Business

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,…

Credit card advantageous benefits for business Is it a goal of yours to reduce costs and increase returns on company…

Business credit card fees Is your business being hit with unexpected fees every time you process a credit card payment?…

All you need to know about credit fees and charges Credit cards can be a convenient financial tool, but do…

Multi-business credit card management tips Are you tired of juggling multiple credit cards for your business, struggling to keep track…

U.S. SEC will vote on private fund and hedge fund disclosures. On Wednesday, the SEC will vote whether to impose…

Cash-strapped On Tuesday, Indian airline Go First declared bankruptcy, blaming “faulty” Pratt & Whitney engines for grounding half its fleet.…

The good and the bad of the use of credit cards for business expenses Are you a business owner looking…

What to look out for when choosing a credit card for your business Did you know that choosing the wrong…

Business credit card building Is your business struggling to secure financing or stuck with high-interest loans? The solution may be…

Emailing customers to retain and engage Are you struggling to keep your customers engaged and coming back for more? Look…

Ferrari (RACE.MI) and Enel X (ENEI.MI) will build a 1-MWp solar energy plant at its Fiorano test track to offer…

On Tuesday, Marriott Overseas Inc. upped its full-year profit prediction, citing a faster-than-expected rebound in overseas markets and solid worldwide…

Marathon Petroleum Corp (MPC.N) reported a more than three-fold increase in quarterly earnings on Tuesday, benefitting from greater margins on…

Pfizer Inc. (PFE.N) surpassed analysts’ first-quarter earnings projections on Tuesday, sending its shares up about 3% before the bell. The…

After strong January-March results, Uber Technologies Inc. (UBER.N) forecasted quarterly core earnings above estimates on Tuesday. The company’s shares climbed…

On Tuesday, higher pricing and traffic at Burger King and Tim Hortons helped Restaurant Brands International Inc (QSR.TO) outperform Wall…

Gold pauses in anticipation of Fed rate increase hints. Tuesday’s gold prices remained within a very small range as investors…

German foreign minister Annalena Baerbock demanded a global renewable energy objective on Tuesday. At the outset of the Petersberg Climate…

Stocks slump; Aussie dollar surges following unexpected boost. Global equities sank on Tuesday as caution crept ahead of the Federal…

Midea (000333. SZ), a $58 billion Chinese white goods giant, purchased German robot producer Kuka for over $5 billion in…

DSM’s (DSMN.AS) first-quarter earnings and sales below estimates on Tuesday due to low vitamin prices, poor volumes, and high inflation.…

On Tuesday, India-based Pepsi bottler Varun Beverages (VARB.NS) reported a 69% quarterly profit growth on price increases and strong demand…

BP (BP.L) made $5 billion in the first quarter of 2023, up from the previous three months, due to robust…

China’s departure prohibitions increase as Xi tightens political control. After three years of COVID-19 limitations, China progressively prohibits anyone from…

Geberit (GEBN.S), a Swiss plumbing supplies producer, reported an 8.9% reduction in first-quarter sales on Tuesday, blaming difficult comparative results…

BlackBerry (BB.TO) announced a strategic examination on Monday that may lead to company splits. As a result, US-listed shares rose…

Normalizing China-Australia commerce requires more than political fixes. After three years of political conflict, China is lifting restrictions on Australian…

On Tuesday, Australia’s central bank shocked markets by hiking its cash rate by 25 basis points, saying inflation was too…

JPMorgan Chase & Co.’s (JPM.N) acquisition of First Republic Bank forced the Biden administration to reconcile its anti-merger position with…

A source told Reuters on Tuesday that Morgan Stanley (MS.N) will reduce 3,000 workers in the second quarter, its second…

After lowering costs six times this year until mid-April, Tesla Inc. (TSLA.O) boosted US pricing for the second time in…

As global interest rates rose, HSBC Holdings (HSBA.L) reported a 212% quarterly profit increase on Tuesday. Europe’s largest bank earned…

Foxconn accuses Lordstown of breaching the agreement. Lordstown Motors (RIDE.O) shares fell 25% after key stakeholder Foxconn claimed it broke…

On Monday, a top U.S. banking regulator will publish a thorough analysis of the federal deposit insurance system, sparking new…

