Ryanair (RYA.I) announced on Thursday that it will cut 17 flights from its winter schedule at Dublin airport and move…
Business
Qantas chairman refuses to quit amid investor pressure – ABC News. According to an interview with a radio show, the…
Swiss medical technology company Ypsomed (YPSN.S) announced a long-term autoinjector supply arrangement with Novo Nordisk (NOVOb. C.O.), demonstrating how the…
VinFast will deliver EVs to Europe this year as the EU probes China’s rivals. As the European Union mulls slapping…
After Beijing established stricter export conditions on Aug. 1, certain Chinese enterprises have secured gallium and germanium export licenses, the…
Oil prices plummeted by more than $1 on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision, leaving investors…
Chevron unions again failed to reach a deal to halt Australian LNG strikes. The most recent round of negotiations between…
In a report on the next decade, French grid operator RTE said massive short-to-medium-term investments are needed in the power…
According to figures from the European Automobile Manufacturers Association (ACEA), nearly one in every five new cars sold in the…
On Wednesday, the Commonwealth Bank of Australia (CBA.AX) announced a partnership with Tesla (TSLA.O) to finance EV purchases. Customers can…
Due to new export restrictions on the two chipmaking metals, China’s exports of germanium and gallium goods in August dropped…
Asia stocks slide amid China woes; Japan catches up on chip sell-off. Concerns about the Chinese real estate market caused…
On Tuesday, tour operator TUI (TUI1n.DE) reiterated its full-year outlook for the 2023 fiscal year. Despite extreme weather like flooding…
The Canadian union Unifor announced late Monday that contract talks with Ford Motor (F.N) were ongoing. It recommended members to…
Swedish defense equipment manufacturer Saab (SAABb.ST) announced on Monday that the U.S. Department of Defense has placed a new order…
Societe Generale (SOGN.PA) shares fell more than 6% in early Monday trade after France’s third-largest bank indicated in a long-awaited…
Bob van Dijk has resigned as chief executive officer at both the Dutch-listed technology investor Prosus NV (PRX.AS) and its…
Alibaba Group Holding Ltd (9988. HK), a Chinese e-commerce behemoth, has informed Turkish President Tayyip Erdogan that it intends to…
The strike-hit Wheatstone LNG project in Western Australia resumed full production on Monday after a problem last week curtailed production…
Erdogan asks Musk to build a Tesla factory in Turkey. On Monday, Anadolu Agency reported that Turkish President Recep Tayyip…
GM expects to be forced to idle the Kansas auto plant next week. The United Auto Workers union went on…
Salesforce to hire 3,300 people after layoffs earlier this year, Bloomberg reports. After making layoffs of 10% of its workforce…
The Chinese foreign ministry announced Friday that Northrop Grumman (NOC.N) and Lockheed Martin (LMT.N) will face sanctions for selling weapons…
President Joe Biden urged Detroit’s top automakers to provide more to striking employees on Friday, accusing them of making record…
Delta Air Lines (DAL.N) said it expects a limited impact from RTX’s (RTX.N) Pratt & Whitney engine quality difficulties soon…
SoftBank’s Arm was valued at $54.5 billion in the year’s biggest IPO. Chip designer Arm Holdings Plc (ARM.O) achieved a…
The British division of the German discount supermarket Lidl reported a 19% increase in sales due to its cheap pricing…
UAW prepares to strike at Detroit Three automakers, rejects new offers. On Wednesday, the United Auto Workers announced preparations to…
Oil rebounds as markets refocus on supply tightness. Oil prices rose on Thursday after dipping the day before as markets…
Beijing blasts EU probe as protectionist as China’s EV maker stocks slide. As Chinese EV manufacturer shares fell on Thursday,…
On Thursday, as part of the French oil major’s aim to decarbonize its European refineries, TotalEnergies published a call for…
BP (BP.L) CEO Bernard Looney’s untimely retirement has left the British oil corporation in a leadership crisis with no clear…
Two sources have said that Country Garden has been granted permission from its creditors to extend the maturity of one…
The ultra-low-cost airline Spirit Airlines (SAVE.N) said on Wednesday in a regulatory filing that it reduced its revenue projection for…
As troubles remain at its new Arizona facility, Taiwan’s TSMC (2330. TW), which is making an unprecedented push into chip…
A senior executive said India’s Aeroflex Industries (AERO.NS), making metal hoses for utilities, refineries, and firefighting equipment, is negotiating to…
H&M (HMb.ST) will offer secondhand clothing and accessories at its London flagship store starting Oct. 5, amid pressure on fast…
Danish energy firm Orsted (ORSTED.CO) said Wednesday that it had invested in its first British solar power facility. PS Renewables…
Australia’s High Court rules Qantas illegally fired workers in pandemic. Australia’s highest court decided Wednesday that Qantas Airways (QAN.AX) violated…
EU to assess punitive tariffs on Chinese electric cars. On Wednesday, the European Commission began a probe investigating whether to…
BP (BP.L) CEO Bernard Looney resigned on Tuesday with immediate effect after less than four years in charge for failing…
On Wednesday, Swiss engineering and technology giant ABB (ABBN.S) announced a $280 million robotics plant in Sweden to address rising…
On Wednesday, the European Commission launched an anti-subsidy probe into Chinese electric cars, claiming large state subsidies were distorting the…
On Wednesday, oil prices held at a 10-month high as supply fears about Libya production and OPEC+ restrictions were countered…
TSMC (2330. TW), the world’s biggest contract chipmaker, said on Tuesday that it would invest up to $100 million in…
August was the seventh consecutive month in which passenger traffic at Spain’s Aena (AENA.MC) airports approached levels seen before the…
In a Monday CNBC interview, UPS.N CEO Carol Tome claimed the union’s $30 billion five-year pact with Teamsters-represented employees would…
Barclays laying off over 450 staff, UK trade union says. In a strategic move set to reshape the banking industry…
On Tuesday, European discount retailer Pepco Group (PCOP.WA) announced that CEO Trevor Masters would quit immediately without explanation. The firm…
On Tuesday, GlobalFoundries (GFS.O), the world’s third-largest contract chipmaker, unveiled a semiconductor fabrication factory in Singapore that cost $4 billion.…
According to three sources in the business, Russian firms have stopped giving India fertilizer at reduced rates, such as di-ammonium…
According to an internal letter that Reuters accessed, the newly appointed CEO of Alibaba Group, Eddie Wu, has informed employees…
A Tuesday inquiry by the Dutch financial markets watchdog found that Goldman Sachs (GS.N) maintained a substantial gross short position…
AerCap Holdings NV (AER.N) said that a subsidiary of General Electric Company (GE.N) plans to sell a share in the…
The parent company of Pratt & Whitney, RTX Corp (RTX.N), announced a $3 billion charge on Monday and informed airlines…
White House says that Vietnam Air signs a $7.8 bln deal for 50 Boeing 737 max planes. On Monday, the…
On Monday, Waitrose and Aldi (ALDIEI.UL) announced further price cuts, easing food inflation in Britain. Waitrose will decrease the pricing…
Tesla’s supercomputer could boost EV maker’s market cap by $600 bln -Morgan Stanley. Morgan Stanley projected that Tesla’s (TSLA.O) supercomputer,…
Struggling Indian edtech, Byju proposes to repay a $1.2 billion loan. Byju’s, an Indian edtech business with legal and financial…
Analysts believe Inditex (ITX.MC), the owner of Zara, is in a healthy financial position despite the industry-wide push to decrease…
Oil prices ease, but supply cuts keep Brent above $90/bbl. Fuel demand fell on Monday due to a stronger U.S.…
CEO Tony Fernandes told Reuters that AirAsia’s parent company, Capital A Berhad (CAPI.KL), expects its operations to recover to pre-pandemic…
Franklin Templeton’s CEO says China’s pessimism is overhyped. According to Jenny Johnson, president and CEO of global investment management company…
On Monday, those familiar with the matter said that SoftBank Group Corp (9984.T) chip designer Arm is close to securing…
Instead of reaching an agreement with unions, Chevron Australia (CVX.N) will use an unproven legal technique to avert industrial action…
In a recent development that has sent ripples across the food industry, JM Smucker, a household name in the world…
Country Garden faces fresh test for onshore bond extensions. After avoiding default at the last minute twice this month to…
Following their best week in over two months, Indian shares are expected to begin slightly lower on Monday. Asian markets…
An Ad Valorem Tax: What Is It? A tax based on an item’s assessed value, such as real estate or…
Actuarial Gain Or Loss: What Is It? A rise or a reduction in the predictions used to evaluate the liabilities…
What Exactly Is an Acquisition Premium? An acquisition premium is the sum of the projected true worth of a firm…
In an attempt to get regulatory permission for its almost $25 billion acquisition of Albertsons, a smaller competitor, Kroger (KR.N),…
Stellantis, the global automotive giant formed through the merger of Fiat Chrysler Automobiles (FCA) and PSA Group, has set its…
The UN food agency’s global price index dropped to a two-year low in August as major food commodities declined while…
The 0.4% expansion rate that Citigroup had projected for the euro area economy in 2023 was reduced to 0.4%, and…
Berkeley continues to have an upbeat view despite a 35% drop in bookings. On Friday, Berkeley Group Holdings (BKGH.L), a…
SAP, a global leader in enterprise software, has announced its acquisition of LeanIX, a software management company, in a move…
Nestlé, the global food and beverage giant, has announced its plans to acquire a majority stake in a prominent Brazilian…
Oil falls as China’s winter demand worries offset a boost from supply cuts. This article examines the current increase in…
In this analysis, we delve into the recent developments regarding European Union (EU) tech rules, which could potentially lead to…
UAW makes contract counteroffer to Ford; Stellantis makes an offer. As contract negotiations continue, the United Auto Workers (UAW) union…
In this analysis, we delve into the recent developments regarding labor strikes at Chevron Australia’s LNG operations and the progress…
BAE Systems Pensions, a prominent pension fund, has appointed Goldman Sachs to manage its substantial £23 billion worth of assets.…
Verizon will pay $4 million US penalty to resolve cybersecurity claims. A Verizon unit has reached an agreement to pay…
Tesla’s Shanghai factory hits two mln car production milestone. Tesla’s Shanghai factory has achieved a significant milestone by producing 2…
Saudi Arabia’s STC Group has announced its acquisition of a 99% stake in Telefonica, a major telecommunications company. This article…
Indonesia’s state utility plans to build 32 GW of renewable energy capacity. Indonesia’s state utility company plans an ambitious initiative…
German exporters are anticipating a decline in trade for the year 2023, according to the Federal Association of Wholesale, Foreign…
Wagmama’s owner, Restaurant Group, expects increased yearly earnings. In this in-depth analysis, we explore the Restaurant Group’s optimistic outlook for…
Siemens will invest $30 million to train U.S. EV charger technicians. This exclusive analysis delves into Siemens’ substantial commitment to…
In this exclusive analysis, we delve into the significant decision Taiwan Semiconductor Manufacturing Company (TSMC) faced regarding its potential investment…
Australia has taken a significant step to promote competition within its financial markets by passing a new law to encourage…
A prominent global automaker, Nissan has faced an unexpected setback in its production plans. The company has announced a six-month…
Goldman Sachs, one of the world’s leading investment banks, has revised its outlook on the likelihood of a U.S. recession…
Volkswagen, one of the world’s leading automobile manufacturers, is taking strategic steps to address its challenges in the embattled Chinese…
ASML, a leading supplier of photolithography equipment for the semiconductor industry, is set to make significant technological advancements. The company’s…
On September 5, 2023, Leapmotor, a Chinese electric vehicle (EV) manufacturer, unveiled its strategy to sell EV technology as part…
On September 5, 2023, Tesla, the renowned electric vehicle manufacturer, took legal action by filing a lawsuit against a Chinese…
On September 5, 2023, Illumina, a leading biotechnology company specializing in genetic sequencing and genomics, announced the appointment of Jacob…
On September 5, 2023, Warner Bros. Discovery, a prominent media and entertainment company, announced its expectations of a lower core…
Renault CEO sees Ampere’s IPO valuation of up to 10 bln euros. According to reports from the Financial Times on…
Foxconn’s August sales dropped 8% y/y, and the Q3 outlook is better. On September 5, 2023, Foxconn, a global leader…
On September 5, 2023, the United Kingdom’s stock market witnessed a notable decline, primarily attributed to concerns surrounding China’s economic…
Mitsubishi Heavy Industries (MHI), a renowned name in the aerospace industry, is gearing up for an eagerly anticipated moon rocket…
XPeng, a prominent player in the electric vehicle (EV) industry, has set its sights on an ambitious expansion plan into…
Continental, a global technology leader in the automotive industry, is embarking on an exciting innovation journey by integrating Google Cloud…
Volkswagen, a global automotive powerhouse, is making significant strides in its transition towards electric mobility. The CEO’s announcement that Volkswagen…
In a candid assessment of the electric vehicle (EV) landscape, the CEO of Mercedes-Benz has indicated that EV costs will…
Country Garden debt deal, China property support moves trigger relief rally. China’s property market has been scrutinized amid concerns over…
Lithium developer Liontown backs Albemarle’s $4.3 billion bid. In a significant development within the world of mergers and acquisitions, Liontown…
In a significant move to bolster economic cooperation, Italy and Saudi Arabia signed a groundbreaking agreement to enhance investments and…
In an astounding demonstration of its continued success, Tesla’s China-made electric vehicle (EV) deliveries soared by a staggering 93% in…
The Munich Car Show has taken the automotive world by storm, and at its heart lies a spotlight on the…
Asia shares bounce as China’s mood turns less bleak. In the ever-shifting landscape of global financial markets, staying informed is…
LSE Group draws up plans for blockchain-based digital assets business. The financial sector is radically transforming in today’s ever-evolving digital…
Superdry, a well-known fashion brand based in the UK, has warned about its revenue growth prospects after announcing an annual…
Chinese electric vehicle (EV) manufacturer Hozon Auto has taken significant steps toward an initial public offering (IPO) in Hong Kong…
The International Monetary Fund (IMF) is projecting that high interest rates will continue to prevail for an extended period. This…
In a stunning revelation that has sent shockwaves through the financial industry, JPMorgan Chase finds itself embroiled in a deeply…
Morning Bid: China’s surprise lifts mood before US payrolls. As we enter September 2023, the global financial landscape remains in…
US FTC secures settlement with ICE, Black Knight over $11.7 billion deal. The U.S. Federal Trade Commission (FTC) has reached…
Scandinavian Airlines (SAS) has announced plans to ramp up its flight capacity following a significant milestone – its first quarterly…
Australian regulator seeks ‘hundreds of millions’ in fines for Qantas. In this comprehensive exploration of the aviation industry’s regulatory landscape,…
The United Auto Workers (UAW) union has taken a significant step by filing an unfair labor practice charge against two…
Japan, a nation renowned for its strong business investments and innovative technologies, is facing a slowdown in capital expenditure growth,…
