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Nissan Motor announced sweeping restructuring measures, including plans to cut 9,000 jobs and reduce global production capacity by 20%, as the Japanese automaker battles weakening sales in China and the United States.
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Stellantis, the carmaker which owns the Jeep, Peugeot and Fiat brands, said Thursday that its sales fell 27 percent in the third quarter because of market difficulties in North America.
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Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue for the first time as its push into overseas markets advances.
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HSBC Holdings has exceeded market expectations with a robust third-quarter performance, announcing a $3 billion share buyback program as newly appointed CEO Georges Elhedery sets the stage for a transformative reorganization of the 159-year-old banking giant.
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On Friday, one of Japan's most iconic characters, Hello Kitty, celebrated her 50th birthday. Created by Sanrio in 1974, Hello Kitty, also known as Kitty White, began her life as a "kawaii" (cute) character on a coin purse and evolved into a global cultural phenomenon, charming fans with her cheerful appearance and wholesome spirit.
Photo Credit: Getty Images Stellantis is pausing production at some plants in Canada and Mexico, the...
Photo Credit: Getty Images Huawei's profits fell 28 percent last year due to international...
Photo Credit: Getty Images Dollar Tree's decade-long investment in Family Dollar has come to a...
Photo Credit: Getty Images Hyundai will invest $21 billion (£16.3 billion) in the US, including a...
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Photo Credit: Getty Images Samsung Electronics is grappling with the sudden passing of its co-CEO,...
Photo Credit: Getty Images Tesla's highly anticipated Cybertruck has hit another major roadblock, with...
Photo Credit: Getty Images Siemens plans to cut over 6,000 jobs worldwide, the German industrial giant...
Photo Credit: Getty Images Audi will cut 7,500 jobs in Germany by 2029 in response to slowing...
Photo Credit: Getty Images Foxconn's 2024 net profit fell short of expectations due to weak...
Photo Credit: Getty Images Deliveroo announced its first annual profit after 12 years, fueled by...
Photo Credit: Getty Images Volkswagen's net profit plunged 30.6 percent to €12.4 billion ($13.4...
