Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from price hikes and an advertising blitz, mainly in
July 23, 2024
Japan Airlines has ordered 20 Airbus A350-900 and 11 A321neo planes, Airbus's planemaking chief Christian Scherer said at the Farnborough Airshow on Tuesday.
July 23, 2024
India's Hindustan Unilever (HUL) posted a higher first-quarter profit on Tuesday as price cuts boosted volumes, while a revival of the company's key home care business indicated a
July 23, 2024
China's top economic planner said on Tuesday it will support high-quality companies to borrow medium- and long-term foreign debt, to support the development of the real economy,
July 23, 2024
United Parcel Service lowered its 2024 operating margin target on Tuesday, after new e-commerce customers - identified by industry
July 23, 2024
Virgin Atlantic has ordered a further seven Airbus A330-900 planes, the airline said at the Farnborough Airshow on Tuesday.
July 23, 2024
Novo Nordisk, the maker of weight-loss drug Wegovy, earlier this month bought a 200-acre site in Denmark's third largest city Odense and will begin
July 23, 2024
Robert Bosch has agreed to acquire Johnson Controls' and Hitachi's residential ventilation businesses for $8 billion, it said on Tuesday, in what will be
July 23, 2024
Toyota Motor said on Tuesday it would launch an 807 billion yen ($5.16 billion) tender offer for its own shares.
July 23, 2024
Insurer Beazley said on Tuesday it had no plans to alter its guidance in the wake of Friday's global IT glitch, which crashed an estimated 8.5 million Windows-operated devices,
July 23, 2024
South Korean prosecutors have arrested the founder of the country’s tech giant Kakao Corp. on suspicion of stock price rigging during his company’s takeover of a major K-pop agency last year
July 23, 2024
Computer mouse maker Logitech International raised its full-year sales and profit outlook on Tuesday, after a strong performance across nearly all product categories
July 23, 2024
Global stocks edged lower after paring early gains while U.S. bond yields dropped on Tuesday as markets awaited economic data and a plethora of corporate earnings,
July 23, 2024
The maker of Robitussin settled a consumer lawsuit that claimed its "non-drowsy" cough and flu medicine causes drowsiness, agreeing to pay $4.5 million and
July 22, 2024
Global business travel spending in 2023 recovered to pre-pandemic levels in North America, Latin America, the Middle East and Africa as companies resumed in-
July 22, 2024
Europe's largest software maker SAP reported a 25% jump in its cloud business and beat analysts' estimates for total revenue for the second quarter on Monday.
July 22, 2024
Japan Airlines has ordered 10 Boeing 787-9 aircraft and agreed options for 10 more, the two companies said at a joint media briefing at the Farnborough Airshow on
July 22, 2024
Goodyear Tire & Rubber will sell its Off-the-Road equipment tire business to Japan's Yokohama Rubber for $905 million in cash, it said on Monday, as part of a drive to streamline its
July 22, 2024
Boeing is set to announce on Monday an order for roughly 20 777X jets from Korean Air, in a boost to the U.S. planemaker’s long-delayed plane programme, two sources
July 22, 2024
Britain's Vodafone said it sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), bringing its ownership in a group which controls European mobile phone
July 22, 2024
Aviation leaders will meet at a marque summit outside London on Monday as the industry struggles with supply chain disruptions, aircraft delays and floundering plans
July 21, 2024
U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election.
July 21, 2024
U.S.-based private equity firm Stonepeak said it would buy New Zealand's Arvida Group for NZ$1.24 billion ($745.74 million) excluding debt, sending the aged care provider's shares up nearly
July 21, 2024
There are some signs of a decline in airline yields but this is not yet affecting demand for new aircraft, Airbus's planemaking chief Christian Scherer said on Sunday.
July 21, 2024
Costs from the global outage could top $1 billion – but who pays the bill is harder to understand
July 21, 2024
Varta stock plunged as much as 80% to a record low on Monday after the German battery maker said restructuring options to avert insolvency,
July 21, 2024
Boeing is seeing a significant improvement in production flow at its 737 MAX factory, its new commercial planes chief said on Sunday, as the U.S. planemaker battles to overcome a
July 21, 2024
China released a policy document on Sunday, outlining known ambitions, from developing advanced industries to improving the business environment, with analysts spotting no sign of
July 21, 2024
Transport providers, businesses and governments are rushing to get all their systems back online after long disruptions following a widespread technology outage
July 20, 2024
Japan's biggest steelmaker, Nippon Steel Corp., has hired former U.S. Secretary of State Mike Pompeo to help with its effort to acquire U.S.
July 20, 2024
Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed.
July 20, 2024
The U.S.
July 19, 2024
Walt Disney said on Friday that Oracle chief executive Safra Catz is departing the entertainment company's board after six years.
July 19, 2024
Brazilian planemaker Embraer is gearing up for a "very strong" second half after meeting its expectations for deliveries in the first half of
July 19, 2024
The U.S.
July 19, 2024
PVR Inox, India's largest multiplex operator, reported a first-quarter loss that more than doubled on Friday due to fewer big-budget Bollywood releases and weak box office
July 19, 2024
Reliance Industries, India's most valuable company, reported first-quarter profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
July 19, 2024
Colombia's Ecopetrol is in talks with U.S. oil producer Occidental Petroleum to possibly buy a 30% stake in shale oil producer CrownRock, in a transaction potentially worth $3.6
July 19, 2024
A U.S. court ruled that Booking.com violated the Computer Fraud and Abuse Act by accessing part of Ryanair's website without permission, court documents showed.
July 19, 2024
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of
July 19, 2024
CrowdStrike CEO George Kurtz apologized for a global tech failure that disrupted multiple industries on Friday, vowing to work with all of its customers as they work to get
July 19, 2024
Several U.S. mid-sized and regional banks reported a fall in their second-quarter profit, as income from charging customers interest was squeezed by higher deposit costs and
July 19, 2024
China will step up support for its program of equipment upgrades and consumer goods trade-ins, state media reported on Friday, citing a cabinet meeting.
July 19, 2024
Burberry's new boss Joshua Schulman faces an immediate strategy dilemma.
July 19, 2024
U.S. stocks extended their slump on Friday as lingering chaos related to a global technical outage caused by a software glitch added uncertainty to an already-
July 19, 2024
Airbus has won European certification for the latest addition to its single-aisle family of jets, the long-distance A321XLR, a spokesperson said on Friday.
July 19, 2024
A Thai investigation into discounts from China's BYD will continue despite a cash-back programme from its distributor in response to
July 19, 2024
Britain's competition regulator said on Friday it has cleared Nationwide Building Society's proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money UK.
July 19, 2024
DOJ says ‘substantial progress’ made toward final plea agreement with Boeing but needs more time
July 19, 2024
Samsung Electronics and representatives of its biggest workers' union in South Korea that has been on a strike since early last week have agreed to resume negotiations on Friday, the
July 19, 2024
Fandango founder identified as man who fell to death from New York City hotel
July 18, 2024
A federal judge on Thursday refused to halt New York City's crackdown on unlicensed sellers of cannabis, citing public safety concerns. U.S.
July 18, 2024
Healthcare provider Ardent Health's shares opened 6% below their initial public offering price in their NYSE debut on Thursday, reflecting new investor caution with new listings amid rate
July 18, 2024
SunPower shares plummeted nearly 20% on Thursday after the solar company informed clients that it is pausing some operations, including deactivating lease and power
July 18, 2024
Abbott Laboratories will use a mix of TV advertisements and guerilla marketing as well as seek to personalize health data to tap people without diabetes for
July 18, 2024
Insurance broker TWFG's shares gained nearly 30% in their Nasdaq debut on Thursday, signaling strong investor demand for new stocks as the U.S. initial public offering market aims for a
July 18, 2024
Private equity firm Clayton, Dubilier & Rice is exploring options including the sale of a stake in Epicor Software, which counts Formula
July 18, 2024
Ford Motor on Thursday outlined plans to use a Canadian plant it had earmarked for a future electric vehicle to instead build larger, gasoline-
July 18, 2024
Domino's Pizza forecast sequentially slower third-quarter comparable sales on Thursday and trimmed its target for new international store openings, sending its shares
July 18, 2024
Angel City FC set to become world’s most valuable pro women’s sports team following new investment
July 18, 2024
U.S. stocks tumbled on Thursday, reversing early gains as investors continued to rotate away from high-priced megacap growth stocks and second-quarter earnings
July 18, 2024
European shares ended lower on Thursday as a continued selloff of chip stocks kept a lid on gains brought on by some positive
July 18, 2024
Swiss drugmaker Novartis raised its 2024 earnings guidance for the second time on Thursday, driven by a gain in prescriptions for drugs including heart failure
July 18, 2024
Insurance broker TWFG, backed by U.S. reinsurer RenaissanceRe, said on Wednesday it priced its initial public offering (IPO) above its indicated range, seeking to raise up to $187 million.
July 17, 2024
Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-
July 17, 2024
Discover Financial Services on Wednesday reported a 70% rise in second-quarter profit, as a high-rate environment helped the U.S. credit issuer earn more in interest income.
July 17, 2024
Darden Restaurants, owner of the Olive Garden chain, has agreed to buy full-service restaurant operator Chuy's Holdings in an all-cash deal which has an enterprise value of $605 million,
July 17, 2024
The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains says it's buying the Tex-Mex chain Chuy’s as it seeks to expand its dining options
July 17, 2024
Farm equipment maker John Deere says it will no longer sponsor “social or cultural awareness” events, making the agricultural machinery manufacturer one of the latest U.S. companies to distance itself from diversity and inclusion measures after being targeted by conservative backlash
July 17, 2024
Apax Partners, Bain Capital and CVC are each exploring potential bids for SoftwareOne, two people with knowledge of the situation said, three months
July 17, 2024
Angel City FC says Walt Disney Company CEO Bob Iger and Southern California dean for communication and journalism Willow Bay will be the new controlling owners of the National Women’s Soccer League team
July 17, 2024
U.S. lenders' second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a flurry of bond sales boosted their investment
July 17, 2024
Angel City is set to become the world's most valuable professional women's sports team after finalising a landmark new ownership agreement with Walt Disney CEO Bob Iger and his wife Willow
July 17, 2024
Streetwear brand Supreme is getting a surprising new owner
July 17, 2024
-Discover Financial Services will sell a portfolio of student loans to buyout giants Carlyle and KKR for up to $10.8 billion, the credit card-focused lender said on Wednesday.
