Today: 5. Nov, 2024
The European luxury goods market faced a significant blow on Thursday as shares in some of the region’s most prominent companies fell sharply. The drop comes amid growing concerns over the slowing demand in China, a crucial market for luxury goods. Traders…
Volkswagen and Renault, two of Europe’s prominent car manufacturers, experienced a significant dip in their shares after UBS analysts advised investors to offload these stocks. The rising dominance of Chinese car manufacturers was a primary concern. By late Friday, Volkswagen’s shares had…
China’s State Administration for Market Regulation announced that Tesla Inc would address a software issue in more than a million cars to minimize accident risks. The regulator informed us that the step is categorized as a product recall per Chinese regulations. However,…
