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Porsche Cars Canada - Porsche Macan Electric Receives Two Years Of Inclusive Electrify Canada Charging

BRIEF-Porsche Cars Canada - Porsche Macan Electric Receives Two Years Of Inclusive Electrify Canada Charging Oct 16 (Reuters) - Porsche Automobil Holding SE PSHG_p.DE : PORSCHE CARS CANADA: PORSCHE MACAN ELECTRIC RECEIVES TWO YEARS OF INCLUSIVE ELECTRIFY CANADA CHARGING PORSCHE CARS CANADA: MACAN ELECTRIC PRICING STARTS AT $94,900, INCLUDING CHARGI
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Adidas AG, Covivio SA, L'Oreal

EUROPE RESEARCH ROUNDUP-Adidas AG, Covivio SA, L'Oreal Oct 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Adidas AG, Covivio SA and L'Oreal, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : RBC raises target price to EUR 265 from EUR 260 * Covivio SA CVO.PA : JP Morgan raises to overweight from neutral * L'Oreal OREP.PA : JP Morgan cuts to underweight from neutral * OCI NV OCI.AS : JP Morgan cuts to neutral from overweight * Wizz
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EU champions’ hope will slam into hard M&A reality

BREAKINGVIEWS-EU champions’ hope will slam into hard M&A reality The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Oct 16 (Reuters Breakingviews) - Brussels wants European companies to join together and compete with U.S. and Chinese rivals. In many cases, however, national politicians and investors may have different ideas.
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Horizon Robotics seeks $696 mln in Hong Kong IPO, would be city's largest in 2024

UPDATE 1-Horizon Robotics seeks $696 mln in Hong Kong IPO, would be city's largest in 2024 Adds deal detail from sixth paragraph By Scott Murdoch SYDNEY, Oct 16 (Reuters) - Chinese autonomous driving firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering, as the city's listings market shows signs of renewed activity after a nearly two-year slump.
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Horizon Robotics seeks $696 mln in Hong Kong IPO, would be city's largest in 2024

UPDATE 1-Horizon Robotics seeks $696 mln in Hong Kong IPO, would be city's largest in 2024 Adds deal detail from sixth paragraph By Scott Murdoch SYDNEY, Oct 16 (Reuters) - Chinese autonomous driving firm Horizon Robotics is aiming to raise up to $696 million in a Hong Kong initial public offering, as the city's listings market shows signs of renewed activity after a nearly two-year slump.
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Tesla gets green light from German authorities for first stage of plant expansion

Tesla gets green light from German authorities for first stage of plant expansion Oct 15 (Reuters) - Tesla TSLA.O came one step closer to achieving its planned doubling of capacity at its plant near Berlin on Tuesday when the local environment ministry granted approval for it to build another large hall. The approval granted permission for the carmaker to proceed with the first of three stages of the expansion, including construction of infrastructure for storage facilities, a battery cell test
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Union slams wage offer for key German industries with threat of strikes

UPDATE 2-Union slams wage offer for key German industries with threat of strikes Employers propose 3.6% rise vs union demand of 7% Siemens, BMW, Mercedes involved in talks Strikes possible from Oct. 29 Updates throughout with formal offer, background, quotes from union and employers' side By Ilona Wissenbach and Alexander Hübner NUREMBERG, Germany, Oct 15 (Reuters) - G ermany's largest industrial union slammed a proposed pay rise for almost 4 million workers in key sectors on Tuesday as too lit
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Stellantis CEO Tavares defends record in Paris over US crisis

FOCUS-Stellantis CEO Tavares defends record in Paris over US crisis Stellantis CEO spoke at four car show events Under pressure to fix US business after big profit warning Tavares cited 'personal reasons' for not seeking further term as CEO CEO did not rule out job cuts to revive business Updates intro, adds detail in 9th paragraph and shares in 14th paragraph By Nick Carey, Ben Klayman and Gilles Guillaume PARIS, Oct 14 (Reuters) - Stellantis STLAM.MI CEO Carlos Tavares alternated between defia
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Stellantis CEO Tavares in Paris spotlight over US crisis

FOCUS-Stellantis CEO Tavares in Paris spotlight over US crisis Stellantis CEO scheduled to speak at five car show events Under pressure to fix US business after big profit warning Tavares has said he will step down in 2026 Adds Stellantis CEO commentary in paragraphs 5, 6 and 7 By Nick Carey, Ben Klayman and Gilles Guillaume PARIS, Oct 14 (Reuters) - Stellantis STLAM.MI CEO Carlos Tavares kicked off a packed schedule of public events at the Paris auto show on Monday with comments that alternated
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China-Europe rivalry heats up at Paris car show as EV tariffs loom

REFILE-UPDATE 5-China-Europe rivalry heats up at Paris car show as EV tariffs loom Refiles to add dropped first name and title of Phil Dunne in last paragraph Chinese brands including BYD, Leapmotor unveiling new models European automakers out in force to defend home turf EU planning tariffs on Chinese-made EVs amid weak market BYD warns tariffs will lead to higher prices, deter buyers By Nick Carey PARIS, Oct 14 (Reuters) - Chinese and European automakers went head-to-head at the Paris car show
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Stellantis CEO Tavares in Paris spotlight over US crisis

