Volkswagen calls for 10% pay cuts
(Reuters) – Volkswagen (ETR:VOWG_p) wants its workforce to take pay cuts of 10% in order to remain competitive and safeguard…
Ubisoft expects 39% drop in third-quarter net bookings
(Reuters) -French video game producer Ubisoft expects net bookings for its third quarter to be down about 39% year on…
European Commission to launch investigation into Temu, Bloomberg reports
LONDON (Reuters) – The European Commission is set to launch an investigation into Chinese online retail platform Temu over whether…
Super Micro Computer says Ernst & Young resigns as auditor, shares tank
(Reuters) -Super Micro Computer said on Wednesday Ernst & Young had resigned as its auditor, sending its shares tumbling more…
Airbus Q3 results top estimates on strength in helicopter, aircraft deliveries
Investing.com — Airbus reported Thursday third-quarter results that topped analyst expectations, and maintained its guidance for the full year. …
Airbus upholds full-year targets as Q3 profit rises
PARIS (Reuters) – Airbus maintained financial and industrial targets as it posted higher-than-expected third-quarter core profit and revenues on Wednesday,…
What’s next for Boeing, GE, and major US industrial stocks after the election?
With the US presidential election mere days away, manufacturers brace for potential policy shifts that could reshape the industry’s trajectory…
Gold rises ahead of key US economic data; copper prices fall
Gold prices rose on Tuesday ahead of the US Presidential election on November 5 and a string of key economic…
What do France’s debt problems mean for Europe?
It is hard to be optimistic about France’s financial situation lately. Last week, Moody’s downgraded France’s credit outlook from “stable”…
ByteDance founder Zhang Yiming tops Hurun’s China rich list with $49.3B fortune
ByteDance founder Zhang Yiming has been crowned China’s wealthiest person, according to the Hurun Research Institute, displacing Nongfu Spring’s Zhong…