In a move that underscores its commitment to China’s electric vehicle (EV) market, Tesla has unveiled a refreshed version of…
In a significant development in the automotive industry, India’s leading conglomerate, JSW Group, is reportedly in advanced discussions with Chinese…
Uber, the global ride-hailing giant, has taken a significant step towards sustainable transportation in Africa by launching its first-ever electric…
Dollar General, one of the United States’ largest discount retailers, has significantly adjusted its annual same-store sales forecast for 2023.…
Vanke, one of China’s largest and most prominent real estate developers, is encountering significant pressure on its profits due to…
Sage Therapeutics, a prominent player in the healthcare and pharmaceutical industry, has reduced its workforce by 40% following a setback…
Salesforce, a leading player in the technology industry, has witnessed a remarkable rally driven by the successful realization of its…
Oil prices have experienced an uptick driven by tighter supply conditions and a keen focus on China’s Purchasing Managers’ Index…
Canadian Imperial Bank of Commerce (CIBC) has announced lower third-quarter profits, with a notable increase in bad loan provisions. This…
China Evergrande Group, once a behemoth in the real estate industry, now finds itself embroiled in a tumultuous descent. This…
In a pivotal juncture for real estate giant Country Garden, onshore bondholders are set to vote on a critical decision…
In the dynamic world of international finance, the global currency market is witnessing significant movements, with the Euro and the…
In a significant development, the U.S. Securities and Exchange Commission (SEC) has leveled accusations against Citigroup, one of the world’s…
In a sudden turn of events, Toyota, the renowned global automobile manufacturer, has faced a significant setback as it had…
In the ever-evolving world of beverages, Suntory Beverage, the renowned Japanese giant, has set its sights on an ambitious expansion…
Japan’s Simplex launches first ETFs focused on stocks below book value. In the ever-evolving landscape of financial markets, innovation is…
In recent years, the Hyundai Motor Union has been in the headlines due to ongoing negotiations and disputes with management.…
Oil rises on large US stockpile draw, hurricane jitters. This comprehensive analysis delves into the dynamic world of commodities and…
In the fast-paced world of telecommunications, where competition is fierce, and innovation is key, Iliad has managed to stand tall…
In July 2023, the European automotive industry witnessed a remarkable upswing in car sales, with a substantial increase of 15%.…
Maruti Suzuki India, one of the country’s leading automobile manufacturers, has unveiled an ambitious plan to increase its production capacity…
Arla Foods, a major dairy cooperative, has revised its sales forecast downward due to changing consumer preferences for more affordable…
Country Garden Holdings, one of China’s largest and most prominent property developers, is poised to report a financial loss, prompting…
Several U.S. states have collectively requested the U.S. Securities and Exchange Commission (SEC) to investigate whether Shein, a popular online…
Japan is considering taking action through the World Trade Organization (WTO) in response to China’s ban on seafood imports from…
In a pivotal development, 3M is set to present a multibillion-dollar settlement proposal for a military earplug litigation case to…
Japan is currently discussing the possible extension of gasoline subsidies, which could have far-reaching implications for its economy and environmental…
Oil trades flat as supply concerns offset worries over demand. The global oil market in August 2023 finds itself in…
In a surprising turn of events, Toyota, one of the world’s leading automotive manufacturers, halted operations at 12 factories in…
Oil rises on China moves to support economy; tropical storm eyed. The global energy landscape has recently experienced fluctuations that…
In the fast-evolving landscape of space exploration, one name has been consistently rising to the forefront – Skyroot Aerospace. Today,…
In a groundbreaking move towards a sustainable and greener future, Bharat Petroleum Corporation Limited (BPCL) has announced a monumental investment…
This comprehensive article delves into the recent developments surrounding Chevron’s liquefied natural gas (LNG) facility in Australia, which has prompted…
This comprehensive analysis delves into the intricacies of China Petroleum & Chemical Corporation (Sinopec) and its interim financial performance against…
In a significant turn of events within the automotive industry, Hyundai Motor has successfully navigated a challenging labor strike in…
Country Garden says the $100 billion Malaysia project is on track. This comprehensive article delves into the exciting developments surrounding…
Asia’s shares rally as China measures to boost the market. This comprehensive analysis delves into the intricate details of the…
China Evergrande loses $2.4 billion in value as trade resumes after 17 months. As of August 28, 2023, Evergrande’s shares…
On August 25, 2023, the FTSE 100 index showed signs of strength, primarily driven by gains in the mining and…
In the wake of recent developments in the Russian business landscape, foreign companies have become increasingly crucial to navigate the…
In energy regulation and consumer affordability, the UK’s Office of Gas and Electricity Markets (Ofgem) has significantly reduced the financial…
In finance and corporate acquisitions, ANZ Group and Suncorp are facing a pivotal moment as they seek a review of…
In the competitive landscape of telecommunications and technology, two major players, Ericsson and Huawei, have reaffirmed their commitment to innovation…
The US sues SpaceX, alleging hiring discrimination against asylum recipients and refugees. SpaceX, the aerospace manufacturer and space transportation company,…
In aviation and passenger rights, Spirit Airlines has reached a significant settlement in a class-action lawsuit related to “gotcha” carry-on…
Hyundai Motor’s union in South Korea votes on strike. In labor relations and the automotive industry, tensions have escalated as…
Norway has contributed significantly to the ongoing backdrop of international support for Ukraine’s defense efforts. On August 24, 2023, Reuters…
In the ever-evolving landscape of automotive technology and safety, one issue that has garnered widespread attention is the Tesla Autopilot…
In a noteworthy development in the aviation industry, Norwegian Air, a prominent airline, is considering the possibility of dividend payments…
In a significant development in Australia’s energy sector, workers at Chevron’s liquefied natural gas (LNG) facilities have voted to grant…
In a significant development in Australia’s energy sector, Woodside, a prominent energy company, has confirmed that it has not received…
In a world where global events continually shape business strategies, H&M, the renowned fashion retailer, has emerged as a beacon…
In 2023, Qantas Airways achieved a remarkable feat by posting record-breaking annual earnings despite the ongoing challenges faced by the…
In a strategic leadership transition, Hays, the global recruitment firm, has named an insider, Markus Hahn, its new Chief Executive…
To provide value and savings to its customers, Asda, one of the United Kingdom’s prominent supermarket chains, has announced a…
Japan’s decision to release water from the Fukushima nuclear plant into the ocean has sparked significant controversy. This move comes…
Beijing plans to kick off the second phase of Universal Resort within three years. In a testament to Beijing’s commitment…
Australia is hurt by inflation but unlikely to enter a recession. In the ever-evolving world of finance and economics, staying…
Stellantis, a global automotive powerhouse, is no stranger to making strategic moves in the ever-evolving automotive industry. In a recent…
Tesla has been a trailblazer in the world of electric vehicles, and its highly anticipated German plant was poised to…
In the world of labor negotiations, the recent UPS and Teamsters Union contract talks deadlock has captured the attention of…
Exclusive: Insurers raise premiums for Black Sea tankers as tensions mount – traders. In the ever-volatile world of maritime commerce,…
German business activity has suffered the steepest decline since May 2020. In a swiftly changing economic landscape, keeping a finger…
Euro falls on gloomy PMI data, dollar hits 2-month high. Staying ahead of the curve is essential in the ever-evolving…
In a deal poised to reshape the fast-food landscape, buyout firm Roark Capital Group has laid out specific conditions to…
In a significant regulatory development, the UK’s Office of Gas and Electricity Markets (Ofgem) has announced a hefty fine of…
Hollywood studios have unveiled the specifics of their latest proposal in ongoing negotiations with striking writers in a development that…
In a high-profile legal development, McDonald’s CEO is embroiled in race bias claims levied by former security executives. This significant…
US seeks trade panel to resolve labor conflict at Mexican mine. In a significant development that underscores the complexities of…
Australia’s Woolworths posts profit rise as price gains offset cost hikes. In the ever-evolving retail industry landscape, few companies can…
Exclusive: Thailand’s KBank wants to buy a Vietnamese lender for up to $1 bln. In the dynamic landscape of global…
Oil ticks up as markets weigh rate hikes, China gloom. In the dynamic world of energy markets, staying informed is…
In a strategic move within the aviation sector, the government of Indonesia has announced a review of its plan to…
Beijing Hyundai puts the Chongqing plant up for sale. In a significant move within the automotive industry, Beijing Hyundai, a…
In a noteworthy development reflecting the healthcare industry dynamics, Medtronic, a leading medical technology company, has announced an upward revision…
In a groundbreaking move that signifies the growing prominence of sustainable energy solutions, Northvolt, a leading European battery manufacturer, has…
In a recent development that garnered significant attention, China has imposed a substantial fine of $15 million on Mintz Group,…
Boeing, a U.S. court, has rejected an investor lawsuit. This ruling, handed down on August 22, 2023, marks a pivotal…
Oil dips on possible easing of tight supply, China woes hurt demand outlook. In today’s dynamic world, the energy landscape…
In a noteworthy development within the realm of mergers and acquisitions, pharmaceutical giant Johnson & Johnson (J&J) has announced its…
In a significant development in finance, Goldman Sachs is reportedly mulling over the sale of a portion of its wealth…
Foreign investors are undeterred by China’s tensions, says Taiwan stock exchange chairman. The global financial landscape remains dynamic, with geopolitics…
Market debuts often come with a mix of anticipation and uncertainty, and the recent launch of Jio Financial, a spin-off…
In a groundbreaking move, Dupont is set to divest its Delrin resins unit to a private equity firm for a…
In the ever-evolving landscape of electric vehicles (EVs), 2023 is a pivotal year for the automotive industry. With China’s EV…
China LNG buyers expand trading after adding more U.S., Qatari contracts. In the ever-evolving world of energy trading, China has…
This comprehensive article delves into the Insurance Australia Group’s (IAG) growth forecast for 2023. IAG, a prominent player in the…
Oil prices climb on expectations of lower OPEC+ exports in August. In the ever-evolving landscape of global energy markets, staying…
Asia stutters as China doles out a meager rate cut. In today’s rapidly evolving global market landscape, we delve into…
Vietnam’s electric vehicle (EV) manufacturer, VinFast, finds itself in the spotlight as its stock experiences a third consecutive decline following…
China’s Xpeng falls on the dull forecast as the EV price war takes a toll. In the fast-paced world of…
Shares hit a two-month low as fading Fed cut hope hammers bonds. Global markets are a dynamic and interconnected ecosystem…
Oil set to snap 7-week winning streak on US rate outlook, China woes. Energy commodities are intricately tied to global…
Workers begin strike vote at Chevron’s LNG facilities in Australia. The energy sector, a cornerstone of modern economies, is not…
Citibank subpoenaed over US House probe into alleged data sharing with FBI. The intersection of financial institutions, government agencies, and…
After a stellar debut, Vietnamese EV maker VinFast drops for the second straight session. In the fast-paced world of business…
Energy stocks boost TSX and Teck Resources surges. In the dynamic realm of financial markets, fluctuations are driven by many…
Ford and partners pick Canada for a $900 mln battery materials plant. In the era of electric mobility, strategic collaborations…
U.S. auto parts import faces scrutiny under the law on Chinese forced labor. In an era of heightened global awareness,…
India’s JSW Steel considers 75% interest in Teck’s coal business. In the intricate world of mergers and acquisitions, strategic decisions…
Payments company Adyen’s shares, plummet after earnings miss. In the dynamic realm of finance and technology, companies often face ups…
Stellantis invests more than $100 million in the California lithium project. Strategic investments can catalyze revolutionary change in the ever-evolving…
Tyson Foods plans to sell China’s poultry business sources. In the ever-evolving landscape of global commerce, strategic decisions shape the…
Alphabet’s Verily plans cost cuts amid pressure on Other Bets unit. Strategic decisions ripple through various business dimensions in the…
Indian shares open lower amid risk aversion in global equities. As financial markets worldwide experience a wave of risk aversion,…
In a candid acknowledgment, the White House has raised concerns about transparency issues surrounding China’s economic data. This article delves…
China’s e-commerce powerhouse, JD.com, has exceeded quarterly revenue estimates, signaling impressive growth in a competitive market. This article provides a…
A labor dispute is intensifying at Woodside’s largest liquefied natural gas (LNG) facility in Australia as unions and management remain…
In a significant move with far-reaching trade implications, Indonesia has launched a dispute at the World Trade Organization (WTO) concerning…
Burger King, a popular fast-food chain known for its diverse menu, faces the impact of tomato shortages in India due…
A global technology giant, Alibaba is making strategic moves as it announces plans to split its DingTalk platform’s Cloud Business…
Aviva, a leading global insurance provider, has reported a robust financial performance for the first half of the year, exceeding…
In a remarkable turn of events, VinFast, a prominent electric vehicle (EV) manufacturer, has witnessed a surge in its share…
In a striking financial update from technology and entertainment, Tencent Music has unveiled an impressive 55% increase in its quarterly…
In a significant development that reflects the growing concerns surrounding surveillance technologies, a U.S. regulatory watchdog has announced its intentions…
In a notable financial update from the realm of defense and aerospace, Elbit Systems, a prominent Israeli defense firm, has…
In a significant move that underscores its commitment to fostering a secure and innovative digital economy, Singapore has introduced a…
In a testament to its resilience and strategic prowess, British retail powerhouse Marks & Spencer (MS) has announced a promising…
It has thrown its weight behind a promising green hydrogen start-up, signaling a monumental stride toward a greener, more energy-efficient…
In a landmark event reverberating across the automotive realm, Tesla has unleashed a new era of innovation by introducing the…
In a stunning testament to Japan’s economic prowess, the second quarter of 2023 has witnessed a GDP growth exceeding even…
In recent financial news, UBS, a prominent financial institution, has been embroiled in a significant legal battle following allegations of…
In a groundbreaking leap for medical science, Pfizer’s innovative blood cancer therapy has received highly coveted approval from the United…
