Stellantis suspends 2025 guidance due to Trump tariff uncertainties

Stellantis logo is pictured at one of its assembly plants following a company's announcement saying it will pause production there, in Toluca, state of Mexico, Mexico, on April 4, 2025.Henry Romero | ReutersAuto giant Stellantis on Wednesday said it was withdrawing its full-year financial guidance due to uncertainties regarding...

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BP posts sharp fall in first-quarter profit on weaker oil prices

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBritish oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices.The beleaguered oil and...

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Rolls-Royce jump 15% on profit beat, upbeat outlook

A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024.Bloomberg | Bloomberg | Getty ImagesBritish aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings, upgraded its mid-term guidance and declared a £1...

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Stellantis sees revenue growth in 2025 after 70% drop in profit

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy.Stefano Guidi | Getty Images News | Getty ImagesCrisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.The...

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Luxury carmaker Ferrari posts 21% hike in full-year profit, sees 2025 growth

The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty ImagesLuxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.Ferrari posted net profit of 1.53 billion...

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Ryanair cuts passenger traffic goal again on Boeing delays

Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024.John Macdougall | Afp | Getty ImagesBudget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the December quarter, but once more cut its passenger...

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