July 17, 2024
The iconic Mirage in Las Vegas is closing today after 34 years
July 17, 2024
Australia's Domino's Pizza Enterprises said on Wednesday it expects store growth to be flat to slightly positive in its current fiscal year, and decided to close up to 80 low-
July 17, 2024
Honda Motor has priced shares in a secondary share sale at 1,664.5 yen each, or a 3% discount to Wednesday's closing price, valuing the deal at 497 billion yen ($3.16 billion), the
July 17, 2024
Spain's Criteria, the investment arm of the La Caixa foundation, is considering teaming up with Czech train maker Skoda in its bid for Talgo, Cinco Dias newspaper reported on
July 17, 2024
EssilorLuxottica has agreed to buy streetwear brand Supreme from VF Corporation for $1.5 billion, the companies said on Wednesday, marking the first acquisition of an
July 17, 2024
When Georges Elhedery took a six-month break from HSBC in 2022, some feared he had called time on a 17-year stint at the Asia-focused lender.
July 17, 2024
Indian education technology company Byju's will challenge insolvency proceedings initiated against it in an attempt to block the process this week, as the startup
July 17, 2024
The Mirage's signature volcano has erupted for the last time
July 17, 2024
Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to
July 17, 2024
HSBC Holdings Plc has appointed its Chief Financial Officer Georges Elhedery as its next CEO, the bank said on Wednesday, opting for continuity as it tries to
July 17, 2024
The Thai industrial sentiment index fell for a third straight month to its lowest in two years in June due to a slow economy, weak demand and bad debt problems, the Federation of
July 17, 2024
Global equity indexes mostly fell on Wednesday as possible U.S. trade curbs on chip equipment pulled tech stocks lower, while Treasury yields and the dollar both hit
July 17, 2024
Elon Musk says he’s moving SpaceX and X out of California
July 16, 2024
The U.S.
July 16, 2024
Tyson Foods heir and executive John R
July 16, 2024
Billionaire Elon Musk says he’s moving the headquarters of SpaceX and social media company X to Texas from California
July 16, 2024
A U.S. judge rejected Build-A-Bear Workshop's effort to dismiss a lawsuit claiming that its Skoosherz plush toys were unauthorized knockoffs of Squishmallows,
July 16, 2024
Canada's TC Energy said on Tuesday a free trade arbitration tribunal had tossed out its claim to recover more than $15 billion from the U.S. government for the cancellation of its Keystone
July 16, 2024
Elon Musk is going all-in on Donald Trump
July 16, 2024
German sportswear maker Adidas is increasing its full-year earnings guidance after a better than expected second quarter, it said on Tuesday, in its second upgrade this year.
July 16, 2024
U.S. business inventories increased slightly more than expected in May amid solid rises in stocks at wholesalers and retailers, a trend that could see inventory investment
July 16, 2024
Charles Schwab's second-quarter profit fell 2% as the brokerage paid out more interest on client deposits and its own borrowings, sending its shares down 7.1% on Tuesday.
July 16, 2024
Insurer Progressive Corp posted a more than fourfold jump in its second-quarter profit on Tuesday, driven by strong demand for its personal auto insurance policies, sending its shares up
July 16, 2024
After almost two years of negotiations, a deal to split Russian tech giant Yandex's assets was completed this week, with most revenue-generating businesses staying in
July 16, 2024
SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go public in the
July 16, 2024
Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence,
July 16, 2024
The global aircraft repair industry will see more growth in the next six years as airlines keep flying their jets longer because of a shortage of new planes,
July 16, 2024
Spanish train maker Talgo said on Tuesday it received a merger offer from Czech rival Skoda four months after Hungarian consortium Ganz-Mavag launched a public tender offer for all
July 16, 2024
For much of its 72 years, Hitoshi Fujita's company was just another mom-and-pop business grinding out metal parts.
July 16, 2024
Construction and engineering firms are bearing the brunt of Britain's shortage of workers, according to a survey that underscores the challenge for Prime Minister Keir Starmer to
July 15, 2024
Macy’s rejected a takeover offer and is betting on itself
July 15, 2024
Berkshire Hathaway's share price set a record high on Monday, reflecting investors' confidence in Warren Buffett's company, which is often regarded as a microcosm of the
July 15, 2024
Aircraft lessor Aviation Capital Group has finalized an order for 35 Boeing 737 MAX jets, the companies said on Monday.
July 15, 2024
Macy’s is cutting off buyout talks with Arkhouse and Brigade, citing the lack of certain financing
July 15, 2024
Macy's scrapped talks with an investor group comprising Arkhouse Management and Brigade Capital that had offered to acquire the
July 15, 2024
Concentra Group, a Select Medical unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining a growing list of firms testing the market after a near two-year
July 15, 2024
The French competition authority confirmed on Monday that an investigation is underway into chipmaker Nvidia over alleged anti-competitive practices.
July 15, 2024
SolarEdge Technologies said on Monday it would lay off 400 employees, of which 200 are in Israel, as it works to restore profitability and ensure financial stability.
July 15, 2024
A deal to split the assets of Russian technology company Yandex was finalised on Monday, with a Russian consortium of investors buying the bulk of Yandex's businesses in
July 15, 2024
French IT company Atos said on Monday it had secured funding of 1.675 billion euros ($1.82 billion) to restructure its debt through a lock-up agreement with a group of banks and bondholders
July 15, 2024
British luxury group Burberry on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a "more familiar" look and presses
July 15, 2024
China's new home prices in June fell at the fastest clip in nine years while property sales and investment slumped, increasing pressure on policymakers
July 15, 2024
Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 30% rise in second-quarter profit on
July 14, 2024
Australia's Star Entertainment Group said on Monday its systems have been disrupted by performance issues, resulting in the shutdown of all electronic gaming machines and electronic table
July 14, 2024
Secrets of a syrup maker: At 95, Roland Jorns still running Door County maple syrup shop
July 14, 2024
A wedding reception in India completes the monthslong celebrations as the youngest son of Mukesh Ambani, Asia’s richest man, married his longtime girlfriend
July 14, 2024
Boeing has started certification flight testing of its long-delayed 777-9 with U.S. aviation regulators onboard, the U.S. planemaker said in an
July 13, 2024
The youngest son of Mukesh Ambani, Asia’s richest man, has married his longtime girlfriend in what many have dubbed the wedding of the year
July 13, 2024
Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast
July 13, 2024
Alexis Ohanian said his wager on Angel City FC is paying off amid reports that Disney CEO Bob Iger and his wife Willow Bay are close to purchasing control of
July 12, 2024
A U.S. trade regulator on Friday announced a suite of actions taking aim at "unfair and deceptive practices" it said are illegally imposed on U.S. franchisees by their
July 12, 2024
Chicago coffee shop aims to keep DNC attendees well caffeinated
July 12, 2024
U.S. grains merchant Bunge and Glencore-backed Viterra have offered to sell assets in two European Union countries in a bid to secure EU antitrust clearance for their $34 billion
July 12, 2024
Grocery store chain Stop & Shop says it will close 32 underperforming grocery stores across the Northeast by the end of this year
July 12, 2024
Three U.S. Senators are calling for action against a new practice big technology companies are using to swallow up the talent and products of innovative AI startups without formally acquiring them
July 12, 2024
German media giant Axel Springer, which owns Germany's popular Bild tabloid and political news company Politico, is considering a split of the company together with private equity
July 12, 2024
Institutional Shareholder Services (ISS) said on Thursday Enhabit shareholders should elect three AREX Capital Management director candidates to the nine-member board
July 12, 2024
Top U.S. independent oil producer ConocoPhillips said on Friday it received a second request from the U.S.
July 12, 2024
U.S. grains merchant Bunge and Glencore-backed Viterra have offered to divest assets in two EU countries aimed at winning EU antitrust approval for their $34
July 12, 2024
U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can
July 12, 2024
Wall Street closed higher on Friday, with the S&P 500 and Dow Jones Industrial Average hitting intraday record highs, on bets that the U.S.
July 12, 2024
The wedding of a scion from India's ultra-wealthy Ambani family - much in the news for its opulent celebrations and VIP-studded guest list - has
July 12, 2024
Taiwan President Lai Ching-te thanked memory chipmaker Micron's Chief Executive Sanjay Mehrotra on Friday for his trust and continued investment in the island, in a rare public
July 12, 2024
Australia's competition watchdog has started an informal review of the network sharing deal between TPG Telecom and Optus, owned by Singapore Telecommunications, the regulator said on
July 12, 2024
Pressure on Joe Biden to step out of the U.S. presidential election race, mounting expectations of a September Fed rate cut, Q2 earnings, an ECB meeting and Britain's king unveiling
July 12, 2024
Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price $5,000 lower than the all-wheel drive version, according to the electric vehicle
July 12, 2024
Boeing has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 might face additional delays of three to six months, Bloomberg News reported on
July 12, 2024
A large metal arm in a Japanese factory swept a cluster of fluffy white fabric rectangles off a carousel into a group to be wrapped in plastic before packaging for
July 12, 2024
How did the auto dealer outage end? CDK almost certainly paid a $25 million ransom
July 11, 2024
Estee Lauder said on Thursday that Tracey Travis would be stepping down and retiring from her 12-year role as the MAC lipstick maker's finance chief, effective June 30, 2025.
July 11, 2024
The U.S. Department of Labor says Dollar General has agreed to pay a $12 million fine and improve conditions at its thousands of retail stores nationwide to make them safer for workers
July 11, 2024
Discount store operator Dollar General has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers
July 11, 2024
Boeing is nearing a potential sale of some two dozen 777X jets to Korean Air in a roughly $4 billion to $6 billion deal that could be finalised as early as July's Farnborough Airshow,
July 11, 2024
Oil producers Chevron Corp and Hess Corp expect the U.S.
