January 28, 2026
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December 12, 2025
“French biotech company Abivax SA started the year with a market value of less than $500 million. After a meteoric rally, it’s now worth more than $8 billion — and some analysts see the potential for even more gains. The… Continue Reading…
May 28, 2025
“Tesla sold 7,261 cars in Europe in April, down 49% year on year, according to the European Automobile Manufacturers’ Association. Tesla brand equity has been declining since 2024 owing largely to CEO Elon Musk’s incendiary political rhetoric and government work.… Continue Reading…
April 3, 2025
““That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure,” German economy minister Robert Habeck said Thursday. Elsewhere, outgoing German Chancellor Olaf Scholz said he believed the latest tariff decisions by… Continue Reading…
September 24, 2024
“Mercedes shares fell more than 6% Friday after becoming the latest carmaker to cut its 2024 guidance. The German carmaker cited weaker demand from China as the main driver of the downgrade. The auto sector was dragged lower on the… Continue Reading…
August 1, 2024
“Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday. Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, hit 2.9% in July, which was higher than expected.… Continue Reading…
April 15, 2024
“Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol… Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while… Continue Reading…
March 25, 2024
“Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. The rare profit warning forecasts overall group revenues to drop 10%… Continue Reading…
January 22, 2024
“…Cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged the economy, the head of the European Central Bank said Wednesday amid widespread speculation that the bank soon will lower rates from record highs. Christine… Continue Reading…
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