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News Digest / Lukas Schmidt

Author: Lukas Schmidt

05:34am, Thursday, Apr 30, 2026

Volkswagen Signals More Cost Cuts After Profits Fall 14% in Q1

Volkswagen's Q1 operating profit dropped 14%, hit by tariffs and Chinese competition. Despite cost-cutting moves, the automaker says further structural changes are needed to boost efficiency and drive profits.

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05:26am, Thursday, Apr 30, 2026

Puma's Q1 Earnings Surprise on Operating Profit Boosted by Inventory Moves

04:54am, Thursday, Apr 30, 2026

Befesa Posts Margin Gains Despite Dip in Sales Volumes for Q1

04:51am, Thursday, Apr 30, 2026

Seagate's Strong Forecast Drives Storage Sector Rally Amid AI Boom

09:47am, Wednesday, Apr 29, 2026

Morgan Stanley Boosts ADNOC Gas Rating on Potential Strait of Hormuz Reopening

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09:41am, Wednesday, Apr 29, 2026

Kone to Acquire TK Elevator in $34 Billion Deal, Forming Largest Elevator Company Globally

08:54am, Wednesday, Apr 29, 2026

Yum! Brands Beats Q1 Estimates on Taco Bell's Budget-Friendly Boost

08:51am, Wednesday, Apr 29, 2026

SoFi Smashes Lending Records but Shares Dip on Cautious Outlook

08:32am, Wednesday, Apr 29, 2026

Russia Confirms OPEC+ Membership Amid UAE's Shock Exit

08:24am, Wednesday, Apr 29, 2026

Eli Lilly's Foundayo Launch Sparks Investor Interest Amid Early Sales Uncertainty

07:58am, Wednesday, Apr 29, 2026

Kevin Warsh Nears Senate Confirmation to Lead the Federal Reserve

07:49am, Wednesday, Apr 29, 2026

Airbus Sees Profits Halve as Delivery Bottlenecks Slow Jet Output

08:32am, Tuesday, Apr 28, 2026

Oil Prices Surge Nearly 2% Amidst Prolonged U.S.-Iran Tensions and Strait of Hormuz Blockade

08:31am, Tuesday, Apr 28, 2026

Nippon Express Shares Jump Following Elliott Management's New Stake Disclosure

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07:45am, Tuesday, Apr 28, 2026

BP's Q1 Profits Surge Past Expectations as Middle East Conflict Pushes Oil Prices Up

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