Category: General

Stellantis revises 2024 financial guidance

Stellantis on Monday revised its 2024 financial guidance, citing “performance issues in North America” and the “deterioration of the sector’s global dynamics”.

Stellantis said it saw adjusted operating profit margin between 5.5% and 7% for all of 20…

Expectations on industrial production up – Confindustria

Expectations on industrial production have risen in September, Confindustria said Monday.

“In September expectations have improved on industrial production,” said the study centre of the industrial employers’ federation.

The latest the rapid survey…

Saudi Arabia announces medical, relief aid for Lebanon

ISTANBUL: Saudi Arabia issued directives Sunday to provide medical and relief aid to Lebanon amid Israel’s deadly airstrikes.

‘The Kingdom of Saudi Arabia is following with great concern the developments taking place in the Republic of Lebanon,’ the …

Oil prices rise amid Middle East conflicts, demand expectations

ANKARA: Oil prices increased on Monday amid ongoing conflicts in the Middle East and expectations that rising economic activity in the world’s largest oil-consuming countries, the US and China, will boost oil demand. However, the possibility of Saudi …