US inflation data, stocks, earnings
Stocks on the move: Tesco gains 5%, Ocado dips 2.5% Shares of Tesco rose 5% in afternoon deals as investors digested strong full-year earnings from the U.K. supermarket chain. Meantime,…
Renault to sell 5% tranche of Nissan stake
Pavlo Gonchar | LightRocket | Getty Images French carmaker Renault will sell a tranche of around 5% of its stake in Japan’s Nissan as part of a wider rebalancing of…
Nissan says all new models launched in Europe will be fully electric
Japanese carmarker Nissan announced Monday that all new models it launches in Europe will be fully electric, as it reaffirmed its aim for solely electric vehicle sales on the continent…
Nissan CEO spots key to cracking China market after demand slump
Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Speaking to CNBC’s Tanvir Gill on Wednesday, Uchida said…
Renault plans to harness geothermal energy and help heat plant
A Renault logo photographed in Bavaria, Germany. The French automotive giant says it’s targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovniov/Sopa Images | Lightrocket |…
Renault is betting the market for gasoline cars will continue to grow
Renault sees the internal combustion engine continuing to play a crucial role in its business over the coming years, according to a top executive at the French automotive giant. On…
Renault and Google team up to develop a ‘software defined’ vehicle
Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not…
Stellantis looks to Australian materials for its EVs
This image, from July 2021, shows a Citroen e-C4 electric vehicle on display at a showroom in Paris, France. Citroen is a brand of Stellantis, one of the world’s biggest…
Russian duo hail Stars Coffee as successor logo to Starbucks
Russian singer and entrepreneur Timur Yunusov, higher referred to as Timati, beverages espresso at a newly opened Stars Coffee espresso store within the former location of the Starbucks espresso store…