Uncategorized
Sanofi in Talks to Sell Controlling Stake in Consumer Health Arm to CD&R
The French drugmaker said the negotiations are for a potential sale of a 50% controlling stake in Opella.
Uncategorized
Energy & Utilities Roundup: Market Talk
Woodside Energy and more in the latest Market Talks covering Energy and Utilities.
Uncategorized
Stellantis Falls as Executive Shake-Up Fails to Calm Nerves
Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings guidance.
Uncategorized
Volkswagen Car Deliveries Fall as Industry Challenges Mount
Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs.
Uncategorized
Tesla’s Robotaxi Event Disappoints Investors
Shares in the EV maker fell after a much-hyped event was heavier on showbiz than financial details.
Uncategorized
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
The consumer price index was expected to show a 0.1% increase in September and a 2.3% gain from a year ago, according to Dow Jones consensus estimates.
Uncategorized
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many banks.