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By Sruthi Shankar and Shashwat Chauhan (Reuters) - European shares closed lower on Monday, bogged down by heavyweight luxury and energy shares after disappointing China data, while French stocks...
Investing.com -- Shares of Porsche (ETR:PSHG_p) were down on Monday after the company withdrew its full-year 2024 profit guidance after identifying an expected impairment loss in its investments...
(Reuters) -Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump's threat of hefty tariffs on goods would harm the economies of all involved,...
Investing.com -- Volkswagen (ETR:VOWG) is reportedly planning major layoffs as part of a major cost-cutting move aimed at reducing expenses by €4 billion. “As we understand it, this is the amount...
Investing.com -- Porsche (ETR:P911_p) 's (ETR:PSHG_p) stock inched up higher on Wednesday following a favorable shift in its outlook by Citi Research, which upgraded the luxury automaker to “buy”...
Investing.com -- Porsche Automobil Holding SE (ETR:PSHG_p), a major shareholder in both Volkswagen (ETR:VOWG) and Porsche AG (ETR:P911_p), has been downgraded to Hold from Buy by analysts at...
Investing.com - European stock markets edged lower Monday, as investors prepared for important policy-setting meetings from both the U.S. Federal Reserve and the Bank of England. At 03:05 ET (07:05...
Swedish automaker Volvo has abandoned its plan to sell only fully electric vehicles by 2030 as the global slowdown continues to affect the electric vehicle (EV) market. Known for its environmental...
Investing.com - Volkswagen (ETR:VOWG_p) stock fell Wednesday after the German auto giant issued a profit warning, stating that it may also close a plant of its luxury brand Audi. At 06:05 ET (10:05...
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