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17/07/2026
Volvo Cars Chief Commercial Officer discusses the US market: We have indeed seen some positive signs of recovery, but the market situation is severe, facing high tariffs and changes in electric vehicle regulations.
Latest
2 m ago
Shanghai Futures Exchange: This week, copper inventories decreased by 20,362 tons, aluminum inventories decreased by 5,401 tons, zinc inventories decreased by 427 tons, lead inventories decreased by 1,361 tons, nickel inventories increased by 11,078 tons, tin inventories decreased by 268 tons, and natural rubber inventories decreased by 190 tons.
5 m ago
The Volkswagen Works Council stated that the company's restructuring will endanger approximately 140,000 jobs.
5 m ago
The Volkswagen Workers' Committee stated that the company's restructuring will put approximately 140,000 jobs at risk.
9 m ago
Sweet Potato Robot signs strategic cooperation agreement with Bosch subsidiary.
9 m ago
Burberry Group's sales for all product lines have achieved growth for the first time in three years, with particularly strong demand for the iconic check apparel and accessories, especially in the key American market at the beginning of the summer sales season. Burberry announced on Friday that like-for-like sales for the first quarter ending in June increased by 5%, which largely met analysts' expectations. Sales in the Americas region grew by 12%. CEO Joshua Schulman, who began leading the brand's transformation two years ago, has focused on initiatives such as inventory reduction, price reductions, and re-focusing on the brand's iconic products. By improving product displays, including increasing model and scarf displays, he has helped attract both loyal and new customers. Despite the growth in sales, the entire luxury goods industry is still facing severe slowdown. As of Thursday's closing, Burberry's stock price has fallen by 12% year to date.
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