Slightly more than half of Japanese firms are looking to raise wages by 3% or more for the next business year, a Reuters survey showed, but a majority of companies baulked at Prime
November 06, 2024
Stellantis said on Wednesday it is laying off about 1,100 employees at a Jeep Gladiator plant in Toledo, Ohio, as it works to improve efficiency and reduce inventory
November 06, 2024
Trump’s social media stock spikes and then fades fast after election victory
November 06, 2024
Germany's services sector saw a slight uptick in business activity in October, reaching a three-month high, although underlying demand remained weak, according to the HCOB Germany
November 06, 2024
Italy's service sector regained strength in October after almost stagnating in September, a survey showed on Wednesday, lifted by a jump in new domestic business.
November 06, 2024
British retailer Marks & Spencer forecast strong Christmas trading after reporting a better-than-expected 17% rise in first-half profit, adding to evidence its latest
November 06, 2024
Russia's services sector activity expanded slightly faster in October than in the previous month as output and new orders rose again, a business survey showed on Wednesday.
November 06, 2024
Growth in India's dominant services industry picked up last month after dipping to a 10-month low rate in September amid a marked expansion in demand, according
November 06, 2024
Japanese video game maker Nintendo’s chief says its Switch console sales are still going strong, while he promised that a successor is coming
November 06, 2024
Nintendo President Shuntaro Furukawa said on Wednesday that software for the company's Switch console would be playable on the successor device.
November 06, 2024
Bernard “Bernie” Marcus, the co-founder of The Home Depot, a billionaire philanthropist, and a big Republican donor, has died
November 05, 2024
German fashion house Hugo Boss said on Tuesday it sought to expand its limited exposure to China and build brand visibility over the long run, despite a dent to its third
November 05, 2024
Super giant TVs are flying off store shelves
November 05, 2024
Air France KLM shares fell on Tuesday after Morgan Stanley cut its rating on the stock to 'underweight' from 'equal weight'.
November 05, 2024
South Africa's private sector maintained its growth trajectory in October, bolstered by a decline in business costs and selling prices, a Purchasing Managers' Index (PMI)
November 05, 2024
Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console
November 05, 2024
Tenstorrent, a Silicon Valley artificial intelligence chip startup founded by Apple and Intel veterans, said it had won a deal with the Japanese government to help train
November 05, 2024
Burberry's new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its
November 05, 2024
The pace of growth in Saudi Arabia's non-oil sector continued to accelerate in October, lifted by the fastest growth in new orders since March, a survey showed on Tuesday.
November 05, 2024
Sam Altman-led OpenAI is in early talks with the California attorney general's office to change its corporate structure in a bid to become a for-profit business, Bloomberg News reported on
November 04, 2024
Dollar Tree CEO Rick Dreiling abruptly steps down
November 04, 2024
U.S. companies with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has
November 04, 2024
The end of the election season could bring a sigh of relief to businesses.
November 04, 2024
By Nicholas P.
November 04, 2024
Drinkers are pushing back on expensive booze
November 04, 2024
The downturn in Germany's manufacturing sector eased somewhat in October as output, new orders and employment all slowed their rates of decline after the previous
November 04, 2024
France's manufacturing sector remained stuck in decline in October as factory output fell at its fastest rate in nine months, dragged down by low new orders, particularly from
November 04, 2024
German companies are less willing to hire new staff than at any point in more than four years, data from the Ifo institute showed on Monday, as weakness in Europe's largest economy
November 04, 2024
Nvidia CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation high-bandwidth memory chips
November 04, 2024
For some television viewers, size apparently does matter
November 03, 2024
Residents of the historic Black community of Elkinsville in southeastern Louisiana have elevated their fight against an ammonia plant proposed nearby
November 01, 2024
Is this the deal to end Boeing’s crippling 7-week strike?
November 01, 2024
U.S. manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs.
November 01, 2024
Canadian manufacturing activity increased at a faster pace in October as production and employment picked up in anticipation of rising orders, data showed on Friday
November 01, 2024
South African manufacturing activity grew in October for the second month in a row, a local purchasing managers' index (PMI) survey showed, the first time since early 2023
November 01, 2024
Financial companies in Britain must prepare to ensure they can deliver business services in "severe but plausible" scenarios, such as a global tech outage, to minimise any impact on
October 31, 2024
The head of Ford Motor's integrated services, who was tasked with leading one of the automaker's most important teams, is departing after about one year, the company said on
October 31, 2024
Ford Motor will halt production of its F-150 Lightning electric vehicle pickup trucks for six weeks from Nov. 18 to Jan. 6, the Dearborn automaker said on Thursday.
October 31, 2024
The European Commission has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival company’s development of a competing medicine
October 31, 2024
German retail sales unexpectedly rose in September, extending an upward trend started in June, although growing at a slower pace.