On Monday, China’s largest listed steelmaker, Baoshan Iron and Steel Co (600019. SS), announced a joint venture with Saudi Aramco…

Ministers recommend ‘risk-based’ AI legislation for the G7. As European lawmakers rush to pass an AI Act to regulate emerging…

Qatar Airways might reach 255 routes with aircraft deliveries. Qatar Airways’ chief executive said Monday that the Gulf airline might…

Managers strive to prevent shutting down Ford Motor Co.’s (F.N) Kentucky Truck Plant’s Super Duty pickup truck production lines, which…

On Monday, a senior official at India’s largest carmaker Maruti Suzuki India Ltd (MRTI.NS), predicted a second-quarter chip shortage recovery.…

Franchisees shuttered 2.7% of Subway’s U.S. sandwich restaurants last year, reducing royalties and fees. According to its newest disclosure statement…

Hollywood writers and film and TV studios held last-minute contract talks on Monday to avoid a strike that would hamper…

US regulator seizes First Republic Bank, sells assets to JP Morgan. First Republic Bank, the third major U.S. bank to…

Customers and merchants have sued Energizer Holdings Inc (ENR.N) and Walmart Inc (WMT.N) in three proposed class actions for colluding…

South Korea’s exports declined for a seventh month in April, the worst losing streak in three years, led by a…

On Monday, the Indian decarbonization platform Serentica Renewables announced a $250 million investment from KKR & Co Inc (KKR.N). “This…

On Monday, much of Asia was on holiday, leaving currencies in limbo as traders prepared for a busy week of…

PNC Financial Services Group (PNC.N), JPMorgan Chase & Co (JPM.N), and Citizens Financial Group Inc (CFG.N) filed final offers for…

On Monday, Sony Group Corp.’s (6758.T) annual profit projection was below market expectations, sending its shares down 4.8%. Music and…

U.S. rate hike forecasts and China PMI drop oil prices. Oil prices dipped on Monday due to concerns about rising…

On Monday, Japan’s Astellas Pharma (4503.T) announced its largest purchase, buying U.S. pharmaceutical Iveric Bio Inc. for $5.9 billion to…

Exclusive: SoftBank’s Arm files massive US IPO. On Saturday, sources indicated SoftBank Group Corp.’s (9984.T) chip manufacturer Arm Ltd. filed…

Two sources familiar with the situation said India’s market regulator had requested a six-month extension to finish its investigation into…

COVID-19 lockdowns and regulatory crackdowns cut Didi Global’s 2022 revenue by 19%. In its first annual report since delisting from…

On Saturday, India’s Kotak Mahindra Bank (KTKM.NS) announced a better-than-expected 26% increase in net profit for the January-March quarter, aided…

Turkey’s Baykar will manufacture a new air warfare drone next year. Baykar’s chairman Selcuk Bayraktar claimed the company’s new uncrewed…

Refining earnings offset a drop in energy prices and oil and gas output to boost first-quarter profit for oil major…

Asia will discuss Japan’s market protection proposal. As global banking sector woes and fears of a recession in advanced economies…

Tui said it repaid all German COVID-19 governmental subsidies on Friday. After a capital increase, the company gave the economic…

London’s FTSE 100 fell for the fifth day on Friday as mining firms fell with copper prices, while financials rose.…

U.S. private equity firm Blackstone Inc (BX.N) said that Singapore’s sovereign wealth fund GIC has agreed to purchase a portfolio…

India advises China to maintain border calm for improved relations. The Indian government said India’s defense minister reminded his Chinese…

On Friday, Great Wall Motor Co Ltd (601633. SS) revealed that its Iracemapolis facility in Brazil will begin operations on…

Remy Cointreau (RCOP.PA), a French spirits producer, said on Friday that it expects organic sales to remain steady during the…

Japan will subsidize storage battery chip projects up to $1.8 billion. Friday, Industry Minister Yasutoshi Nishimura announced up to $1.8…

U.S. officials spearhead First Republic rescue discussions. Three sources said U.S. authorities are organizing urgent negotiations to save First Republic…

Mercedes-Benz (MBGn.DE) raised its vans division’s annual adjusted return on sales prediction to 11-13% from 9-11% on Thursday and said…

