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Jeep owner Stellantis posts record profit on higher prices
Jeep owner Stellantis posts record profit on higher prices
Business and Economy
by  AFP

US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit in the first six months of the year, boosted by higher prices for its vehicles. Shipments of luxury brand Maserati, which had struggled following the Peugeot-Fiat Chrysler merger that created Stellantis in 2021, rose by more than five percent at 15,300 vehicles.

Spurs owner Lewis arrested ahead of US court appearance
Spurs owner Lewis arrested ahead of US court appearance
Business and Economy
by  AFP

The British billionaire owner of Premier League side Tottenham, Joe Lewis, was arrested on Wednesday ahead of a court appearance in New York on insider trading charges, US prosecutors said. Lewis's holding company ENIC bought a controlling interest in Tottenham in 2001 from then-owner Alan Sugar, another prominent British tycoon. pdh/bgs