BMW CEO Oliver Zipse not to extend contract beyond summer 2026
Investing.com — BMW (ETR:BMWG)’s Chief Executive Officer, Oliver Zipse, will not renew his contract beyond the summer of 2026, according to a report from Germany’s manager magazin, according to a Reuters report on Thursday. The Reuters source was quoted stating, “There
Inchcape shares plunge over 10% after J.P. Morgan downgrade to ‘neutral’
Investing.com — Shares of Inchcape (LON:INCH) took a hit on Thursday, plunging more than 10% after analysts at J.P. Morgan downgraded the stock to a “neutral” from an “overweight” rating. The downgrade reflects growing concerns over increased market volatility
Indicator points to slow recovery for European IT services during 2025: BofA
Investing.com — The recovery in the European IT services sector will likely remain gradual throughout 2025, Bank of America said in a note, citing its BofA European IT Services Indicator. The indicator’s December reading showed a slight sequential improvement but remained
European stocks mixed; Trump speech, Puma earnings in focus
Investing.com – European stock markets traded in a mixed manner Thursday, helped by the announcement of more Chinese economic largesse ahead of an eagerly-awaited speech by President Donald Trump at the World Economic Forum later in the session. At 06:40 ET
GE Aerospace forecasts 2025 profit above estimates on robust aftermarket demand
(Reuters) – GE Aerospace on Thursday forecast profit for the current year above estimates, as persistent shortage of new aircraft forces airlines to fly older jets, creating strong demand for its high-margin parts and services. The company also announced plans to