Business
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers Stellantis shares fell the most on…
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plunges
Business
Microsoft plunges, Meta rallies as investors demand AI payoffs
Microsoft is under growing investor pressure to justify its soaring capital outlay Tech earnings so far this week have sent a clear…
Business
China silver fund plunges after string of moves to quell frenzy
Other Chinese funds linked to the metals have also seen big gains and warnings to investors THE value of China’s only pure-play silver…
News
San Francisco Plunges into Darkness after Power Outage Impacts 130K Homes and Brings Self-Driving Cars to a Halt in Middle of Streets
San Francisco was thrown into complete darkness on Saturday night after a major power outage knocked out electricity across nearly 30…
Business
Interparfums SA Stock Plunges Following Adjusted Full-Year Outlook
PARIS – Interparfums SA stock deeply declined Wednesday morning after the publication of its new outlook for 2025. “Despite the slowdown…
Business
Japan's Nikkei plunges by most in seven months on tech selloff
Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off tech stocks following…
News
Trump Admits He Doesn’t Care About “Affordability” as Economy Plunges
The CBP chief had originally claimed that Bovino deployed tear gas canisters after he was hit in the head by a rock, but in his hourslong…
Business
iFast plunges over 11% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged minutes after the market opened on Tuesday (Aug 19), as major shareholder CP Invest – a subsidiary of…
Business
iFast plunges 8.5% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged on Tuesday (Aug 19), as substantial shareholder CP Invest – a subsidiary of Temasek-owned Cuscaden Peak…
Business
Mercedes-Benz profit plunges on tariff, China woes
Premium German carmaker Mercedes-Benz said Wednesday (Jul 30) its second-quarter profit plunged nearly 70 per cent due to US tariffs and…
Business
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the…
Business
Trump says he wants Musk to ‘thrive’ as Tesla stock plunges
President Donald Trump took to social media Thursday morning to support Elon Musk’s car company, a startling development given their…
Fashion
Alex Chiu: New York Ski Mountaineer Plunges to His Death from 3,000ft While Climbing America's Tallest Mountain
A ski mountaineer from New York plunged to his death from 3,000 feet from the highest peak in the United States. Alex Chiu, 41, was…
Business
Lululemon plunges with growth plans threatened by Trump tariffs
LULULEMON Athletica posted a second straight disappointing quarter, fueling concerns that rising competition and new tariffs are derailing…
Business
UK car making plunges to lowest for more than 70 years
Imran Rahman-Jones Business reporter The number of vehicles manufactured in the UK fell sharply last month, as UStariffs and the timing of…
Business
HP plunges after cutting profit outlook on tariffs, economy
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings…
Business
China’s top chipmaker SMIC plunges after projecting lower sales
Semiconductor Manufacturing International Corporation (SMIC) plunged on Friday (May 9) after China’s leading chipmaker warned sales could…
Business
Krispy Kreme stock plunges nearly 30% as it ends dividends, pauses McDonald’s expansion
Shares of Krispy Kreme Inc. (NASDAQ: DNUT) plunged over 28% on Thursday after the donut-and-coffee chain said it will no longer pay out…
Business
Porsche's Q1 profit margin plunges on China weakness, US tariffs
Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter, below analyst…
Business
iFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million iFast shares plunged…
Business
Europe: Shares advance as Trump hints at auto-related tariff relief; LVMH plunges
European shares rose on Tuesday (Apr 15) as investors weighed fast-changing US tariff plans, while shares of LVMH slumped after the luxury…
Business
Aztech Global’s Q1 profit plunges 90.6% to S$1.5 million on demand drop
Earnings per share for the period comes in at S$0.002, down from S$0.0206 a year ago Aztech Global’s net profit for the quarter ended Mar…
Business
Gold plunges to 3-1/2-week low as market sell-off hits bullion
GOLD prices continued to face turmoil on Monday, and hit their lowest levels in more than three weeks, as a wider market sell-off…
Business
Gold plunges to lowest in over 3 weeks as market sell-off hits bullion
GOLD prices continued to face turmoil on Monday, and hit their lowest levels in more than three weeks, as a wider market sell-off…