Ferrari sales, earnings guidance shift higher
Italian luxury sports car manufacturer Ferrari said Wednesday it had raised its 2022 earnings guidance after posting double-digit gains in sales and earnings.
Nov 2, 2022
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Automotive
Page 14 - News tagged with euro
Automotive
Former VW boss to pay firm $13 million over diesel scandal
Former Volkswagen CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the 2015 scandal over diesel engines rigged ...
Jun 9, 2021
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Automotive
Top German court to hear first 'dieselgate' case
Herbert Gilbert is just one of tens of thousands of drivers who have sued Volkswagen for cheating emissions tests, but he will make legal history Tuesday when his "dieselgate" case becomes the first to reach Germany's top ...
May 5, 2020
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Business
Spotify swings to profit, paying subscribers rise
Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.
Apr 23, 2024
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Business
Pandemic pushes Air France-KLM deep into red in 2020
Air France-KLM said Thursday that the coronavirus pandemic "severely impacted" its earnings in 2020, pushing it deep into a net loss of 7.1 billion euros ($8.6 billion).
Feb 18, 2021
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Automotive
Renault bounces back in 2023 with net profit of 2.2 bn euros
French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.
Feb 14, 2024
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Energy & Green Tech
EU cuts gas consumption by 20% over past four months
EU countries have cut the amount of natural gas they consume by 20 percent over the past four months as they adapt to an energy crunch, the bloc's statistics agency said Tuesday.
Dec 20, 2022
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Business
BASF sells pigments unit to Japan's DIC for 1.15 bn euros
German chemical giant BASF said Thursday it is selling its global pigments unit to Japanese firm DIC for 1.15 billion euros ($1.27 billion).
Aug 29, 2019
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Business
Dominance, data, disinformation: Europe's fight with Big Tech
The European Commission, which announced Thursday an inquiry into Microsoft's promotion of its Teams messaging app, has fought US tech giants on fronts from tax avoidance, disinformation and hate speech to data privacy and ...
Jul 27, 2023
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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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