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To say Volkswagen is going through a rough patch would be an understatement. The Group’s latest numbers look terrible: Earnings after tax collapsed by 63.7% in the third quarter when sales dropped by 8.3%. Through this year's first nine months, profits are down 30.7% and sales are 4.4% lower. CEO…

We knew something like this was going to happen. But now we know the numbers. After more than a year of operating in an unprecedentedly tough environment in Europe and China, things came to a head for the Volkswagen Group this week as it posted its third-quarter financial results. And…

The former Prudential Financial executive will be in charge of £1.1 trillion of assets under management

KTM parent company Pierer Mobility Group already laid off close to 300 employees in the first half of 2024, and now it's about to cut even more to save money.

Here are the first 10 members of the Power 50 2024.

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The insurance industry is growing strongly with increasing insurance rates, evolving demand from consumers, and technological advancements. Hence, amid bullish price targets, investing in quality insurance stocks Progressive Corporation (PGR), W. R. Berkley (WRB), and Unum Group (UNM) could be wise. Read more.

Air France-KLM recently reported a decline in profits for its latest quarter, attributing the downturn to a reduction in passenger traffic as the Paris Summer Olympics approach. This unexpected drop has led the airline group to revise its annual financial forecasts downward and intensify its efforts to reduce costs. The…

In the past quarter, Tesla once again sold the highest number of all-electric cars among all automotive groups in the world.