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Stellantis, the multinational automotive giant, has announced a significant leadership change. CEO Carlos Tavares plans to retire in early 2026 at the age of 68. The company will also see immediate management restructuring, with Doug Ostermann, previously China Chief, replacing CFO Natalie Knight. This shift aims to simplify operations and enhance organizational performance amid challenging global conditions. Tavares, who joined Stellantis after a notable tenure at Renault and PSA, has been p..

The European Court of Justice has annulled the fishing and agriculture agreements between the European Union and Morocco, citing the lack of consent from the people of Western Sahara. This decision highlights the rights of the Polisario Front, representing the Sahrawi independence movement, to challenge these agreements. The cancellation could lead to significant financial losses for Morocco, potentially losing 52 million euros annually from allowing 128 European vessels, mainly from Spain's A..