Month: November 2024
Antoine Arnault on his plan to replicate Red Bull success in Paris FC takeover
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Europe Businessman Antoine Arnault, part of France’s billionaire Arnault family, on his plans for the future of second-tier soccer club Paris FC. 02:34 2 hours ago Source
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JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs
Jaguar new logo Courtesy: Jaguar Luxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. The company, part of Tata Motors-owned group Jaguar Land Rover, released a new logo that saw it ditch its iconic “leaper” big cat branding, and promotional videos featuring brightly-dressed models — but no cars. […]
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Apple and Google could face a competition probe over their huge mobile ecosystems in the UK
Omar Marques | Lightrocket | Getty Images LONDON — Apple and Google could face a competition investigation into their dominance of mobile web browsers and apps in the U.K. The U.K.’s Competition and Markets Authority issued a report Friday with a provisional decision from an independent inquiry group tasked by the regulator with carrying out an […]
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Stocks making the biggest moves premarket: Gap, NetApp, Intuit and more
Check out the companies making headlines in premarket trading. Intuit — Stock in the financial software firm pulled back about 3% after its earnings guidance for the current quarter missed analyst estimates. Intuit forecast second-quarter earnings of $2.55 to $2.61 per share, while analysts polled by FactSet were looking for a profit of $3.25 per […]
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Are we any closer to a greener future? Leaders weigh in at the world’s largest energy event
Fossil fuels still dominate the global energy mix at 81.5% in 2023, according to the Energy Institute. “It just goes to show how difficult it is to change the energy mix. That’s not because companies aren’t making their efforts and progress isn’t being made. It’s because it takes time,” said Lorenzo Simonelli, chairman and CEO […]
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Why the U.S. is growing less food
The United States’ fruit and vegetable production, as well as the number of farms in the country, has been declining for decades while it increasingly relies on other countries to fill in the gap, according to the United States Department of Agriculture. “We have nearly a billion acres of farmland, we have a population of […]
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Germany’s ‘debt brake’ rule helped collapse its government — and it could be about to change
German Chancellor Olaf Scholz attends a session on November 13, 2024 at the Bundestag. John Macdougall | Afp | Getty Images When the German government collapsed earlier this month, clashes within the former ruling coalition about economic and budget policy were widely cited as a key factor — with the country’s debt brake playing a […]
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Dozens of retailers jacked up interest rates on store cards ahead of Fed cuts
Tommy | Digitalvision Vectors | Getty Images Dozens of the largest U.S. retailers and their bank partners jacked up interest rates on their store-branded cards to record highs in the months before the Federal Reserve began cutting rates, as the companies looked to pad profits during a stretch of sluggish sales. At least 50 companies […]
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Spain slaps $187 million fine on Ryanair, EasyJet and others for ‘abusive’ cabin luggage fees
A Ryanair plane takes off from Eindhoven Airport in the Netherlands on December 19, 2020. Nicolas Economou | NurPhoto | Getty Images Spain’s Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for “abusive practices” including charging additional cabin luggage fees. Ryanair was struck with the […]
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Stock futures fall slightly with Wall Street on track for a winning week: Live updates
Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images Stock futures edged lower on Thursday evening with Wall Street poised to end the week with gains in the three major averages. Futures tied to […]
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