According to an FTC official, Federal Trade Commission Chair Lina Khan met with the chiefs of various antitrust enforcers, including…

Asian equities surged on Friday as solid corporate profits bolstered morale amid economic stagnation. At the same time, the yen…

Due to higher prices, new promotions, and menu items, Domino’s Pizza Inc. (DPZ.N) beat Wall Street expectations for first-quarter U.S.…

On Thursday, China’s largest brokerage, CITIC Securities Co (600030. SS), announced a 3.6% increase in first-quarter earnings due to higher…

Deutsche Bank cuts 800 positions after a successful first quarter. After a better-than-expected first-quarter profit, Deutsche Bank (DBKGn.DE) will slash…

Mobileye Global Inc. (MBLY.O) cut its yearly revenue projection on Thursday due to increased competition from start-ups and automakers developing…

Two sources told Reuters that Exxon Mobil Corp (XOM.N) is in talks with Colombia’s government to recoup its investment in…

On Thursday, Danish brewer Carlsberg (CARLb.CO) surpassed first-quarter sales predictions and boosted the lower end of its full-year profit outlook…

Nestle (NESN.S) is testing Airbus (AIR.PA) satellites to track reforestation amid worldwide worries over consumer products businesses’ carbon footprints. The…

On Thursday, Unilever (ULVR.L), manufacturer of Dove soap and Ben & Jerry’s ice cream, beat quarterly sales predictions despite a…

On Thursday, the London Stock Exchange Group (LSEG.L) restated its core financial aims for the year ahead of its annual…

Barclays posted a better-than-expected first-quarter profit on Thursday as its consumer banking unit overcame pressure on other business lines. The…

Pernod Ricard (PERP.PA), a French spirits company, announced a larger-than-expected decrease in third-quarter sales but said it was optimistic of…

On Thursday, Denmark’s DSV (DSV.CO), the world’s third-largest freight forwarder, announced a first-quarter adjusted operating profit beyond forecasts and anticipated…

India’s NSE, one of two major stock exchanges, altered its equity index accounting for spun-off enterprises to reduce component turnover.…

On Wednesday, CEO Donnie King said that Tyson Foods Inc. (TSN.N) would reduce 10% of corporate employment and 15% of…

On Thursday, Volvo Car Group (VOLCARb.ST) announced a smaller-than-expected drop in first-quarter operating profitability and said worldwide demand remained solid…

Samsung expects an H2 turnaround after a Q1 chip loss of $3.4 billion.. After its semiconductor unit announced a record…

Geely’s EV brand Zeekr is the latest to use Tesla’s “gigapress” die-casting method to lower electric car prices. Zeekr’s production…

Toyota Motor Corp (7203.T) just exceeded its aim of 9.1 million cars in the financial year that ended in March…

Belarus was put on the U.S. Trade Representative’s intellectual property rights watch list after new legislation allowed the unlawful use…

The government said Wednesday that Argentina would pay for Chinese imports in yuan instead of dollars to boost its currency…

According to one of Fast Retailing’s (9983.T) executives, Uniqlo wants to grow its existing outlets in North America by 10%.…

Skoda Auto, a subsidiary of Volkswagen (VOWG_p.DE), announced plans to extend its electric vehicle lineup to six models by 2026,…

On Wednesday, China’s largest insurer by market value, Ping An Insurance (Group) Co of China Ltd (601318. SS), announced a…

Carrier Global Corp (CARR.N) announced on Tuesday that it would purchase Viessmann Group’s heating boiler and heat pump arm for…

Hilton Worldwide Holdings Inc. (HLT.N) boosted its full-year adjusted profit projection on Wednesday, betting on pent-up travel demand. After the…

Vonovia (VNAn.DE), Germany’s largest real estate business, announced Thursday that Apollo would buy a minority position in its Suedewo residential…

Kris Licht will succeed Nicandro Durante as CEO of Reckitt Benckiser (RKT.L) after a transition period. Since July 2020, Licht…

On Wednesday, industry sources claimed Airbus (AIR.PA), the world’s largest planemaker, has replaced the leadership of its A320-family airliner program,…

On Wednesday, German sportswear producer Puma (PUMG.DE) said it expects second-quarter sales to rise at a low- to mid-single-digit percentage…

