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RNSDF.PK Forex News
Gucci Owner Kering Reportedly Taps Renault CEO As New Chief; Shares Move
Shares of Kering SA, the Gucci owner, were gaining around 11 percent in the Paris trading after media reported that the French luxury group is set to appoint Luca de Meo, the Chief Excutive Officer of French car major Renault SA, as its new Chief. Meanwhile, Renault shares were losing around 8 percent in Paris after the company confirmed the resignation of the CEO.
RTTNews
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21 days ago
Renault H1 Profit Weak, Margin Rises, Backs Outlook; Stock Down
Shares of Renault SA were losing more than 9 percent after the French auto major on Thursday posted weak profit for the first half year, reflecting capital loss on the disposal of Nissan shares, but operating margin and revenues were higher. Renault further confirmed its 2024 financial outlook of group operating margin greater than or equal to 7.5 percent.
RTTNews
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348 days ago
