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Renault CEO calls for flexibility on EU CO2 targets
Reuters· 2025-11-04 09:37
Renault boss Francois Provost said on Tuesday no carmaker in Europe can meet emission targets on vans or cars by 2030, calling for flexibility on the European Union's CO2 targets. ...
Sarepta slumps as gene therapy setback adds to drug pipeline woes
Reuters· 2025-11-04 09:27
Shares of Sarepta sank 36% before the bell on Tuesday after a trial for two gene-targeted therapies for a muscle-wasting disease missed a key goal, deepening concerns about the company's treatment pip... ...
Germany property bank PBB falls to near record lows
Reuters· 2025-11-04 09:25
Deutsche Pfandbriefbank (PBB) shares fell further on Tuesday with traders citing no clear driver behind the slump amid markets growing concerned about broader credit conditions. ...
Tesla's China-made EV sales fall 9.9% y/y in October
Reuters· 2025-11-04 08:52
Core Insights - Tesla's sales of China-made electric vehicles decreased by 9.9% to 61,497 units in October compared to the same month last year, marking a reversal from a 2.8% increase in September [1] Sales Performance - The decline in October sales indicates a significant shift in demand for Tesla's vehicles in the Chinese market [1] - The October sales figure of 61,497 units represents a notable drop from the previous year's performance [1]
Lithuania in talks with Rheinmetall for second investment project, presidential advisor says
Reuters· 2025-11-04 08:44
Group 1 - Lithuania is in discussions with German defense conglomerate Rheinmetall for a second investment project [1]
TotalEnergies signs 10-year clean power deal in Spain with data centre operator Data4
Reuters· 2025-11-04 08:25
Group 1 - TotalEnergies signed a 10-year agreement to supply renewable electricity [1] - The agreement is with European data centre operator Data4 [1] - The supply will be for Data4's sites located in Spain [1]
Santander Chief Ana Botin warns against overregulation in Europe
Reuters· 2025-11-04 08:24
Core Viewpoint - The executive chair of Spain's Santander, Ana Botin, cautioned against overregulation in Europe, highlighting it as a potential risk that could negatively impact economic growth on the continent [1] Group 1 - Ana Botin emphasized the importance of avoiding excessive regulatory measures in Europe [1] - The warning reflects concerns about the balance between regulation and economic growth [1] - The statement indicates a broader industry sentiment regarding the implications of regulatory frameworks on financial institutions [1]
Stellantis recalls over 320,000 US vehicles over battery fire risk, says NHTSA
Reuters· 2025-11-04 08:21
Core Points - Stellantis is recalling 320,065 Jeep Wrangler and Grand Cherokee vehicles in the U.S. due to a potential high-voltage battery failure that could pose a fire risk [1] Group 1 - The recall affects two specific models: Jeep Wrangler and Grand Cherokee [1] - The total number of vehicles being recalled is 320,065 [1] - The reason for the recall is a potential high-voltage battery failure [1]
Volvo Cars' sales fall 2% in October, says market remains challenging
Reuters· 2025-11-04 08:08
Core Viewpoint - Volvo Cars reported a 2% decrease in car sales for October, selling 60,455 units compared to the same period last year [1] Company Summary - Volvo Cars sold a total of 60,455 cars in October [1] - This figure represents a 2% decline in sales compared to October of the previous year [1] Industry Summary - The automotive industry is experiencing fluctuations in sales, as indicated by Volvo's recent performance [1]
Toyota set for second straight quarterly profit drop as US tariffs weigh
Reuters· 2025-11-04 08:07
Core Viewpoint - Toyota Motor is anticipated to experience a decline in operating profit for the second consecutive quarter due to U.S. tariffs and supply-chain risks, despite strong global sales of hybrid vehicles [1] Group 1: Financial Performance - The company is expected to report a decrease in quarterly operating profit, marking the second consecutive decline [1] Group 2: Market Conditions - U.S. tariffs are impacting the company's operations negatively [1] - Supply-chain risks are also contributing to the operational challenges faced by the company [1] Group 3: Product Performance - Despite the challenges, there is robust global demand for hybrid vehicles, which remains a positive aspect for the company [1]