October 31, 2024
China's manufacturing activity expanded for the first time in six months and services picked up in October, indicating that Beijing's latest stimulus measures are
October 31, 2024
A lawyer for a Missouri mother on Wednesday asked a jury to make Abbott and Reckitt's Mead Johnson pay a total of more than $6 billion in the latest trial over claims
October 30, 2024
Europe's Airbus kickstarted a surprise leadership transition in its biggest business on Wednesday, with the chief of German engine-maker MTU Aero Engines tapped to
October 30, 2024
Shares of Chewy slid close to 2% in overnight trading after a regulatory filing revealed that the meme stock trader known as Roaring Kitty had sold his stake in the online pet store
October 30, 2024
OPEC+ could delay December's planned increase to oil production by a month or more, four sources close to the matter
October 30, 2024
Ford Motor stock has tumbled about 8% so far this week after the company faltered on CEO Jim Farley's mission to improve efficiency in its traditional gasoline-engine
October 30, 2024
TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk
October 30, 2024
Charles Schwab Corp plans to expand the availability of 24-hour trading to include all stocks in major U.S. indexes as well as hundreds of ETFs beginning in about two
October 30, 2024
Shares in Korea Zinc fell as much as 29.9% to their daily lower limit on Wednesday after the world's top zinc refiner said it planned to issue new stock
October 30, 2024
Starbucks abandons the olive oil coffee that was the brainchild of its former CEO
October 29, 2024
By Max A.
October 29, 2024
American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research group says
October 29, 2024
This past summer, leads for Brian Brown's landscaping business near Lake Tahoe were drying up.
October 29, 2024
Thousands of German workers launched nationwide strikes to press for higher wages on Tuesday, compounding problems for companies worried about
October 29, 2024
Top Adidas shareholder Groupe Bruxelles Lambert has cut its stake in the German sportswear company to 3.51%, Adidas announced in filings on Tuesday.
October 29, 2024
HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors
October 29, 2024
Europe's main stock index closed higher on Monday as gains across most sectors outweighed the weakness in energy stocks on a slide in oil prices, with
October 28, 2024
South African-born billionaire businessman Elon Musk worked illegally in the United States during a brief period in the 1990s while building a startup company, the Washington
October 26, 2024
China Evergrande New Energy Vehicle said on Friday that its potential sellers have decided to cease talks for a stake sale in the company, which is the electric vehicle unit of the debt-
October 25, 2024
New orders for key U.S.-manufactured capital goods increased more than expected in September, though business spending on equipment probably slowed marginally
October 25, 2024
German Finance Minister Christian Lindner's Free Democrats (FDP) are organising their own economic summit next Tuesday, the same day Chancellor Olaf Scholz has invited business
October 25, 2024
The last Kmart on the U.S. mainland sits alone at the west end of a suburban Miami shopping center, quiet and largely ignored
October 25, 2024
Keurig Dr Pepper will buy energy drink maker Ghost for more than $1 billion
October 24, 2024
European Union leaders will set multiple deadlines for a deeper single market, more capital for investments and a unified energy market, according to draft
October 24, 2024
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday
October 24, 2024
A new study finds that immigrants contribute about $2.2 trillion annually to the US economy, and that might be an undercount.
October 24, 2024
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a billion-euro antitrust penalty
October 24, 2024
Euro zone business activity stalled again this month, remaining in contractionary territory as demand from both home and abroad fell despite firms barely increasing
October 24, 2024
French technology group Atos has received approval from the Nanterre Commercial Court for its proposed accelerated restructuring plan, the company said on Thursday.
October 24, 2024
London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter after strong growth in its capital markets
October 24, 2024
Australia's WiseTech Global said on Thursday that Chief Executive Richard White will step down, an announcement that follows media reports of allegations about his personal
October 24, 2024
Nvidia will supply artificial intelligence processors to Indian companies such as Mukesh Ambani's Reliance Industries, the chip giant said
October 24, 2024
Growth in India's business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a
October 24, 2024
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports
October 24, 2024
Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, to raise $409.2 million, the technology distributor said.
October 23, 2024
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and
October 23, 2024
Nearly 80 members of Congress, including the Senate's top two Democrats, on Wednesday urged automaker Stellantis to honor investment commitments
October 23, 2024
Hugging Face on Wednesday said it is releasing a new open-source software offering with Amazon.com, Alphabet's Google and others aimed at lowering the costs for building
October 23, 2024
How Eva Longoria quietly saved ‘John Wick’
October 23, 2024
Starbucks reveals what an enormous mess its new CEO has to clean up
October 23, 2024
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a "fundamental culture change" at the
October 23, 2024
Tesla will start selling its Powerwall home battery system in Japan through electronics store chain Yamada Denki, the Nikkei business daily reported on Wednesday.
October 23, 2024
The European Union lags far behind the United States and China in investing in artificial intelligence, the CEO of AI chipmaker Nvidia said on Wednesday.
