Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:55
Signa Insolvency Wave Nears as Last-Ditch Fund Talks Falter
Rene Benko’s €23 billion ($25 billion) retail and property empire is on the cusp of a wave of
2023-11-27 20:50
Stellantis, China’s CATL in EV Battery Supply Pact for Europe
Stellantis NV and China’s Contemporary Amperex Technology Co. Ltd. are set to work together to supply lower-cost lithium-iron-phosphate
2023-11-21 15:54
Renault Casts Fledgling EV Business as Europe’s Answer to Tesla
After clearing up record losses and a toxic partnership, Renault SA Chief Executive Officer Luca de Meo is
2023-11-13 13:21
Saudi Arabia’s PIF Taps Advisers for Its Debt Exposure to Signa
Saudi Arabia’s sovereign wealth fund has tapped law firm Latham & Watkins LLP to advise on the lending
2023-11-08 02:26
Stellantis Nears Deal to Buy 20% of Chinese EV Maker Leapmotor
Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang
2023-10-25 20:59
China’s Homegrown Automakers Rise to Dominate Domestic Market
China’s demand for electric vehicles has delivered the nation’s homegrown carmakers a seemingly unassailable and irreversible lead over
2023-09-12 15:16
Stellantis Weighs Tie-Up With EV Maker to Expand in China, Sources Say
Stellantis NV is considering a tie-up with a Chinese electric vehicle company as Europe’s second-largest automaker by sales
2023-08-24 11:21
Agnellis’ Exor Buys 15% Stake in Philips for Around $2.8 Billion
The Agnelli family’s Exor NV bought a minority stake in Dutch medical technology company Koninklijke Philips NV. Exor,
2023-08-14 13:50
Stellantis Profit Beats as CEO Says More Costs Cuts to Come
Stellantis NV posted better-than-expected earnings in the first half of the year as supply-chain and logistics snarls eased
2023-07-26 15:20
Toyota, Stellantis Blast Biden’s Plan to Boost Electric Car Sales
Stellantis NV and Toyota Motor Corp. blasted a Biden administration plan to squelch auto pollution, saying it would
2023-07-10 23:50
Rothschild Expects 50% Profit Decline Amid M&A Slowdown
Rothschild & Co expects a 50% decline in profit ahead of going private later this year, citing a
2023-06-19 19:57