The renowned electric vehicle manufacturer Tesla has announced a strategic move to reduce prices for specific versions of its Model…
A group of retail investors associated with Credit Suisse has initiated a lawsuit challenging UBS’s proposed buyout of the bank.…
India’s recent merchandise trade data reveals a notable trade deficit of $20.67 billion for July. This economic indicator underscores the…
Apple’s key supplier, Foxconn, has reported a second-quarter profit slip of 1%, yet has exceeded market forecasts with its resilient…
In the wake of an unexpected and tragic loss, Daimler Truck has commenced the search for a new Chief Financial…
To ensure transparency and credibility in the financial markets, the Shanghai Exchange has urged bankers to conduct rigorous vetting of…
In a significant development, Philips has revealed that Exor, a prominent investment company, has acquired a 15% stake. This strategic…
SpiceJet has reported substantial profits in its first-quarter earnings in a remarkable display of financial strength. This achievement underscores the…
Asia suffers China hangover; dollar scales 2023 top on the yen. This detailed analysis delves into the most significant trends…
In a resounding call to action, BYD, a prominent Chinese automaker, has rallied its industry peers to unite and redefine…
Subway India’s recent decision to modify its menu by discontinuing free cheese slices and introducing alternative offerings speaks to the…
After an unexpected second-quarter GDP growth, London’s FTSE 100 index navigates currency-related challenges. The recent surge in the pound’s value…
In a significant development that reverberates through the aerospace and defense sector, Archer has achieved a remarkable milestone. The company’s…
In a bold and strategic maneuver, Italy has set the stage for a significant transformation in its telecommunications landscape. The…
Oil prices experienced a modest uptick in response to growing optimism surrounding demand projections from the Organization of the Petroleum…
The UK’s antitrust watchdog has taken a significant step towards the proposed $15.8 billion deal between UnitedHealth and EMIS Group.…
Vietnam’s electric vehicle (EV) powerhouse, VinFast, has cleared a significant hurdle to a US listing. This article explores the implications…
Virgin Galactic, the pioneering space tourism company, has achieved another milestone by successfully launching tourists to the edge of space.…
UBS, a prominent global financial institution, has terminated its loss protection agreement with the Swiss government. This article provides an…
Aldi UK, a leading name in the retail sector, has unveiled a fresh round of price cuts to reshape the…
El Al, Israel’s national airline, is discussing potential collaborations for short-haul jets with aerospace giants Airbus and Boeing. This article…
The recent green light from Indian authorities for the Sony-Zee merger marks a pivotal moment in media and entertainment. This…
Rakuten, a major player in the tech and e-commerce space, has unveiled plans to merge its credit card and mobile…
Private equity firm STG is reportedly on the cusp of finalizing a substantial $1.4 billion deal with Avid Technology. This…
Hapag-Lloyd, a major player in the shipping industry, has reported a significant 67% decline in net profit for the year’s…
Intesa, a prominent financial institution, is reportedly making strides toward securing Moscow’s approval for transferring assets in Russia. This article…
China’s prominent home appliance manufacturer, Midea, is reportedly studying the possibility of a listing on the Hong Kong stock exchange.…
A global technology leader, Siemens is foreseeing a normalization of demand in the wake of its Q3 financial results falling…
Antofagasta, a leading mining company, has announced increased shareholder payouts following strong profitability. This article delves into the rationale behind…
China, a global powerhouse in tourism, is extending its outbound group tourism offerings by adding more destination countries to its…
Amtrak, a leading player in the US railroad industry, is embarking on an exciting venture as it explores the potential…
WeWork, a prominent player in the co-working and office space industry, finds itself challenging as doubts about its long-term viability…
A significant development has unfolded as a US judge has given the green light for an investor class action against…
According to Cruise’s CFO, General Motors (GM), a prominent player in the automotive industry, continues to navigate challenges in building…
Delivery Hero, a global leader in online food delivery and quick commerce, has announced a notable increase in its projected…
Sun Life, a prominent Canadian insurer, has reported a robust increase in second-quarter profit. This article delves into the implications…
Roblox, a prominent player in the technology and gaming sector, has reported a shortfall in its quarterly bookings estimates, a…
Kellogg, a prominent figure in the retail and consumer goods sector, has unveiled a bold forecast, predicting a remarkable surge…
UPS cuts margin, revenue forecasts as weak demand, new labor contract weigh. Companies must remain agile and responsive to various…
In a bold move that defies conventional risk assessments, European gas traders have chosen to store gas in Ukraine despite…
IWG’s robust half-year profit surge underscores the growing appetite for flexible workspace solutions in the modern work environment. This analysis…
Maruti Suzuki’s recent decision to authorize the issuance of shares to its parent company, Suzuki Motor Corp, has garnered attention…
Siemens’ cooperation with Austrian authorities in a corruption probe has sparked discussions within legal and corporate circles. This analysis aims…
India’s recent move to bar military drone manufacturers from utilizing Chinese parts has stirred discussions within the defense and technology…
Fraport, a prominent aerospace and defense industry player, has emerged with strong fiscal year earnings, buoyed by a surge in…
In the realm of transportation development, Indonesia has been forging ahead with ambitious plans to enhance its rail infrastructure, focusing…
In this analysis, we explore the warning issued by Morgan Stanley regarding the impact of potential cuts to US fiscal…
Tyson Foods, a leading player in the food industry, recently faced challenges as its sales missed estimates due to a…
In this article, we analyze the financial performance of Whirlpool’s India unit during the first quarter of the year. The…
On August 7, 2023, the German regulatory authority made a significant decision by rejecting a postage stamp price hike request.…
On August 7, 2023, Saudi Aramco, the world’s largest oil company, reported a 38% decline in its second-quarter profit. The…
On August 7, 2023, the global oil market witnessed continued gains as oil prices hovered near four-month highs. This surge…
On August 7, 2023, China Life Insurance Company mandated banks for a significant bond offering to raise $2 billion. This…
On August 7, 2023, Bain Capital’s impressive $551 million Bid for Estia Health significantly surged the company’s shares, nearly reaching…
On August 7, 2023, Burger King’s India operator reported a wider loss in the first quarter of the financial year…
In a groundbreaking move on August 7, 2023, Paytm CEO Vijay Shekhar Sharma announced his intention to purchase a substantial…
This comprehensive article explores the recent price cuts by electric vehicle (EV) manufacturer Lucid Motors on its flagship Air Sedan.…
In a significant development in international trade relations, India has implemented measures specifically targeting Chinese products and investment. As of…
UBS nears major investment bank restructuring. This comprehensive article explores the recent developments surrounding UBS, a prominent global financial services…
Discover effective tips and strategies to create a budget that works for you, helping you take control of your finances…
In this world news report, we highlight the examination by India’s Ministry of Corporate Affairs of the Securities and Exchange…
In this business report, we highlight the positive financial performance of Zomato, India’s leading food delivery and restaurant aggregator platform.…
This business report highlights German specialty chemicals company Lanxess’s call for government assistance in the chemicals industry. The company’s appeal…
In this business report, we highlight the financial performance of German property giant Vonovia, which has slipped to a significant…
This aerospace and defense report highlights Airbus’s impressive performance in the aviation industry. The company delivered 381 jets during the…
This market news report focuses on the Australian Competition Regulator’s decision to reject the proposed $32 billion deal between Australia…
In this financial report, we highlight the impressive performance of SoftBank Corp, a leading telecommunications and technology company in Japan,…
In this business update, we examine the recent announcement by WPP, a global advertising, and public relations company, regarding its…
In this financial report, we highlight the impressive performance of Maersk, a global shipping and logistics company, during the second…
In this in-depth analysis, we explore the financial performance of AngloGold Ashanti, a renowned gold mining company, during the year’s…
Blackstone to submit a bid for a stake in India’s Cipla. This comprehensive article delves into the recent news surrounding…
On August 3rd, 2023, Moderna, a leading pharmaceutical company in the fight against COVID-19, disclosed an optimistic projection of up…
On August 3, 2023, Lufthansa, the esteemed German airline, decided to offer its captains a substantial raise of at least…
Global financial services firm Morgan Stanley has upgraded India to “Overweight” status and identified it as a top pick among…
Ambev, one of Brazil’s leading beverage companies, reported a 15% decline in net profit for the year’s second quarter. The…
Varun Beverages, the leading PepsiCo bottler in India, reported a notable profit growth on August 3, 2023. The company’s success…
Rolls-Royce, a prominent aerospace and defense industry player, announced a significant jump in first-half profit on August 3, 2023. The…
Oil prices experienced a marginal increase on August 3, 2023, as the energy markets closely assessed inventory data and a…
Sportswear giant Adidas has reported a significant boost in revenue, driven by the sales of its highly coveted Yeezy shoes.…
German automotive giant BMW has reported robust revenue growth in the first half of 2023, reaffirming its position as a…
Germany’s Merck flags steeper drop in earnings. In a recent announcement, German pharmaceutical behemoth Merck warned about its earnings forecast…
Spirit AeroSystems, a major aerospace and defense manufacturer, has reported higher cash burn in its recent financial statements. The increase…
Virgin Money, a UK-based lender, has announced that it will maintain its annual outlook despite facing pressures in the mortgage…
Coca-Cola European Partners (CCEP), a prominent bottler of Coca-Cola products, intends to acquire Coca-Cola’s business in the Philippines for $1.8…
Haleon, a leading healthcare and pharmaceutical company, has raised its annual organic revenue growth forecast on account of steady demand…
Starbucks, the renowned coffeehouse chain, has reported missing quarterly sales estimates as demand wavers. This article delves into the factors…
Victoria’s wages agency has taken legal action against Woolworths, a major retail and consumer goods company, for alleged underpayment of…
SoftBank’s ARM Ltd., a leading semiconductor and technology company, reportedly targets a massive initial public offering (IPO) to raise $60…
Siemens Healthineers, a prominent healthcare and pharmaceutical industry player, has recently reported its Q3 financial results. This article provides an…
Indian shares fall as weak global economic data hurt sentiment. In 2023, India’s economic landscape is experiencing a cautious sentiment…
This article discusses BP’s decision to boost its dividend payout despite a significant profit slump of $7.0 billion. The move…
This article highlights Aston Martin’s recent move to raise $277 million through equity issuance to cut debt. The British luxury…
This article highlights the positive financial performance of UK baker Greggs, with a notable 14% increase in first-half profit. The…
This article highlights Toyota’s remarkable financial performance in the first quarter, with an impressive 94% jump in operating profit. The…
This article highlights the positive financial outlook of the UK’s Domino’s Pizza Group as it raises its annual profit forecast…
This article highlights Nomura’s impressive financial performance in Q1, with a notable increase in net profit attributed to the robust…
This article focuses on Yum China’s ambitious retail and consumer sector expansion plans. The company’s CEO has reaffirmed its commitment…
This article highlights Uniper’s ambitious plan to invest €8 billion in green initiatives through 2030. The German energy company’s commitment…
This article highlights the remarkable financial performance of Daimler Truck in the second quarter of 2023. The company has reported…
This article examines the recent performance of India’s manufacturing sector, focusing on the factory growth data for July 2023. Despite…
HSBC lifts outlook, launches $2 bln buyback as profit beats forecasts. This article delves into the recent financial developments at…
In this article, we cover the announcement by Accenture to reduce its workforce in Irish operations. The decision to cut…
This article delves into Walmart’s recent move to boost its stake in Flipkart, one of India’s leading e-commerce companies. According…
Lamborghini, the iconic luxury sports car manufacturer, is poised for a record-breaking year as its CEO announces a bold prediction…
Senior, a notable aerospace supplier to Boeing, has reported a substantial rise in half-yearly profit as of July 31, 2023.…
Education company Pearson has reaffirmed its outlook for the future after reporting robust profit growth in July 2023. Driven by…
Oil is on track for the biggest monthly gains in over a year. In the dynamic world of commodities, the…
In recent years, India’s retail derivatives market has witnessed exponential growth, bolstering the country’s economy and attracting significant attention from…
In a significant milestone for the pharmaceutical industry, Novo Nordisk launched its weight loss drug Wegovy in Germany, marking its…
In a notable disclosure, the CEO of Sigma Lithium revealed that the company is currently engaged in talks with potential…
In a groundbreaking development for the battery industry, the United Auto Workers (UAW) union has garnered significant support from Democratic…
On July 28, 2023, VinFast, a prominent electric vehicle (EV) manufacturer from Vietnam, received approval from regulators to proceed with…
In a significant turn of events, Laurentian Bank faced a decline in its share price on July 28, 2023, following…
In a groundbreaking move to expand its rare disease portfolio, Biogen, a leading biotechnology company, announced its acquisition of Reata…
McDonald’s, the renowned fast-food chain, has surpassed sales estimates by attracting consumers with its affordable menu offerings. This article explores…
The UK regulator has announced that Amazon’s proposals have successfully addressed concerns related to its marketplace. The move is part…
On July 26, 2023, Nissan, a major automotive player, announced its plans to acquire a stake worth 600 million euros…
On July 26, 2023, Hyundai Motors, a global automotive giant, announced its financial results for the second quarter. The company…
On July 26, 2023, Germany faces a unique challenge as the River Rhine runs drier than usual due to changing…
On July 26, 2023, Indian shares are projected to open positively as investors cautiously await the outcome of the U.S.…
General Electric (GE) has experienced a surge in its aviation business, propelling it to lift its 2023 profit forecast. The…
Jubilant, the franchisee for Domino’s Pizza in India, has reported a significant profit slump due to increased expenses. The company’s…
