Hyundai Motor Q4 profit falls 17% as discounts weigh
SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) reported on Thursday a 17% fall in fourth-quarter operating profit, declining more than analysts estimated, as it spent more on promotions in a slowing car market. Hyundai, which together with affiliate Kia is the
Hyundai Motor forecasts slowing revenue growth in 2025 after Q4 miss
SEOUL (Reuters) -South Korea’s Hyundai Motor (OTC:HYMTF) expected on Thursday its 2025 sales growth would halve due to softening vehicle demand and rising competition after reporting a 17% drop in fourth-quarter profit. Hyundai, which together with affiliate Kia is the world’s
Meta’s revised paid ad-free service may breach EU privacy laws, consumer group says
By Foo Yun Chee BRUSSELS (Reuters) -Meta Platforms’ revised no-ads subscription service may still breach EU consumer and privacy laws in addition to antitrust rules, the European Consumer Organisation (BEUC) said on Thursday as it urged regulators to act against the
Stargate initiative ‘directional win-win’ for Oracle and Microsoft – TD Cowen
Investing.com– Oracle Corporation (NYSE:ORCL) and Microsoft Corporation (NASDAQ:MSFT) stand to benefit significantly from their roles in the newly announced Stargate initiative – a $500 billion private-sector investment aimed at advancing artificial intelligence (AI) infrastructure, TD Cowen analysts said in a note. The