GSK (GSK.L) surpassed first-quarter revenue and profit projections on Wednesday thanks to sales of its blockbuster shingles vaccination Shingrix. On…

After reporting higher-than-expected first-quarter revenue on Wednesday, Danone (DANO.PA), the world’s largest yogurt manufacturer, boosted its 2023 sales growth projection.…

Due to significant revenue growth from other medications, Roche (ROG.S)’s first-quarter revenues fell 7% on decreased demand for COVID-19 treatments…

Safran (SAF.PA) announced strong quarterly sales and maintained its 2023 financial guidance as air traffic demand recovered. Through its CFM…

Pernod Ricard (PERP.PA) has sought an Indian court to force New Delhi municipal authorities to award it a liquor-selling license…

LG Display (034220. KS), a South Korean display panel producer, reported its fourth consecutive quarterly loss, missing projections, as worldwide…

Indermit Gill, the World Bank’s chief economist, wants to include domestic borrowing in sustainability assessments to solve the growing debt…

Standard Chartered PLC (StanChart) (STAN.L) reported a 21% higher first-quarter pretax profit than expected on Wednesday, driven by rising interest…

On Wednesday, Honda Motor Co (7267.T) announced a strategic partnership agreement with Taiwan Semiconductor Manufacturing Co (TSMC) (2330. TW) to…

The benefits of leveraging big data for your business Learn how to leverage big data to drive business growth, including…

On Tuesday, McDonald’s Corp. (MCD.N) reported 12.6% worldwide comparable sales growth in the first quarter, above Wall Street projections. McDonald’s…

Legislative changes may impact Medicaid enrollment and Medicare Advantage (MA) operations. Therefore, Centene Corp (CNC.N) lowered its 2024 adjusted profit…

As results and global economic concerns grew on Tuesday, the dollar climbed, and the euro fell from a 10-month high.…

As investors awaited corporate results and macro data this week to assess the global economy, stocks dipped, and the currency…

On Tuesday, Mitsubishi Motors Corp (7211.T) reported a one-time loss of 10.5 billion yen ($78.31 million) due to decreased sales…

On Tuesday, former KFC outlets in Russia will reopen as Rostic’s as the new owners resuscitate a brand founded after…

Ocado Retail, a joint venture between Ocado Group (OCDO.L) and Marks & Spencer (MKS.L), said Tuesday that its Hatfield customer…

In its regular biannual economic report for the Western Balkans on Tuesday, the World Bank said the economies of the…

On Monday, Reuters reported that Italy’s Treasury and Lufthansa (LHAG.DE) had extended exclusive discussions regarding the sale of ITA Airways…

On Tuesday, Primark-owner Associated British Foods (ABF.L) announced a 3% drop in first-half earnings and maintained its full-year outlook for…

After a breast cancer medication trial success and the development of a prostate cancer radiation medicine, Novartis (NOVN.S) boosted its…

On Tuesday, Hyundai Motor Co (005380. KS) announced a $5 billion North American electric vehicle (EV) battery joint venture with…

On Tuesday, Nestle (NESN.S), the world’s largest packaged food business, announced slightly better-than-expected first-quarter revenues. The Swiss business, which manufactures…

G.M., Samsung SDI to announce U.S. EV battery factory plans. As the carmaker diversifies its component suppliers, General Motors Co…

Santander (SAN.MC) reported Tuesday that its first-quarter net profit grew 1% compared to 2022 due to higher loan income, mainly…

After a strong first quarter, ABB (ABBN.S) upped its full-year sales and profit projection on Tuesday. The producer of electric…

Due to legal preparations for past litigation, UBS Group AG (UBSG.S) announced a 52% drop in first-quarter earnings on Tuesday.…

New legal rights for Britain to fight Big Tech. On Tuesday, Britain announced a new rule to limit huge internet…

On Monday, JBS USA, a unit of Brazilian meatpacker JBS SA (JBSS3.SA), announced it was canceling contracts with a U.S.…

China’s demand and rate rises to keep oil prices constant. Investors balanced robust holiday travel in China, which might raise…

On Tuesday, Netflix Inc. (NFLX.O) announced it would invest $2.5 billion in South Korea over the next four years to…

