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Seeking higher margins, Stellantis CEO Tavares lost some core customers

By Giulio Piovaccari, Alessandro Parodi and Inti Landauro MILAN (Reuters) - When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her...

Stellantis shares down following CEO Carlos Tavares’ resignation

-- Shares of Stellantis (EPA:STLAM) dropped more than 8% on Monday after the unexpected resignation of CEO Carlos Tavares. Tavares, who had been at the helm of the...

China's relentless bond rally pushes 10-year yield below 2%, lowest on record

SHANGHAI (Reuters) -China's 10-year yield dropped below 2% to hit its lowest point on record on Monday, breaking a psychological barrier as a sputtering economy and bets on...

France's CAC 40 drops 1% on political woes, Stellantis slides after CEO exit

(Reuters) - Europe's main stocks index opened lower on Monday, with France's benchmark CAC 40 dropping more than 1% due to the country's political turmoil, while Stellantis...

Exclusive-Latest US strike on China's chips hits semiconductor toolmakers

By Karen Freifeld and David Shepardson (Reuters) -The U.S. will launch on Monday its third crackdown in three years on China's semiconductor industry, curbing exports to 140...

Factbox-Europe's embattled auto sector plans plant closures and layoffs

(Reuters) - A slew of automotive companies have recently announced plant closures and big layoffs in Europe as they struggle with weak demand, high production costs, competition...

Indonesia stocks lower at close of trade; IDX Composite Index down 0.72%

– Indonesia stocks were lower after the close on Monday, as losses in the Financials, Infrastructure and Agriculture sectors led shares lower. At the close in...

Adani Power says no indication of Bangladesh reviewing power deal

By Krishna N. Das (Reuters) - Adani Power (NS:ADAN) said on Monday it has no indication that the Bangladesh government is reviewing a power purchase agreement with the company,...

Expect Santa Tech rally into year-end, Wedbush says

-- Wedbush analysts expect tech stocks to end the year strongly with a “Santa rally,” citing positive catalysts including deregulation under Donald Trump’s second...

Stellantis falls 7% in Paris after CEO Tavares resigns

(Reuters) -Paris-listed shares in Stellantis (PA:STLAM) slumped by over 7% on Monday after chief executive Carlos Tavares resigned abruptly on Sunday. Stellantis said it would...

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