Stellantis

Stellantis to Prolong Reduced Work Hours at Historic Turin Facility

Stellantis faces mounting operational challenges as the automotive giant extends workforce reductions at its historic Turin facilities. The company’s decision reflects broader market pressures affecting European automakers in 2025. These developments signal significant implications for both workers and stock market investors monitoring the automotive sector. The Italian-French automaker continues navigating a complex landscape of declining…

US Economy

US Economy Grew 3.3% in Q2, Stronger Than Initial Forecasts

The US economy expanded at a faster pace than expected in the second quarter of the year. Growth reached 3.3%, well above the initial 3.0% forecast. This upward revision highlights stronger consumer activity, improved business investment, and a significant boost from trade. Consumer spending rose by 1.6%, driven by steady demand for goods and services….

Buffett’s Firm

Berkshire News: Buffett’s Firm Increases Mitsubishi Stake to 10.23%

Berkshire Hathaway has once again made headlines in Japan. Warren Buffett’s Berkshire Hathaway has lifted its stake in Mitsubishi Corporation to 10.23%. This move signals growing confidence in Japan’s largest trading company and the wider Japanese market. Mitsubishi is not just a name in Japan. It is a global player in energy, resources, and consumer…

Centrelink Debt Scandal

Centrelink Debt Scandal: 3 Million Australians May Claim $600 Compensation

The Centrelink Debt Scandal has shaken public trust in Australia’s welfare system. With nearly three million Australians now eligible to claim a $600 compensation payment, the issue continues to dominate national headlines. This scandal, often linked with the infamous Robodebt scheme, highlights how flawed government processes can impact millions of citizens. Understanding the Centrelink Debt…

Jio Financial

Jio Financial AGM: Stock Starts Strong, Slips 1% on Profit Booking

Jio Financial Services, a prominent player in India’s financial sector, recently held its Annual General Meeting (AGM) on August 28, 2025. The event attracted significant attention from investors and market analysts alike. The company’s stock opened on a positive note, reflecting optimism surrounding the AGM’s outcomes. However, by the day’s close, the stock experienced a…

Pernod Ricard

Pernod Ricard Predicts Q1 Sales Drop Amid China and U.S. Weakness

Global spirits giant Pernod Ricard has issued a cautious outlook for its first-quarter results, warning investors of a potential sales decline driven by weakness in two of its largest markets, China and the United States. The French beverage maker, which owns world-famous brands such as Absolut vodka, Jameson whiskey, Chivas Regal, and Martell cognac, is…

SMBC Deal

After a 20% Fall, will the RBI-approved SMBC Deal Rescue Yes Bank?

Yes Bank’s share price has slipped by nearly 20% over the past twelve months. With increasing investor concerns, RBI gave the go-ahead to the SMBC Deal, whereby Sumitomo Mitsui Banking Corporation was allowed to purchase shares to the extent of 24.99 percent in Yes Bank. The approval is valid for one year and awaits final…

Yes Bank Shares

Yes Bank Shares Jump 5% After RBI Approval, Should You Buy Now?

On Monday, Yes Bank shares jumped by about 5 percent, reaching over ₹20 per share. The big reason? The RBI has cleared Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to acquire close to 25% of Yes Bank’s paid-up share capital along with voting rights. That’s a big deal because SMBC is not just any investor; it’s…

Ola Electric Rise

Ola Electric Rise: Stock Jumps 2.78%, Shines in Nifty Midcap 150

Ola Electric is making headlines again. Its stock rose by 2.78% and stood out in the Nifty Midcap 150 index. This move caught the eye of investors and market watchers alike. We know Ola Electric is not just another company. It is leading India’s shift toward electric mobility with affordable scooters and clean energy solutions….

ITC Shares

ITC Shares Outlook: Can FMCG Giant Bounce Back Amid Challenges?

ITC has been one of India’s most talked-about companies in the stock market. Known first for its cigarette business, the company has now built a strong presence in fast-moving consumer goods, hotels, paperboards, and agri-business. The stock often draws attention whenever sector trends shift, with a market cap that keeps ITC among the top firms…