EU Parliament votes to take down illegal sports streaming
European legislators adopted a proposal Wednesday to combat online piracy of live sporting events that includes the option to block illegal broadcasts within half an hour.
May 19, 2021
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Page 9 - News tagged with euro
Automotive
Stellantis CFO: Chip shortage impact remains 'controlled'
The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage.
May 5, 2021
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Business
Nokia back in black in first quarter thanks to 5G
Finnish telecoms giant Nokia said Thursday that it returned to profit in the first quarter, boosted by stronger-than-expected demand for 5G products, but it kept its cautious outlook for 2021.
Apr 29, 2021
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Business
Spotify posts rare profit, shares tumble on timid user growth
Spotify posted on Wednesdaya rare net profit in the first quarter and a sharp increase in paid subscribers as the music streaming giant launched in dozens of new markets, but disappointing total users sent shares tumbling.
Apr 28, 2021
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Philips sees hit from product safety fault
Dutch firm Philips said Monday it anticipates a hit of up to 250 million euros ($302 million) from a possible safety risk in some sleep and respiratory care products, even as first quarter profits edged higher.
Apr 26, 2021
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Renault first-quarter sales close to 2020 level
French automaker Renault posted Thursday first quarter sales of 10 billion euros, slightly below the level recorded a year earlier as the coronavirus began to spread worldwide.
Apr 22, 2021
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Automotive
Volkswagen reaches wage deal with German workers
Volkswagen and Germany's largest industrial union have agreed on a 23-month wage deal that provides a 1,000 euro bonus recognizing employee efforts during the coronavirus pandemic and a 2.3% wage increase from January 2022.
Apr 13, 2021
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Business
Lufthansa posts record annual loss, sees long recovery
German flag carrier Lufthansa said Thursday it lost a record 6.7 billion euros ($8.1 billion) in 2020, as the coronavirus pandemic wiped out demand for travel and left aircraft grounded.
Mar 4, 2021
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Automotive
Stellantis CEO says 4th largest carmaker to be disruptive
Stellantis CEO Carlos Tavares on Wednesday said the new car company formed from the merger of Fiat Chrysler Automobiles and PSA Peugeot would be a "disruptive" force in the industry, and that both sides would provide technologies ...
Mar 3, 2021
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Business
Renault says pandemic pushed it into record loss in 2020
French automaker Renault said Friday it booked a record loss in 2020 as the coronavirus pandemic hit its performance and looked set to weigh on the outlook this year as well.
Feb 19, 2021
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