Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:57
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:45
Stellantis, China’s CATL in EV Battery Supply Pact for Europe
Stellantis NV and China’s Contemporary Amperex Technology Co. Ltd. are set to work together to supply lower-cost lithium-iron-phosphate
2023-11-21 15:55
Renault Casts Fledgling EV Business as Europe’s Answer to Tesla
After clearing up record losses and a toxic partnership, Renault SA Chief Executive Officer Luca de Meo is
2023-11-13 13:25
Agnellis’ Exor Buys 15% Stake in Philips for Around $2.8 Billion
The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV. Exor,
2023-08-14 13:59
Stellantis Profit Beats as CEO Says More Costs Cuts to Come
Stellantis NV posted better-than-expected earnings in the first half of the year as supply-chain and logistics snarls eased
2023-07-26 15:27
Rothschild Expects 50% Profit Decline Amid M&A Slowdown
Rothschild & Co expects a 50% decline in profit ahead of going private later this year, citing a
2023-06-19 19:54
Stellantis Calls for Level Playing Field for Old, New Carmakers
Stellantis NV said legacy and new automakers should compete on the same page following a squabble with France
2023-06-19 15:52
Vauxhall Maker Warns of Factory Closures if Brexit Deal Doesn’t Change
The UK government is lobbying the European Union to prevent Brexit-related local manufacturing requirements from kicking in next
2023-05-17 18:45