Valentino announced an 18% increase in core earnings for 2022 as sales grew 10% at constant currencies, despite a sluggish…

Standard Chartered (STAN.L) stated on Monday that the “crypto winter” is ended and that Bitcoin may reach $100,000 by 2024.…

In an alternative to Casino’s planned merger with French retailer Teract (TRACT.PA), Czech billionaire Daniel Kretinsky is offering a 1.1…

On Monday, Nidec Corp (6594.T), a Japanese electric motor company, reported its first quarterly operating loss in a decade due…

UBS confirmed Monday that Christian Bluhm would remain chief risk officer for the “foreseeable future” as it tightens controls after…

Energy companies and industrial miners on London’s commodity-heavy FTSE 100 slumped on Monday morning due to sluggish crude demand and…

On Monday, HSBC’s (HSBA.L) most prominent activist shareholder Ken Lui claimed he had spoken for the first time with Ping…

Hong Kong’s dollar peg is in a bind. The wide yield spread between U.S. government debt and the Asian hub’s…

Chilean President Gabriel Boric’s plan to nationalize his country’s massive lithium industry highlights new filtration technologies that could revolutionize metal…

A Czech government source told Reuters that Vietnam is seeking aircraft, radars, armored vehicle improvements, and weapons from the Czech…

Tesla prepares China-to-Canada Model Y shipment. According to a person with firsthand knowledge and a production letter seen by Reuters,…

On Monday, India’s Adani Ports and Special Economic Zone (APSE.NS), a group company of the troubled Adani Group, announced a…

On Monday, Philips (PHG.AS), a Dutch health technology company, set aside 575 million euros ($631 million) for possible lawsuit costs…

The dollar started the last trading week of the month on a firmer footing as traders awaited a spate of…

On Monday, Credit Suisse (CSGN.S) said that 61 billion Swiss francs ($68 billion) departed the bank in the first quarter,…

OPEC’s proportion of India’s oil imports declined rapidly in 2022/23 to the lowest in at least 22 years as cheaper…

Despite first-half volatility, the central bank governor stated Monday that Thailand’s economy would rise 3.6% this year. Bank of Thailand…

Rate rises, and global economic uncertainties lower oil prices. Oil prices dipped on Monday as worries about increasing interest rates,…

On a Sunday, the Financial Times reported that the U.S. ordered South Korea to advise its chipmakers not to fill…

On Monday, Ukrainian Foreign Minister Dmytro Kuleba might express Kyiv’s anger with EU foreign ministers over the delay in buying…

In the latest cash-making fad, crowds of individuals have been meandering seemingly aimlessly around the forecourt of a museum in…

How Big Data Can Revolutionize Your Business Learn how to use social media analytics to conduct market research and gain…

The Impact of Social Responsibility on Business Success Explore the role of social responsibility in business success, and how it…

Why Putting Your Customers First is Key to Business Success Learn why customer experience is crucial for business success, and…

The Power of Feedback: How to Conduct Customer Surveys That Make an Impact Tips for creating and executing effective customer…

THE FUTURE OF SUSTAINABLE INVESTING Do you want to invest in cryptocurrency and fight global warming at the same time?…

THE FUTURE OF THE GIG ECONOMY IN 2023 Are you looking for the future of work? Look no further than…

THE ROLE OF ARTIFICIAL INTELLIGENCE IN THE ECONOMY IN 2023 Artificial intelligence (AI) has swiftly altered the global economy by…

THE FUTURE OF TRADE IN THE GLOBAL ECONOMY IN 2023 Emerging markets, technology improvements, and environmental concerns create new trade…

THE BENEFITS OF GREEN INVESTING  Invest in a better tomorrow with green investing! Discover the benefits of sustainable investments for…

In what appears to be the first trial involving Tesla’s Autopilot feature, jurors told Reuters that the electric-vehicle maker clearly…

The business informed Reuters that Ukraine would use Palantir Technologies Inc (PLTR.N) software to pursue Russia’s alleged war crimes. Palantir,…

According to internal staff communications, Deloitte will reduce 1,200 U.S. employees or 1.5%. The newspaper reported that the auditing firm’s…

Latvia’s Foreign Ministry announced Saturday that the U.N.’s World Food Programme is shipping the first Russian fertilizer seized last year…

