U.S. official confirms strikes against Iran underway: Reuters
[ad_1] TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images) – | Afp | Getty Images A U.S. official has confirmed that American forces attacked Iran, the Reuters news agency reported on Saturday. Earlier, Israel launched a daylight attack Saturday on Iran’s […]
Jeep maker Stellantis posts first annual loss in company history after EV writedowns
[ad_1] Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy, on November 25, 2025. Nurphoto | Nurphoto | Getty Images Auto giant Stellantis on Thursday reported its first-ever annual loss after posting substantial charges amid a major strategic shift. The multinational conglomerate, which owns […]
Novo Nordisk sinks 10% after weight loss drug fails to match Eli Lilly’s in trial
[ad_1] Novo Nordisk stock fell over 10% Monday after it said its next-generation weight loss drug didn’t meet its primary target. The drug, CagriSema, didn’t achieve its primary endpoint of demonstrating non-inferiority on weight loss when compared to Eli Lilly‘s rival drug tirzepatide after 84 weeks, Novo said in a statement Monday morning. Eli Lilly‘s […]
King Charles’ brother Andrew arrested on suspicion of misconduct
[ad_1] FILE PHOTO: Britain’s Prince Andrew leaves Westminster Abbey following the coronation ceremony of Britain’s King Charles and Queen Camilla, in London, Britain May 6, 2023. Toby Melville | Reuters U.K. police on Thursday arrested King Charles III’s brother, Andrew Mountbatten-Windsor, on suspicion of misconduct in public office, with the monarch expressing his “deepest concern” […]
Mercedes shares fall 5% after full-year earnings halve on tariffs, China competition
[ad_1] The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by […]
BP shares fall 5% after oil major suspends share buyback plan
[ad_1] Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying […]
Stellantis shares plunge 27% after automaker announces $26 billion hit from business overhaul
[ad_1] Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025. Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European trading on Friday, after the company said it expects to take a 22-billion-euro […]
Sweden’s Volvo Cars on track for worst trading day ever as shares plunge over 18%
[ad_1] This photograph shows a partial view of a Volvo X30 electric car with the company logo at the Volvo factory in Ghent on April 25, 2025. This factory will produce the Volvo X30 100% electric model for the European market. Nicolas Tucat | Afp | Getty Images Shares of Sweden’s Volvo Cars tumbled as […]