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Business

Arm plans to sell its own chips in an effort to ramp up revenues

The chip designer, Arm, is reportedly competing with its own clients, which include major companies such as Qualcomm, to sell its own chips as it seeks to boost profits.

Economy

Global electric vehicle sales for January reveal US-driven spurt

Strong performance in the US as well as Europe contributed to robust worldwide electric vehicle sales in January but China saw softer growth.

Business

Blow for Europe as Chinese EV makers fan competition with new deals

A number of Chinese electric vehicle companies have announced a range of promotions over the Lunar New Year holidays, such as better financing deals, in an effort to boost flagging sales.

Business

Pernod Ricard cuts sales outlook on geopolitical uncertainties

Pernod Ricard, along with several other major European drinks brands, has been dealing with faltering sales due to increased global uncertainty and an unfavourable foreign exchange market.

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Business

Diageo plc warns of profits falling by millions if US tariffs go ahead

Diageo plc could be severely impacted by an escalating trade war in North America, as the market is currently its biggest source of net sales.

Business

Volvo Group struggles with slower sales as European truck demand falls

Volvo Group reported its latest financial results on Wednesday and highlighted slower sales in Europe due to a declining demand for trucks.

Business

Renault Group sales zoom ahead after 2024 European performance boost

A number of new model launches, including hybrid and all-electric vehicles, helped Renault Group deliver a rise in sales in Europe last year.

Business

Global electric vehicle sales surge as China demand boosts growth

While China and North America maintained their robust electric vehicle sales growth, European EV sales floundered, as Germany faces mounting political and economic changes.

Business

Chinese EV giant BYD beats domestic players to hit record 2024 sales

Electric vehicle company BYD has announced record sales for the last year, boosted by rising Chinese demand, as well as government trade-in deals.

Economy

Spanish retail sales grow at slowest pace since June 2024

Although falling spending on both food and non-food items has contributed heavily to this dampened figure in November, Spain still saw strong consumer goods spending in the third quarter of the year.

Economy

UK retailers fear the worst as shoppers shun Boxing Day sales

The traditional Boxing Day sales in the UK experienced lower footfall than in 2023, partly because of the rise of online shopping and deals. Several major retailers also remained closed on the day.

Business

Chinese car maker BYD on track to beat Honda and Ford sales

BYD, one of the biggest Chinese electric vehicle (EV) producers, has seen higher sales figures through more car trade-ins in China, edging it closer to its 2024 sales target.

Business

Strong US demand helps Watches of Switzerland clock up revenue

Although luxury watch revenues saw a slight dip, mainly because of one-time rises in showroom stocks, the company reported an increase in demand from the US.

Economy

Black Friday scams: How can shoppers better protect themselves?

Euronews Business looks at the reasons behind the rising number of Black Friday scams and explores how shoppers can better protect themselves.

Business

ASML remains bullish for 2030 outlook as AI demand stays high

The confirmation of earlier guidance from the Dutch semiconductor group is aimed at boosting investor confidence following the company's disappointing order intake in the third quarter of the year.

Business

Bayer shares fall as pharma giant’s results fail to cheer investors

Bayer’s share price fell on Tuesday, following the company releasing lacklustre third quarter earnings with a warning that the current challenges may also impact next year’s results as well.

Business

Aston Martin's losses narrow as car maker's new models boost sales

Aston Martin saw a fall in pre-tax losses for the third quarter of 2024, as sale volumes rose following a range of new model launches, including the release of the DBX707 and the new Vantage.

Business

Renault tops expectations as new model demand boosts sales

The French car manufacturer, Renault, experienced a better-than-expected revenue performance in the third quarter of the year, as demand for new models soared, leading to increased sales.

Economy

EU new car registrations for September stay on downward trend

EU new car registrations in September were mainly dampened by poor figures from France, Italy and Germany. Once again, Spain bucked the trend.

Business

Porsche sales plunge as Chinese competition heats up

German automaker Porsche has experienced dropping sales as competition in China continues to rise, with demand for some of its key electric models falling as well.