July 11, 2024
Tractor Supply warned climate change and a lack of diversity would hurt business. Now it’s ignoring those risks
July 11, 2024
PepsiCo CEO Ramon Laguarta said Thursday there is "much more price sensitivity" across U.S. income groups and not just low-income
July 11, 2024
Cuba is tightening regulations on fledgling private businesses, reining in profits and beefing up oversight as the government wrestles with how best to manage fast-growing private
July 11, 2024
Several high-profile energy traders have in recent weeks quit oil majors for trading houses, multiple sources told Reuters on Thursday, as
July 11, 2024
The biggest U.S. bank wants to get even bigger.
July 11, 2024
PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from private-label brands slowed
July 11, 2024
French sports retailer Decathlon is shopping for specialist brands to expand its business, capitalising on a post-pandemic shakeout in the industry that has made
July 11, 2024
Costco Wholesale said on Wednesday it would hike annual membership fees for the first time in seven years for its U.S. and Canada customers, effective Sept. 1.
July 10, 2024
The founder of Archegos Capital Management has been convicted of securities fraud in a scheme that prosecutors said cost global investment banks billions of dollars
July 10, 2024
Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response
July 10, 2024
The former CEO of healthcare software company SCWorx Corp was found guilty of investor fraud for falsely stating the company was becoming a major supplier of
July 10, 2024
Michelin-starred $230 omakase dining experience canceled at iconic 'Flintstone House'
July 10, 2024
Amazon.com announced a series of largely incremental refinements on Wednesday to several of its artificial intelligence products as it seeks to keep rivals at bay amid a
July 10, 2024
Target will stop accepting this old school form of payment
July 10, 2024
Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce
July 10, 2024
By Max A.
July 10, 2024
Manufacturers are deploying planned Generative AI initiatives at a slower-than-anticipated pace on concerns around accuracy, Lucidworks said in a study on Wednesday.
July 10, 2024
Russian traders have finalised a share exchange for investors in Yandex, often dubbed Russia's Google, one of the final steps needed to complete a more than $5 billion deal that will see
July 10, 2024
The Nasdaq and S&P 500 hit record highs on Wednesday fueled by gains in Nvidia and other Wall Street heavyweights ahead of inflation data and
July 10, 2024
China’s Commerce Ministry has announced it will launch an investigation into whether unfair trade practices were adopted by the European Union in its probe of Chinese companies
July 10, 2024
Alstom has signed a framework deal worth up to 2.8 billion euros ($3.0 billion) to deliver 374 new metro trains and rail technology for Hamburger Hochbahn in Germany, the
July 10, 2024
Danish drugmaker Novo Nordisk has signed a deal with Indonesia's state-owned pharmaceutical company Bio Farma to package insulin to combat diabetes in the Southeast Asian country, a
July 10, 2024
Volkswagen shares slipped on Wednesday after an overnight profit warning triggered in part by the possible closure of an Audi plant and a 3.8% drop in second
July 10, 2024
Japan's Yokohama Rubber is in talks to buy Goodyear Tire & Rubber's off-road tyre business for at least $1 billion, Bloomberg reported on Wednesday.
July 10, 2024
When California’s minimum wage increase went into effect in April, fast food workers across the state went from making $16 to $20 overnight
July 10, 2024
Chipotle Mexican Grill said on Tuesday that Jack Hartung, its long time veteran, would be stepping down and retiring from his role as finance chief of the company effective March 31.
July 09, 2024
City official 'shaken' by 76 gas station robbery, owner calls on police to 'do their job'
July 09, 2024
Ford Motor is receiving a reduced incentive
July 09, 2024
Volkswagen on Tuesday warned it may close the Brussels site
July 09, 2024
Boeing sold just three passenger jets in the past month
July 09, 2024
Boeing said on Tuesday it delivered more commercial jets in June than in any other month this year, but the total of 44 planes represented a 27% drop on an annual basis
July 09, 2024
A lawyer for Sen. Bob Menendez at the Democrat's bribery trial has urged jurors to acquit him of every charge, saying prosecutors had failed to prove a single count beyond a reasonable doubt
July 09, 2024
The consolidation of pharmacies and health insurance companies through years of dealmaking has led to a handful of pharmacy benefit managers
July 09, 2024
Vacuum cleaner manufacturer Dyson will cut about 1,000 jobs in Britain, more than a quarter of its workforce in the country, as part of a global restructuring.
July 09, 2024
Anglo American has hired three banks for the sale of its steelmaking coal assets, which analysts value at as much as $5 billion and is part of a broader restructuring to fend off an
July 09, 2024
U.S. small-business confidence increased to a six-month high in June, but inflation worries lingered amid a rise in the share of owners planning to raise compensation for
July 09, 2024
A jury in Manhattan federal court began deliberations on Tuesday in the criminal case against Archegos Capital Management founder Sung Kook "Bill" Hwang, accused by
July 09, 2024
India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million
July 09, 2024
French software company Dassault Systemes cut its full-year earnings target on Tuesday, sending shares lower, as it warned that customers were being cautious with spending and were delaying
July 09, 2024
Australian auto parts retailer Bapcor rejected on Tuesday the A$1.83 billion ($1.23 billion) buyout offer from private equity firm Bain Capital
July 08, 2024
Chinese property developer Guangzhou R&F Properties said on Tuesday its unit Trillion Glory had received a winding-up petition from a Singapore-based private equity fund due to non-
July 08, 2024
British consumer spending contracted in June, hurt by bad weather, according to surveys on Tuesday that added to recent signs of the country's tepid economic growth that the
July 08, 2024
A Delaware judge is considering a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk should be voided
July 08, 2024
LinkedIn billionaire bankrolls voting firm Smartmatic as it fights Fox News in 2020 election defamation case
July 08, 2024
Citigroup will wind up its operations in Haiti due to weak demand from institutional clients and lower international banking activity, ending its presence of more than five decades in the
July 08, 2024
Airbus confirmed on Monday it had delivered 323 airplanes in the first half of the year, up 2% from 316 in the same period of 2023.
July 08, 2024
Masimo said on Monday a potential joint venture partner is prepared to offer $850 million to $950 million for its consumer business, which includes health and audio
July 08, 2024
Bitcoin miner Bitfarms has appointed insider Ben Gagnon as its new chief executive officer to oversee a strategic review and navigate a dispute with its biggest shareholder, Riot Platforms
July 08, 2024
Boeing's U.S.
July 08, 2024
Beijing steps up probe into EU brandy imports as trade tensions deepen after tariffs on Chinese EVs
July 08, 2024
Vista Outdoor on Monday rejected investment firm MNC Capital's final buyout offer of $3.2 billion, citing that it undervalued the company, and said it had agreed to an increased bid for its
July 08, 2024
Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML said
July 08, 2024
The 2021 collapse of Sung Kook "Bill" Hwang's Archegos Capital
July 08, 2024
German insurers expect to see a lower increase in premium income this year, the German Insurance Association (GDV) said on Monday, as the life insurance business struggles with a
July 08, 2024
Samsung Electronics workers began a three-day strike for better pay on Monday, with their union pointing to further action should South Korea's
July 07, 2024
John Deere to lay off roughly 600 employees from three US factories
July 07, 2024
France's business elite is anxious about volatile politics, inexperienced policymakers, street protests and a possible wave of
July 07, 2024
South Korean electric vehicle (EV) battery producer SK On has declared itself in crisis as its customers struggle with disappointing EV sales in Europe and the U.S., the Financial Times
July 07, 2024
Vietnam is targeting gross domestic product (GDP) growth of 6.5%-7.0% in the third quarter, Prime Minister Pham Minh Chinh said on Saturday.
July 06, 2024
The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are
July 06, 2024
Talen Energy has asked U.S. regulators to reject a challenge to its recent Amazon data center deal, which is being opposed by a group of electric utilities that
July 05, 2024
Leading European cognac producers will attend a hearing on China's anti-dumping probe of the industry in Beijing on July 18 - their first chance to defend themselves
July 05, 2024
Hong Kong's Cathay Pacific Airways will buy back the remaining 50% of preference shares that were issued to the Hong Kong SAR Government on July 31, the company said on Friday.
July 05, 2024
Wall Street stock indexes closed firmer on Friday, with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs,
July 05, 2024
Several state-owned firms in China's financial hub of Shanghai have recently purchased Tesla's best-selling Model Y as service cars, a local government statement said on Friday.
July 05, 2024
Thailand's consumer protection agency has received about 70 complaints since initiating a probe into aggressive discounting by BYD
July 05, 2024
Toyota Motor did not find any new cases of wrongdoing in the certification applications of its car models beyond the ones it had already reported last month, the Japanese automaker
July 05, 2024
French technology company Atos said on Friday it had successfully secured short-term financing via two tranches of loans from creditors, adding it still expected to reach a final
July 05, 2024
Australia's federal court has found that PayPal's local unit used an unfair term in its standard contracts with small business customers who overlooked errors in overcharging, the country's
July 05, 2024
Canada's services economy moved back into contraction in June as a decline in new business weighed on the sector's performance even as inflation pressures cooled, S
July 04, 2024
Some foreign companies are considering moving Taiwanese employees out of China after Beijing said it could impose the death penalty on "diehard" Taiwan independence
July 04, 2024
Japanese financial groups including Tokio Marine, Sompo and two MS&AD units will sell Honda Motor shares worth 535 billion yen ($3.3 billion) to unwind cross-shareholdings, a
July 04, 2024
European shares rose on Thursday amid optimism around U.S. interest rate cuts following soft economic data, while London markets gained as
July 04, 2024
Lufthansa will consider raising its stake in Italy's ITA Airways to 90%, starting from early next year, the CEO of the German airline said in an interview published on Thursday.
July 04, 2024
World stocks clocked up more record highs on Thursday after U.S. data narrowed the odds on a September Fed interest rate cut, while Europe was on politics watch again as UK voters
July 04, 2024
Former Boeing inspector alleges ‘scrap’ parts ended up on assembly lines
July 04, 2024
A U.S. judge dismissed turnaround specialist Jay Alix's lawsuit accusing consulting giant McKinsey & Co of misleading bankruptcy courts about conflicts of
July 03, 2024
A federal judge in Texas on Wednesday partially blocked a U.S.