On Saturday, data indicated that Tesla’s market share in California dropped in the first quarter despite significant price cuts as…

Acquisition talks have reportedly taken place between Swiss institution Zuercher Kantonalbank and GAM Holding AG (GAMH.S), according to sources familiar…

According to a document, Paramount Global (PARA.O) settled a 2019 Viacom Inc.-CBS Corp. merger issue. According to a Friday SEC…

According to Bloomberg News, Bed Bath & Beyond Inc. (BBBY.O) may sell assets and intellectual property to file for bankruptcy…

CEO believes Ford must rebrand for China as EVs rise. Chief Executive Jim Farley said Ford Motor Co. (F.N.) must…

PM criticizes EU response as Poland gives farmers $2.4 billion. After the government authorized 10 billion zlotys ($2.4 billion) in…

On Friday, two sources told Reuters that an Indian court dismissed Xiaomi Corp.’s (1810. HK) lawsuit against the seizure of…

Royal Mail’s main union accepted a salary and employment terms agreement with the UK postal services firm last Friday and…

Aviva (AV.L) and Phoenix Group left the Confederation of British Industry on Friday after news about worker rape accusations worsened…

Chile will nationalize its massive lithium sector. On Thursday, Chilean President Gabriel Boric announced he would nationalize the world’s second-largest…

On Friday, Kyodo reported that Japanese government sources were discussing a near-total ban on exports to Russia by the Group…

The Swiss banking regulator was sued by Credit Suisse (CSGN.S) investors who held more than 4.5 billion Swiss francs ($5…

Bloomberg News reported on Friday that Carlyle Group Inc. (CG.O) might seek new investors for its stake in McDonald’s Corp.’s…

Rakuten Bank Ltd. (5838.T), Japan’s largest online lender, had its share price rise as much as 40% in its market…

One of the largest investors in the world, Norway’s national wealth fund, announced on Friday that it would back a…

Glencore (GLEN.L) announced lower first-quarter copper, zinc, and nickel production on Friday but said its trading segment would exceed yearly…

Gold prices fell on Friday as the dollar strengthened and dismal U.S. economic data bolstered predictions that the Fed will…

On Thursday, the California attorney general and 17 other states requested a federal regulator to recall Hyundai and Kia automobiles…

SAP (SAPG.DE) reported strong first-quarter revenue growth and cut its guidance on Friday owing to the divestiture of Qualtrics. SAP…

On Thursday, a stronger dollar and rate rise expectations overcame decreased U.S. crude stocks, sending oil prices to their lowest…

European Union antitrust inspectors investigated Gucci’s Milan headquarters this week as part of a multi-country inquiry into Europe’s luxury goods…

Tesla Inc. (TSLA.O), slashing prices to boost sales, will only benefit from a recent commodity price drop in the year’s…

On Thursday, Stellantis stated it was testing 28 engine types utilizing synthetic e-fuels from renewable energy to decarbonize its European…

On Thursday, Thailand’s Board of Investment announced that Changan Auto (000625. SZ) would invest $285 million in a factory to…

On Thursday, Malaysia voiced disappointment over a European Union policy banning deforestation-linked imports, fearing damage to its palm oil exports.…

On Thursday, non-adjusted figures revealed that Germany and Italy led the eurozone to a trade surplus from a deficit a…

On Thursday, Britain’s financial watchdog said it would use new, stricter consumer protection powers from July 31 to ensure banks…

Due to the “scarring effect” of COVID-19, Chinese consumer demand requires time to recover, but there is no long-term deflation,…

Tesla Inc (TSLA.O) CEO Elon Musk said the electric vehicle (EV) maker would prioritize sales growth over profit in a…

The industry ministry announced Thursday that the South Korean government and top battery businesses will invest 20 trillion won ($15.1…

In the world’s largest auto market, automakers competed to attract drivers with amenities like crystal balls, in-car karaoke systems, and…

On Thursday, U.S. Trade Representative Katherine Tai said Indo-Pacific Economic Framework (IPEF) trade negotiations are going “at a very quick…

Pepco Group (PCOP.WA), a European discount retailer, established 166 new locations and saw first-half revenue rise 22.8%. The Warsaw-listed group…

