Umicore now expects 2024 earnings for its battery business to be around break-even, with volumes to be equal or slightly lower than last year, while group profit forecasts were also cut back.
Chinese authorities have ordered Evergrande Auto to repay government subsidies due to its failure to meet contractual obligations, and the company warned it could face the repossession of some assets.
The billionaire founder had sex with an employee and a former intern, and asked a woman at his company to have his babies
Redstone is likely to pursue sale of National Amusements, the family company that controls Paramount, with other potential bidders.
The settlement with 43 attorneys general, which resolves claims of deceptive marketing practices, is subject to judicial approval.
The automaker saw strong second-quarter profits, citing brisk vehicle sales and resilient pricing.