Trends - Renault - Business Recorder

Renault

Nissan, Renault plan India reboot with $600m investment in new models

NEW DELHI/TOKYO: Nissan Motor Co and Renault SA will invest $600 million to make six new models in India, one of...

Published 20 Feb, 2023 06:26am

Business & Finance

Renault suffers net loss of 338mn euros in 2022 due to Russia exit

BOULOGNE-BILLANCOURT: French automaker Renault said Thursday the sale of its operations in Russia pushed the company...

Published 16 Feb, 2023 11:37am

Business & Finance

Nissan, Renault to invest $600 million to make new models in India

TOKYO: Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India....

Published 13 Feb, 2023 01:19pm

Business & Finance

Nissan to buy up to 15pc stake in Renault EV unit

LONDON: Japanese car maker Nissan will buy a stake of up to 15% in Renault’s electric vehicle (EV) unit Ampere, ...

Published 07 Feb, 2023 06:07am

Business & Finance

Renault, Nissan boards approve ‘rebalanced’ alliance

LONDON: The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their...

Published 06 Feb, 2023 12:53pm

Business & Finance

Nissan, Renault reach agreement for Renault to lower stake to 15%: Nikkei

TOKYO: Nissan Motor Co and Renault SA have reached an agreement to lower the French automaker’s stake in the...

Published 30 Jan, 2023 09:13am

Business & Finance

Renault, Nissan aim to announce deal on reshaped alliance on Feb 6

TOKYO/PARIS: French car maker Renault and its Japanese partner Nissan Motor aim to formally unveil a deal to reshape...

Published 26 Jan, 2023 04:48pm

Business & Finance

Renault group sales fall 5.9% in 2022, Europe order book at record levels

PARIS: Renault group sales in 2022 fell by 5.9% to 2,051,174 vehicles, marking a fourth consecutive annual decline...

Published 18 Jan, 2023 01:05pm

Business & Finance

Renault sales fall for 4th straight year

PARIS: The Renault group on Tuesday said sales at its flagship brand fell for a fourth consecutive year in 2022 to...

Published 17 Jan, 2023 02:27pm

Business & Finance

Nissan directors endorse steps to reach deal with Renault

TOKYO: A Nissan Motor Co board committee reviewed proposals from Renault SA on Monday and endorsed pressing ahead on...

Published 17 Jan, 2023 11:23am

Opinion

Renault considers making mass-market EVs in India

Renault is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing...

Published 07 Jan, 2023 06:00am

Business & Finance

Renault and Nissan forgo Dec. 7 announcement of new deal

TOKYO: Automakers Renault and Nissan are set to forgo an announcement on Dec. 7 of a new deal on their restructured...

Published 03 Dec, 2022 10:10am

Business & Finance

Renault chairman says ‘nothing is blocking’ Nissan alliance talks

TOKYO: Nothing is blocking discussions between Nissan and Renault over the future of their alliance and the two...

Published 15 Nov, 2022 12:38pm

Business & Finance

Nissan hikes forecasts on weak yen despite falling unit sales

TOKYO: Nissan on Wednesday upgraded its full-year profit forecasts, as the depreciating yen helps inflate its...

Published 14 Nov, 2022 07:22am

Business & Finance

Renault reorganises towards electric future

PARIS: French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a...

Published 08 Nov, 2022 12:25pm

Business & Finance

Nissan mulls taking up to 15% stake in Renault’s planned EV unit: report

TOKYO: Japan’s Nissan Motor Co is considering investing up to a 15% stake in Renault SA’s planned electric vehicle...

Published 27 Oct, 2022 04:46pm

Business & Finance

Technology-sharing a sticking point as Renault, Nissan hash out reset

PARIS/TOKYO: The sharing of technology has emerged as a sticking point between Renault SA and Nissan Motor Co Ltd as...

Published 24 Oct, 2022 06:15am

Business & Finance

Renault says price hikes help sales grow in Q3, confirms outlook

PARIS: Renault on Friday said its sales rose to 9.8 billion euros ($9.57 billion) in the third quarter, in line with...

Published 21 Oct, 2022 11:14am

Business & Finance

Renault CEO tours Korea unit run with Geely amid strategy reset

Renault Chief Executive Luca De Meo toured a South Korean factory run with China’s Geely Automobile on Tuesday, as...

Published 11 Oct, 2022 12:29pm

Business & Finance

Nissan pushes partner Renault to sell down stake, may raise funds

Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as...

