1.395 million vehicles. In the final three months of 2024 shipments were down 28% in North America, fell 6%…
Japan stocks higher at close of trade; Nikkei 225 up 0.32%
Investing.com – Japan stocks were higher after the close on Thursday, as gains in the Banking, Services and Electrical/Machinery sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.32%. The best performers of the session on…
Cartier owner Richemont posts 10% jump in Q3 sales
ZURICH (Reuters) -Richemont , the owner of Cartier jewellery, beat market expectations for third-quarter sales, it said on Thursday, in a positive sign for the high-end of the luxury sector over the all-important holiday season. The Swiss company’s sales jumped…
Biggest IKEA retailer to invest $1 billion in recycling firms
By Helen Reid LONDON (Reuters) – The investment arm of Ingka Group, the biggest global IKEA retailer, said it will invest 1 billion euros ($1.03 billion) into recycling companies as it aims to better manage the waste created when IKEA…
Explainer-China’s RedNote: what you need to know about the app TikTok users are flocking to
BEIJING (Reuters) – Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the…
Taiwan says exclusion from new US curbs on AI tech should ‘give confidence’
TAIPEI (Reuters) – Taiwan’s exclusion from the new U.S. curbs on artificial intelligence (AI) chip and technology exports should “give confidence” about Taipei’s own controls and respect for the law, the island’s government said on Wednesday. The U.S. said on…