Jeep, Dodge-maker Stellantis’ profit slides as Detroit Three strikes bite
Stellantis reported a 10% annual decline in adjusted operating profit in the second half of 2023, as six-week strikes at the “Detroit Three” automakers hampered production.
Richard Branson and Oppenheimer’s grandson urge action to stop AI and climate ‘catastrophe’
Billionaire Virgin Group founder Richard Branson is among several high-profile names calling on leaders to address existential risks of AI and the climate crisis.
Renault shares pop as carmaker plans dividend hike
The company reported a group operating margin of 7.9%, towards the top end of its prior guidance.
‘The holy grail’: Startup backed by a Nobel laureate vying for a breakthrough on hydrogen storage
H2MOF’s co-founders say they are hoping the firm can overcome the high costs and energy demands associated with traditional hydrogen storage methods.
High interest rates help Germany’s Commerzbank post best results in 15 years
Deutsche Bank analysts described the numbers as a “solid set of 4Q23 results” and reiterated their buy rating on the stock.
13 Russian missiles shot down as Kyiv comes under fire; Zelenskyy vows to ‘clear the Black Sea’
The three people killed in Russian shelling in the Donetsk region on Wednesday were a mother and son, and a pregnant woman, Volodymyr Zelenskyy said.
CNBC Daily Open: Inflation fight may go down bumpy path
Wall Street returned to some level of calm after markets nosedived a day earlier over inflation jitters.
UK economy slipped into technical recession at the end of 2023
The U.K. economy slipped into a deeper-than-expected technical recession in the final quarter of last year, initial figures showed Thursday.
TSMC shares hit record high after Morgan Stanley lifts client Nvidia’s price target on AI chip demand
Shares of TSMC reached its highest level in history on Thursday.