Published 10 Oct, 2022 11:21am

Business & Finance

Nissan pushes partner Renault to sell down stake, may raise funds

Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as...

Published 09 Oct, 2022 11:03am

Business & Finance

Aramco may take stake in Renault’s future thermal engine business

PARIS: Saudi Aramco could take a stake in the future thermal engine business that Renault plans to separate from its...

Published 01 Sep, 2022 05:53pm

Business & Finance

Nissan to cease producing cylinder heads for Renault from 2024

PARIS: Nissan said it would stop production of cylinder heads for French car maker Renault at its plant in...

Published 23 Aug, 2022 10:14pm

Business & Finance

Sell few, make more: luxury companies' strategy paying off amid economic downturn

Wealthier consumers' savings are still being eroded by inflation, but they currently seem focused on enjoying the freedoms that have returned with the easing of COVID-19 restrictions

Published 30 Jul, 2022 04:52pm

Business & Finance

Renault first-half sales volume slumps 30% after Russia exit

French carmaker Renault said car sales plunged 30% in the first half of 2022 after shutting down activities in...

Published 12 Jul, 2022 12:35pm

Business & Finance

Renault to invest $377mn in Brazil

SAO PAULO: French carmaker Renault SA said it will invest 2 billion reais ($377.12 million) in Brazil for the...

Published 01 Jul, 2022 06:57pm

Business & Finance

Renault limited to 44.4% stake in Nissan under agreement, filing shows

TOKYO: Nissan Motor Co Ltd on Thursday gave some details of its two-decade-old alliance agreement with top...

Published 30 Jun, 2022 09:40am

Business & Finance

Nissan shareholders reject proposal to designate Renault as parent

TOKYO: Japan’s Nissan Motor Co Ltd on Tuesday rejected a shareholder proposal at its annual general meeting (AGM)...

Published 28 Jun, 2022 12:30pm

Business & Finance

Renault and Nissan face legal action in France over motor problems

PARIS: Renault and Nissan faced legal action in France from customers who had suffered problems with some of their...

Published 21 Jun, 2022 06:26pm

Business & Finance

Renault sells stake in Russia’s Avtovaz, with buyback option

Renault will sell its majority stake in carmaker Avtovaz to a Russian science institute, the French carmaker said on...

Published 16 May, 2022 11:30am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 22 786 Investments Limited(786)	4.90 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 22 Al-Abbas Sugar Mills Limited(AABS)	393.99 ▼ 0.00 (0.00%)
Agro Allianz / Mar 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 22 Allied Bank Limited(ABL)	63.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 22 Abbott Laboratories (Pakistan) Limited(ABOT)	400.12 ▼ 0.00 (0.00%)
Abson Ind. / Mar 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 22 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 22 Attock Cement Pakistan Limited(ACPL)	59.01 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 22 786 Investments Limited(786)	4.90 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 22 Al-Abbas Sugar Mills Limited(AABS)	393.99 ▲ 0.00 (0.00%)
Agro Allianz / Mar 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 22 Allied Bank Limited(ABL)	63.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 22 Abbott Laboratories (Pakistan) Limited(ABOT)	400.12 ▲ 0.00 (0.00%)
Abson Ind. / Mar 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 22 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 22 Attock Cement Pakistan Limited(ACPL)	59.01 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	6,046,419 ▲ 0.00
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▲ 0.00
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▲ 0.00
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▲ 0.00
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▲ 0.00
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	4,452,500 ▲ 0.00
TPL Properties / Mar 22 TPL Properties Limited(TPLP)	4,391,678 ▲ 0.00
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	4,311,148 ▲ 0.00
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	4,273,685 ▲ 0.00
Loads Limited / Mar 22 Loads Limited(LOADS)	4,188,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 21	285.40
USD PKR Interbank Buying / Mar 21	283.90
USD to Japanese Yen / Mar 21	132.38
USD to Swiss Franc / Mar 21	0.92
Pound Sterling to USD / Mar 21	1.22
Euro to USD / Mar 21	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
India Sensex / Mar 21	58074.68
Tokyo Nikkei / Mar 21	26945.67
Nasdaq / Mar 21	11860.11
Hang Seng / Mar 21	19258.76
FTSE 100 / Mar 21	7536.22
Dow Jones / Mar 21	32560.60
Germany DAX 30 / Mar 21	15195.34
France CAC40 / Mar 21	7112.91

Item	Value
Crude Oil USD/Barrel / Mar 21	69.33
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Gold Spot USD/Ounce / Mar 21	1943.10
Cotton US¢/pound / Mar 21	77.85

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