Italy’s carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

Italy’s carmaker Stellantis slashes forecasts as it faces industry slump and Chinese competition

MILAN — Italy’s Stellantis, the world’s fourth largest carmaker, slashed its earnings forecast on Monday, citing investments to turn around its U.S. operations amid a wider industry slump and increased Chinese competition. Stellantis said it was accelerating efforts to turn around North America, including bringing dealer inventory levels to no more than 300,000 vehicles by … Read more

Japan’s incoming PM Ishiba calls election for Oct 27, seeks to unify party

Japan’s incoming PM Ishiba calls election for Oct 27, seeks to unify party

Newly-elected leader and sitting chairperson of the Liberal Democratic Party (LDP) Shigeru Ishiba speaks during a press conference following his election in the party leadership elections on September 27, 2024 in Tokyo, Japan. Pool | Getty Images News | Getty Images Japan’s incoming prime minister, Shigeru Ishiba, said on Monday he will call a general … Read more

Three CEOs reveal their digital transformation strategies

Three CEOs reveal their digital transformation strategies

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Managing Asia’s Christine Tan was at a recent CNBC Connect event in Bangkok, Thailand, where she spoke with the CEOs of Kuehne+Nagel, CXA Group, and Kawada Technologies to find out how AI is transforming their businesses and how leaders can overcome challenges … Read more

Hurricane Helene leaves lake filled with debris

Hurricane Helene leaves lake filled with debris

Videos reveal extensive damage in North Carolina in the aftermath of Hurricane Helene, which tore through the state causing catastrophic flooding. At least 30 people have died and scores more are unaccounted for in just one county. Charlotte City Councilman Tariq Bokhari shared footage of Lake Lure filled with debris, describing the scene as “post … Read more

Marine le Pen on trial for alleged EU funds misuse

Marine le Pen on trial for alleged EU funds misuse

Marine Le Pen, long-time leader of France’s far-right National Rally and presidential hopeful, goes on trial in Paris on Monday accused of misusing European parliamentary funds. More than 20 other senior figures in the party are also facing the same charges. They are accused of hiring assistants who worked on party affairs rather than for … Read more