In a notable development, FedEx pilots have rejected a tentative deal, signaling potential challenges in labor negotiations. As a result,…
In this comprehensive article, we cover the significant investment by Taiwan Semiconductor Manufacturing Company (TSMC) to build an advanced chip…
Moody’s, the renowned credit rating agency, has taken significant action by cutting Thames Water’s credit rating and issuing a new…
In this comprehensive article, we delve into the impressive financial performance of Unilever, the consumer goods giant, as it reports…
Tesla to explore new $24,000 vehicle plant proposal with India commerce minister. The automotive industry is on the cusp of…
UAE commits to CO2 emissions goals following criticism. The United Arab Emirates, a prominent nation in the Middle East, has…
Philips, a leading healthcare and technology company, has achieved a significant milestone by producing 99% of the replacement respiratory devices…
Japan’s Itochu partners to spend $2 billion in the US and Canada renewables through a fund. Japanese trading company Itochu…
Nikola claims the damaged truck rekindles at HQ. Electric vehicle manufacturer Nikola faced an unexpected incident when a damaged truck…
Indian conglomerate Reliance Industries witnessed a sharp decline after reporting Q1 profit figures that fell short of market estimates. The…
In a significant development for American Airlines and its workforce, the highly anticipated vote on the contract agreement between the…
In this article, we explore India’s decision to reject BYD’s proposal to establish a $1 billion factory in the country.…
In this article, we highlight the remarkable financial performance of Paytm in the latest quarter. With an impressive 39% increase…
In this article, we highlight the remarkable financial performance of Kotak Mahindra Bank in the April-June quarter. With an impressive…
In a recent legal development, a Delaware judge has not granted immediate approval for the proposed shareholder settlement involving AMC…
CME Group will cut 3% of its employees and reallocate roles. In a significant move, the CME Group, a leading…
Glencore, a major global commodities trading and mining company, announced its expectations for higher volumes of copper, zinc, and nickel…
TSMC shares dropped 3.3% after revenue projection lowered and manufacturing was delayed. On July 21, 2023, Taiwan Semiconductor Manufacturing Company…
On July 21, 2023, the shares of Indian multinational corporation Infosys Ltd. experienced a significant decline in value after the…
iDS, the parent company of Royal Mail, has appointed a new CEO in a significant leadership change. The appointment marks…
Nokia, the Finnish multinational telecommunications company, has reported a decline in its operating profit for the second quarter of 2023,…
Reliance spin-off Jio Financial valued at $20 bln, above projections. Reliance Industries Limited, one of India’s largest conglomerates, has initiated…
Brazilian automaker WEG reports a 50% Q2 net profit increase. In a significant boost to Brazil’s automotive and manufacturing sector,…
Oilfield services company Baker Hughes has surpassed quarterly profit estimates, demonstrating robust financial performance amid changing market dynamics. The company’s…
Belgium’s leading telecom provider, Proximus, intends to acquire a majority stake in India’s Route Mobile. The strategic move signifies Proximus’s…
On July 19, 2023, Estée Lauder, a prominent beauty and cosmetics company, revealed that it had experienced a data breach.…
Temu calls Shein’s ‘unlawful discriminatory methods’ illegal. On July 19, 2023, the fast-fashion retail industry was shaken by explosive allegations…
Vietnam E.V. company VinFast will build a U.S. facility next week. In a groundbreaking move set to revolutionize the electric…
China Unicom CEO, Liu, is reportedly set to take on a new role as the head of a new data…
US crude inventory report raises oil prices somewhat. Oil prices have experienced a marginal increase as market expectations suggest a…
India’s Reliance spin-off Jio Financial Services is valued at 160-190 rupees. Indian conglomerate Reliance Industries plans to spin off Jio…
Entain, a prominent gaming and betting company based in Britain, has announced its plan to acquire Angstrom Sports, a US-based…
Swatch sues Malaysia for Pride watch seizure. Swiss watchmaker Swatch has taken legal action against the seizure of “Pride Watches”…
After facing numerous delays, Tesla has successfully built its first Cybertruck, marking a significant milestone for the electric vehicle (EV)…
BYD offers a $1 billion India EV battery strategy. BYD, a leading Chinese electric vehicle (EV) manufacturer, is seeking approval…
Gold set for greatest week in 3 months on Fed pause bets. Thanks to a weaker dollar, gold prices are…
BlackRock’s quarterly earnings grow as more investors join its funds. BlackRock, a leading global investment management corporation, has announced robust…
Bosch invests in hydrogen and starts fuel-cell power module manufacture. We delve into the recent developments by Bosch in the…
Mitsubishi’s China JV cuts workers after SUV sales drop. Mitsubishi, the renowned automotive manufacturer, has announced plans to optimize the…
EU to relax Japan food import restrictions. In a significant development, the European Union (EU) is expected to announce the…
Lucid shares fall on flat second-quarter deliveries and output. Lucid Motors, a leading electric vehicle (EV) manufacturer, has achieved a…
Research firms predict Huawei’s 5G phone return will end the US embargo. Chinese tech giant Huawei is poised to overcome…
After U.S. inflation slows, the dollar falls for two months. European shares have experienced gains as investors anticipate the release…
European stocks rise as U.S. inflation cools. European shares have experienced gains as investors anticipate the release of crucial U.S.…
Tax hit hurts India’s gambling and casino industries. Indian online gaming companies are facing a significant challenge as their share…
Barclays wins UK Supreme Court push payment fraud case. In a landmark decision, the UK Supreme Court ruled favor of…
Volkswagen confronts investor concerns over Xinjiang audit independence. Maintaining transparency and accountability has become paramount in a rapidly evolving global…
Top-end, electrified Mercedes sales grow in Q2. Mercedes-Benz, a renowned luxury automobile manufacturer, has witnessed a significant surge in sales…
An Australian court has approved a $300 million fine on Crown Resorts, a company owned by Blackstone, in connection with…
Renault, the renowned automotive brand, has reported a remarkable 11% increase in sales during the first half of the year.…
Centrica, a leading energy company based in the UK, has entered into a significant liquefied natural gas (LNG) supply deal…
BP, a major energy company, has settled a long-standing legal case involving allegations of market manipulation in the US natural…
Geely, a leading Chinese automaker, and Renault, a prominent French automotive manufacturer, have established a joint venture to advance their…
Airbus opens a small jet production plant under A380’s shadow. Airbus, one of the world’s leading aircraft manufacturers, has recently…
Indian court rejects PepsiCo’s potato patent revocation petition. PepsiCo, the multinational food and beverage company, faced a significant setback as…
After VW discounts, GM lowers China Lyriq EV price by 14%. General Motors (GM) has announced a 14% price reduction…
Godrej Aerospace, an Indian aerospace company, is looking to secure a share in manufacturing GE-414 engines. The GE-414 engines are…
Alibaba, Tencent soar as investors bet Tech censorship in China is over. Alibaba Group Holding Ltd’s stock is expected to…
French central bank chief advises against boosting ECB inflation objective. The head of the French Central Bank has cautioned against…
Ant Group, the Chinese financial technology giant, has announced a share repurchase plan that values the company at nearly $79…
The United Nations (UN) has announced plans to initiate food aid deliveries using artificial intelligence (AI) robots as early as…
Tesla has rolled out a global cash rebate program amid an intensifying electric vehicle (EV) price war. This move highlights…
Mercedes-Benz has announced that its drivers in North America will gain access to Tesla Superchargers by 2024. This collaboration between…
China has concluded its regulatory revamp of Ant Group, the financial technology giant, by imposing a fine of at least…
Continental, a leading automotive technology company, has announced plans to phase out its activities at the Gifhorn plant in Germany…
Goldman Sachs has highlighted the need for over $25 billion in investments in the Western world to match China’s dominance…
Temu, a startup e-commerce platform, has announced its expansion into Japan, signaling its growth and ambition in the global market.…
U.S. government requests Tesla’s Autopilot probe updates. The U.S. agency responsible for auto safety has sought updated responses from Tesla…
Adani Green, a leading renewable energy company in India, is reportedly considering raising $1.5 billion in funding. This move comes…
VW prepared for China metal curbs and chipmakers downplay fallout. Volkswagen, the renowned automotive manufacturer, has expressed its readiness to…
Xpeng (9868. HK), a Chinese electric vehicle producer, expects its new model to outperform Tesla (TSLA.O) in the year’s second…
On Wednesday, the family-owned Mars Inc. bought sous-vide meal, sauce, and side dish maker Kevin’s Natural Foods. According to sources,…
Nikola (NKLA.O), struggling with cash and competition, reported higher wholesale and retail sales of its electric vehicles in the second…
Tesla Inc. (TSLA.O) dropped Japan’s Model 3 and Y prices by low single-digit percentages. According to its website, Tesla cut…
In an interview published Wednesday, Stellantis CEO Carlos Tavares claimed that despite the French government’s demand for more locally made…
Russia-Saudi Energy Minister Prince Abdulaziz bin Salman told a conference on Wednesday that OPEC+ will do “whatever necessary” to assist…
After Goldman Sachs downgraded top lenders, including the Agricultural Bank of China (AgBank), Hong Kong-listed Chinese banking shares fell on…
According to sources, China-based online retailer Shein is in talks with the New York Stock Exchange and Nasdaq about a…
Airbus (AIR.PA) is testing radical new wing technology to build a successor to its best-selling A320 series, but it must…
On Tuesday, Italy’s UniCredit (CRDI.MI) announced a new head of digital and a new director of operations to replace a…
Thames Water, Britain’s largest water supplier, was fined 3.3 million pounds ($4.2 million) on Tuesday for contaminating waterways in 2017.…
On Tuesday, Milan-based Pirelli (PIRC.MI) announced it would buy 100% of Hevea-Tec, Brazil’s largest independent natural rubber processor. Antitrust authorities…
Oil prices rose Tuesday as markets evaluated August production curbs by main exporters Saudi Arabia and Russia against a dismal…
Australia’s fourth largest pension fund banned new employment with PwC Australia amid a controversy involving the exploitation of government tax…
The UK’s FTSE 100 was flat on Tuesday as miners fell amid a weak Chinese demand outlook, but healthcare stocks…
Deutsche Bank (DBKGn.DE) concluded a fourth and final phase of technological integration with Postbank on Monday. The largest German bank…
On Monday, Britain’s Financial Conduct Authority (FCA) announced it would punish house and vehicle insurance for failing to help suffering…
On Monday, the World Bank and WTO presidents urged countries to make global services trade more open and predictable to…
Glencore Plc (GLEN.L) offered $71 million to buy PolyMet Mining (PLM.A)’s remaining ownership on Monday. Swiss commodity trader owns 82.26%…
After acquiring Credit Suisse, UBS (UBSG.S) is recruiting wealth managers for wealthy Americans in the U.S. In the year’s first…
On Monday, Saudi Arabia extended its voluntary oil output cut of one million barrels per day (bpd) until August, raising…
POSCO Group, a South Korean steelmaking and materials giant led by POSCO Holdings (005490. KS), announced Monday that it would…
British equities rose on Monday as mining firms surged on higher metal prices and other Chinese-exposed companies firmed in anticipation…
On Monday, industry chief Thierry Breton said the EU and Japan would cooperate more on semiconductors to improve control over…
The Financial Times reported on Monday that the EU is exploring a proposal for the Russian Agricultural Bank to establish…
On Monday, United Malt Group Ltd. (UMG.AX) accepted Malteries Soufflet’s A$1.5 billion ($999 million) buyout offer, making it the world’s…
E.V. charger manufacturers and operators call Texas’ Tesla charging station mandate “premature,” according to a Reuters document and source. Last…
South Korea achieved its first trade surplus since early last year in June as car exports continued to climb and…
The head of a board overseeing Venezuela’s international oil assets told Reuters that Venezuelan negotiators have met with bondholders and…
On Friday, Brazil’s Finance Ministry exempted enterprises in the tax collecting service’s new compliance program from federal taxes on e-commerce…
According to marketing documents obtained by Reuters, Chevron (CVX.N) is selling multiple oil and gas holdings in New Mexico and…
After increasing discounts and incentives to promote sales amid economic uncertainty and intensifying competition, Tesla (TSLA.O) is expected to declare…
Global M&A activity decreased 36% year-on-year in the second quarter, but investment bankers and attorneys were optimistic that the stock…
Stellantis (STLAM.MI) struck an offtake and equity investment agreement with Australia-listed Kuniko (KNI.AX) to secure a consistent supply of battery…
Oil prices surged above $75 a barrel on Friday, but sluggish global economic activity and gasoline demand threatened a fourth…
According to the statement that the company made on Friday, Akio Toyoda, the chairman of Toyota Motor (7203.T), received a…
Asian equities rose on Friday as dismal Chinese manufacturing activity data raised hopes for more stimulus and good U.S. economic…
Nike (NKE.N) surpassed Wall Street projections for quarterly revenue on Thursday as China recovered, but margins were under pressure owing…
Exxon Mobil (XOM.N) has committed to developing more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc. (TTI.N), its…
On Thursday, British banknote printer De La Rue (DLAR.L) maintained its 2017 adjusted operating profit target, supported by bid activity…
Siemens AG (SIEGn.DE) will transfer some of its ownership in Siemens Energy AG (ENR1n.DE) to its pension fund to minimize…
U.K.’s FTSE 100 began modestly lower on Thursday as markets battled for direction after top central bankers signaled more policy…
BMW (BMWG.DE) announced on Thursday that it will construct its X3 model in South Africa in 2024, investing 4.2 billion…
H&M (HMb.ST), the world’s second-largest fashion retailer, announced stronger-than-expected March-May profits and said third-quarter sales were off to a solid…
Asian equities slumped on Thursday after global central banks underlined their ambition to battle inflation, warning rates may need to…
Procter & Gamble India announced a 20 billion rupee ($243.79 million) personal healthcare manufacturing facility in Gujarat. The firm said…
On Wednesday, Boohoo (BOOH.L) encouraged Revolution Beauty (REVB.L) to hold a public meeting “without further delay” to remove CEO Bob…
Nissan Motor Co (7201.T) announced Wednesday that it will not fill Ashwani Gupta’s former COO role under a new management…
According to a term sheet reviewed by Reuters, Sichuan Kelun-Biotech Pharmaceutical wants to raise $208.6 million in a Hong Kong…
Rate surge complicates Generali $22 billion private equity portfolio sale. Three sources said rising interest rates complicate Assicurazioni Generali’s (GASI.MI)…
Shop price inflation slows in June, poll reveals. A Tuesday survey revealed that British shop price inflation eased this month,…
An executive said Wednesday that Rio Tinto (RIO.AX) is building a battery test plant in an Australian research hub to…
After a larger-than-expected drop in U.S. crude and gasoline stocks, oil prices rose on Wednesday. Brent crude prices jumped 32…
