Third-quarter total was lowest since company’s 2021 merger CEO Tavares is struggling with weak demand, dealer unrest Stellantis NV’s US sales plunged 20% last quarter — the fifth consecutive decline — as the beleaguered automaker struggled to tame bloated inventories...

Firm expects to oversee $1.5 trillion of assets by 2029 Alternative asset manager reveals figures on investor day Apollo Global Management Inc. expects to generate $10 billion of annual earnings across its asset management and retirement businesses by 2029, driven by...

Activity contracts 0.2% on month, rises 2.3% on year in August Central bank cutting key rate to steady uneven activity Chile’s economic activity unexpectedly contracted in August on a decline in services, corroborating the central bank’s message that more interest...

PMIs suggest manufacturing activity contracted before stimulus Data offer last snapshot of economy before Golden Week holiday China’s factory activity continued to contract while the services sector slowed in September, as policymakers prepared an emergency stimulus...

Nikkei 225 futures plummet after Ishiba’s surprise win Ishiba opponent Takaichi opposed higher interest rates Japanese stocks will likely tumble on Monday after Shigeru Ishiba’s surprise victory in the ruling party’s leadership race raised expectations that interest...

With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, governments offered generous subsidies to...

Meta CEO’s wealth has jumped sixfold in the past two years Shares of Meta are trading near record high, up 60% this year Mark Zuckerberg’s bet on the metaverse initially looked like a colossal mistake, wiping more than $100 billion from his net worth. But now it’s...

Fund managers see pressure from dim earnings outlook, US vote Jury is out on growth impact from China’s stimulus policies European stocks face a series of hurdles to extend their 2024 rally after hitting another record high this week. Money managers at Goldman Sachs...

August core PCE price index rose 0.1%, least in three months Spending notched modest advance amid restrained income growth The Federal Reserve’s preferred measure of underlying US inflation and household spending rose modestly in August, underscoring a cooling...

CSI 300’s gain this week after stimulus is most since 2008 Shanghai Stock Exchange experienced sporadic trading delays Chinese equities capped their biggest weekly rally since 2008 with a burst of trading that overwhelmed the Shanghai stock exchange, underscoring a...

Pro bettors have taken to disguising themselves as gambling addicts so sportsbooks keep the free money flowing. Among the main challenges for a pro bettor is finding places that will take your money. If you show signs of being good, or even just highly methodical,...

Short positions caught out after stock index futures rallied Some Direct Market Access products risk liquidation, Li says A number of quantitative hedge funds in China were hit severely on Friday as the nation’s equities staged their biggest rally in years, according...

Universa’s Spitznagel expects stocks, gold, crypto to fall Sees market downturn, spike in volatility before the year end With equities hitting all-time highs and traders growing confident of an economic soft landing, the stock market appears to be in a “Goldilocks...