Volkswagen’s Profit Engine Stalls: China, EV Costs Drive Margin Outlook to 1%

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‼️ 🇩🇪 Volkswagen slashed its 2025 outlook for the fourth time, now forecasting just a 1% return on sales versus its previous 4%–5.5% range, as China weakness, restructuring costs and the shift to battery-electric vehicles erode roughly €10 billion in profit. BEV adoption is weighing particularly heavily on Audi and Volkswagen Passenger Cars, while weaker Porsche guidance has prompted Volkswagen to book an approximately €6 billion non-cash impairment charge. The world’s second-largest automaker also faces planned job cuts, fierce Chinese competition in Europe and labor-union resistance to closing underperforming plants.

Beauty Meets Wellness: The New Battleground for Consumer Spending

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Alpha Binwani Capital: “As consumers take a more holistic approach to shopping, beauty, health and wellness are increasingly competing for the same budget. The lines between these categories are blurring, creating an advantage for retailers that offer the right mix of products across price points—from affordable essentials to premium brands—Walmart told CNBC”

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Russia Targets Nestlé Assets in Latest Foreign Corporate Takeover

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‼️ Nestlé is reviewing its options after Russia placed its local assets under temporary external administration, a step that could enable Kremlin-aligned investors to take control of its Russian operations. The move also affects assets linked to Auchan and Leroy Merlin, and follows Moscow’s seizure of dozens of Western-owned businesses under a 2023 legal framework, including Carlsberg, Danone and Fortum.

Najib Razak Wins House Arrest Reprieve After Four Years in Prison

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‼️ 🇲🇾 Malaysia’s jailed former Prime Minister Najib Razak has won approval to serve the rest of his sentence under house arrest, delivering a reprieve for the central figure in the country’s largest corruption scandal after four years in prison. The decision followed a second Pardons Board meeting in two weeks, chaired by King Sultan Ibrahim Iskandar, to consider Najib’s royal-pardon bid.