FLASH NEWS
LVMH $MC.PA French giant LVMH has struck a 10-year sponsorship deal with Formula One, covering its brands Louis Vuitton, Moët Hennessy and TAG Heuer, replacing long-time sponsor Rolex.

Exxon Mobil $XOM Energy company Exxon Mobil may move ahead with a plan to cut jobs at its Port Jerome refinery in northern France after winning a majority agreement with unions this week, a company spokesman said on Thursday.

Tesla $TSLA Tesla is reportedly planning to design 4 new versions of its own battery to power the Cybertruck, the upcoming Robotaxi, and other future electric cars.

Exciting news from LVMH on their new Formula One sponsorship deal! Looks like they're revving up their branding strategy with Louis Vuitton, Moët Hennessy, and TAG Heuer. Can't wait to see how they accelerate their presence in the racing world! 🏎️🏁