July 03, 2024
Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for small- and medium-sized businesses as it shifts its focus to household robots.
July 03, 2024
Several U.S. regional and mid-sized banks continue to face the squeeze from high exposure to the commercial real estate (CRE) sector that has been roiled by higher-for-longer interest
July 03, 2024
A measure of U.S. services sector activity slumped to a four-year low in June amid a sharp drop in orders, potentially hinting at a loss of momentum in the economy at the end of
July 03, 2024
Semiconductor production equipment maker ASML may continue with an expansion under way at its headquarters in Veldhoven, the Netherlands' Council of State ruled on Wednesday,
July 03, 2024
Corona beer maker Constellation Brands on Wednesday beat Wall Street estimates for first-quarter profit, helped by strong demand for its core beer brands, which offset the sluggish wines
July 03, 2024
Law firms are capitalizing on client uncertainty sparked by a flurry of new U.S.
July 03, 2024
Overall business growth across the euro zone slowed sharply last month as a solid expansion in the bloc's dominant services industry failed to offset a further deterioration in
July 03, 2024
Nippon Steel's vice chairman plans to return to the United States next week again to discuss its proposed acquisition of U.S. Steel, a company spokesperson said on Wednesday.
July 03, 2024
A Hong Kong court gave Chinese property developer Kaisa Group a seven-week respite on Monday to finalise a debt restructuring plan, adjourning a hearing on a
July 03, 2024
German business morale unexpectedly fell in June amid increasing pessimism about the performance of Europe's largest economy, a survey of around 9,000 managers
July 03, 2024
British manufacturing orders contracted in June at a reduced pace compared with a month earlier, despite a sharp drop in export orders, a survey from the Confederation of British Industry
July 03, 2024
Italian energy group Eni expects to complete the sale of a minority stake in its biofuel unit Enilive by the end of 2024, Chief Executive Claudio Descalzi said on Monday.
July 03, 2024
Telecom Italia (TIM) will finalise on July 1 the landmark sale of its fixed-line domestic access network to U.S. fund KKR, a deal that makes it the first phone
July 03, 2024
Shopify made its artificial intelligence-powered tools, including the Sidekick assistant and image-generation feature, available to more users on Monday, in a bid to
July 03, 2024
Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.
July 03, 2024
United Parcel Service, the world's biggest package delivery firm, will sell its Coyote Logistics business unit to RXO for $1.025 billion, the companies said on Sunday.
July 03, 2024
Some of the world's biggest companies, finance houses, cities and regions have joined forces to urge governments to increase their climate
July 03, 2024
Obesity drug-maker Novo Nordisk will spend $4.1 billion to build a U.S. facility to fill injection pens for its hugely popular
July 03, 2024
TWFG disclosed a nearly 27% jump in annual net profit on Monday, as the insurer revealed the paperwork for its initial public offering in the United States. The U.S.
July 03, 2024
The proportion of workers who expect to switch employers in the next 12 months is higher than that from the "Great Resignation" period of 2022, a PwC survey of
July 03, 2024
Toyota sold $2 billion worth of cross shareholdings of listed companies in the year that just ended, the Japanese automaker disclosed in a regulatory filing on Tuesday.
July 03, 2024
Shimao Group has sweetened its offshore debt restructuring terms to garner support from creditors, said three sources, as the Chinese property developer
July 03, 2024
Lab testing firm Eurofins on Tuesday rejected allegations made a day earlier by short seller Muddy Waters which questioned its financial reporting and hit its shares, saying it was
July 03, 2024
Taylor Swift, the cultural juggernaut known for shattering records, said on Wednesday that the documentary film from her billion-dollar Eras concert tour will offer one-day early-access
July 02, 2024
Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale basin and plotted to make his then-$24 billion
July 02, 2024
Donald Trump appeared in New York court on Tuesday for the third week of a civil fraud trial that could dismantle pillars of the former U.S. president's business empire.
July 02, 2024
Bond yields rose on Tuesday and stocks steadied as markets continued to retrace last week's moves to safe-haven assets, focusing on corporate
July 02, 2024
Donald Trump was fined $10,000 on Wednesday after the New York judge overseeing his civil fraud trial said the former U.S. president for a second time
July 02, 2024
Tesla Inc has increased the price for its Model Y high-performance version SUV in China by 14,000 yuan ($1,913.88) from Friday, it said on a social media notice.
July 02, 2024
At Best Thai II in coastal Maine, the phone has been ringing off the hook.
July 02, 2024
The head of self-driving auto technologies firm Mobileye and one of Israel's leading businessmen, Amnon Shashua, on Sunday urged the immediate ouster of Prime Minister Benjamin
July 02, 2024
Global stock indexes advanced on Monday, with U.S. stocks rallying more than 1% after recent sharp declines, while the yen rose to a two-week high against
July 02, 2024
U.S. Senate Majority Leader Charles Schumer on Wednesday urged the U.S.
July 02, 2024
Japan's efforts to regain its position as a leading manufacturer of chips are "impressive", the head of a leading chip research organisation said on Thursday.
July 02, 2024
Some of the world's top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023 sets the stage for a pick-up in activity once uncertainty
July 02, 2024
Boeing must deliver 70 narrowbody 737s and 14 widebody 787 Dreamliners in November and December to meet its target for 2023, setting the U.S. planemaker up
July 02, 2024
Citigroup CEO Jane Fraser announced the next layer of management changes in a sweeping reorganization, according to a memo to staff on Monday.
July 02, 2024
Amazon.com founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, CNBC reported, citing a source.
July 02, 2024
A Brookfield-led consortium's A$16.3 billion ($10.61 billion) bid for Origin Energy is expected to fail after the largest shareholder in
July 02, 2024
Choice Hotels International is preparing to nominate directors to the board of rival Wyndham Hotels & Resorts, seeking to break a stalemate in an $8 billion takeover battle,
July 02, 2024
For years, Hota Industrial Mfg.
July 02, 2024
The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight
July 02, 2024
Apple has informed component suppliers of its preference to source batteries for the forthcoming iPhone 16 from Indian factories, the Financial Times reported on Wednesday.
July 02, 2024
Shortages of new planes, jet engines and pilots have left U.S. airlines with little choice but to pursue growth through acquisitions - which then puts them in
July 02, 2024
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy's private, after stiff competition from online
July 02, 2024
U.S. chipmaker Nvidia's chief executive said on Monday the company will expand its partnership with Vietnam's top tech firms and support the country in training talent for developing
July 02, 2024
Nippon Steel said on Tuesday it can afford to pay $14.9 billion for U.S.
July 02, 2024
Airbus is on course to break aerospace order records in 2023 after a buying spree from European airlines and a brisk month so far in deliveries, industry sources said
July 02, 2024
Italian fashion house Prada has paid $425 million to buy the building on Fifth Avenue in New York which currently hosts its store, the company said on Wednesday.
July 02, 2024
Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened
July 02, 2024
U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup
July 02, 2024
Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too costly, in the latest tug-of-war
July 02, 2024
Global stock indexes fell and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start of
July 02, 2024
CNN's new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, the Wall
July 02, 2024
Bright banners tout the promise of artificial intelligence along the main promenade of Davos, but executives at the World Economic Forum (WEF) say they
July 02, 2024
United Airlines has approached Airbus about buying more A321neo jets to fill a potential void left by the delayed Boeing 737 MAX 10, in a trade-off likely to ease deadlock
July 02, 2024
Activist investor Barington Capital has set its sights on Mattel and is seeking big changes to boost the toymaker's stock, the Wall Street Journal reported on Thursday.
July 02, 2024
Asian shares were buoyed by a late bounce in U.S. tech on Friday as results from Meta and Amazon beat expectations, while investors are bracing for U.S. jobs figures,
July 02, 2024
Japanese shares hit 34-year highs on Friday and strong earnings had the S&P 500 at record close, while oil prices were set for a sharp weekly rise on Israel's
July 02, 2024
Thai Airways International said on Wednesday it has entered into an agreement with Boeing and GE Aerospace for a firm order of 45 wide-body jets to expand its fleet, with
July 02, 2024
Japan's Sony slashed the full-year sales forecast for its PlayStation 5 console on Wednesday and said it plans to list its financial business next year as it focuses on
July 02, 2024
Boeing said on Tuesday it delivered 27 airplanes in January, which was down 29% from the same month last year as regulators, lawmakers and customers pressured
July 02, 2024
Shares of Intuitive Machines shot up 43% in premarket trading after the space exploration company became the first private firm to successfully land a spacecraft on the moon.
July 02, 2024
AT&T will credit customers a full day of service for the carrier's more than 10-hour outage on Thursday that affected more than 70,000 users, saying it was the "right thing to do."
July 02, 2024
Shares of legacy automakers have outpaced their electric counterparts over the last few weeks, as investors respond to company decisions to prioritize higher-margin, gas-
July 02, 2024
Beneath the world's largest open-pit copper mine in Chile lies a tunnel complex filled with dust so dense that machines frequently
July 02, 2024
Embattled lender New York Community Bancorp is seeking a cash infusion, the Wall Street Journal reported on Wednesday.
July 02, 2024
A bumper crop of 40 high-profile hedge fund launches by former portfolio managers of multi-billion dollar firms is expected this year,
July 02, 2024
The founding family behind Nordstrom Inc is seeking to take the U.S. department store operator private, six years after a similar
July 02, 2024
Companies are responding to disruptions to shipping on the shortest route between Europe and Asia.
July 02, 2024
Orders for long-lasting U.S. manufactured goods increased more than expected in February, while business investment on equipment appeared to improve in the first quarter.
July 02, 2024
Home Depot said on Thursday it would buy building products distributor SRS Distribution in a deal valued at about $18.25 billion including debt.
