Nissan cuts output at top Japanese plant, sources say. By Maki Shiraki and Daniel LeussinkTOKYO (Reuters) – Nissan (OTC: NSANY) cut planned production by a third at its top Japanese plant this month, a move that will also see it slash output of a flagship...
Stellantis (NYSE: STLA) to sell majority stake in Comau robotics unit to One Equity Partners MILAN (Reuters) – Carmaker Stellantis (NYSE: STLA) will sell a majority stake in its robotic unit Comau to One Equity Partners, the three companies said in a statement...
Universal Music Group shares drop 30% as streaming growth disappoints. (Reuters) – Universal Music Group (AS: UMG) shed around $15 billion off its value on Thursday after the world’s biggest music label reported lower-than-expected streaming and...
General Dynamics (NYSE:GD) quarterly revenue rises on higher defense demand. General Dynamics (NYSE:GD) reported an 18% rise in second-quarter revenue on Wednesday, helped by higher demand for its ammunitions and nuclear-powered submarines.Despite cost pressures owing...
Italy seizes 121 million euros from Amazon unit over alleged tax, labor offenses. MILAN (Reuters) – Italy’s tax police have seized some 121 million euros from an Italian unit of e-commerce giant Amazon (NASDAQ: AMZN) as part of an investigation into...