On Tuesday, the automotive industry group of engineers that evaluates standards said Tesla’s (TSLA.O) electric-vehicle charging system is being fast-tracked…
Despite the Republican campaign against climate-focused investing, U.S. asset managers integrate greenhouse gas emissions and other climate risks into their…
Nissan (7201.T) shareholders re-elected its CEO and other board nominees at an annual meeting on Tuesday, days after senior management…
A Washington state official told Reuters that electric vehicle charging providers must use Tesla’s connection to participate in a federally…
On Tuesday, Orange (ORAN.PA) and MasMovil’s planned merger of their Spanish operations may weaken competition and raise prices. EU antitrust…
After failing to resolve a Foxconn investment dispute, Lordstown Motors (RIDE.O) filed for bankruptcy and put itself up for sale…
PwC Australia’s sale of its government consulting business may temporarily ease its tax practice crisis, but experts say it won’t…
Pertamina, Indonesia’s national energy provider, announced late Monday that it would work with Electrum to produce battery packs for electric…
After a massive hacking breach, Australia’s banking regulator ordered Medibank (MPL.AX) to set aside A$250 million ($167 million) in extra…
Russia, rates, and China worries shake Asian stocks. Asian equities swung on Tuesday as investors awaited interest rate hints and…
According to an internal document, Starbucks (SBUX.O) will publish “clearer” centralized guidelines for in-store visual displays after a union claimed…
UK SFO delays Glencore personnel charging decision until year-end. On Monday, the Serious Fraud Office’s attorneys told a London court…
British grocer Sainsbury’s (SBRY.L) lowered prices again, adding to evidence that food inflation will moderate this year and help consumers…
On Monday, British equities fell after a failed mercenary mutiny in Russia, but Aston Martin shares rose after a partnership…
On Monday, British luxury manufacturer Aston Martin (AML.L) announced a deal to give U.S. electric vehicle (EV) maker Lucid Group…
British pharmaceutical GSK (GSK.L) settled a U.S. lawsuit alleging its discontinued heartburn medicine Zantac caused cancer. The corporation announced a…
Oil was marginally higher on Monday after an aborted weekend rebellion by Russian mercenaries increased concerns about petroleum supply, while…
On Monday, 26-06-2023, Denmark’s Danske Bank said that Infosys (INFY.NS), India’s second-largest IT services provider, will accelerate its digital transformation.…
On Saturday, Energy Minister Chris Bowen announced that Australia would build a A$51 million ($34 million) renewable hydrogen facility in…
SolarWinds (SWI.N) announced that some of its former and present officials had received Wells notices from the SEC regarding a…
Cathay Pacific (0293. HK) flight CX880 aborted takeoff early Saturday at Hong Kong’s international airport owing to a technical fault,…
The National Highway Traffic Safety Administration (NHTSA) announced Friday that Honda Motor (7267.T) recalls 1.2 million US vehicles due to…
Bank of America Global Research reported that investors “shunned” UK stocks after 24 weeks of outflows and bought bonds. BofA…
After Starbucks (SBUX.O) prohibited Pride Month decorations at its cafes, the baristas’ union announced on Friday that more than 150…
On Friday, Danish brewer Carlsberg (CARLb.CO) announced it had struck a deal to sell its Russian company but did not…
GSK (GSK.L) settled its first U.S. lawsuit alleging its discontinued heartburn medicine Zantac caused cancer on Friday, avoiding a trial…
Asia equities fall as economic forecast dims. Asian markets had their worst week in three months. Hotter-than-expected inflation and hawkish…
A European Union-authorized auditing company assessment showed that three Chinese biofuel exporters’ waste products from Malaysia and Indonesia could not…
Jeffrey Epstein’s victims have urged a U.S. judge to preliminarily accept JPMorgan Chase’s $290 million deal to resolve charges that…
Alaska Airlines (ALK.N) CEO Ben Minicucci said Wednesday that the airline is “anxious” to get the larger Boeing 737 MAX…
Punit Goenka told the Economic Times that ZEE Entertainment (ZEE.NS) and Sony’s Indian unit (6758.T) would merge regardless of who…
Nasdaq’s $10.5 billion investment in Adenza, a little-known financial software startup, will help the exchange operator dramatically expand its risk…
Rivian (RIVN.O) has purchased Swedish EV route planning software developer Iternio to add its technology to its electric trucks and…
After Federal Reserve head Jerome Powell maintained his hawkish tone, Asian equities began Thursday cautiously. MSCI’s broadest Asia-Pacific ex-Japan index…
Uber Technologies (UBER.N) announced on Wednesday that it was slashing 200 jobs in its recruitment division to maintain staffing levels…
According to plant operators, Exxon Mobil Corp.’s (XOM.N) 564,440-bpd Baytown, Texas, refinery’s reformer fire was rapidly doused on Wednesday. Sources…
Banking sources told Reuters that Go First, an Indian airline under bankruptcy protection, requested more funding during a Wednesday lenders…
According to Bloomberg News, Telecom Italia (TLIT.MI) may sell a minority stake in its enterprise unit for more than 6…
Oil steady after a surprising drop in U.S. crude stocks balances demand fears. Oil prices held onto most of the…
Mastercard (MA.N) launched a global credit and debit card recycling program on Wednesday to preserve the billions of cards in…
Rivian (RIVN.O), an electric car startup, adopted Tesla’s (TSLA.O) charging standard on Tuesday, giving Rivian customers access to the largest…
According to Reuters partner ANI, Tesla (TSLA.O) CEO Elon Musk said India’s Prime Minister Narendra Modi was pressing the vehicle…
Oil rises due to Fed hawkishness outweighing Chinese demand concerns. After two consecutive losses, oil prices rallied early on Wednesday…
After a train hauling iron ore near Dampier derailed over the weekend, Rio Tinto (RIO.AX), the world’s largest iron ore…
Asia markets fall amid China and Fed uncertainties. Investors were irritated by Beijing’s lack of stimulus measures and wondered how…
Cleareye.ai, a trade finance financial technology company, announced a strategic investment from JPMorgan (JPM.N). Last September’s commercial deal didn’t disclose…
Sources informed Reuters that Qatar would sign its second significant gas supply deal with a Chinese state-owned corporation in less…
Hyundai Motor Co (005380. K.S.) announced on Tuesday that it will invest 109.4 trillion won ($85.4 billion) through 2032, dedicating…
Hyundai Motor (005380. K.S.)’s CEO said Tuesday that the South Korean carmaker may make its vehicles more compatible with Tesla…
Alibaba Group (9988. HK) announced Tuesday that CEO and chairman Daniel Zhang would step down to focus on its cloud…
According to a story from Bloomberg News on Tuesday, citing people familiar with the situation, Grab Holdings (GRAB.O), located in…
After China dropped benchmark lending rates less than expected on Tuesday, oil prices fell, raising concerns about oil consumption in…
Asia shares plunge on China’s small rate drop. As investors awaiting a larger stimulus package from Beijing, Asian stocks dipped…
On Monday, McDonald’s Japan announced pricing increases at 184 city center locations, 6% of its 3,000 outlets, to offset rising…
On Monday, India’s Nifty 50 and Sensex stock indices reversed early gains after inching closer to fresh record highs on…
On Monday, billionaire investor Warren Buffett’s Berkshire Hathaway (BRKa.N) increased their interest in Japan’s five largest trading firms to over…
Goldman Sachs (GS.N) analysts have lowered China’s economic growth projections due to consistently low confidence and the housing market’s cloud.…
Rio Tinto (RIO.AX) was recovering approximately 30 wagons of a self-driving iron ore train that derailed in Western Australia on…
Asian equities stall rally, eyeing China stimulus, Powell testimony. After their best weekly run in five months, Asian shares started…
Oil prices fall as banks slash, China growth estimates. Last week’s gains were erased on Monday as concerns over China’s…
On Friday, Tata Consultancy Services (TCS.NS) said it had agreed with insurance provider Transamerica to discontinue a $2 billion contract…
Westpac (WBC.AX) projected Australia’s cash rate peak to 4.6% on Friday, predicting quarter-point hikes in July and August. Rates are…
Inflation drove a 9% increase in underlying UK sales for Britain’s largest retailer, Tesco (TSCO.L). On Friday, the business, which…
The China-led Asian Infrastructure Investment Bank (AIIB) said it would assist with a Canadian government examination prompted by a top…
Chinese electric car producer Xpeng Inc (9868. HK) launched City NGP (Navigation Guided Pilot) in Beijing. Xpeng said City NGP…
Swedish electric self-driving truck company Einride announced a partnership with Scandinavia’s largest postal service, PostNord, to reduce CO2 emissions in…
Industry Minister Yasutoshi Nishimura announced Friday that Toyota (7203.T) would get up to $841 million in subsidies to invest in…
Chinese state broadcaster CCTV announced that President Xi Jinping will meet Bill Gates in Beijing on Friday. Xi’s first international…
Asian markets surged to a four-month high on Friday as U.S. economic data fueled views that the Federal Reserve is…
French President Emmanuel Macron will meet with Tesla (TSLA.O) CEO Elon Musk on Friday for the second time a month…
Stocks stagnate as U.S. rates rise for longer. After the U.S. Federal Reserve decided not to raise interest rates for…
On Thursday, an Australian state banned PricewaterhouseCoopers’ (PwC) local business from getting new tax-related contracts for three months. A former…
HSBC (HSBA.L) and Standard Chartered (STAN.L) are among lenders under pressure from Hong Kong’s banking regulator to accept crypto exchanges…
Two sources said Goldman Sachs Group (GS.N) is slashing more than 30 Asian banking employees as a tough market environment…
China’s manufacturing output and retail sales growth in May fell short of expectations. According to official statistics released on Thursday,…
According to its website, Tesla Inc (TSLA.O) raised the US pricing of its Model Y electric car on Tuesday. The…
BYD’s sole agent announced on Wednesday that two showrooms and a service center in Hong Kong have reopened after being…
On Tuesday, Tyson Foods (TSN.N) announced it would lay off 228 corporate employees in Illinois who refused to move to…
Siemens (SIEGn.DE) announced it would develop a new industrial automation unit in Singapore to meet rising automation technology demand in…
On Wednesday, Toyota (7203.T) shareholders voted down an extraordinary resolution on the automaker’s climate advocacy and supported its board. Given…
Oil prices fell on Wednesday as industry data indicated an unexpected growth in U.S. oil stocks, signaling poor demand to…
On Tuesday, Ashtead Group (AHT.L) announced greater yearly revenue and profit due to robust U.S. businesses’ demand for construction and…
Asia shares follow Wall Street’s advance on US inflation figures, Fed emphasis. Following Wall Street’s bullish day, Asian markets rose…
EV charging body says Tesla’s charger connector is unstandardized. On Monday, CharIN, the industry group promoting the Combined Charging System…
Toyota announces battery and EV innovations. Toyota Motor (7203.T) will use high-performance, solid-state batteries, and other technologies to increase electric…
Bargain hunting lifted oil prices on Tuesday, but investors remained cautious ahead of crucial Fed and central bank policy meetings.…
On Tuesday, HSBC (HSBA.L) announced it would close its wealth and personal banking division in New Zealand as it leaves…
Two sources close to Volkswagen (VOWG_p.DE) said Monday that the supervisory board would meet on Tuesday to discuss a savings…
Glencore (GLEN.L) offered to buy Teck Resources’ (TECKb.TO) steelmaking coal business on Monday after the Canadian miner twice rejected its…
On Monday, Novo Nordisk (NOVOb.CO) said it would invest 15.9 billion Danish crowns ($2.29 billion) to develop a Danish production…
Novartis (NOVN.S) will buy Seattle company Chinook Therapeutics (KDNY.O) for up to $3.5 billion to add a rare severe kidney…
The Saudi state news agency reported that Saudi Arabia’s Ministry of Investment struck a $5.6 billion deal with Chinese electric…
As criticism mounts over financial losses and lackluster sales, Chinese electric vehicle producer Nio (9866. HK) announced Monday that it…
Oil prices fell on Monday ahead of a U.S. Federal Reserve meeting as investors assessed the central bank’s appetite for…
Telecom Italia (TIM) (TLIT.MI), Italy’s largest telecoms operator, received two new proposals for its landline grid on Friday to break…
On Friday, the White House announced that Tesla’s (TSLA.O) standard plug electric-vehicle charging stations might receive billions of dollars in…
A letter seen by Reuters from an Indian organization representing Netflix, Amazon, and Disney informed the government its new cigarette…
Xiaomi (1810. H.K.), Deutsche Bank (DBKGn.DE), HSBC (HSBA.L), and Citigroup (C.N.) received letters from India’s financial crime bureau on Friday…
After General Motors (GM.N) and Ford (F.N.) agreed to use the Tesla Supercharger network, Tesla (TSLA.O) shares rose 6% on…
Several OPEC+ sources told Reuters that Saudi Arabia kept its proposal to deep cut its oil output a secret during…
Oil prices fall for the second week as China’s recovery disappoints. On Friday, oil prices fell due to fears about…
Toyota (7203.T) announced Thursday that it would invest $328 million in a plant in Guanajuato, Mexico, to adjust its production…
Consumer groups complained Britain’s largest supermarket, Tesco (TSCO.L), to the competition authorities for failing to disclose loyalty card pricing. On…
Hotstar, owned by Walt Disney Co. (DIS.N), will stream cricket matches in India for free on mobile devices like JioCinema.…
Fourth pension fund freezes PwC Australia work over government tax plan leak. The fourth fund to freeze PricewaterhouseCoopers (PwC) Australia…
Ex-minister asks Beijing to set global EV battery standards. On Friday former industry minister said China should standardize electric vehicle…
Safaricom Ethiopia, Ethiopia’s first private telecom operator, received additional backing from the World Bank Group’s private investment arm and guarantee…
This week, a business conference in Riyadh will bring together Chinese entrepreneurs and investors to discuss expansion and financing opportunities…
BYD launched a new brand of electric vehicles (EVs) on Friday, including off-road and sports cars, to fulfill increasingly diverse…
Two sources said Tokio Marine Holdings (8766.T) had hired Goldman Sachs (GS.N) and Jefferies (JEF.N) to sell its $1 billion…
Yandex (YNDX.O), a Russian internet company, announced Thursday that it would retain its Nasdaq Stock Exchange listing if it restructures…
On Thursday, Japanese truck maker Isuzu Motors (7202.T) denied plans to move a facility from Thailand to Indonesia, a day…
On Thursday, Lucid Group’s president of China operations, Zhu Jiang, said the company is poised to join the world’s largest…
In the first quarter, M&G (MNG.L)’s wholesale asset management business received 1 billion pounds ($1.25 billion) of net inflows, offsetting…
BlackRock plans a $7 billion Global Renewable Power Fund. As clients increase climate-friendly investments, BlackRock (BLK.N), the largest asset management,…
After GameStop Corp (GME.N) fired its CEO and recorded a larger-than-expected quarterly loss, billionaire investor Ryan Cohen became executive chairman…
As renewable energy grows, Japan’s Itochu Corp (8001.T) announced Wednesday that it had formed a power storage company alongside Osaka…
Saudi Arabia and Qatar stocks climbed early Wednesday before a widely expected U.S. Federal Reserve interest rate hike halt. At…
Three sources told Reuters that Vodafone (VOD.L) and CK Hutchison (0001. HK) are close to announcing their British operations merger…
CFO Dmitry Pyanov said Russia’s No. 2 lender VTB (VTBR.MM) plans to raise 94 billion roubles ($1.15 billion) in its…
Chongqing Changan Automobile (000625. SZ) rejected local media reports that it arbitrarily lowered supplier payments by 10% in a statement…