July 02, 2024
General Motors on Tuesday posted quarterly results that topped Wall Street targets and the automaker raised its annual forecast, citing stable pricing and demand for
July 02, 2024
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech
July 02, 2024
Elon Musk's surprise visit to China this week won concessions for Tesla but left India feeling spurned after he cancelled a scheduled trip there for earlier this
July 02, 2024
Elon Musk's abrupt decision to lay off employees who ran Tesla's electric vehicle charging business blindsided automakers gearing up to
July 02, 2024
Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job,
July 02, 2024
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren
July 02, 2024
Warren Buffett takes center stage in Omaha for Berkshire Hathaway's annual shareholder meeting on Saturday, as investors size up his
July 02, 2024
Alaska Air Group has received $61 million in supplier credit memos from Boeing as additional compensation for the hit from a temporary grounding of 737 MAX 9 jets, the carrier said on
July 02, 2024
U.S.
July 02, 2024
Pakistan will privatise all state-owned enterprises, with the exception of strategic entities, Prime Minister Shehbaz Sharif said on Tuesday, broadening its
July 02, 2024
Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, Chief Executive Duncan Wanblad told
July 02, 2024
Boeing’s departing CEO Dave Calhoun was re-elected to stay on
July 02, 2024
Japanese corporate services prices in April rose at their fastest pace since early 2015, Bank of Japan data showed on Tuesday, boosted by labour costs in the services sector in a
July 02, 2024
Business travel has returned to the United States, hotel executives at a New York industry conference said this week, as companies of all sizes are increasingly
July 02, 2024
A workers' union at Samsung Electronics staged its first walkout on Friday, signalling more assertiveness among employees just as South Korea's most
July 02, 2024
The Nasdaq and the S&P 500 rose on Tuesday to end at all-time highs, reversing early losses as investors prepared for upcoming inflation data and the U.S.
July 02, 2024
Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden administration's proposed rule that would require the offshore oil and
July 02, 2024
Polish police have opened an investigation into possible manipulation of financial instruments by Hindenburg Research, fashion group LPP said on Thursday.
July 02, 2024
Oilfield services company SLB said on Tuesday it has received a second request for additional information from the United States Department of Justice in connection with its $7.75 billion
July 02, 2024
CDK Global says ‘substantially all’ dealers are back online after a crippling hack
July 02, 2024
Apple will get an observer role on OpenAI's board as part of a landmark AI agreement announced last month, Bloomberg News reported on Tuesday.
July 02, 2024
Ford Motor is trying to get more of its managers to buy electric vehicles, according to an internal email the automaker sent last week that was reviewed by Reuters.
July 02, 2024
Walmart has held talks with potential buyers to sell its already shuttered medical clinics, Fortune reported on Tuesday, citing multiple sources familiar with the matter.
July 02, 2024
FTC unanimously moves to block $4 billion merger of mattress giants
July 02, 2024
Oil refiner CVR Energy, controlled by billionaire investor Carl Icahn, has submitted a binding offer in an ongoing auction of shares in the
July 02, 2024
Euro zone consumer confidence rose by 0.3 point in June from the May number, figures released on Thursday showed.
July 02, 2024
The London Stock Exchange Group announced a multi-year news and data partnership with Dow Jones that will include content from the Wall Street Journal, the companies said on Tuesday.
July 02, 2024
Two of Toyota's top suppliers, Denso and Aisin, have sold off holdings in several Toyota-affiliated companies, regulatory filings showed on Thursday, in the latest reduction of cross
July 02, 2024
Tesla’s global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weaking demand for the company’s products and electric vehicles overall
July 02, 2024
Air Canada said on Tuesday that it has agreed to receive eight Boeing 737 MAX 8 jets from lessor BOC Aviation.
July 02, 2024
The short seller that took on Gautam Adani made surprisingly little money
July 02, 2024
Malaysian and Chinese firms signed agreements on Thursday for potential investments worth 13.2 billion ringgit ($2.80 billion) to collaborate in sectors ranging from oil and
July 02, 2024
Citigroup is looking to boost its business in Europe despite political instability on the continent spooking investors, the bank's new head of the region Ignacio
July 02, 2024
Indian metals-to-oil conglomerate Vedanta will raise up to 10 billion rupees (nearly $120 million) by issuing non-convertible debentures through a private placement, the company
July 02, 2024
Mexican food chain Guzman Y Gomez served up Australia's best initial public offering debut in three years with its shares leaping more than one-third on their first
July 02, 2024
Vietnam's Ministry of Planning and Investment is finalising a draft plan to set up a fund to help attract foreign investment and maintain the country's competitiveness, according to
July 02, 2024
Hong Kong's May retail sales fell 11.5% from a year earlier, government data showed on Tuesday, reflecting a surge in outbound trips, strength in local currency and a high base
July 02, 2024
Boeing's long-awaited announcement that it will buy back its struggling supplier, Spirit AeroSystems, now shifts the focus of investors to the planemaker's
July 02, 2024
The chief executive of Brazilian oil giant Petrobras, Madga Chambriard, said the country's president asked her to work toward boosting the nation's economy while maintaining
July 02, 2024
Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on Tuesday.
July 02, 2024
Ryanair flew a record 19.3 million passengers in June, up 11% from a year earlier, the low-cost airline said on Tuesday.
July 02, 2024
For months, Philip Matthias tried to convince his father to install solar panels on their company's roof in the eastern German state of Thuringia, aiming to cut
July 02, 2024
Four of Japan's top property and casualty insurers and other financial firms plan to sell around 500 billion yen ($3.1 billion) of shares in Honda Motor, three people said, as the
July 02, 2024
Apple has suspended work on its next high-end Vision headset, the Information reported on Tuesday, citing an employee at a manufacturer that makes key components for the Vision Pro.
July 02, 2024
Microsoft is consolidating its retail channels in mainland China, the firm said in response to media reports that it is closing its network of authorised physical retailers in the
July 02, 2024
Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a court in Delaware on Wednesday.
July 01, 2024
GE Aerospace said it has extended chief executive Larry Culp's tenure till the end of 2027, with a possibility of further extension by another year, a regulatory filing showed on Monday.
July 01, 2024
Shareholder backing for Toyota Chairman Akio Toyoda slid for a second straight year, results from its annual general meeting showed on Wednesday, with his support
July 01, 2024
Airbus delivered a preliminary total of around 67 airplanes in June, bringing the total for the first half of the year to around 323 aircraft, up 2% from the same period
July 01, 2024
The New York supermarket chain Gristedes will pay a $400,000 civil fine and spend $13.5 million on repairs and upgrades to settle charges that its store
July 01, 2024
The chairman of defaulted Chinese developer Kaisa Group returned to mainland China from Hong Kong for the first time in almost a decade to get regulatory
July 01, 2024
Community rallies together after family loses Rapidan Dam Store, home in same week
July 01, 2024
Trump Tower is coming to Saudi Arabia
July 01, 2024
Former TV host Carlos Watson has taken the witness stand in the criminal trial surrounding the collapse of his Ozy Media
July 01, 2024
The ownership group that controls the NBA champion Boston Celtics says it intends to sell all its shares of the team
July 01, 2024
Bragg Live Food Products, which is backed by celebrities Katy Perry and Orlando Bloom, is exploring a sale that could value the maker of apple cider vinegar
July 01, 2024
Chicken Soup for the Soul Entertainment, the parent of DVD rental operator Redbox, has filed for Chapter 11 bankruptcy protection
July 01, 2024
Keith Gill, the meme stock trader "Roaring Kitty," thrust Chewy Inc into the spotlight when he made a $245 million bet on the online pet products
July 01, 2024
Avianca Group plans to confidentially file for an initial public offering in the United States, the holding company for the Colombian airline said on Monday.
July 01, 2024
Europe's biggest food retailer Carrefour said on Monday it was expecting greater financial benefits from the acquisition of the Cora and Match retailers than previously,
July 01, 2024
CDK Global said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4, about two weeks after a cyberattack-led
July 01, 2024
South Africa's new unity government inspired cautious optimism on Monday from industry and financial markets but many citizens and political analysts fear
July 01, 2024
Airbus may end up owning some assets of Spirit AeroSystems in Scotland and Malaysia if the transatlantic supplier is unable to find a buyer for them, a filing from
July 01, 2024
More than 50 companies have expressed interest in developing lithium projects in Chile, Finance Minister Mario Marcel said on Tuesday,
July 01, 2024
The top U.S. oil and corn industry lobby groups said on Tuesday they were suing President Joe Biden's administration over its plans to slash planet-warming tailpipe emissions from cars and
July 01, 2024
The U.S.
July 01, 2024
South African pharmacy chain Clicks Group said on Monday it would sell drug maker Unicorn Pharmaceuticals to comply with a court ruling, clearing the way for the health ministry to issue
July 01, 2024
Inflation fell in five important German states in June, preliminary data showed on Monday, suggesting that national inflation could decline this month.
July 01, 2024
Boeing agrees to buy spinoff Spirit Aerosystems as part of plan to shore up safety
July 01, 2024
A Russian consortium leading a buyout of Yandex, often dubbed Russia's Google, from its Dutch parent company Yandex NV said on Monday it has received bids from investors to exchange 43.9
July 01, 2024
Greece will set up its first sovereign wealth fund to sell state assets such as estate property, ports and public utilities that were not sold during its debt crisis, its finance
July 01, 2024
Blackstone launched a 275.8 billion yen ($1.74 billion) bid to take Japanese digital comic distributor Infocom private, including a tender offer for a per-share price of 6,060 yen,
July 01, 2024
Boeing has restarted wide-body jet deliveries to China that were halted in recent weeks due to a Chinese regulatory review which also stalled new narrow-body
July 01, 2024
A lot of politicians have promised change to voters in Hartlepool, a wind-whipped port town in northeast England
July 01, 2024
Brazilian planemaker Embraer sees itself as a "great solution" for carriers to add capacity more quickly amid constraints to 'big' narrowbody
July 01, 2024
The lack of reliable electricity severely affects education and businesses in Nigeria
July 01, 2024
Global stocks edged higher in choppy trading on Monday, while U.S.
