November 8, 20240 Comments

European shares log third week of declines on China, tariff jitters By Reuters

By Shashwat Chauhan and Sruthi Shankar (Reuters) -Europe’s benchmark logged its third consecutive week of declines on Friday, hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a Trump presidency hurting economic growth. The pan-European STOXX 600 closed down 0.6%, with China-exposed sectors such as miners and luxury losing more than 3% each. Most major subsectors were in the red barring defensive sectors such as

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November 8, 20240 Comments

Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans

The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024.  Danielle DeVries | CNBC Shares of Japanese automaker Nissan tumbled as much as 10.12%, a day after the company posted downbeat quarterly results and said it would reduce global production capacity by 20%. Shares of the company — which also announced plans to cut staff by 9,000 — hit a four-year intraday low

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