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The Latest Breaking News from Group

WH Smith confirm talks to sell high street stores

WH Smith has confirmed that it is in negotiations to sell its entire high street business empire more than 230 years after it first opened its first…

The National (Scotland)

Volkswagen Fears Colossal Emissions Fine is Coming

The VW Group has put its immensely costly Dieselgate scandal behind it, but it's still facing an uphill battle to meet emissions regulations. For 2025, the European Union is lowering CO2 targets by approximately 15% compared to 2021 levels. For each gram above the threshold, automakers must pay €95 ($98).…

Motor1

Cowell takes team principal role in Aston Martin F1 team restructure

Aston Martin has shaken up its team management structure with Andy Cowell appointed team principal, replacing Mike Krack who has been given the title of chief trackside officer after just under three years in his previous position.

Autosport

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'The industry shot itself in the foot' - Brompton boss blames lack of sales as profits crash by 99%

Pre-tax profits fall from over £10 million to just £4,602

Cycling News

MetLife denies hack after ransomware group claims attack

RansomHub leaks reported company documents, but MetLife says it is unaware of any incident.

TechRadar

BSES provides zero-pollution electric buses to Delhi AIIMS for shuttle service

Under this initiative, the first batch of 11 electric buses was flagged off today by AIIMS Director M. Srinivas and the BSES leadership team. The BSES team was led by BSES Director and Group CEO Amal Sinha, Director on the BSES Board V.S. Read further on Dynamite News:

Dynamite News

Scott Trust and Guardian Media Group sign a deal with Tortoise Media to buy the Observer

The Scott Trust and Guardian Media Group (GMG) have signed a deal with Tortoise Media to buy the Observer.

The Guardian - UK

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Bunzl shares fall as distribution giant warns on profit

The FTSE 100 company delivers things like food packaging, labels and cleaning products to companies, but warned deflation could hit earnings.

Evening Standard

Audi Makes 'Painful' Decision to Close a Factory

While Volkswagen Group is still considering whether to close factories in Germany, Audi has taken this drastic decision in Belgium. The factory in Brussels will close up shop at the end of February. Consequently, the Q8 E-Tron and Q8 E-Tron Sportback are being wiped out from the lineup. Due to…

Motor1

Romanian energy supplier struck in ransomware attack in latest cybercrime assault

Electrica Group claims to have addressed the problem already, and says operations were not affected.

TechRadar

The Scott Trust and the Guardian Media Group Boards agree sale in principle of the Observer to Tortoise Media

The Guardian - UK

UnitedHealth Group Stock Continues Upward Trend on 2025 Guidance Boost Amid Brian Thompson's Murder

The UnitedHealth Group stock is witnessing upward price pressures as share prices continue to hover close to record levels despite the tragic death of its insurance unit CEO Brian Thompson on Investor Day.

International Business Times UK

UnitedHealthcare CEO Fatally Shot a Month After US DOJ Sues Parent Company's £2.59B Takeover of Amedisys

Brian Thompson was fatally shot in the chest outside the Hilton Hotel in midtown Manhattan, where UnitedHealth Group was about to begin its investor day. He was rushed to the Mount Sinai West Hospital but later succumbed to his injuries.

International Business Times UK

Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery

Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth.

Fortune

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Motor1

VW America CEO Suddenly Resigns

Pablo Di Si, CEO of Volkswagen Group and Volkswagen Brand for North America, has resigned. The German automaker announced the news on Tuesday, though it's not clear exactly when he stepped down. In a press release, VW states Di Si "stepped down from his position on his own request."

Fortune

Bernard Arnault's son Alexandre is climbing the ranks as new deputy of Moët Hennessy. Here’s what it means for LVMH’s succession plan

“By transitioning to a Paris HQ position, Alexandre gains proximity to the group’s strategic core,” an expert said of the Arnault family's succession.

The Guardian - UK

Dr Jonathan Paine joins Scott Trust board

Dr Jonathan Paine has been appointed to the Scott Trust board and will also join the Scott Trust Endowment board. He will also become a member of the joint audit committee for the group.

Motor1

VW Boss: 'Decades of Structural Problems' Led to Crisis

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…

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InsideEVs

'Volkswagen Is Not Earning The Money It Needs'

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…

Newcastle Herald

Nine-figure profit shows merging Greater and Permanent was the right move

NGM Group's first full financial year results are in.

Motorsport

Formula 1 and LVMH sign 10-year partnership deal

Luxury brands such as Louis Vuitton and Moët Chandon will be present on the Formula 1 grid from next year after Liberty Media agreed a 10-year global partnership with LVMH which could be worth a reported $1 billion.

Evening Standard

Windy weather blows profits away at Brighton Pier Group

Like for like revenues for the group, which also operates bars and mini-golf sites, fell from £14.9 million to £13.9 million over the six months

RideApart

Japan's Biggest Motorcycle Retailer Just Got Bought By Bain Capital, Oh Great

If you've purchased or ridden a motorcycle in Japan, you're probably familiar with Red Baron Group. They offer used and new sales and service nationwide.

Evening Standard

The £1.1 trillion man: L&G hires Eric Adler as its new asset management chief

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

RideApart

Motorcycle Manufacturer KTM Cuts More Employees, Almost As Much as MV Agusta Added

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.

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