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Stellantis CEO Carlos Tavares resigns amid declining profits and sales

Stellantis NV CEO Carlos Tavares is stepping down amid declining profits and weakened US sales for the Jeep and Fiat brands. An interim committee led by Chairman John Elkann will oversee the company until a new CEO is appointed in the first half of 2025.
bloomberg.com
Stellantis NV ITA Carlos Tavares John Elkann
Finance & Economy, News Article
19:51 01.12.2024

TikTok Shop Emerges as the New Leader in Online Shopping

A new contender has emerged as the dominant force in online shopping: TikTok Shop. This platform has leveraged its vast attention to disrupt traditional e-commerce, challenging established giants like Amazon and Walmart by integrating social commerce in a way that reshapes consumer behavior and merchant interactions. As social media continues to redefine shopping dynamics, TikTok's unique approach positions it as a formidable player in the market.
ZDNET
Alibaba Amazon.com, Inc. MetaVia Inc. Shopify Inc. Walmart Inc. USA CHN Christopher Nolan Show more
Technology & Innovation, Blog Post
19:45 01.12.2024

new eu space commissioner outlines priorities for upcoming space law and initiatives

The new European Commissioner for Defence and Space, Andrius Kubilius, aims to enhance European competitiveness and security in space, focusing on a long-awaited space law expected in 2025. This law will address satellite deorbiting, debris removal, and unify fragmented national regulations. Kubilius also emphasizes the need for increased funding and improved access to space, while maintaining flagship programs like Copernicus and Galileo.
SpaceNews
Euro SpaceXCoin USD Neuraspace Andrius Kubilius Josef Aschbacher Thomas Eggenweiler Show more
Regulatory & Legal, News Article
19:17 01.12.2024

thanksgiving box office breaks records with moana 2 leading the way

"Moana 2" debuted with a remarkable $221 million during the five-day Thanksgiving holiday, contributing to a record $420 million box office haul, the highest ever for the period. Alongside "Wicked," which earned $117.5 million, and "Gladiator II," with $44 million, this trio revitalized the theatrical market after a challenging year. The success marks a significant rebound, narrowing the box office gap between 2024 and 2023.
CNBC
United States Dollar COMCAST CORP NBCUniversal Paramount Group, Inc. USA Auliʻi Cravalho Paul Dergarabedian Shawn Robbins Show more
Finance & Economy, News Article
18:24 01.12.2024

le pen criticizes government for ending budget discussions ahead of no confidence vote

Marine Le Pen announced that the French government has ended discussions on potential changes to the social security bill, which is part of the upcoming budget for the National Assembly. This decision may lead to a no-confidence vote as early as Wednesday, following comments from Budget Minister Laurent Saint-Martin.
Bloomberg.com
Apple Inc. FRA Marine Le Pen Laurent Saint-Martin
Finance & Economy, News Article
18:09 01.12.2024

Bangladesh seeks to renegotiate Adani power deal amid court review

Bangladesh is seeking to renegotiate its power purchase agreement with Adani Group, contingent on a court's decision regarding the contract's cancellation. The Bangladeshi high court has tasked a panel of experts with reviewing the deal, which involves power supplied from a plant in eastern India.
bloomberg.com
Adani Group IND BGD
Regulatory & Legal, News Article
18:07 01.12.2024

walmart offers early access to cyber week deals and apple watch discounts

Walmart+ members can access Cyber Monday deals starting at 5 p.m. ET, with general access at 8 p.m. ET. The Apple Watch Series 10 is currently available for $329, a $70 discount, as part of ongoing Cyber Week sales. Annual Walmart+ subscriptions are on sale for $49 through Dec. 2, and items purchased now can be returned until Jan. 31, 2025.
ZDNET
United States Dollar Walmart Inc. Amazon.com, Inc. Best Buy Co., Inc. USA Matthew Mercer Show more
Technology & Innovation, Blog Post
17:47 01.12.2024

China braces for potential trade impact from Trump's tariff plans

Howard Lutnick, the billionaire nominee for the U.S. commerce department, remains largely unknown in China, yet his potential influence on American trade policies is significant. Following Donald Trump's announcement of a 10% tariff on Chinese goods, concerns are rising among Chinese investors about the possibility of a 60% tariff on imports.
The Economist
Apple Inc. USA Howard Lutnick Donald Trump
Finance & Economy, News Article
17:45 01.12.2024

Greaves Cotton announces IPO plans for Greaves Electric Mobility subsidiary

Greaves Cotton is set to launch an initial public offering (IPO) for its subsidiary, Greaves Electric Mobility (GEML), following board approval on December 1. The IPO will include a fresh issue of equity shares and an offer-for-sale by existing shareholders, pending shareholder approval and regulatory clearances.
Moneycontrol
Greaves Cotton Limited IND
Finance & Economy, Press Release
17:42 01.12.2024

liechtensteinische landesbank shows stability amid mixed market signals

Liechtensteinische Landesbank (LLB) maintains a stable market position with a market capitalization of €2.3 billion and a share price of €74.00. The forecast P/E ratio for 2024 is 12.64, indicating reasonable valuation, despite a slight month-on-month decline of 1.67% and a positive annual performance of 13.36%. Recent analyses suggest shareholders should consider urgent action regarding their investments.
aktiencheck.de
Euro Liechtensteinische Landesbank Aktiengesellschaft LIE
TradFi, Market Report
16:42 01.12.2024
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