July 01, 2024
South Korea's factory activity growth quickened in June to the fastest in 26 months, as new orders jumped on improving global demand, a private-sector survey showed on
June 30, 2024
Cyber insurance premiums are falling globally as businesses become more adept in curbing their losses from cyber crime, even as ransomware attacks are rising, broker Howden said in
June 30, 2024
Japan's Hitachi is considering selling its 40% stake in an air-conditioning joint venture with Johnson Controls International Plc, Bloomberg News reported on Tuesday, citing people
June 30, 2024
U.S. machinery maker Caterpillar's former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed.
June 30, 2024
Japanese electronic motor maker Nidec sees its business in water-cooling modules for generative artificial intelligence data centres expanding to 1 trillion yen ($6.32 billion) in
June 30, 2024
The price Japanese companies charge each other for services with high labour costs rose 2.8% in April from a year earlier, the fastest increase in nearly four years,
June 30, 2024
South Korea's SK Hynix, the world no.2 memory chip maker, will invest 103 trillion won ($74.6 billion) through 2028 to strengthen its chips business, focusing on AI, its parent SK
June 30, 2024
China's non-manufacturing activity expanded at a much slower pace in June, an official survey showed on Sunday, as consumers remained wary of spending amid property downturn and
June 30, 2024
Hong Kong's stock market will stay open during typhoons and heavy rain effective Sept. 23, a change that will help maintain the global financial hub's competitiveness, city
June 30, 2024
Tesla began its fight for legal recognition of a shareholder vote favoring Elon Musk's record compensation, telling a Delaware judge that it "significantly
June 30, 2024
Norwegian online classified ads group Schibsted will cut around 250 jobs in the Nordic region as part of a restructuring plan to reduce costs and boost efficiency, the company said on
June 30, 2024
The startup behind You.com is raising $50 million in fresh capital, a person familiar with the effort said, as it seeks a foothold in the growing market for
June 29, 2024
Tractor Supply Co. backtracks on DEI roles and goals
June 29, 2024
Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores, but did
June 29, 2024
The boss of British health and beauty retailer Boots is quitting after U.S. owner Walgreens Boots Alliance's plans for a sale or stock market listing of the chain stalled, according to a
June 29, 2024
Swiss food giant Nestle is targeting stable growth in sales volumes from the second quarter throughout the remainder of the year as cost inflation eases, its CEO told Swiss
June 29, 2024
Complicated market conditions have prevented foreign airlines from launching local operations in Brazil, planemaker Airbus' head in the country told
June 29, 2024
Ford Motor Co expects to launch a $30,000 EV that could be profitable in about two and a half years but did not provide any further details on the vehicle, CNBC reported on Friday.
June 28, 2024
An analyst ordered 75 Chipotle burrito bowls to test portion sizes
June 28, 2024
6-year-old girl gets special ribbon cutting ceremony for entrepreneurship
June 28, 2024
Tractor Supply says it is ending an array of corporate diversity and climate efforts
June 28, 2024
3M said on Thursday it would transfer about $2.5 billion of its U.S. pension payment obligations and related plan assets for nearly 23,000 U.S. retirees and beneficiaries to Metropolitan
June 28, 2024
European shares slipped on Thursday, with automakers falling on continued jitters over the European Union's new tariffs on imported Chinese electric
June 28, 2024
Disney and Florida Governor Ron DeSantis have put an end to their feud with a deal that allows the entertainment giant to develop the Walt Disney World Resort near Orlando for the next 15
June 28, 2024
U.S.
June 28, 2024
The chief executive of TIM Brasil, Alberto Griselli, said on Thursday that its parent company Telecom Italia's agreement to sell its physical network
June 28, 2024
The U.S.
June 28, 2024
Elon Musk's army of small-investor allies took a victory lap on Thursday as the Tesla CEO won a critical shareholder vote for his $56 billion pay package
June 28, 2024
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the
June 28, 2024
British homebuilder Crest Nicholson said on Friday rival Bellway's revised and unsolicited 650 million pound ($828 million) all-share takeover offer "significantly undervalued" the group,
June 28, 2024
Norway's $1.7 trillion wealth fund, a top shareholder in Tesla, will continue "a constructive dialogue" with the automaker after its annual general meeting endorsed CEO Elon Musk's $
June 28, 2024
New York Community Bancorp said on Thursday it acquired the assets of the failed Signature Bank with an estimated total fair value of $37.8 billion.
June 28, 2024
The chairman of Tesco told investors on Friday he had "no difficulty" defending the near 10 million pound ($13 million) pay package of the British supermarket group's
June 28, 2024
OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit business that the firm's nonprofit board doesn't control, The
June 28, 2024
Nike stopped selling its sportswear to Russia soon after Moscow launched its full-scale invasion of
June 28, 2024
Japan's core machinery orders fell in April for the first time in three months, government data showed on Monday, due to a pullback from the prior month's big
June 28, 2024
South Korea's SK Group Chairman Chey Tae-won said on Monday the conglomerate would prevent the outcome of his recent divorce payment ruling from leaving SK companies
June 28, 2024
Claudio Graziano, the chairman of Italian state-controlled shipbuilder Fincantieri and a former army general, has died, the company said in a statement on Monday.
June 28, 2024
Oil producer Saudi Aramco will buy a 10% stake in a thermal engines joint venture between French carmaker Renault and Chinese automaker Geely, the companies said on
June 28, 2024
Amazon and telecommunications firm Vrio will jointly launch a satellite internet service in seven South American countries, the two parties said on
June 28, 2024
Thai consumer confidence dropped for a third straight month in May, falling to its lowest level since October last year on concerns over a slow economic recovery and political
June 28, 2024
Investors will vote on Tesla CEO Elon Musk's $56 billion compensation package and the company's reincorporation in Texas, from Delaware, at a shareholder meeting on Thursday.
June 28, 2024
Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk's $56 billion pay package which was voided by a Delaware judge in January.
June 28, 2024
The spread of artificial intelligence-based systems offers big opportunities for financial services firms, executives say, but asset managers also
June 28, 2024
Russians are still indulging in foreign-made Toblerone chocolate, according to internal sales documents seen by Reuters, showing the difficulty of U.S.
June 28, 2024
Southwest Airlines CEO Bob Jordan said on Wednesday he will not resign as the air carrier faces pressure from activist investor Elliott Investment Management
June 28, 2024
Nike's stock slumped 20% on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the pace of the
June 28, 2024
European shares gave up early gains to close lower on Friday as a drop in shares of beauty giant L'Oreal weighed, while the benchmark
June 28, 2024
Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting
June 28, 2024
At least four companies ranging from a U.S.-based jet manufacturer to a Chinese generative AI firm launched Hong Kong initial public offerings on Friday to raise up
June 28, 2024
Insurance broker Aon and the U.S.
June 28, 2024
The oldest U.S. bank is getting a new name. Bank of New York Mellon is embracing BNY as its new moniker, it announced on Tuesday.
June 28, 2024
Shares of Insurance Australia Group rose 9% on Friday after the company bought reinsurance protection from a unit of Berkshire Hathaway and Canada Life Reinsurance in a
June 28, 2024
For years, Japan's Fujifilm pivoted away from its legacy camera business to focus on healthcare.
June 27, 2024
Australia on Friday gave the go-ahead for ANZ Group's A$4.9 billion ($3.26 billion) buyout of Suncorp's banking business, clearing the deal to proceed after almost two years of
June 27, 2024
Shares in some of Europe's biggest automakers dropped on Wednesday on fears of Chinese retaliation after the European Commission said it would impose duties on imported
June 27, 2024
South Korea's main opposition leader was indicted on Wednesday on bribery charges in an alleged scheme to use an underwear maker to transfer funds to North Korea and facilitate a
June 27, 2024
The U.S.
June 27, 2024
The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond
June 27, 2024
U.S. small-business confidence and hiring plans increased in May to their highest levels of the year, but the looming U.S. presidential election also drove uncertainty to nearly a four-
June 27, 2024
New orders for key U.S.-manufactured capital goods unexpectedly fell in May, suggesting that business spending on equipment weakened in the second quarter as borrowing costs
June 27, 2024
Boeing said on Tuesday it delivered 24 commercial planes in May, about half of the 50 jets it handed over to customers during the same month a year earlier, as it
June 27, 2024
Apple's developer conference on Monday was about more than infusing its software with the latest artificial intelligence technology,
June 27, 2024
British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain's Air Europa.
June 27, 2024
Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia's
June 27, 2024
Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for 350 million euros ($374 million), but that the deal would not impact its
June 27, 2024
French cloud services provider OVHcloud reported third quarter revenue ahead of market expectations on Thursday, driven by strong demand from U.S. tech
June 27, 2024
A Mitsubishi Heavy Industries executive said Thursday that despite the government's commitment to made-in-Japan aircraft, now is not the time to decide whether to re-enter the
June 27, 2024
China's industrial profits rose at a sharply slower pace in May, official data showed on Thursday, underlining the struggles faced by the world's second-largest economy as weak
June 27, 2024
Australian business conditions eased further in May to below their long-run average as growth in sales and profits slowed, a survey showed on Tuesday, while cost pressures showed
June 26, 2024
Boeing is resuming widebody jet deliveries to China which were halted in recent weeks due to a Chinese regulatory review,
June 26, 2024
Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or deny.
June 26, 2024
Qatar Airways is in talks to buy up to a 20% stake in Bain Capital-owned Virgin Australia, the Australian Financial Review (AFR) reported on Wednesday, as carriers fight for more market
June 26, 2024
Haleon will sell its nicotine replacement therapy business outside the U.S. to a unit of India's Dr.
June 26, 2024
Major U.S. stock indexes closed with modest gains on Wednesday after a choppy trading session, with investors holding their cards
June 26, 2024
German engineering group Robert Bosch is weighing a bid for U.S. appliances manufacturer Whirlpool, according to three people familiar with the matter,
June 26, 2024
French technology firm Atos said on Wednesday a consortium led by investor David Layani's Onepoint had withdrawn from discussions on its restructuring, but that it still planned to reach a
June 26, 2024
European shares slipped on Wednesday as government bond yields rose on concerns about persistent global price pressures ahead of a
June 26, 2024
A liquidation case against Chinese property developer Shimao Group has been adjourned to July 31 as it has again extended a deadline for creditors in relation to a debt
June 26, 2024
Australia's Star Entertainment has appointed Steve McCann as its group CEO and managing director to lead the embattled casino operator out of a regulator inquiry into its
June 25, 2024
Ira Galtman is part of a small community of corporate archivists
June 25, 2024
U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday.