China’s exports and imports fell quicker than predicted in May, heightening concerns about the fragile economic recovery. Global demand, especially…
On Wednesday, two sources told Reuters that Goldman Sachs Group (GS.N) will open a Tokyo power derivatives desk. Generators, customers,…
Zara owner Inditex (ITX.MC) reported a 54% increase in first-quarter profit on Wednesday as sales kept pace after a successful…
China’s largest commercial property developer, Dalian Wanda Group, had 1.98 billion yuan ($278.18 million) in shares frozen by a Shanghai…
Ford Motor Co. (F.N) appointed Liz Door as its chief supply chain officer on Tuesday amid parts shortages and escalating…
World stocks stagnate as speculators await Fed pause. Soft U.S. economic statistics reinforced concerns the Federal Reserve may not raise…
TSMC (2330. T.W.)’s chairman said Tuesday that the business is “good” about talks for a prospective first European factory in…
On Tuesday, financial network Calastone reported that U.K. investors bought money market funds at the fastest rate since last year’s…
On Tuesday, Emirates President Tim Clark stated that the Dubai-based carrier may add Airbus A350, Boeing 777X, or 787 jets…
Associated British Foods (ABF.L), which owns Primark and other sugar, food, and ingredients companies, will buy dairy technology startup National…
On Tuesday, British American Tobacco (BATS.L) reaffirmed its year sales and profit estimates. However, it said it would focus on…
Tony Tang, BlackRock Inc.’s (BLK.N) head of China business, leaves the asset manager after helping build its operations in the…
Five sources told Reuters that Elon Musk’s brain implant business Neuralink, estimated at close to $2 billion in a private…
On Monday, a European derivatives committee declared Casino (CASP.PA), France’s debt-laden retailer, has not had a bankruptcy credit event, dashing…
On Monday, the China Passenger Car Association (CPCA) said that Tesla Inc. (TSLA.O) delivered 77,695 China-made EVs in May, up…
On Monday, Foxconn, the world’s largest contract electronics producer, and Apple Inc.’s iPhone assembler reported a 9.5% sales drop in…
Due to China’s post-pandemic recovery, German exports climbed sharply in April, but analysts warned that the impetus could be short-lived.…
Volvo automobiles (VOLCARb.ST) sold 60,398 automobiles in May, up 31% year-over-year. The 31% increase follows a difficult 2022, when COVID-19…
On Monday, the Nikkei share average reached its highest level in 33 years as Wall Street rallied and investors gambled…
PwC Australia names scores of government tax plan leakers. On Monday, PricewaterhouseCoopers (PwC) Australia listed at least 67 current and…
On Monday, Diageo Plc (DGE.L), the largest spirits firm in the world, said that CEO-designate Debra Crew would take over…
Barclays Private Bank (BARC.L) announced two senior hires in its Singapore office on Monday to capitalize on the wealth and…
On Monday, Novo Nordisk announced plans to acquire a majority share in French medical device maker Biocorp (ALCOR.PA). The Danish…
On Monday, Norwegian aquaculture service business Froy (FROY.OL) and Goldman Sachs Asset Management (GSAM) announced a cash offer of 6.6…
France embraces EV battery factories. It was a revelation for French President Emmanuel Macron. Last July, the head of Taiwan’s…
On Monday, a private-sector survey revealed that China’s services activity increased in May as new orders supported a consumption-led economic…
After strong U.S. jobs data, Asian traders priced in longer-term higher interest rates, strengthening the currency. After Chinese services activity…
Indian stocks rise on Fed rate hike halt prospects. Mixed U.S. jobs statistics raised concerns that the Federal Reserve may…
UBS Group AG (UBSG.S) aims to retain more than 100 Credit Suisse Group AG (CSGN.S) investment bankers in Asia, Bloomberg…
A top executive said Friday, despite a weak global economy, Walmart (WMT.N) intends to double its foreign gross merchandise volume…
As part of India’s electric car supply chain, Tata Group signed an outline deal on Friday to establish a lithium-ion…
French Renault consumers to file criminal case over faulty engines. A group of consumers wants to file a criminal lawsuit…
Exclusive: Barclays CEO to stop US talent flight. According to sources, Barclays CEO C.S. Venkatakrishnan hosted a virtual town hall…
After visiting China this week, JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon will visit Taiwan on Friday, a source…
The benchmark Nikkei market closed at a three-decade high on Friday after U.S. lawmakers approved raising the debt ceiling and…
California, New York pensions reject Toyota chairman. Shareholder voting records showed that two top U.S. public pension systems voted against…
On Thursday, Exxon Mobil (XOM.N) CEO Darren Woods said new technologies would double oil production from the company’s U.S. shale…
Lufthansa’s (LHAG.DE) minority position in Italy’s loss-making ITA Airways fuels a wave of consolidation in Europe’s fragmented aviation business that…
Largest Australian pension fund suspends auditing by PwC. Australia’s largest pension fund will stop using PricewaterhouseCoopers (PwC)’s local business after…
Two sources with knowledge of the subject said Southeast Asian e-commerce and gaming giant Sea Ltd (SE.N) is closing down…
Lucid Group (LCID.O) dropped 9% after market hours after announcing a $3 billion stock offering, roughly two-thirds of which will…
On Thursday, a possible slowdown in U.S. interest rate hikes and the debt ceiling bill gaining a crucial vote boosted…
On Wednesday, Ryanair (RYA.I) delivered a petition signed by 1.1 million EU passengers to the European Commission urging that overflights…
Daiwa Securities Group Inc (8601.T) plans to hire more bankers and acquire boutique businesses to increase M&A consulting income by…
JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon said the U.S. and China need “real engagement” to tackle their complex…
In an interview posted Wednesday, Chief Operating Officer Ralf Brandstaetter said Volkswagen (VOWG_p.DE) will not participate in a discount competition…
A British consortium that includes Glencore (GLEN.L) will spend $9 billion in Indonesia’s mining and electric vehicle (EV) battery sectors,…
Toyota Motor Corp (7203.T) stated Wednesday that Oceana and Asia customer data, except Japan, may have been publicly accessible from…
Faraday Future Intelligent Electric (FFIE.O) unveiled its $309,000 limited edition FF 91 2.0 Futurist Alliance EV. The 300-unit model was…
Britons’ bargain hunting boosts B&M’s profits. British discount retailer B&M (BMEB.L) anticipated stronger core earnings for the 2023-24 financial year…
THE ART OF NEGOTIATION: HOW TO CLOSE DEALS AND BUILD LASTING BUSINESS RELATIONSHIPS “Unlock the Secrets of Successful Negotiation: How…
Musk open to China expansion: foreign ministry. After meeting with Chinese foreign minister Qin Gang in Beijing, Tesla Inc (TSLA.O)…
On Tuesday, Stellantis (STLAM.MI) CEO Carlos Tavares said the business needs one or two more major US battery factories to…
On Tuesday, a Swiss Social Democratic Party politician suggested shrinking UBS (UBSG.S) assets after its merger with Credit Suisse (CSGN.S)…
PwC Australia may lose government audit contract, Treasury boss says. An official told a senate inquiry that Australia’s Treasury department…
Asda buys EG Group UK petrol stations. British supermarket retailer Asda said it would buy petrol station operator EG retailer’s…
On Tuesday, top U.S. and EU officials meet in Sweden to discuss China, artificial intelligence, future technologies, and EU complaints…
Pitkethly is to retire in 2024 as Unilever CFO. On Tuesday, Unilever Plc (ULVR.L) announced that Chief Financial Officer Graeme…
The Ultimate Guide to Identifying Your Target Audience Understand the importance of identifying your target audience, conducting market research, and…
On Tuesday, Qantas Airways (QAN.AX) predicted that its international divisions would be twice as profitable in the post-COVID era due…
On Tuesday, Yomiuri reported that Mitsubishi Motors Corp (7211.T) will extend its China manufacturing suspension beyond May. Mitsubishi Motors is…
The Art of Branding: How to Create a Strong Brand Identity Build a strong brand identity by developing a brand…
The Legal Roadmap: Essential Steps for Starting Your Business Learn how to navigate the legal aspects of starting a business,…
The Top 5 Steps to Launching a Profitable Dropshipping Business A guide to building a successful dropshipping business, including supplier…
On Monday, Reliance Industries Ltd. (RELI.NS)’s JioCinema streaming platform announced a deal with NBC Universal Media to bring more Hollywood…
U.S. debt ceiling deal boosts Gulf markets excluding Abu Dhabi. After Washington politicians negotiated a tentative debt ceiling compromise, most…
As post-COVID tourism in Southeast Asia rises, Singapore Airlines Ltd (SIAL.SI) and Garuda Indonesia (GIAA.JK) announced a joint venture (JV)…
Newcrest’s Cadia mine license in NSW is still under consideration. Newcrest Mining Ltd.’s (NCM.AX) most lucrative gold mine in New South…
ICICI Lombard General Insurance Co Ltd (ICIL.NS) shares soared 14.2% on Monday after ICICI Bank Ltd. (ICBK.NS) approved a 4%…
Asian markets, US futures surge on debt ceiling accord. Asian shares and U.S. stock futures gained on Monday after U.S.…
A U.S. debt ceiling deal and a cheaper currency lifted Japan’s Nikkei share average to its highest level since July…
AMP (AMP.AX) announced that Blair Vernon would succeed Peter Fredricson as chief financial officer and abolish its local wealth management…
Bloomberg News reported Sunday that Boeing Co (BA.N) is negotiating to sell at least 150 737 Max jetliners to Saudi…
Deputy U.S. Trade Representative Sarah Bianchi told Reuters that the U.S. would not hinge its decision on a “breakthrough” in…
ConocoPhillips (COP.N) bought TotalEnergies’ (TTEF.PA) Canadian subsidiary’s 50% stake in the Surmont oil complex for $3 billion, displacing Suncor Energy.…
As the ruling Law and Justice (PiS) party prepares for a legislative election later this year, Family and Social Policy…
JPMorgan is shedding 500 positions this week. According to someone familiar with the situation who requested anonymity, JPMorgan Chase &…
From UberEATS to DoorDash: Examining the Key Players in the Food Delivery Industry Learn about the rapidly growing food delivery…
Must-Have iPhone Apps for Efficient Business Contact Management Discover the best iPhone apps to help you manage your business contacts.…
Hyundai Motor Group and L.G. Energy Solution Ltd (LGES) (373220. K.S.) said Friday that they would establish a $4.3 billion…
After a wave of insurers left an industry climate group under U.S. pressure, the Glasgow Financial Alliance for Net Zero…
On Friday, Italy’s second-largest bank UniCredit (CRDI.MI), expanded its payments cooperation with Mastercard (MA.N). UniCredit said the partnership spans 13…
Bunge and Viterra in merger negotiations. A source familiar with the situation said global grain trader Viterra is in talks…
Mahindra’s Q4 profit climbs 22%, declares dividend On Friday, Mahindra & Mahindra Ltd. (MAHM.NS) reported a 22.1% increase in fourth-quarter…
On Friday, Norway’s $1.4 trillion wealth fund, the world’s largest stock market investor, said it would vote against oil majors…
U.K. equities climbed on Friday after retail sales surprisingly rose in April, indicating consumer spending resilience despite high inflation. In…
Oil prices were unchanged on Friday amid conflicting supply messages from Russia and Saudi Arabia ahead of the next OPEC+…
The Importance of Corporate Social Responsibility in Modern Business Models Corporate Social Responsibility is an integral part of 21st-Century business…
On Thursday, the U.S. will sell oil and gas drilling rights on federal lands in New Mexico and Kansas, more…
Medtronic Plc (MDT.N) predicted annual earnings below Wall Street projections on Thursday, expecting a higher currency to continue lowering overseas…
On Thursday, Italian Economy Minister Giancarlo Giorgetti told Ansa news agency that Lufthansa (LHAG.DE) CEO Carsten Spohr will visit Rome…
Nvidia nears first trillion-dollar chip maker following outstanding prediction. Generative AI is everywhere, all at once, for Nvidia Corp (NVDA.O).…
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Stellantis funds US startup Lyten to build lithium-sulfur batteries. On Thursday, Lyten and Stellantis (STLAM.MI) announced an investment to help…
On Thursday, CIBC (CM.TO) announced a drop in second-quarter profit due to greater provisions for failed loans due to the…
How Inflation is Affecting Your Purchasing Power: Understanding Consumer Spending Habits Discover the impact of inflation on consumer spending habits,…
On Thursday, Great Wall Motor (601633. SS) reported BYD (002594. SZ) to China’s regulators, alleging that its two top-selling hybrid…
Embraer (EMBR3.SA) expressed “full support” for Pratt & Whitney as it confronts durability issues on its latest jet engines but…
Industry sources said Chevron (CVX.N) is selling its Congo oil and gas assets to focus on newer, more profitable output.…
Treasury Wine Estates (TWE.AX) dropped nearly 8% on Thursday after warning that inflation was restricting demand for its commercial-grade wine…
Since Western sanctions over Ukraine disrupted Russia’s usual export routes, Russian customs data show that the UAE is a major…
On Thursday, the U.K.’s FTSE 100 fell as investors worried about the Bank of England’s monetary tightening, while Cineworld surged…
Following a security warning from the U.S. National Highway Traffic Safety Administration, VinFast recalls its initial US-bound electric vehicles. The…
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On Wednesday, Citigroup Inc. (C.N) announced its Banamex consumer, small business, and middle-market banking operations in Mexico will be listed.…
Analog Devices Inc. (ADI.O) announced that a volatile economy will hurt its third-quarter earnings, sending its shares down more than…
Kohl’s Corp (KSS.N) announced an unexpected profit on Wednesday as its new CEO’s efforts to cut inventory and costs paid…
Australia reports PwC tax document leak to police. Secretary to the Treasury Steven Kennedy revealed the Australian Treasury had submitted…
On Wednesday, the IMF’s managing director indicated she doesn’t expect US dollar holdings to change quickly. Kristalina Georgieva stated, “We…
On Wednesday, Swatch Group (UHR.S) said Malaysian officials confiscated its rainbow-colored LGBT rights watches. On May 13 and 14, Malaysia’s…
NZ central bank stops raising rates after the 14-year peak. After raising rates to 5.5% on Wednesday, New Zealand’s central…
British insurer and asset manager Aviva (AV.L) reported growth in major business lines in the first quarter of 2023, while…
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Two sources said BlackRock (BLK.N), the world’s largest asset manager, has selected Giovanni Sandri, its current head of Italy, as…
Yelp Inc (YELP.N) shares rose 10% in premarket trade Tuesday after activist investor TCS Capital Management advised the service-recommendation site…
Lynk & Co, owned by China’s Geely (0715. H.K.) and Volvo Car (VOLCARb. S.T.), wants to build its first showroom…
On Tuesday, a source claimed Alibaba Group Holding Ltd.’s (9988. HK) cloud unit began cutting 7% of its personnel to…
On Tuesday, Lowe’s Cos Inc (LOW.N) lowered its year comparable sales and profit estimates as high inflation cuts consumer discretionary…
According to a source, Bain Capital’s Virgin Australia airline aims to debut on the ASX for A$1 billion in November.…
The FTSE 100 fell on Tuesday due to uncertainty about the U.S. debt settlement, although BT Group climbed as billionaire…
Adani Enterprises Ltd. led Adani Group gains on Tuesday after a Supreme Court panel found it “impossible to conclude regulatory…
Oil rises on tighter supplies and increasing gasoline demand. On Tuesday, investors expected a tighter market due to seasonal gasoline…
On Tuesday, Tesla (TSLA.O)’s website listed China-made Model 3 and Model Y cars for sale in Canada, confirming its first…
Qantas Airways (QAN.AX) anticipated a record annual profit. On Tuesday, they increased its share buyback scheme by up to A$100…
According to the British Chamber of Commerce in China, most British companies are taking a “wait and see approach” to…
