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Author: admin

20Jan

Renault 2025 volumes up 3% as Clio, Sandero boost sales

Paris: French automaker Renault Group said on Tuesday that its sales volumes rose 3.2% in 2025, as strong demand for its passenger vehicles, particularly overseas, helped offset a plunge in…
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20Jan

Chip Wilson moves to oust Advent from Lululemon board in proxy fight, Semafor reports

Lululemon founder Chip Wilson is trying to excise private equity firm Advent from the apparel maker's board as part of an ongoing proxy fight, Semafor reported on Monday, citing people…
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20Jan

BHP accepts lower iron ore prices amid 2026 China supply talks

Melbourne: BHP Group has accepted lower prices for some iron ore sales while it negotiates a 2026 supply deal with China, it said on Tuesday, as it reported record first-half…
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20Jan

Brazil court orders asset freeze of tycoon Nelson Tanure in Banco Master probe

Sao Paulo: Brazil's Supreme Court Justice Dias Toffoli has allowed a prosecutor's request for banks to freeze assets belonging to Brazilian entrepreneur Nelson Tanure due to an investigation into lender…
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20Jan

Revolut applies for full banking license in Peru

Britain's Revolut said on Monday it has applied for a full banking license in Peru, marking the global fintech firm's fifth market expansion in Latin America. The $75 billion company…
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20Jan

Valentino, Italian fashion legend, dies at 93

Valentino, the Italian fashion designer who built one of the country's most celebrated luxury houses and was known in the industry as "the emperor", died on Monday at his home…
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20Jan

China curbs ‘flash boys’ access to exchange data, sources say

China's securities regulator has asked brokers to remove client-dedicated servers from data centers in local exchanges, a move that will deprive rapid-trading "flash boys" of an edge against other investors,…
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20Jan

Tesla gains early edge as Canada scraps tariffs on Chinese EVs

Beijing/Shanghai: Tesla is poised to be one of the first automakers to benefit from Canada's move to remove 100% tariffs on Chinese-made EVs, thanks to its early efforts to ship…
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20Jan

UK watchdog accuses Meta of allowing illegal casino ads on Facebook and Instagram

London: Britain's Gambling Commission said on Monday that Meta Platforms, the owner of Facebook and Instagram, was turning a blind eye to illegal online casinos advertising on its sites, indicating…
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20Jan

U.S. safety agency probes GM recall over engine failures in 597,000 vehicles

The U.S. National Highway Traffic Safety Administration said on Monday it opened a recall query into about 597,571 vehicles from General Motors over engine failure. The recall affects GM vehicles…
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