June 25, 2024
Albemarle, the world's largest lithium producer, plans to hold more auctions for the metal used in electric vehicle batteries to boost price transparency and
June 25, 2024
Nike is set to post its slowest revenue growth in two years when it reports fourth-quarter results on Thursday, due to a lack of innovation amid growing competition
June 25, 2024
The troubled artificial intelligence company behind image-generator Stable Diffusion is looking for a reshoot with a new CEO and a surge of investment from a group that includes former top executives at Facebook and Google
June 25, 2024
Stability AI said on Tuesday it has raised funds and appointed industry veteran Prem Akkaraju as its top boss, months after the exit of founder and CEO Emad
June 25, 2024
Eli Lilly said on Tuesday it will collaborate with OpenAI to leverage its generative AI to develop antimicrobials that can be used to treat drug-resistant bacteria.
June 25, 2024
French billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH, has bought a stake in smaller luxury rival Richemont, Bloomberg
June 25, 2024
The U.S.
June 25, 2024
Waystar's shares fell in their Nasdaq debut on Friday, after the healthcare payments company raised $968 million in its U.S. initial public offering, in
June 25, 2024
Paramount Global controlling shareholder Shari Redstone received the fewest votes among other directors in the company's board election, a filing on Friday showed.
June 25, 2024
Warren Buffett's Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7, according to a U.S. securities filing.
June 25, 2024
Activist investor Elliott Investment Management has built a nearly $2 billion stake in Southwest Airlines and plans to push for changes aimed at reversing the airline's underperformance,
June 25, 2024
Australian broadcaster Nine Entertainment Co Holdings Ltd said its chairman Peter Costello resigned on Saturday and has been replaced by non executive deputy chair Catherine West.
June 25, 2024
Nissan Motor will produce electric vehicles for its Chinese joint-venture partner Dongfeng Motor at its Wuhan factory by year-end, the Nikkei newspaper reported on Tuesday, a sign of
June 25, 2024
Chinese artificial intelligence (AI) companies are moving swiftly to attract users of OpenAI's technology, following reports the U.S. firm plans to restrict access in China and
June 25, 2024
Shareholder support for the reappointment of SoftBank Group Chief Executive Masayoshi Son has fallen to 79.22% from 95.93% a year ago after proxy advisor Institutional Shareholder
June 25, 2024
The prospect of a politically extreme party with little or no government experience taking power after France's parliamentary elections is worrying investors, the
June 25, 2024
Airbus softened key industrial and financial targets and took a hefty 900-million-euro ($965 million) charge for its troubled space activities as Europe's largest
June 24, 2024
Rental car firm Hertz is weighing a sale of at least $700 million in secured debt and a convertible notes offering, as it looks to shore up its balance sheet, Bloomberg News reported on
June 24, 2024
The S&P 500 and Nasdaq composite finished a shade lower on Thursday ahead of a key labor market report, retreating from record highs reached in the previous
June 24, 2024
Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airplanes handed over to customers since Jan. 1 to 256, the planemaker said on
June 24, 2024
Airbus has started building a new A320neo-family assembly line in Toulouse to replace an older and less efficient facility and help speed up production from next year.
June 24, 2024
For one weekend day this fall in New York — and for a price — MSNBC fans can see many of their favorite personalities in real life
June 24, 2024
Car dealerships across North America are still wrestling with disruptions that started last week
June 24, 2024
Advisers and investors congregated at the annual SuperReturn conference in Berlin this week as a still struggling private equity market cast
June 24, 2024
New Era Cap, a supplier of major U.S. sports league headware, has agreed to acquire sports lifestyle brand '47, people familiar with the matter said on Thursday.
June 24, 2024
Brazilian restaurant chain operator Zamp has agreed to buy the rights to operate the Starbucks brand and some stores in the South American country, it said on Thursday, sending
June 24, 2024
Australia could impose billion dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday as it
June 24, 2024
Chanel artistic director Virginie Viard is leaving the label, the luxury brand said on Thursday, kicking off speculation over who will replace her in one of the fashion
June 23, 2024
Delta Air Lines plans to announce on Thursday it will apply for a new flight between Seattle and Washington Reagan National Airport as airlines battle over
June 23, 2024
Chinese electric vehicle maker Nio said on Thursday it expected deliveries in the second quarter to more than double from a year earlier to between 54,000 and 56,000.
June 23, 2024
Corruption in Italy has declined over the last few years but remains a problem, with business owners and the self employed the most affected, a report published on Thursday by the
June 23, 2024
Insurance group Prudential plans a $2 billion share buyback programme which will be completed no later than mid-2026, the company said in a statement on Sunday.
June 23, 2024
The chief executive of social media platform X, Linda Yaccarino, has shaken up her inner circle in the face of pressure from owner Elon Musk to boost sales and cut costs, the Financial
June 23, 2024
Peru's President Dina Boluarte will travel to China this month to meet with her Chinese counterpart Xi Jinping and leaders from mining, technology and transportation firms after the
June 22, 2024
McDonald's does not have the exclusive right to the term "Big Mac" for poultry products in Europe after five straight years of not using it, the region's second top
June 22, 2024
Under Armour on Friday said it has agreed to pay $434 million to settle a 2017 class action lawsuit accusing the sports apparel maker of defrauding shareholders about its revenue growth in
June 21, 2024
British artificial intelligence startup Stability AI has appointed Prem Akkaraju as its new chief executive officer, the Information reported on Friday, citing a person involved in the
June 21, 2024
Everton says the Texas-based Friedkin Group is in exclusive discussions to buy a majority stake in the Premier League club
June 21, 2024
U.S. business activity crept up to a 26-month high in June amid a rebound in employment, but price pressures subsided considerably, offering hope that a recent slowdown in
June 21, 2024
Walmart settled its lawsuit against Capital One over their credit card partnership, which had made Capital One the exclusive issuer of Walmart-branded consumer
June 21, 2024
An Indian-born billionaire and three family members have been sentenced to prison for exploiting domestic workers at their lakeside villa in Switzerland
June 21, 2024
Nissan Motor has halted production at its Changzhou plant in China as it seeks to optimise its operations, the Japanese automaker said on Friday
June 21, 2024
Business activity in India expanded at a faster clip this month from May thanks to gains in manufacturing and services, according to a business survey that also showed
June 21, 2024
London stocks closed the week on a positive note after domestic inflation fell to the Bank of England's 2% target earlier this week, raising bets of an
June 21, 2024
Japan's Takeda Pharmaceutical gave India's Sun Pharmaceutical and Cipla the rights to commercialize gastrointestinal drug Vonoprazan in the country.
June 21, 2024
China's services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first time since January, a private sector survey showed on
June 21, 2024
South African private sector activity grew in May as new order volumes stabilised and business confidence improved, a survey showed on Wednesday.
June 21, 2024
In the week and a half since Nvidia CEO Jensen Huang arrived in Taiwan, his every move has been breathlessly followed.
June 21, 2024
Growth among Britain's services businesses eased in May from April's 11-month high and inflation pressures dropped to their lowest in three years, a survey showed
June 21, 2024
HanesBrands said on Wednesday it would sell its sportswear brand Champion to Authentic Brands Group in a deal valued at $1.2 billion, as the company looks to streamline business and focus
June 21, 2024
The U.S. services sector snapped back into growth mode in May after a short-lived contraction in the prior month, with a measure of business activity improving by the most in
June 21, 2024
Confidence among big Japanese manufacturers likely improved slightly in the three months to June, while non-manufacturers' mood slipped a bit, the Bank of Japan's (BOJ) closely-
June 21, 2024
A gauge of global stocks declined for a second straight session on Friday, weighed down by weakness in technology shares, while the dollar hit
June 21, 2024
SoftBank Group CEO Masayoshi Son said on Friday that the group's mission was to help in humanity's progress by realising artificial super intelligence, which he said
June 21, 2024
Japan's factory activity expanded for a second straight month in June but the pace of growth eased as orders weakened and cost pressures intensified, a business survey showed on
June 20, 2024
A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed,
June 20, 2024
The Internal Revenue Service said Thursday a review of 1 million claims for the Employee Retention Credit representing $86 billion shows the “vast majority” are at risk of being improper
June 20, 2024
A cyber outage at retail technology and software provider CDK entered its second consecutive day on Thursday, impacting automobile dealers
June 20, 2024
Airlines and energy firms clashed over scarce availability of alternative fuels on Tuesday as carriers ended a three-day summit
June 20, 2024
Singapore-based semiconductor firm Silicon Box plans to pick the town of Novara in the industrialised northwest Piedmont region as the
June 20, 2024
The Supreme Court has upheld a tax on foreign income over a challenge backed by business and anti-regulatory interests
June 20, 2024
The S&P 500 and Nasdaq closed lower on Thursday, as market bellwether Nvidia retreated from earlier gains, while investors evaluated recent economic data and commentary from
June 20, 2024
Australian airline Qantas on Tuesday backed Boeing to bounce back from an unprecedented crisis that has led to an overhaul of the American planemaker's management and drawn scrutiny
June 20, 2024
Airline Cathay Pacific is looking to add more destinations on China's Belt and Road project, CEO Ronald Lam said on Sunday, after a new route to Riyadh starts up
June 20, 2024
Boeing's outgoing CEO David Calhoun told Reuters on Tuesday that the planemaker's board would decide his successor and he would support its
June 20, 2024
Growth in non-oil business activity in Saudi Arabia eased in May as new orders rose at the slowest pace in 25 months, a survey showed on Tuesday.