On Thursday, Swiss elevator and escalator manufacturer Schindler (SCHP.S) announced a 47% increase in first-quarter profit, driven by robust residential…

In an interview with the Irish Times, Dutch central banker Klaas Knot said he is “not uncomfortable” with market predictions…

On Thursday, Chinese online users accused German automaker BMW (BMWG.DE) of discrimination at the Shanghai auto show after workers at…

On Wednesday, Airbus told shareholders that European states need to “get their act together” on strategic autonomy and offered to…

On Wednesday, Toyota Motor Corp (7203.T) announced it would invest 1.7 billion reais ($337.68 million) to build a hybrid, flex-fuel…

On Wednesday, at London’s High Court, German discount supermarket Lidl won a trademark dispute against Britain’s largest retailer, Tesco (TSCO.L).…

On Wednesday, Italian tax authorities investigated Gucci’s Milan headquarters as part of a European Union inquiry investigating suspected business practice…

Pontegadea, Amancio Ortega’s private corporation, bought a central London BBC property for 82 million pounds ($102 million) on Wednesday. Last…

On Wednesday, Baker Hughes Co. (BKR.O) exceeded first-quarter profit projections due to increasing demand from oil and natural gas producers,…

According to the Wall Street Journal, Taiwan Semiconductor Manufacturing Co Ltd (2330. TW) is seeking up to $15 billion from…

BYD’s Seagull draws Shanghai car show crowds. The Shanghai car show’s greatest crowds surround BYD (002594. SZ)’s a bright yellow…

Despite some customer caution, ASML Holding NV (ASML.AS) surpassed first-quarter earnings projections on Wednesday because of persistently high demand for…

Suncor Energy (SU.TO) released 5,900 cubic meters (208,400 cubic feet) of water with twice the permitted suspended particles from a…

JSW Steel (JSTL.NS) will sell specialized steel products to Russia this year; a senior company official told Reuters on Wednesday.…

On Wednesday, Mercedes-Benz (MBGn.DE) announced that its Russian assets had been approved for buyback, bringing its exit from Russia one…

Sumitomo Mitsui Financial Group (SMFG) (8316.T) priced $1.04 billion of additional tier-1 (AT1) debt on Wednesday, becoming the first big…

BluSmart, an Indian ride-hailing startup, is betting on an all-electric taxi fleet to take market share from Uber and Ola.…

UK inflation drives London market declines. On Wednesday, consumer prices fell less than expected, ending an eight-day surge in Britain’s…

As the dollar and bond rates fell on Tuesday, gold prices rose above $2,000 as investors considered whether the U.S.…

Bank of America Corp.’s (BAC.N) first-quarter profit rose as customers’ interest payments increased while the Federal Reserve raised borrowing costs.…

On Tuesday, British American Tobacco (BATS.L) and Amazon (AMZN.O) were accused of fraudulent advertising for the Glo Hyper X2 tobacco…

On Tuesday, Britain’s competition authority announced a “Phase 1” investigation into Amazon.com Inc.’s (AMZN.O) $1.7 billion acquisition of Roomba maker…

TotalEnergies’ (TTEF.PA) variable cost margin for European refineries rose to $87.8 per tonne in the first quarter, according to a…

Nissan launches EV for China to compete in the top auto market. On Tuesday, Nissan Motor (7201.T) presented a new…

On Tuesday, British energy market regulator Ofgem announced a tighter code of practice with energy suppliers for forced prepayment meter…

Four sources claimed state-owned China Mobile Ltd (0941. HK) is considering a buyout of Hong Kong’s biggest telecoms business, HKBN…

The Polish agricultural minister told public radio station PR1 that Poland and Ukraine would resume talks early on Tuesday to…

China’s auto market, the world’s largest, is moving toward electric vehicles, leaving global names behind. Auto executives will return to…

About 200 Apple (AAPL.O) fans lined up early Tuesday outside the tech giant’s first retail store in India in Mumbai.…

Scania and Northvolt introduced a truck-lifetime electric battery on Tuesday. Swedish companies said the lithium-ion battery under test could power…

On Monday, Eli Lilly and Co. (LLY.N) announced it would invest $1.6 billion at its two new Indiana manufacturing sites…

