Stellantis Top Level ShakeUp Fails to Stem Share Slide

CEO Tavares to retire in 2026 CFO, North American chief replaced in reshuffle Moves follow profit warning last week Shares down 4, around 45 drop year to date MILANLONDON, Oct 11 Reuters Shares in FrenchItalian automaker Stellantis resumed their decline on Friday after the carmaker said CEO Carlos Tavares would retire in 2026 and announced wide management […]
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US Consumer Sentiment Slips in October

WASHINGTON, Oct 11 Reuters U.S. consumer sentiment slipped in October amid lingering frustration over high prices, a survey showed on Friday. The University of Michigan39;s preliminary reading on the overall index of consumer sentiment came in at 68.9 this month, compared to a final reading of 70.1 in September. Economists polled by Reuters had forecast […]
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S.African Rand Rises after U.S. Data Fuels Fed Rate Cut Bets

JOHANNESBURG, Oct 11 Reuters South Africa39;s rand strengthened against the dollar on Friday, after U.S. data firmed up bets on another interest rate cut by the Federal Reserve next month. At 0809 GMT, the rand traded at 17.4575 against the dollar , about 0.4 stronger than its previous close. The dollar index was last down 0.04 against […]
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FTSE 100 Little Changed; Sainsburys, BP Slip

FTSE 100 flat, FTSE 250 up 0.1 Oct 11 Reuters The bluechip FTSE 100 was flat on Friday, weighed down by losses in Sainsbury39;s after its biggest shareholder cut stake in the supermarket chain, while BP slipped as it warned on thirdquarter profit. Sainsbury39;s dropped 4.2, the top decliner on the FTSE 100, after the Qatar […]
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European Stocks Dip as Chinas Stimulus Uncertainty Weighs

Investors await further details on China39;s stimulus Little reaction in French stocks after budget Stellantis drops as CEO Tavares to retire Oct 11 Reuters European stocks dipped on Friday as nervous investors awaited updates on China39;s stimulus plans, while French markets edged down after the government unveiled its 2025 budget aimed at tackling a spiralling […]
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