Australia’s TPG Telecom agreed to sell its fixed-fiber network to Vocus, generating funds for future shareholder returns and investment into its mobile operations.
Shares in the EV maker fell after a much-hyped event was heavier on showbiz than financial details.
Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings guidance.
Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs.
The electric-car maker also unveiled a second vehicle, a Robovan, designed to shuttle up to 20 people at a time.
The automaker’s CFO and North America chief are stepping down amid its U.S. troubles.