FOCUS-Stellantis CEO Tavares in Paris spotlight over US crisis Stellantis CEO scheduled to speak at five car show events Under pressure to fix US business after big profit warning Tavares has said he will step down in 2026 Updates paragraph 1, adds Tavares comment in 4 By Nick Carey, Ben Klayman and Gilles Guillaume PARIS, Oct 14 (Reuters) - Stellantis STLAM.MI CEO Carlos Tavares kicked off a packed schedule of public events at the Paris auto show on Monday with defiant comments about the compan
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Bunzl, Equinor ASA, L'Oreal

EUROPE RESEARCH ROUNDUP-Bunzl, Equinor ASA, L'Oreal Oct 14 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bunzl, Equinor ASA and L'Oreal, on Monday. HIGHLIGHTS * Adidas AG ADSGn.DE : UBS raises target price to EUR 279 from EUR 275 * Bunzl BNZL.L : JP Morgan raises to overweight from neutral * Equinor ASA EQNR.OL : Morgan Stanley raises to equal weight from underweight * L'Oreal OREP.PA : Citigroup cuts target price to EUR 420 from
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Chinese and European automakers face off at Paris car show

Chinese and European automakers face off at Paris car show Chinese brands including BYD, Leapmotor to unveil new models European automakers out in force to defend home turf EU planning tariffs on Chinese-made EVs amid weak market GAC says show marks launch of its European expansion By Nick Carey PARIS, Oct 14 (Reuters) - Chinese and European automakers are going head-to-head at the Paris car show on Monday, with tensions running high as the EU gears up to impose hefty import tariffs on Chinese-m
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Stellantis CEO Tavares in Paris spotlight over US crisis

FOCUS-Stellantis CEO Tavares in Paris spotlight over US crisis Stellantis CEO scheduled to speak at five car show events Under pressure to fix US business after big profit warning Tavares has said he will step down in 2026 By Nick Carey, Ben Klayman and Gilles Guillaume PARIS, Oct 14 (Reuters) - Carlos Tavares' packed schedule of public events at the Paris auto show on Monday signals the Stellantis STLAM.MI CEO will come out fighting after a massive profit warning in late September, even after a
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Low-cost hybrid tech gives Renault breathing space in tough EV transition

FOCUS-Low-cost hybrid tech gives Renault breathing space in tough EV transition Renault's hybrid sales rise 55% in January-August French carmaker's low-cost hybrid tech uses fewer parts Renault's EV sales stagnant, needs 20% EV sales to meet 2025 CO2 targets - source By Gilles Guillaume PARIS, Oct 14 (Reuters) - Renault CEO Luca de Meo's bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe's fast-growing hybrid car market, giving it some breathing space a
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China trade tensions cast shadow on automakers' investment plans, TomTom CEO says

China trade tensions cast shadow on automakers' investment plans, TomTom CEO says By Mathias de Rozario Oct 11 (Reuters) - Trade tensions between China and the West have put a dampener on carmakers' investment decisions and longer-term outlooks, creating a level of uncertainty in the industry, the CEO of digital mapping specialist TomTom said on Friday.
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STOXX 600 touches 1-week high; China stimulus, earnings eyed

UPDATE 2-STOXX 600 touches 1-week high; China stimulus, earnings eyed For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Investors await further details on China's stimulus Little reaction in French stocks after budget Stellantis drops as CEO Tavares to retire Moody's cuts Volkswagen's outlook to 'negative' Updated at 1543 GMT By Paolo Laudani, Sruthi Shankar and Johann M Cherian Oct 11 (Reuters) - European stocks reversed early losses and
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Volkswagen Q3 deliveries down, confirming challenges to European auto sector

Volkswagen Q3 deliveries down, confirming challenges to European auto sector Oct 11 (Reuters) - Volkswagen Group VOWG_p.DE reported a 7% decline in third-quarter global deliveries on Friday, showing the extent of challenges faced by the European auto sector. Europe's top automaker is undergoing a major revamp as it considers German plant closures for the first time due to weak European demand, competition from China, challenges presented by vehicle electrification, and high production costs in G
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Northvolt in talks for about 200 million euros in funding, sources say

EXCLUSIVE-Northvolt in talks for about 200 million euros in funding, sources say Northvolt seeks 200 million euros to stabilise finances short-term Scania spearheads talks, BMW not involved in fundraising Northvolt faces production issues and competition from China German government says Heide factory project unaffected Adds details on funding in 5th and 11th paragraphs, Scania and BMW in paragraphs 14-17 and context in 4th paragraph and paragraphs 20-21, German govt spox in graphs 18-19 By Anou
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Porsche's nine-month China sales plunge by third

Porsche's nine-month China sales plunge by third STUTTGART, Oct 11 (Reuters) - German sports car maker Porsche P911_p.DE on Friday posted a 29% nine-month sales drop in China, joining peers BMW BMWG.DE and Mercedes MBGn.DE in reporting weaker results in the country. The slump in China, the world's biggest car market, and the ongoing model revamp weighed on the overall result, with global sales falling by 7% to 226,026 units in January-September.
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