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10.03.26 - 12:48
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VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales (The Guardian)
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Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brandsBusiness live – latest updatesEurope's largest automaker, Volkswagen, is to shed 50,000 jobs by the end of the decade, as it faces falling sales in China and North America and punitive US tariffs imposed by Donald Trump.The 10-brand group, whose luxury subsidiaries Porsche and Audi are also under pressure, said the jobs would go in Germany, affecting the entire group, as part of a restructuring drive in light of the darkening global business climate. Continue reading......
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10.03.26 - 04:00
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3 reasons to buy NextDC shares today (Fool)
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A leading investment analyst says NextDC shares are well-positioned to outperform. But why?
The post 3 reasons to buy NextDC shares today appeared first on The Motley Fool Australia....
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09.03.26 - 09:15
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Full-day Takeaway: HSI Down 348 pts; HSTI Down 5 pts; PING AN Down over 3%; CHINA SHENHUA, PETROCHINA, YANCOAL AUS, YANKUANG ENERGY Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 348 pts or 1.4% to 25,408. HSTI dropped 5 pts or 0.1% to 4,941. HSCEI fell 46 pts or 0.5% to 8,581. Market turnover reached $392.33 billion.Active Heavyweights:PING AN (02318.HK) closed at $62.65, down 3.1%MEITUAN (03690.HK) closed at $78.7, up 2.4%BABA (09988.HK) closed at $128.7, down 1.5%XIAOMI (01810.HK......
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09.03.26 - 05:15
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Midday Takeaway: HSI Down 656 pts; HSTI Down 115 pts; PING AN Down over 5%; BABA Down over 3%; CNOOC, CHINA SHENHUA, PETROCHINA, YANCOAL AUS, YANKUANG ENERGY Hit New Highs (AAStocks)
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At midday close, HSI dropped 656 pts or 2.5% to 25,101. HSTI dropped 115 pts or 2.3% to 4,832. HSCEI fell 157 pts or 1.8% to 8,470.Active Heavyweights:PING AN (02318.HK) closed at $61.4, down 5%BABA (09988.HK) closed at $125.5, down 4%TENCENT (00700.HK) closed at $510.5, down 1.6%XIAOMI (01810.HK) closed at $33.06, down 1.1%MEIT......
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