Month: November 2024

BERLIN/WOLFSBURG (Reuters) – Workers are prepared to make concessions worth 1.5 billion euros ($1.58 billion) in ongoing negotiations with Volkswagen (ETR:VOWG_p) over cost cuts, warning of a far-reaching conflict if…

Investing.com — Shares of Severn Trent  (LON:SVT) rose on Wednesday following the release of its first-half financial results for the 2024/25 fiscal year, which showcased strong revenue growth, improved profitability,…

Investing.com — US Treasury yields moderated recently, with the yield on 10-year notes retreating from an intraday peak of 4.5% to approximately 4.38% at market close. Still, the yield remains…

ROME (Reuters) – Private equity firm Cinven secured a conditional approval from Italian authorities over its plan to sell a 15% stake in diagnostic service provider Synlab to laboratory operator…

Mutual fund performance was weak during the first eight months of the year but has since stabilized, according to Goldman Sachs. Only 31% of large-cap mutual funds are outperforming their…

Investing.com — HSBC (LON:HSBA) is relaunching its “Premier” wealth management brand in the United Kingdom, focusing on affluent individuals with investable assets ranging from £100,000 to £2 million, Reuters reported…

BEIJING (Reuters) – Apple (NASDAQ:AAPL) sold fewer smartphones during China’s Singles’ Day shopping festival this year as it faced pressure from an “abnormally high” number of rival handsets launched around…

WOLFSBURG/BERLIN (Reuters) – Volkswagen (ETR:VOWG_p) is planning to shut factories in every scenario presented to labour representatives, putting both factions on collision course in a dispute over pay and jobs,…