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Volvo Cars Reports 5% Decline in January Sales Due to Chinese New Year Timing

Feb 4, 2025

Volvo Cars saw a 5% drop in January sales, largely due to Chinese New Year timing, despite a 17% rise in electrified vehicle sales.

Chinese Bubble Tea Giant Guming Targets US$202 Million in Hong Kong IPO

Feb 4, 2025

Guming Holdings, operating under the Good me brand, aims for a US$202 million IPO in Hong Kong, leveraging its strong market position and financial growth.

AG Barr Poised for Record Growth as Profit Margins Exceed Expectations

Feb 4, 2025

AG Barr is on track for record profits with expanding margins and robust cash flow, offering strong investment potential.

Grab and GoTo Accelerate Merger Talks Amid Rising Competition in Southeast Asia

Feb 4, 2025

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Grab Holdings Ltd. and GoTo Group are intensifying merger talks to address financial challenges and growing competition in Southeast Asia's ride-hailing sector.

China Adds PVH Corp and Illumina to Unreliable Entity List

Feb 4, 2025

China adds PVH Corp and Illumina to its unreliable entity list to defend local enterprises from discriminatory practices amidst rising trade tensions.

China Launches Antitrust Investigation into Google

Feb 4, 2025

China's antitrust probe into Google signifies a strategic move amid rising US-China trade tensions, linked to recent tariffs.

Global Steel Trade Faces Significant Challenges amid Rising Trade Barriers

Feb 4, 2025

The global steel industry is grappling with rising trade barriers and protectionism, affecting export and import dynamics, particularly in the EU. Discover the industry's future challenges as nations maneuver between protecting local markets and ensuring trade fairness.

Novo Nordisk Faces Investor Scrutiny Over CagriSema Trials

Feb 4, 2025

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Novo Nordisk faces investor pressure over CagriSema trials, as mixed results and side effects impact its market standing against competitors like Eli Lilly.

Citigroup Upholds Hybrid Work Policy Amid Return to Office Trends

Feb 4, 2025

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Citigroup CEO Jane Fraser confirms the bank's hybrid work policy, enabling remote work two days weekly, distinguishing it from financial rivals urging a full office return.

BNP Paribas Exceeds Q4 Forecasts but Lowers 2025 Profit Target

Feb 4, 2025

BNP Paribas reports a strong Q4 but revises its 2025 profit targets in light of economic challenges.

Amundi Reports Strong Quarterly Inflows Amid Surging Demand for Safe Investments

Feb 4, 2025

Amundi reports strong inflows in Q4 due to high demand for safe investments, boosting AUM and surpassing financial expectations.

Publicis Projects Slower Growth for 2025 Amid Strategic AI Investments

Feb 4, 2025

Publicis Group foresees a 4% to 5% organic growth in 2025, driven by strategic investments in AI and technology, continuing its market leadership despite a slight growth slowdown.