Stellantis swiftly reshapes strategy under Elkann after Tavares exit
By Giulio Piovaccari and Nora Eckert MILAN/DETROIT (Reuters) – Steered by Chairman John Elkann, Stellantis (NYSE:STLA), owner of 14 brands including Fiat (BIT:STLAM), Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations…
US case against India’s Gautam Adani appears strong but extradition unlikely, experts say
By Luc Cohen NEW YORK (Reuters) – The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be…
Novo Nordisk to invest $1.2 billion in new plant in Denmark
STOCKHOLM (Reuters) – Danish drugmaker Novo Nordisk (NYSE:NVO) will invest 8.5 billion crowns ($1.20 billion) in a new facility in Odense, Denmark, for the production of rare disease drugs, it said on Monday. The company said in a statement the…
Morning bid: Chinese consumers shut up shop
A look at the day ahead in European and global markets from Wayne Cole. China has kicked off the week with some uninspiring data as retail sales in November rose just 3.0% y/y, when median forecasts had been for +4.6%…
Taiwan stocks lower at close of trade; Taiwan Weighted down 0.11%
Investing.com – Taiwan stocks were lower after the close on Monday, as losses in the , Electricity and Plastic sectors led shares lower. At the close in Taiwan, the Taiwan Weighted declined 0.11%. The best performers of the session on…