New battery sourcing restrictions would deny Volkswagen, BMW, Nissan, Rivian, Hyundai, and Volvo electric vehicles a $7,500 tax credit, the…

VinFast, a Vietnamese electric vehicle producer, shipped a second batch of 1,879 longer-range VF 8 SUVs on Monday to expand…

Swiss government awards $9.7 mn Credit Suisse-UBS merger deal. On Monday, state procurement site Simap.ch announced that Alvarez & Marsal…

According to sources, Apple (AAPL.O) CEO Tim Cook will meet India’s Prime Minister Narendra Modi and deputy IT minister this…

On Monday, European markets reached their highest level in almost a year as U.S. earnings season begins, and Chinese data…

On Monday, Porsche AG (P911_p.DE) reported record first-quarter sales of 18%, driven by China sales. The German luxury carmaker supplied…

The European Commission has extended for five years rules allowing the auto sector to make agreements with distributors, spare part…

PM Anwar Ibrahim to review the Goldman Sachs settlement deal. On Monday, Bernama reported that the Malaysian government is reviewing…

According to online posts and workers, Tesla (TSLA.O) Shanghai manufacturing workers are using social media to appeal to Elon Musk…

After the IT services exporter’s disappointing revenue guidance, Infosys Ltd (INFY.NS) shares fell over 15% on Monday, dragging peers’ equities.…

Indonesia’s investment minister stated Volkswagen would establish an electric vehicle (E.V.) battery ecosystem alongside Vale, Ford, and Zhejiang Huayou Cobalt.…

On Saturday, Angry Birds developer Rovio Entertainment (ROVIO.HE) said it is negotiating with Sega Sammy Holdings Inc (6460.T) about a…

On Friday, International Monetary Fund director Kristalina Georgieva said debtors and creditors made “tangible progress” on debt restructuring difficulties this…

After last month’s turmoil in U.S. government bonds, SEC chief Gary Gensler said hedge funds and other areas of the…

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Bank titans in the US ride rate hikes and avoid storms. In the first quarter, U.S. banking giants profited from…

On Friday, top Russian diplomat Mikhail Ulyanov gave the West until May 18 to remove “obstacles” to the Black Sea…

On Friday, BlackRock Inc. (BLK.N) posted a quarterly profit that topped analysts’ projections as investors continued pouring money into its…

The West’s energy watchdog said Friday that European Union and G7 limitations on Russian oil exports caused Asian refiners to…

A senior source said Canada is ready to supply vital minerals to its allies, including Japan since the Group of…

According to a Friday economy ministry assessment, Germany will narrowly avoid recession and increase in the first quarter. “A technical…

Boeing is determining how many planes Spirit alerted on Wednesday. 2019 may return. Boeing declined to say if the issue…

On Friday, struggling British apparel firm Superdry (SDRY.L) contemplated a 20% stock raising sponsored by founder and CEO Julian Dunkerton.…

On Friday, Indian carmaker Tata Motors (TAMO.NS) announced a second price rise this year due to rising input costs and…

On Friday, British recruitment giant Hays Plc (HAYS.L) reported good client and candidate activity in its temporary and contracting business…

Bodhi Tree, a joint venture between James Murdoch and a former Star India executive, would invest 43.06 billion rupees ($527.84…

Gold gains 2nd week on weak dollar, Fed pause prospects. Gold prices rose for a second week on Friday as…

Singapore Tesla Model 3 and Model Y prices drop. According to its website, Tesla Inc (TSLA.O) dropped Model 3 and…

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On Thursday, International Monetary Fund Managing Director Kristalina Georgieva urged policymakers against a new Cold War as they increase attempts…

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Ukraine’s state-owned gas firm Naftogaz announced on Thursday that Moscow had been ordered by an arbitration court in The Hague…

On Thursday, Julius Baer (BAER.S), a Zurich-based private bank, named Chin Lit Yee its new South East Asia chief. The…

A securities report on Wednesday showed that Chevron Corp (CVX.N) CEO Michael Wirth was paid $23.6 million in 2022, up…

Despite a grim global economic outlook, Chinese customs statistics revealed Thursday that exports to Russia more than quadrupled in March,…

On Thursday, the CEO of Britain’s largest retailer Tesco (TSCO.L) said shoppers would continue to prioritize value in 2023 as…