Stellantis says no intention of selling Maserati, after CEO issues warning
Stellantis has no intention of selling its luxury vehicle business Maserati or aggregating the unit with other Italian luxury groups, the Jeep maker said on Tuesday.
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Stellantis has no intention of selling its luxury vehicle business Maserati or aggregating the unit with other Italian luxury groups, the Jeep maker said on Tuesday.
Cadbury parent Mondelez International missed expectations for second-quarter revenue on Tuesday, as budget-conscious customers opted for lower-priced alternatives
Malta Central Bank Governor Edward Scicluna has suspended himself from his duties pending the conclusion of a court case over a 2015 hospitals privatisation deal, when he was
The World Bank's board has approved $1.5 billion in financing for its first ever budget support lending to Ethiopia, the lender said late on Tuesday as the east African nation tries to push
New British finance minister Rachel Reeves said on Tuesday she would need to raise taxes in her Oct. 30 budget, confirming expectations of such a move after she earlier this week
Ameriprise Financial said on Tuesday it had filed a lawsuit in a U.S. district court against LPL Financial, alleging it harvests and misuses confidential client information in violation of
The Bank of Japan is considering raising short-term interest rates to around 0.25% from the current 0-0.1% at its two-day policy meeting that ends on Wednesday, Jiji news agency
U.S. consumer confidence unexpectedly rose in July, but remained in the tight range of the past two years amid lingering worries about inflation and higher borrowing costs.
Real estate investment trust American Tower raised its forecast for annual adjusted funds from operations (AFFO) and beat second-quarter revenue estimates on Tuesday, helped by strong
Packaged and fresh food supplier Sysco beat Wall Street estimates for fourth-quarter profit on Tuesday, helped by easing cost pressures, even as it missed sales expectations.
Financial information company S&P Global raised its full-year profit forecast on Tuesday and reported second-quarter adjusted earnings that rose 30% on the back of strong demand for its
S&P Global Ratings affirmed on Tuesday Indonesia's ratings at BBB investment grade with a stable outlook, but flagged fiscal uncertainties from the incoming government led by
Italian premium brake maker Brembo on Tuesday posted moderate gains in first-half core earnings and revenue, with its Asian markets and its business helping to maintain older vehicles
Ferrari said on Tuesday its Dutch parent company Ferrari N.V. has strengthened ties with the Italian tax authority by joining a compliance programme that includes regular and
JetBlue Airways on Tuesday posted a surprise second-quarter profit and deferred deliveries of 44 Airbus 321neo aircraft to 2030 and beyond as part
PayPal on Tuesday raised its forecast for full-year adjusted profit for the second time after its branded checkout business outperformed and eased competition worries,
Alaska Air Group has agreed to extend the review period for the proposed $1.9 billion acquisition of rival Hawaiian Airlines amid antitrust scrutiny from the U.S.
Defense contractor Leidos raised its annual profit forecast on Tuesday, banking on strong worldwide weapons demand and increased defense spending amid growing geopolitical tensions.
Digital freight firm Sennder has agreed to buy the European logistics operations of its U.S. rival C.H.
China's securities regulator on Tuesday promoted its head of law enforcement to the role of vice chairman, underscoring Beijing's determination to tighten
Italy's economic growth slowed to 0.2% in the second quarter from the previous three months in line with forecasts, driven by domestic demand, preliminary data showed on Tuesday.
France's economy grew marginally faster than expected in the second quarter as the delivery of a cruise ship boosted exports, offsetting flat consumer spending, official data showed
South Korea's monetary policy board was divided over when to cut interest rates with a majority of the seven-member board concerned about lower borrowing costs leading to price
WPP named former BT chief Philip Jansen as its new chair on Tuesday, succeeding Roberto Quarta at the world's largest advertising company.
Australian companies will likely post a steeper drop in profit this year than they did last year, as they struggle to match the 'abnormally high' earnings since the COVID-19 pandemic, UBS