On Monday, First Citizens BancShares Inc (FCNCA.O), which purchased Silicon Valley Bank after its bankruptcy, sued HSBC Holdings PLC (HSBA.L)…
On Monday, executives told investors that JPMorgan Chase & Co. (JPM.N) would earn $3 billion more in interest payments from…
Walgreens fights a ‘staggering’ $642 mln arbitration award to Humana. Walgreen Co., a national retail pharmacy chain, has urged a…
On Monday, four sources reported German media giant ProSiebenSat.1 (PSMGn.DE) and European pay-TV operator Sky had resumed merger talks. German…
Mizuho’s $550 million Greenhill purchase expands U.S. banking. As Japan’s No. 3 lender seeks a larger portion of the world’s…
Abu Dhabi National Oil Co. announced a broader maritime and logistics IPO on Monday. Reuters forecasts that ADNOC will offer…
On Monday, Volvo Group (VOLVb. S.T.) announced that Volvo Vehicles would supply 1,000 electric vehicles to Swiss building solutions provider…
On Monday, Chevron Corp (CVX.N) acquired shale producer PDC Energy Inc (PDCE.O) in a $7.6 billion stock-and-debt deal. After Russia…
Ford Motor Co. (F.N.) announced three lithium product supply partnerships, including lithium hydroxide, on Monday as it ramps electric vehicle…
On Monday, an Indian appeals tribunal upheld insolvency proceedings against cash-strapped airline Go First, making it harder for lessors to…
Oil prices were stable on Monday as U.S. debt ceiling negotiations dampened confidence about demand later in the year and…
According to an internal email seen by Reuters, France and other countries opposed new EU renewable energy objectives last week,…
European equities started cautiously on Monday, and Wall Street futures struggled as U.S. debt ceiling negotiations neared crunch time. President…
The Banking Times reported on Monday that Credit Suisse AG (CSGN.S) workers are prepared to sue the Swiss banking regulator…
Britain sold 1.26 billion pounds ($1.59 billion) of NatWest shares on Monday, lowering its ownership to 38.6%. “Today’s sale is…
Ryanair (RYA.I) reported a near-record profit of 1.43 billion euros ($1.57 billion) in the year to end-March and said it…
After a pleasant phone discussion on Sunday, as the president flew back to Washington, President Joe Biden and House Republican…
China’s Micron ban revives US trade tensions, boosts Asian chip rally. On Monday, some Chinese and South Korean chipmaker stocks…
Russia and Cuba sign deals to revive the communist island’s economy. At a summit in Havana this week, Russian and…
Mondelez International Inc (MDLZ.O) was acquitted of defrauding consumers with its Trident “Original Flavor” gum. U.S. District Judge Iain Johnston…
According to Chinese customs data, wigs and fertilizer were among China’s top exports to North Korea in April. China’s General…
Friday’s RBI statistics supplement revealed that India’s foreign exchange reserves (INFXR=ECI) climbed for a third week to $599.53 billion, their…
After months of negotiations with Russian authorities, Volkswagen (VOWG_p.DE) sold its Kaluga production plant and local companies on Friday. VW…
Tesla is ‘serious’ about India’s production and innovation base. On Friday, India’s deputy minister for technology told Reuters that Tesla…
G7 countries shouldn’t compete on renewables. On Friday, a prominent European diplomat said the Group of Seven (G7) affluent nations…
Ukrainian firms seek expansion overseas as violence rages at home. Rostyslav Vovk realized he needed to expand his pet food…
Chinese EV producer Nio invests in a nuclear fusion startup. According to a source with direct information and a corporate…
Berkshire Hathaway Inc (BRKa.N) increased its stake in Occidental Petroleum Corp (OXY.N) to 24.4%. According to a regulatory filing, the…
India and the UK are far apart on a free trade deal. Indian sources stated that disparities in tariff lines…
Asian shares gained on Friday as the dollar hovered near a two-month high as chances of a debt ceiling resolution…
Brazil’s Finance Minister Fernando Haddad warned that the new government may delay its inflation target. “I think this improvement is…
Oil prices rose on Friday after falling more than 1% as investors became cautiously hopeful about the U.S. debt default…
On Friday, Qantas Airways Ltd. (QAN.AX), Australia’s flag carrier, said it wants to add seats and aircraft to its worldwide…
Hyundai, Kia settle US car thefts for $200 million. On Thursday, lawyers for Hyundai Motor (005380. K.S.) and Kia Corp…
AMP was fined $16 million for billing deceased customers. AMP Ltd. (AMP.AX) will pay a court-mandated penalty of A$24 million…
In a Thursday evening consultation paper, India’s capital market regulator proposed consistent expense ratios for mutual funds to increase investor…
On Thursday, the Chinese embassy in Washington announced that China’s commerce minister would visit the U.S. next week to meet…
On Thursday, a source said Lazard Ltd. (LAZ.N) CEO Ken Jacobs would step down and be replaced by Peter Orszag,…
On Thursday, Canada’s competition authority sued Cineplex Inc (CGX.TO) for advertising movie tickets at lower prices than many consumers. “We’re…
Walmart Inc. (WMT.N) boosted its yearly sales and profit projections on Thursday as shoppers sought grocery deals. The top U.S.…
Indian officials discussed Tesla’s automobile and battery incentives. A source familiar with this week’s conversations told Reuters that Tesla Inc…
On Thursday, Toyota Motor Corp (7203.T) and two allies introduced a micro-sized electric vehicle for Japan’s delivery industry during the…
Before meeting with Prime Minister Rishi Sunak on Thursday, Japanese companies pledged roughly 18 billion pounds ($23 billion) in Britain,…
Wall Street’s debt ceiling optimism boosts Asian stocks. Asia shares surged on Thursday, following Wall Street, while the dollar hovered…
Netflix Inc. (NFLX.O) officials touted its ad-supported tier’s almost 5 million monthly active customers to advertisers. Last November, the streaming…
Boeing unveils data tool for net-zero emissions aim. Boeing Co (BA.N) launched a data modeling tool to help airlines and…
In April, China-bound shipments fell, dragging down Japan’s export growth. On Thursday, Ministry of Finance data showed that exports grew…
After an internet-fueled run collapsed Silicon Valley Bank two months ago and shook the industry, bankers bolstered social media risk…
Indian and Asian shares rose on Thursday after signs that the U.S. was close to raising its debt ceiling. The…
Deutsche Bank AG (DBKGn.DE) will pay $75 million to settle a lawsuit by women who claim Jeffrey Epstein abused them…
Amazon Web Services (AWS), the cloud computing business of Amazon.com Inc. (AMZN.O), announced on Thursday that it will invest 1.06…
Tesla’s new factory proposal in India revives market negotiations. According to someone familiar with the situation, Tesla Inc (TSLA.O) has…
Target Corp. (TGT.N) anticipated a second-quarter sales decrease and a profit below Wall Street projections on Wednesday as shoppers shun…
On Wednesday, a bookrunner said that Blackstone BX.N and Thomson Reuters TRI.TO sold 33 million London Stock Exchange Group LSEG.L…
Musk claims Tesla won’t survive a harsh economy. Tesla Inc. (TSLA.O) CEO Elon Musk cautioned that the global economy will…
After weaker-than-expected economic data from the world’s two major oil customers, the United States and China, oil prices fell again…
Japan supports G7 gas, but corporations may face long-term issues. Last month, Japan’s energy businesses welcomed the G7’s backing for…
BYD Co Ltd (002594. SZ), China’s largest electric vehicle maker, has created a new division and hired thousands to catch…
Japan subsidizes the Samsung chip plant. A source with direct knowledge of the situation said Japan is arranging subsidies of…
On Wednesday, British credit data giant Experian Plc (EXPN.L) said it expected its annual organic revenue to expand between 4%…
Former First Republic firm CEO Michael Roffler blamed the firm’s collapse on contagion from other regional bank failures and said…
On Wednesday, French catering giant Elior (ELIOR.PA) upped its annual sales target but decreased profit prediction due to slower volume…
As it prepares to rescue Credit Suisse Group AG (CSGN.S), UBS Group AG (UBSG.S) indicated in a presentation early on…
On Wednesday, Commerzbank (CBKG.DE) reported a better-than-expected first-quarter net profit. The quarter’s net profit of 580 million euros ($638.46 million)…
After beating second-quarter sales forecasts, Siemens (SIEGn.DE) boosted its full-year revenue and profit guidance on Wednesday. The train and industrial…
According to a Tuesday regulatory filing, Credit Suisse Group AG cannot do business until its acquisition by rival UBS Group…
On Wednesday, VinFast’s creator predicted it would break even by 2024. Pham Nhat Vuong, chairman of Vingroup (VIC.HM) and founder…
Indian shares fall on profit booking amid results rush. Indian markets dipped on Wednesday as investors booked profits after a…
According to Chief Cabinet Secretary Hirokazu Matsuno, Prime Minister Fumio Kishida will meet with global semiconductor firm executives to strengthen…
Asian shares were quiet on Wednesday, and the dollar stayed near a five-week top as investors remained risk wary amid…
Struggling British online clothes retailer Boohoo (BOOH.L) said this year’s installation of its first U.S. distribution center may improve its…
Gary Nagle told the Bank of America conference in Barcelona on Tuesday that Glencore (GLEN.L) is a “distant second” to…
On Tuesday, Deutsche Post (DPWGn.DE) said postage stamp prices must rise next year to pay rising costs. “In view of…
After Warren Buffett’s holding company announced a stake in Capital One Financial Corp (COF.N), shares jumped in premarket trade on…
Tesla Inc. (TSLA.O) has sought regulatory approval to expand its Shanghai facility and make pouch-type battery cells in limited quantities.…
The broad dollar index rose on Tuesday as a jump in Britain’s jobless data suggested fewer Bank of England rate…
UK’s main stock index rose on Tuesday as weak currency benefited some internationally focused consumer sectors, although Vodafone fell after…
The U.S. Virgin Islands has subpoenaed Tesla Inc (TSLA.O) CEO Elon Musk for papers in its lawsuit against JPMorgan Chase…
Two people with firsthand knowledge of Morgan Stanley’s intentions claimed the Wall Street firm would cut investment bankers’ Asia bonuses…
On Tuesday, French construction-to-telecoms company Bouygues (BOUY.PA) reported a first-quarter operational profit, exceeding market expectations, helped by last year’s Equans…
Despite weaker-than-anticipated Chinese economic data, Asia markets mainly held firm on Tuesday as investors expected policy support from the world’s…
China’s April industrial output and retail sales growth missed expectations, suggesting the economy lost impetus at the start of the…
With insolvency looming, Go Airlines of India sought emergency arbitration in a lawsuit against Pratt & Whitney in the U.S.…
Cooling domestic inflation and sustained foreign institutional purchasing in stocks lifted Indian shares on Tuesday, while optimism of a U.S.…
The BlackRock Investment Institute (BII) predicted central bank measures to manage inflation might cause a recession and market selloff later…
On Monday, Sweden’s SAS AB (SAS.ST) said that the U.S. Bankruptcy Court for the Southern District of New York has…
Exxon settles Indonesia torture case that ousted SEC officer. Exxon Mobil Corp (XOM.N) resolved a long-running human rights complaint with…
Elon Musk fails to resolve SEC ‘muzzle’ over tweets. On Monday, a federal appeals panel denied Elon Musk’s request to…
The Alberta Energy Regulator (AER) said it was monitoring the issue Sunday after 27 ducks were found dead at one…
Envision Healthcare Corp. and its wholly-owned subsidiaries filed for Chapter 11 bankruptcy on Monday. In a court filing, the U.S.…
When Tesla Inc. (TSLA.O) introduced its new vehicle-assembly system in March, auto industry experts debated whether CEO Elon Musk’s “unboxed”…
Due to a local power issue and other operational activities, Vodacom Group’s full-year profit fell 6.4%. For the year ended…
PricewaterhouseCoopers (PwC) announced the retirement of its former Australia CEO, who resigned last week, and an independent probe into a…
The Elysee Palace has confirmed media rumors that Elon Musk, the billionaire entrepreneur, would meet French President Emmanuel Macron and…
British American Tobacco (BATS.L) named finance director Tadeu Marroco CEO Monday, succeeding Jack Bowles, who retired after four years. Marroco…
Novartis (NOVN.S) announced the new Sandoz board members on Monday. The Basel corporation accepted Sandoz Chairman-designate Gilbert Ghostine’s ten board…
According to two sources, Japan’s Rakuten Group Inc (4755.T) is finalizing plans to issue new shares to generate $2.2 billion…
Asian stocks rise ahead of China data, Fed speakers. Asian markets rose gingerly on Monday as investors awaited China’s industrial…
On Monday, Telangana’s IT minister said that Apple Inc. (AAPL.O) supplier Foxconn (2317. TW) would invest $500 million in manufacturing…
On Monday, Siemens Energy (ENR1n.DE), a power sector supplier, said its wind turbine segment remained under pressure and expected to…
Two sources said that as the flash memory market slumps, Kioxia Holdings Corp. and Western Digital Corp. (WDC.O) are speeding…
Newcrest supports Newmont’s $17.8 billion deal. Newcrest Mining Ltd., an Australian gold miner, backed Newmont Corp.’s (NEM.N) A$26.2 billion ($17.8…
Four sources familiar with the case said German energy majors Sefe and Uniper (UN01.DE) had rewarded some traders millions of…
Two Adani group companies, including the Indian conglomerate’s flagship firm, revealed plans to raise $2.57 billion from the market months…
Luminar Technologies CEO Austin Russell and IWM announced Friday that Russell would buy a majority interest in Forbes Global Media…
Oppo will close its chip design team by citing global economic and smartphone industry uncertainty. The 2019-founded Zeku unit of…
On Saturday, Treasury Secretary Janet Yellen called a battle over extending the U.S. debt ceiling “more difficult” but said she…
JioCinema, owned by Indian billionaire Mukesh Ambani, is charging 999 Indian rupees ($12) yearly to compete with Netflix and Disney.…
Australia’s Minister for Trade and Tourism, Don Farrell, said he was “pleased” with his talks with his Chinese counterpart in…
Friday saw Vietnamese electric automaker VinFast (VFS.O) join SPAC Black Spade Acquisition Co (BSAQ.N) to list in the U.S. “Assuming…
Nissan confirmed on Friday that COO Ashwani Gupta would not be reappointed to the board next month, casting doubt on…
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On Friday, Canada’s largest airline, Air Canada (AC.TO), posted a reduced adjusted quarterly deficit due to strong travel demand. Despite…
On Friday, KFC and Pizza Hut operator Sapphire Foods India (SAPI.NS) reported a 57% drop in fourth-quarter profitability due to…
China data and U.S. debt ceiling impair markets. On Friday, investors worried about weak Chinese economic statistics, U.S. government budgets,…
GSK sells partial ownership in spin-off Haleon at a discount. GSK (GSK.L) sold 240 million Haleon (HLN.L) shares at 335…
As U.S. and Chinese economic worries resurfaced, oil prices fell for a fourth week on Friday. By 0635 GMT, Brent…
Toyota Motor Corp (7203.T) announced Friday that 2.15 million Japanese customers’ car data was publicly available from November 2013 to…
After rejecting the private equity firm’s most recent purchase offer, British e-commerce platform THG Plc (THG.L) announced on Friday that…
On Friday, Japanese e-commerce and fintech behemoth Rakuten Group Inc (4755.T) reported an operating loss of 76.2 billion yen ($564.24…
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British engine maker Rolls-Royce (RR.L) said the new CEO’s plan to enhance profitability was advancing “at pace” and on track…
Dubai’s Emirates Group reported a yearly profit of 10.9 billion dirhams ($3 billion) and an 81% revenue growth to $33 billion…
According to a source, Go Airlines (India)’s new resolution professional told staff on Thursday that the firm needs finance to…
Vodafone (VOD.L) announced Thursday that the CEO of its largest shareholder, Emirates telecoms giant Etisalat (EAND.AD), commonly known as e&,…
