RTE » 4 weeks ago
German premium automaker Mercedes-Benz said today its third-quarter earnings in the core car division plunged by 64%, massively missing analysts' estimates, as Chinese consumers continued to cut back on luxury goods in a weakening economy....
Category: Business
RTE » 4 weeks ago
Tesla shares closed up nearly 22% on Wall Street last night - their biggest single-day gain in over a decade - as CEO Elon Musk's bold forecast of surging sales reassured investors he was still looking to grow its core business of selling electric cars....
Category: Business
RTE » 4 weeks ago
Norwegian Air has lowered the upper end of its 2024 profit forecast range after reporting third-quarter core earnings below market expectations, and said its 2025 capacity growth would slow because of delays in Boeing aircraft delivery....
Category: Business
RTE » 4 weeks ago
Yara International, one of the world's largest fertiliser producers, reported third-quarter core earnings above market expectations today, citing record production and its focus on core operations to boost profitability....
Category: Business
RTE » 4 weeks ago
US fast-food chains were pulling fresh onions out of their menu items after the vegetable was named as the likely source of an E coli outbreak at McDonald's restaurants that has sickened 49 people and killed one....
Category: Business
RTE » 4 weeks ago
Remy Cointreau has today cut its full-year guidance, delaying its recovery from persistent double-digit sales declines, pushing out further a turnaround in the key US market and flagging deepening problems in Europe and Asia....
Category: Business
RTE » 4 weeks ago
Electrolux, the world's second-biggest appliances maker, has reported lower than expected third-quarter adjusted operating profit, sending its shares down 10%...
Category: Business
RTE » 4 weeks ago
The Russian central bank has hiked its key interest rate by 200 basis points (bps) to 21%, the highest level since February 2003....
Category: Business
RTE » 4 weeks ago
British online fashion retailer Boohoo said it was willing to discuss board representation with its biggest shareholder Frasers but there needed to be "appropriate governance" to protect its commercial position....
Category: Business
RTE » 4 weeks ago
The Oireachtas budgeted for a final bill of up to â¬885,000 for hosting an international conference early this month, more than three times their original cost estimate....
Category: Business