October 23, 2024
A growing chorus of Russian industrial companies and lobby groups are complaining of prohibitively high interest
October 23, 2024
Apple CEO Tim Cook met on Wednesday with China's Minister for Industry and Information Technology Jin Zhuanglong during a visit to Beijing this week, the
October 23, 2024
Boeing factory workers have voted 64% against the company’s latest contract offer and to continue a six-week strike that has halted production of the aerospace giant’s bestselling jetliners
October 22, 2024
Giant cooling towers at Constellation Energy's Three Mile Island nuclear plant in Pennsylvania have sat dormant for so long that grass has
October 22, 2024
German Chancellor Olaf Scholz promised on Tuesday to boost investment, attract skilled workers and cut red tape to revive growth in Europe's biggest economy, which is on track to
October 22, 2024
A legal battle between the Australian CEO of logistics software maker WiseTech and a woman reported by local media to be his former lover has been settled, a court filing showed,
October 22, 2024
Shareholders of Grupo Argos and Grupo SURA, two of Colombia's largest conglomerates, on Monday gave their boards the green light to begin studying alternative
October 21, 2024
McDonald’s didn’t give Trump permission to serve fries. It didn’t need to
October 21, 2024
Artificial intelligence’s recent rise to the forefront of business has left most office workers wondering how often they should be using the technology and worried about whether a computer will eventually replace them
October 21, 2024
Dolce & Gabbana is not ready for an initial public offering but is prepared to consider it in the future, the Italian luxury group's chief executive said on Monday.
October 21, 2024
Major shakeup at Disney: Board chair is out. New CEO is coming soon
October 21, 2024
BuyBuy Baby is closing all of its stores – again
October 21, 2024
Microsoft will allow its customers to build autonomous artificial intelligence agents from next month, in its latest push to tap the booming technology amid growing investor
October 21, 2024
Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday.
October 20, 2024
Brazilian planemaker Embraer delivered 57 non-defense aircraft in the third quarter, up 33% from a year earlier, it said on Friday.
October 18, 2024
A group of Republican lawmakers is demanding a federal investigation into the U.S. consulting firm McKinsey over its work with the Chinese government and state-owned enterprises
October 18, 2024
American Express’ third-quarter profit topped analysts’ expectations as the credit card company’s cardholders continue to spend, with many holding a balance
October 18, 2024
Hong Kong's seasonally adjusted unemployment rate stood at 3% in July-September, unchanged from the previous three-month period, the government said on Friday.
October 18, 2024
Brazilian food retailer Assai said on Thursday it now forecasts it will open some 10 new stores next year, half the prior estimate of about 20, according to a securities filing.
October 17, 2024
The U.S. Federal Trade Commission is probing farm equipment maker Deere over the company's repair policies, according to a filing made public on Thursday.
October 17, 2024
A Vietnamese real estate tycoon has been convicted of fraudulently obtaining property worth billions of dollars and sentenced to life in prison in a case that has been a centerpiece of the government’s crackdown on corruption
October 17, 2024
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, according to two sources with direct
October 17, 2024
U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce,
October 17, 2024
What Boeing’s massive financial crisis means for you
October 16, 2024
A federal judge on Tuesday ordered Boeing and the U.S.
October 15, 2024
Mexican officials say companies have pledged $20 billion in new foreign direct investment in Mexico
October 15, 2024
Donald Trump’s two Scottish golf courses, into which he has pumped hundreds of millions of dollars over the past two decades, continued to burn cash in 2023, accounts published on Tuesday
October 15, 2024
Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars
October 15, 2024
Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience
October 15, 2024
CNN contributor Kara Swisher gives her take on Elon Musk's announcement of Tesla's "Robovan" and "Cybercab" vehicles.
October 15, 2024
U.S. stocks pulled back from their records as the price of crude oil tumbled again and technology stocks faltered
October 15, 2024
Hong Kong is expected to announce measures to boost the city's economy in its annual policy address on Wednesday, including slashing liquor tariffs, as it seeks
October 15, 2024
Legendary Entertainment on Monday said it had completed a buyout of Chinese conglomerate Dalian Wanda Group's remaining stake in the movie studio and will be wholly owned by Apollo Global.
October 14, 2024
What is open and closed on Indigenous Peoples’ Day 2024
October 13, 2024
Macao’s former top judge has been chosen the Chinese casino hub’s next leader
October 12, 2024
New Croc clogs mean matching togs for your dogs
October 12, 2024
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion
October 12, 2024
Tesla's reveal of a robotaxi designed as a low-slung, two-seater, sporty coupe - quite the opposite of a typical taxi with room for several
October 12, 2024
Cheryl Bernatowicz joins The Lead
October 11, 2024
U.S. consumer sentiment slipped in October amid lingering frustration over high prices, a survey showed on Friday.
October 11, 2024
Suspect in German Christmas market attack held on murder charges
Italy PM says EU will not allow Russia, others to endanger security through immigration
Stampedes in Nigeria leave at least 32 dead in a rush to get Christmas gifts
Lindsey Vonn to resume her comeback in St. Anton in January after St. Moritz race canceled
Lindsey Vonn's 2nd World Cup race back from retirement is canceled due to poor weather in St. Moritz
Turkey says it believes Kurdish fighters will be forced out of all Syrian territory
Japan's antitrust watchdog to find Google violated law in search case, Nikkei reports
Starbucks workers expand strike in US cities including New York
Isolated Chicago communities secure money for a coveted transit project before Trump takes office
Caitlin Clark effect hasn't reversed the decades-long decline in girls basketball participation