Sunday, February 22, 2026
Business
Tesla profits tumble on higher costs, tariff drag
New York (AFP) - Tesla reported a hefty drop in profits Wednesday, citing a drag from tariffs and other expenses...
Car giant VW warns of production hit from Nexperia chips row
Frankfurt (Germany) (AFP) - Germany's Volkswagen warned Wednesday that its car production could be hit by a shortage of Nexperia...
Hermes defies US tariffs as sales grow
Paris (AFP) - Sales by French luxury group Hermes, known for its silk scarves and leather handbags, defied US tariffs...
‘Mixed performance’: Heineken beer sales down
Amsterdam (AFP) - Dutch brewer Heineken Wednesday reported a steep drop in beer sales in the third quarter, driven by...
Adidas hikes profit forecast as contains US tariff impact
Berlin (AFP) - German sportswear giant Adidas on Tuesday raised its 2025 earnings forecast after posting record third-quarter sales and...
Dodging Trump’s tariffs, Brazil’s Embraer lands record orders
Sao Paulo (AFP) - Brazilian aircraft manufacturer Embraer on Tuesday reported a record order backlog in the third quarter of...
GM shares soar on better tariff outlook and EV backpedal
New York (AFP) - General Motors shares soared Tuesday after reporting strong results as it adjusts strategy over US President...
Ozempic-maker Novo Nordisk to shake up board
Copenhagen (AFP) - Denmark's Novo Nordisk said Tuesday it would replace more than half of its board, including the chair,...
Hermes taps British designer to lead its menswear line
Paris (AFP) - French luxury company Hermes on Tuesday announced that a British designer, Grace Wales Bonner, is taking over...
Maradona’s heirs sign deal with Swedish company to market brand
Stockholm (AFP) - The five heirs to Argentinian football legend Diego Maradona, who died in 2020, have signed a deal...
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