Energy & Utilities Roundup: Market Talk
Find insight on oil prices, TotalEnergies and more in the latest Market Talks covering Energy and Utilities.
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Stellantis Says Moving Quickly to Cut U.S. Inventories
Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ahead of new car launches.
Stellantis Says Moving Quickly to Cut U.S. Inventories Read More »
Temu Faces EU Probe Over Failure to Stop Illegal Sales
The European Commission, the EU’s executive arm, said it had opened formal proceedings against the Chinese e-commerce platform to assess whether it may have breached Europe’s digital services regulations.
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Estee Lauder Pulls Guidance on Shakiness in Asia Markets, Leadership Change
Estee Lauder withdrew its outlook for the current year, citing uncertainty around the pace of recovery the China and Asia travel retail markets, as well as recent leadership changes.
Estee Lauder Pulls Guidance on Shakiness in Asia Markets, Leadership Change Read More »
Fortescue’s Africa Iron Ore Ambitions Challenged by Gnarly Terrain
The Australian iron-ore giant is considering a big new mine in Gabon but first has to work out how it can transport the steel ingredient for export.
Fortescue’s Africa Iron Ore Ambitions Challenged by Gnarly Terrain Read More »
AB InBev Misses Sales Expectations
Budweiser brewer Anheuser-Busch InBev posted sales volumes that fell by more than analysts had expected, dragged by a weak consumer backdrop in China and Argentina.
