Volkswagen reported a 10% drop in second-quarter operating profit to 3.5 billion euros, missing expectations due to discontinuing its top U.S. electric vehicle and negative sales mix. The company revised its 2026 sales forecast downward to a range of -3% to 0%, citing tariff costs and rising competition from Chinese brands. Volkswagen also plans to cut up to 100,000 jobs, double the previous estimate, as it seeks to reduce costs and address profit pressures. The automaker ended production of the ID.4 EV in Tennessee and faces uncertainty over the future of four German factories.
The global competitive intelligence tool market, valued at $6.46 billion in 2025, is projected to grow to $18.11 billion by 2035 with an 11.08% CAGR. Growth is fueled by rising demand for real-time market intelligence, AI-powered analytics, cloud ado...
Between July 16 and 22, 2026, Bekaert repurchased 50,000 of its own shares totaling approximately €2.06 million as part of its ongoing buyback program announced in February 2026. The company plans to cancel all repurchased shares to reduce share capi...
Bekaert continued its share buyback program from July 16 to 22, 2026, repurchasing 50,000 shares at an average price of €41.15, totaling about €2.06 million. The company aims to cancel all repurchased shares, reducing the total outstanding shares. Ad...
DSV A/S has disclosed transactions involving its shares made by a company manager, complying with EU regulation 596/2014. This announcement ensures transparency about insider trading activities within the company. The notification includes contact de...
Sanofi has decided to stop the clinical development of amlitélimab, an antibody for moderate to severe atopic dermatitis, after strategic review showed insufficient efficacy and safety benefits. Despite some positive long-term results from the phase ...