June 20, 2024
Billionaire Bill Ackman's Pershing Square Capital Management has raised $1.05 billion by selling 10% stake in the hedge fund to a consortium of institutional investors and family offices,
June 20, 2024
Mike Lynch's lawyers on Monday portrayed the British tech pioneer as a savvy entrepreneur while prosecutors in a San Francisco court labeled him
June 20, 2024
Tesla on Monday defended a proposal to ratify CEO Elon Musk's $56 billion pay package and said a new compensation would be costlier, days after a top proxy advisory firm recommended
June 19, 2024
U.S. chipmaker Onsemi will invest up to $2 billion to boost its semiconductor output in the Czech Republic, it said on Wednesday, expanding the company's European
June 19, 2024
British manufacturers reported a return to growth last month after a long slowdown, according to a survey published on Monday, but the higher prices charged by firms may add to the
June 19, 2024
The long-running downturn in euro zone manufacturing may have turned a corner last month, according to a survey which showed new orders declined at their slowest pace in two years,
June 19, 2024
Nippon Steel's vice chairman plans to return to the United States this week for more talks over the proposed acquisition of U.S.
June 19, 2024
Japanese companies raised spending on plant and equipment in January-March, helped by demand for automobiles and labour-saving investment and suggesting the
June 18, 2024
India's manufacturing growth slowed to a three-month low in May as a heatwave prompted some companies to reduce working hours, but factory activity remained
June 18, 2024
Qatar Airways is in talks with plane makers Airbus and Boeing for a major wide-body order, its chief executive said on Monday.
June 18, 2024
Activity in Russia's manufacturing sector grew marginally faster in May, a business survey showed on Monday, propelled by a sharp rise in employment as demand picked up.
June 18, 2024
The downturn in Germany's manufacturing sector, which accounts for about a fifth of Europe's biggest economy, showed signs of bottoming out in May as output and new orders declined
June 18, 2024
The next CEO of Boeing should have an understanding of what led to its current crisis and be prepared to look outside for examples of best
June 18, 2024
Qatar Airways PJSC is nearing a decision on a major widebody order split between Boeing and Airbus, Bloomberg News reported on Sunday, citing people familiar with the matter.
June 18, 2024
The head of Dubai airline Emirates urged Boeing to pick an engineering and business heavyweight to lead a deep overhaul of the U.S. aerospace
June 18, 2024
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna
June 18, 2024
The post-pandemic surge in global sales of luxury handbags, shoes and apparel is on pace to stall this year amid a creativity crisis and price hikes focused on the biggest spending customers
June 18, 2024
Everton's takeover agreement with prospective owner 777 Partners has expired, the Premier League club said on Saturday, after the U.S. private equity firm failed to complete the
June 18, 2024
Delta Air Lines is running its largest ever transatlantic schedule this year as it sees healthy travel demand, especially on international
June 18, 2024
Safety and quality problems exposed at Boeing following a door plug blowout earlier this year risk shaking travellers' confidence in flying, a top executive at rival Airbus said.
June 18, 2024
Brazilian airline Gol announced on Friday that its board elected Eduardo Gotilla as its new chief financial officer, while also posting preliminary results for April including
June 18, 2024
Fitch Ratings lowered its 2024 forecasts for Boeing's aircraft delivery and free cash flow on Friday as the planemaker grapples with investigations and slumping production of its strongest-
June 18, 2024
A U.S. bankruptcy judge has approved the sale of the majority of Express Inc.’s operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores
June 17, 2024
A federal judge has ruled that BNSF Railway must pay nearly $400 million to a Native American tribe in Washington state
June 17, 2024
Gamestop’s CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday
June 17, 2024
The Federal Aviation Administration will not immediately allow Boeing to increase 737 MAX production as it addresses ongoing safety issues, its administrator
June 17, 2024
Nissan Motor paid former Chief Operating Officer Ashwani Gupta $3.7 million in compensation following his sudden departure last year, the Japanese automaker disclosed in a
June 17, 2024
U.S. stocks ended lower on Thursday, with the Nasdaq falling more than 1% and technology shares leading declines after a disappointing Salesforce forecast.
June 17, 2024
British businesses are their most confident in eight years and their hiring plans are the strongest since 2017, according to a survey published on Friday that added to signs of a
June 17, 2024
Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much
June 17, 2024
Russia's largest oil producer Rosneft said on Thursday its first-quarter net income attributable to shareholders more than doubled to 399
June 16, 2024
Hertz Global is exploring options to raise financing, weeks after its new CEO pledged to get the company back on track following a failed bet on electric vehicles, Bloomberg News reported,
June 16, 2024
WestJet Encore has reached a tentative agreement with its pilots union over a new contract, the labor group said on Thursday, averting a strike at the Canadian regional carrier.
June 16, 2024
OpenAI's board on Thursday pushed back on allegations from its former members that concerns over artificial intelligence safety at the startup necessitated Sam Altman's shocking ouster
June 15, 2024
U.S. Steel Corp and Japan's Nippon Steel have received all regulatory approvals outside of the United States for their proposed $14.9 billion merger, the companies said on Thursday.
June 15, 2024
Vietnamese electric car maker VinFast is looking at further delaying a planned $4 billion factory in North Carolina, a person briefed
June 14, 2024
A U.S. judge in Seattle on Tuesday rejected Amazon.com's request to dismiss a Federal Trade Commission (FTC) lawsuit that accuses the company of enrolling
June 14, 2024
Boeing said on Wednesday it was making progress on developing a permanent solution to address an issue with the 737 MAX engine anti-ice system that has
June 14, 2024
PwC will become the largest customer and first reseller of OpenAI's enterprise product as part of a new deal, the accounting giant said on Wednesday, as businesses rush to adopt and
June 14, 2024
Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in first-quarter sales and flagged lower volumes for its
June 14, 2024
A South Korean court ruled SK Group Chairman Chey Tae-won must pay more than $1 billion to his estranged wife as part of their planned divorce,
June 14, 2024
At an industry event in Riyadh two years ago, the Saudi energy minister paused at about 9 p.m
June 14, 2024
A group of car starter battery makers will contest European Union accusations of operating a cartel to fix battery prices at a closed hearing next week, people with
June 13, 2024
Chevron shareholders on Wednesday re-elected all its 12 board directors, in a sign of support for the oil major at a time when it is caught in the regulatory crosshairs over its $53
June 13, 2024
Brazilian airlines Azul and Gol have informed local antitrust regulator CADE of their new codeshare agreement and do not expect hurdles to be imposed, Azul's
June 13, 2024
Stellantis CEO Carlos Tavares has expressed dissatisfaction at the operation of some U.S. plants on Thursday as the automaker struggles with lower shipments and falling revenues
June 13, 2024
Italian executive Claudio Sforza has been chosen as chief executive of loss-making clothing group Benetton, replacing outgoing Massimo Renon, two sources close to the matter said on
June 13, 2024
Proxy advisory firms Glass Lewis and Institutional Shareholder Services have recommended Toyota Motor shareholders vote against re-electing Chairman Akio Toyoda at the Japanese
June 13, 2024
Trading app Robinhood Markets launched its first-ever share buyback plan on Tuesday, saying it would repurchase $1 billion worth of stocks as it looks to grow beyond its startup phase.
June 13, 2024
Elon Musk is offering tours of Tesla's factory next month to 15 shareholders who vote on his $56 billion pay package, the latest effort by the electric vehicle
June 13, 2024
The parent company of Brazilian airline Gol
United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan arrived in South Korea on Tuesday, where his plane was met by an honorary escort of four fighter jets
June 13, 2024
Aethon Energy said on Wednesday it would buy Tellurian's upstream assets for $260 million and signed a deal that could allow the investment firm to purchase two million tons per annum of
June 12, 2024
Profits for the U.S. banking sector surged 79.5% to $64.2 billion in the first quarter of 2024, boosted primarily by large banks not shouldering billions in
June 12, 2024
Spain's Sabadell is not planning to try and buy a competitor as part of a potential defence strategy against rival BBVA's hostile takeover
June 12, 2024
The transition to electric vehicles (EVs) would impose a "significant burden" on auto suppliers, Stellantis CEO Carlos Tavares said on Wednesday as Western automakers race to cut
June 12, 2024
BHP Group said on Wednesday it did not intend to make a formal offer for Anglo American, walking away from its $49 billion takeover deal, after the London-listed rival refused to extend
June 12, 2024
The CEO of Southwest Airlines says he is not resigning in the face of pressure from a hedge fund that wants him fired
June 12, 2024
Cyprus has scrapped a 1.2 billion euro ($1.30 billion) concession agreement for the development of Larnaca port, in a legal wrangle that the state and the contractor traded blame
June 12, 2024
Adam Neumann has ended his bid to re-acquire WeWork as the coworking business he co-founded has chosen to emerge from bankruptcy with an "unrealistic" plan, he told the New York Times
June 12, 2024
Norfolk Southern has named former Canadian National Railway CEO Claude Mongeau as the new chair of its board, effective immediately, the company said in a statement on Tuesday.
June 12, 2024
Media veteran Edgar Bronfman Jr. has withdrawn from the race for Paramount Global, clearing the way for Skydance Media to take control of Shari Redstone's empire and ending one of the most
June 12, 2024
German energy company Uniper says a tribunal has awarded it more than 13 billion euros (nearly $14 billion) in damages for gas that Russia's Gazprom hasn’t supplied since 2022
June 12, 2024
German business morale stagnated in May, a survey showed on Monday, falling short of a forecast improvement and suggesting the recovery of Germany's economy this
June 12, 2024
Thailand's economy is expected to grow 2.5% this year, but should be expanding at least 3.5% annually, its finance minister Pichai Chunhavajira said on Monday.
June 12, 2024
A South Korean high court began on Monday hearing a prosecution appeal over a decision by a lower court to clear Samsung Electronics chairman Jay Y.
June 12, 2024
Mozambique top court confirms ruling party victory in disputed election
US core capital goods orders rebound as economy eyes strong end to 2024
Synopsys' $35 billion Ansys acquisition to be approved in EU, sources say
Japan's Daiwa aims to raise wages at least 5% next year to attract talent
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Brazil airline Gol upbeat on capacity as Boeing delivers new 737 MAXs
Texas Rangers agree with free agent DH Joc Pederson on contract, AP source says