Where most European car builders see their profit shrink due to the American import duties and global price increases, the money flows into Ferrari. The Italian supercars remain popular and the higher demand was the extra costs of taxes. Ferrari made more sales and profit last quarter than in the same quarter a year ago. […]
Renault suffered a loss of billions in the first half of this year. This is mainly due to an adjustment of the stake in car manufacturer Nissan. Without Nissan’s loss, Renault would have made almost 500 million euros in profit. The Japanese car manufacturer Nissan has been suffering losses for some time. That is why
Solar panel owners have paid about 10 percent more in feed-in tariffs for their electricity in the past quarter. As a result, it is taking longer and longer to recoup the cost of your solar panels. Energy comparison site Overstappen.nl compared the fixed contracts of 21 suppliers. Compared to March, small solar panel owners in
Dutch people are increasingly taking out mortgages with a mortgage guarantee, a safety net for residual debt. The NHG, the organization behind this safety net, has “mixed feelings” about the increase in existing homes. In addition, the strong increase in new construction is striking. The number of guarantees for new-build homes was more than 40
The Indian Tata Steel, which also owns the blast furnaces in IJmuiden, is trying to sell more steel in the Middle East and Latin America. According to CEO T.V. Narendran, this is due to the high American import duties. The company is looking at “other markets where there is a need for high-quality steel and
The ice cream division of Unilever will go to the Amsterdam stock exchange in mid-November. The division, which includes Magnum, Cornetto and Ben & Jerry’s, will then be officially spun off. Unilever announced this with its half-year figures, in which the company reported higher sales and profit. The British food group, which also owns Knorr,
Fewer and fewer people are in arrears on their mortgage, reports the Bureau Krediet Registratie (BKR) foundation. It sees that people are more often able to pay their mortgage without problems. According to the foundation, more than 30,000 people had a mortgage arrears in June. That was less than in the same period last year.
Shell has made less profit in recent months than a year earlier, but the decline was smaller than expected. The company faced falling oil prices, which showed large fluctuations. Nevertheless, the company is buying back 3.5 billion euros worth of its own shares. Profit for the past quarter amounted to 3.8 billion euros, Shell reported
Chinese e-commerce company JD.com has bid 2.2 billion euros for German Ceconomy, the company behind MediaMarkt and Saturn. The two companies reached an agreement on that bid on Wednesday evening. Earlier this month, there were already rumors about advanced talks about a bid and a possible takeover. That bid was made on Wednesday evening. The
Air France-KLM has achieved significantly higher profits in recent months compared to the same quarter last year. The group experienced increased revenue and lower fuel costs. The company transported over 27 million passengers, also more than last year. Revenue rose to over 8.4 billion euros, Air France-KLM writes in a press release on Thursday. This