RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Australian Household Spending Dips in December as RBA Tightens Policy 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Renault is splitting up its business into five units to grow its profit. This move is part of the Fench automaker’s overhaul plans.
According to Reuters, the Renault Group’s goal is to become a Next-Gen automotive firm built on five centralized businesses. These units are divided to address all the new value chains, including the Ampere EV and software; Alpine high-end zero-emission brand; Mobilize financial firm to enter the new mobility market, data-based services, and energy business; Neutral battery recycling business; and Power hybrid engine technologies under the Renault LCV, Dacia, and Renault brands.
“Today’s announcements are a new sign of the Renault Group team’s determination to prepare the company for the future challenges and opportunities generated by the transformation of our industry,” Renault Group’s chief executive officer, Luca de Meo, said in a press release.
The CEO further said, “After having executed one of the fastest and most unexpected recovery plans, after having prepared the company for growth by securing the development of the best product line-up in decades, we intend to position ourselves faster and stronger than competition on the new automotive value chains: EV, software, new mobility and circular economy.”
Moreover, Renault Group said on Tuesday that its major company revamp will not only see it separating its activities into five businesses, but this move will also magnify its tie-up with China's Zhejiang Geely Holding Group Co. This will also allow it to spin off its electric vehicles division via a stock market listing set for next year.
Ahead of the investor presentation this week, the French carmaker said it is targeting an operating margin of eight percent for the year 2025. Then again, its shares dipped by more than four percent while not providing details for any development about its talks with Japan’s Nissan Motor for future partnership deals.
It was mentioned that these business talks only have a week remaining for the companies to negotiate. They must reach a deal before the Nov. 15 deadline, according to insiders who have knowledge of the meetings between the automakers.
Photo by: Sébastien Chiron/Unsplash