After a $10.6 billion merger in the industry fuelled anticipation for greater consolidation among lithium miners, Australian-listed lithium miners rose…
After missing fourth-quarter projections, Honda Motor Co (7267.T) estimated a 19.1% operational profit increase for this financial year on Thursday.…
On Thursday, Japanese automaker Nissan Motor Co (7201.T) projected a 38% increase in operating profit due to increased sales and…
On Thursday, two government sources told Reuters that India’s income tax agency is searching Mankind Pharma Ltd.’s (MNKI.NS) New Delhi…
Bayer (BAYGn.DE), a drug and pesticide company, said cost inflation and the reversal of last year’s glyphosate-based weedkiller price hike…
Yellen fears US default would damage the global economy, US leadership. On Thursday, Treasury Secretary Janet Yellen asked Congress to…
SoftBank Group Corp (9984.T) announced a 970 billion yen ($7.18 billion) financial loss for the year ended March 31, with…
After reporting first-quarter revenue and profit in line, Deutsche Telekom (DTEGn.DE) upped its full-year operating profit estimate on Thursday. On…
As Canberra pushes for commercial liberalization and diplomatic stability, Australia’s commercial Minister landed in Beijing on Thursday to meet his…
After a jury granted him $3.2 million in a race prejudice case, a Black former Tesla Inc (TSLA.O) manufacturing worker…
The U.S. agency identified unsatisfactory Chinese firm audits. The federal body announced Wednesday that the U.S. Public Company Accounting Oversight…
On Wednesday, First Citizen BancShares Inc (FCNCA.O) posted a first-quarter profit of $9.82 billion, largely thanks to its purchase of…
India’s Procter & Gamble Hygiene and Health Care Ltd (PROC.NS) reported a reduction in quarterly revenues due to a decline…
On Wednesday, Israel-based Teva Pharmaceutical Industries (TEVA.TA) announced first-quarter profit below projections. Still, they maintained its full-year outlook, citing a…
On Wednesday, Indian commercial port operator JSW Infrastructure Ltd. filed a draft prospectus for an IPO for up to 28…
On Wednesday, contract research business Syneos Health Inc. (SYNH.O) announced that Elliott Investment Management, Patient Square Capital, and Veritas Capital…
Rivian Automotive Inc (RIVN.O) surged 7% on Wednesday as its good profits stood out in a terrible quarter for electric-vehicle…
Europe serves as a gateway to post-COVID China for investors. The unevenness of China’s financial recovery and geopolitical worries has…
Post-pandemic consumer travel trends are driving airlines to guess at the “new normal” by eliminating flights, rebuilding networks, and squeezing…
SVB’s failure didn’t start the U.S. credit crunch and may not finish there. Carissa Rodeheaver, CEO of a small bank…
BYD Co Ltd (002594. SZ) lowered the beginning price of its best-selling Seal sedan by 10% on Wednesday to expand…
Crude prices dipped on Wednesday, halting a three-day gain, as an unexpected surge in U.S. crude stocks raised demand worries,…
Australian lithium miner Allkem Ltd. (AKE.AX) announced a $10.6 billion deal to purchase U.S. chemical manufacturer Livent Corp. (LTHM.N). Livent…
Hyundai and Wuling electric car sales rise due to Indonesia tax drop. Auto executives reported that Indonesia’s largest economy’s electric…
On Wednesday, food caterer Compass Group (CPG.L) boosted its fiscal 2023 expectations after half-year earnings rose 41%, helped by more…
Volkswagen investors fear Chinese competition and Xinjiang factory at AGM. According to advanced versions of their remarks, Volkswagen (VOWG_p.DE) investors…
Mitsubishi Heavy Industries (7011.T) anticipates record defense equipment orders this fiscal year as Japan embarks on its largest military buildup…
On Wednesday, Toyota Motor Corp (7203.T) forecast a 10% increase in operating profit and a five-fold increase in pure electric…
UK equities moved higher on Wednesday as investors avoided major bets ahead of US inflation data. At the same time,…
After beating forecasts for the first quarter because of strong U.S. sales, Ahold Delhaize (AD.AS) CEO Frans Muller predicted Wednesday…
On Wednesday, many sources reported Saudi Aramco notified North Asian clients they would receive the full June crude oil amounts…
Stocks fall as investors’ anxieties appear ahead of US inflation data. Asia stocks were struggling to climb, and the dollar…
Secretary of State Antony Blinken said Tuesday that the US is pressing the WHO to welcome Taiwan as an observer…
Virgin Australia completed capital return plans for IPO. In an internal email on Wednesday, Chairman Ryan Cotton said that Virgin…
Three sources said CICC Capital, a unit of Chinese investment bank CICC (3908. HK), has stopped employing consultant Capvision Partners…
SoftBank Group Corp (9984.T) announced earnings on Thursday amid an increase in some Vision Fund equities and a market eager…
Rupee may fall more before critical U.S. inflation statistics. After falling below a critical threshold in the previous session, the…
On Wednesday, India’s fourth-largest airline, Go Airlines (India) Ltd., and its 7,000 workers will face a bankruptcy plea judgment that…
Britain sets financial watchdog standards to keep City competitive. On Tuesday, Britain’s finance ministry requested input on defining regulator targets…
On Tuesday, Apollo Global Management Inc. (APO.N) reported that its first-quarter adjusted net income decreased 8% year-over-year, missing projections due…
Weak Chinese trade data and the debt limit deadlock, which sparked a dramatic sell-off in short-dated U.S. Treasury bonds, had…
On Tuesday, Spanish travel booking giant Amadeus (AMA.MC) reported a near 200% increase in first-quarter adjusted net profit, above analysts’…
On Tuesday, Italian truck maker Iveco Group (IVG.MI) said it would purchase Nikola Corp’s (NKLA.O) joint venture to develop battery…
MSCI will give Egyptian securities in its indexes “special treatment” after investor criticism about poor FX liquidity. MSCI stated late…
On Tuesday, the American Chamber of Commerce in Shanghai expressed alarm about allegations of Chinese probes into U.S. due diligence…
According to two sources, as it expands in the world’s second-largest economy, HSBC (HSBA.L) has agreed to buy out its…
Purplebricks Group (PURP.L), Britain’s largest online-only estate firm, said Tuesday it was unlikely to return to revenue generating in the…
PayPal’s adjusted margin prediction beats greater profit forecasts. PayPal Holdings Inc (PYPL.O) shares fell 5% in extended trading on Monday…
Amazon offers $10 for pickup to reduce shipping expenses. Amazon.com (AMZN.O) is joining other retailers to cut home delivery and…
A joint statement from Goldman Sachs Group Inc. (GS.N) and the plaintiffs announced a $215 million settlement to end a…
Oil prices dipped on Tuesday as the market remained cautious ahead of April U.S. inflation numbers, which will influence the…
Grifols (GRLS.MC) announced that its executive chairman, Thomas Glanzmann, will become its new CEO, terminating the founding family’s executive leadership.…
Merck (MRCG.DE), a German pharmaceutical company, said on Monday that Helene von Roeder would replace Marcus Kuhnert as CFO and…
On Monday, contract drugmaker Catalent Inc. (CTLT.N) said it expected to “significantly” lower its 2023 sales and core profit expectations…
On Monday, Volkswagen-owned Czech automaker Skoda Auto reported a 60.8% increase in first-quarter operating profit to 542 million euros ($598…
EU fresh Russia sanctions target Chinese companies. Several Chinese firms have been nominated for blocklisting by the European Union’s executive.…
Shares gain, while the dollar falls before inflation data. In fair trading on Monday, global equities rose ahead of U.S.…
On Monday, KKR & Co Inc (KKR.N) reported a 26% decline in first-quarter distributable earnings due to a steep drop…
On Monday, Tyson Foods Inc. (TSN.N) lowered its full-year sales projection, indicating that price rises and strong inflation prevent customers…
On Monday, Standard Chartered (STAN.L) CEO Bill Winters said a U.S. recession was improbable, but a period of negative growth…
HSBC buys China, the fund partner. According to two sources, HSBC (HSBA.L) has agreed to buy out its China fund…
According to a Vietnamese government statement quoting BYD Co.’s chair, the business wants to manufacture and assemble electric automobiles in…
Toyota Motor Corp (7203.T) has halted sales of the Yaris ATIV. Still, senior executives said Monday that the vehicle is…
On Monday, Go Airlines asked India’s corporate law tribunal to immediately rule on its bankruptcy appeal, citing lessors’ attempts to…
Qualcomm Inc. (QCOM.O) said on Monday that it would acquire Israel’s Autotalks Ltd., which produces processors for crash-prevention technology. Chipmakers…
After reorganizing its MENA area, Citi named Dubai-based Omar Hafeez chairman of its North Africa, Levant, and Central Asia operations…
On Monday, PostNL (PTNL.AS) reported an unexpected first-quarter operational profit, supported by a smaller-than-expected package volume decline and last year’s…
China is the epicenter of the electric car pricing war, and Tesla Inc (TSLA.O) and BYD (002594. S.Z.) dominate the…
Bain Capital wants $4 billion for global special circumstances fund. Two sources claimed Bain Capital is seeking $4 billion for…
After beating first-half profit projections, Westpac Banking Corp. (WBC.AX) dropped a cost-cutting objective on Monday, citing inflation. The country’s No.…
According to insiders, Alibaba’s (9988. HK) logistics business plans to list in Hong Kong early next year to raise $2…
SAP (SAPG.DE) and Siemens (SIEGn.DE) have joined U.S. tech titans in criticizing new EU legislation on smart gadgets and consumer…
In a Monday statement, the Reserve Bank of New Zealand proposed gathering financial entity data on cyber events to understand…
Gold is flat as traders await US inflation data. Gold prices remained steady on Monday as cautious investors anticipated this…
Sweden’s Assa Abloy AB (ASSAb. S.T.), the world’s No. 1 lock producer, and Spectrum Brands Holdings (SPB.N) announced a settlement…
Warren Buffett’s Berkshire Hathaway Inc BRKa.N reported a $35.5 billion first-quarter profit, helped by Apple Inc. gains and a Geico…
On Saturday, Ford Motor Company (F.N) announced it would begin accepting orders for its best-selling F-150 Lightning pickup truck the…
On Saturday, proxy consulting company Institutional Shareholder Services (ISS) advised Shell (SHEL.L) shareholders to vote against a climate activist resolution…
According to two sources, Singapore state investor Temasek Holdings (TEM.UL) may invest $100 million in Indian jewelers BlueStone for a…
UBS Group AG (UBSG.S) CEO Sergio Ermotti has nominated Credit Suisse Group AG (CSGN.S) executives most likely to join the…
Volkswagen (VOWG_p.DE) will remove only one executive board member at its software firm Cariad next week to solve development concerns.…
A Thai official said on Saturday that China’s Hozon New Energy Automobile would construct electric vehicles in Thailand for the…
Court documents reveal that Russian automaker GAZ (GAZA.MM) has sued Volkswagen (VOWG_p.DE) for 15.6 billion roubles ($200.5 million). On Friday,…
On Friday, negative investors were surprised by Carvana Co.’s (CVNA.N) second-quarter earnings prediction, sending its shares up 55%. Carvana struggled…
Two sources said China’s largest express delivery operator, SF Holding Co Ltd (002352.SZ), aimed to raise up to $3 billion…
Canada added more jobs than predicted in April; the unemployment rate remains 5.0%. Statistics Canada said Friday that the Canadian…
Warner Bros Discovery Inc (WBD.O) reported a quarterly loss on Friday due to expenditures related to its 2022 merger, dimming…
The World Gold Council (WGC) said Friday that investor buying dropped in the first three months of 2023, offsetting central…
British Airways-owner IAG (ICAG.L) and Air France-KLM (AIRF.PA) announced strong summer reservations on Friday as holidaymakers continued to plan despite…
Sources say JPMorgan Chase & Co. CEO Jamie Dimon will visit mainland China for the first time in four years…
Air France-KLM (AIRF.PA) reported better-than-expected first-quarter revenue and cash flow on Friday due to a worldwide air traffic rebound and…
Holiday Inn owner IHG Plc (IHG.L) announced Friday that its Americas CEO Elie Maalouf would follow Keith Barr as CEO…
On Friday, Adidas (ADSGn.DE) reported better-than-expected first-quarter revenues, down 1% from last year. However, investors believe the German sportswear giant…
On Thursday, Kellogg Co. (K.N) anticipated a smaller annual profit decrease and boosted the lower end of its sales prediction…
On Thursday, Shopify Inc. (SHOP.TO) announced a second wave of layoffs and sold its logistics subsidiary to freight forwarder Flexport,…
Qualcomm’s “sobering report” worsens chip outlook. Qualcomm Inc. (QCOM.O) shares fell almost 8% premarket on Thursday after the chip designer…
Toronto-Dominion Bank Group (TD.TO) called off its $13.4 billion First Horizon Corp (FHN.N) acquisition on Thursday, U.S.ing the U.S. regional…
Ferrari Q1 core earnings are up 27% after reopening Purosangue orders. On Thursday, Ferrari (RACE.MI) reported 27% growth in first-quarter…
Stocks and euro fall ahead of ECB rate rise. Europe’s stock markets and the euro fell on Thursday as investors…
After announcing forecast-beating earnings on Thursday, Danish drugmaker Novo Nordisk (NOVOb. C.O.) warned it would have to cut U.S. initial…
Equinor (EQNR.OL) surpassed first-quarter profit projections on Thursday, powered by energy trading, but earnings were significantly below last year’s record…
TIM (TLIT.MI) directors will meet on Thursday to discuss how to respond to multi-billion proposals for the phone company’s landline…
Price increases improve BMW automobile sales. BMW (BMWG.DE) reported a higher earnings margin for its cars segment on Thursday, with…
Volvo Cars (VOLCARb.ST) announced Thursday that it would lay off 1,300 Swedish office workers as it cuts costs. In a…
Adidas (ADSGn.DE) will inform investors on Friday about the unsold Yeezy sneakers that have plagued the German sportswear company since…
Goldman Sachs said it was “cautious” on Turkish banks ahead into the May 14 election, with lenders more sensitive than…
Australia’s exports to China reached record highs in March as the Asian superpower sucked in more iron for its steel…
On Thursday, French IT consultancy firm Capgemini (CAPP.PA) reported poorer revenue growth in the first quarter of 2023 than a…
Biden administration approves Chinese airline flights to the US. On Wednesday, the Transportation Department (USDOT) said Chinese airlines could boost…
On Thursday, Taiwan Defence Minister Chiu Kuo-cheng said supply chain difficulties had delayed the arrival of 66 sophisticated modern F-16Vs…
ISS advised Tesla investors to vote against board chair Robyn Denholm’s re-election on Wednesday, citing worries about a lack of…
Fed hikes rates, opens the door to tightening cycle stop. The Federal Reserve’s handling of the post-pandemic economic recovery entered…
S3 Partners reports that Nvidia Corp (NVDA.O) short sellers have lost $5.09 billion this year while the stock has risen…
Ford Motor Co. (F.N.) announced Wednesday that it would incur restructuring expenditures of $1.5 billion to $2 billion in 2023…
After a short pause last year owing to delivery backlogs, Tesla Inc. (TSLA.O) started taking orders for its Model 3…
CEO: Go. The First owner won’t leave the airline. On Wednesday, Go Airlines (India)’s CEO told Reuters that the budget…
U.S. chip export regulations scarcely hinder China’s A.I. industry. Last year’s U.S. semiconductor export limits to halt China’s supercomputer development…
On Wednesday, Britain’s competition authority said it was investigating Adobe Inc.’s (ADBE.O) $20 billion takeover of cloud-based designer platform Figma…
A source said U.S. asset manager Apollo Global Management Inc (APO.N) would apply to Swedish and Danish regulators to purchase…
Airbnb’s four-part payment option increases pricing transparency. Airbnb Inc. (ABNB.O) predicts a record 300 million guest visits in 2023 and…
Lloyds surpasses earnings expectations, hints stress ahead. On Wednesday, Lloyds (LLOY.L) surpassed first-quarter profit predictions thanks to rising interest rates,…
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