Tom Simsediting News Today

By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets – including in China and Germany – after price cuts in the United States – as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese…

By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come…

FRANKFURT -Reinsurance company Swiss Re said on Friday that net profit for 2023 surged 580%, in line with expectations, as it recovered from a difficult period a year earlier.... -February 16, 2024 at 01:18 am EST - MarketScreener

FRANKFURT -Short sellers have taken bets against more than 8% of shares in Deutsche Pfandbriefbank , filings showed on Friday, as the German lender comes under pressure on concerns over its exposure... -February 16, 2024 at 01:11 am EST - MarketScreener

FRANKFURT (Reuters) -The Bayer investor Union Investment criticized Bayer's chair for a lack of engagement, such as exploring a spin-off of the company's consumer health division, according to an interview in WirtschaftsWoche. Bayer is facing

Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry…

FRANKFURT (Reuters) -German airline group Lufthansa plans to fly the Airbus A380 again from summer 2023, it said on Monday, joining other carriers to ...

A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar trading debacle at the

By Tom Sims and Alexander Hbner FRANKFURT (Reuters) -German insurer and asset manager Allianz on Thursday said it would set aside 3.7 billion euros ($...

By Tom Sims and Alexander Hbner FRANKFURT (Reuters) -German insurer and asset manager Allianz on Thursday said it would set aside 3.7 billion euros ($...