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Apr 23, 2024
Pickup trucks and resilient consumer spending powered GM's 24% increase in quarterly profit, but China remains a trouble spot.
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Apr 23, 2024
Primark owner AB Foods raised its dividend and said it expects a significant rise in full-year profit after its budget retailer delivered robust margins and higher earnings.
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Apr 23, 2024
JD Sports is buying Hibbett in a deal that values the American retailer at $1.1 billion, doubling down on its push into the U.S. at a challenging time for the sports-retail market.
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Apr 23, 2024
Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.
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Apr 23, 2024
Nidec Corp. reported a fourth-quarter net loss on restructuring expenses for its electric-vehicle traction motor business as severe competition disrupts the EV market in China.
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Apr 23, 2024
Primark owner AB Foods reported a higher profit for the first half, benefiting from some normalization of its markets and in the supply chain despite sales coming in below expectations.
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Apr 23, 2024
DNB Bank's first-quarter earnings beat forecasts, helped by a positive trend in the corporate market and a resilient Norwegian economy.
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Apr 23, 2024
Renault confirmed its guidance for 2024 after its group revenue rose in the first quarter on higher sales, but revenue from its cars division fell slightly on unfavorable exchange rates.
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Apr 23, 2024
Akzo Nobel reported a growth in revenue and adjusted earnings for the first quarter that exceeded expectations, with higher volumes helping its top line, and backed its outlook for the year.
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Apr 23, 2024
Shares of Chinese bubble tea maker Sichuan Baicha Baidao Industrial slumped on lukewarm demand and comes ahead of planned listings by tea rivals Mixue Ice Cream & Tea and Guming.
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Apr 23, 2024
Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.
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Apr 22, 2024
Buyout firm Affinity Equity Partners has started the sale process of one of Malaysia's largest healthcare providers, valued at more than $800 million, people familiar with the process said.
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Apr 22, 2024
The antitrust regulator says Tapestry's purchase of Capri Holdings hurts competition among affordable luxury handbag sellers; Companies vow to defend merger.
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Apr 22, 2024
Honda Motor is nearing a deal to assemble EVs and components in Canada, with the government agreeing to partly offset the Japanese auto maker's capital costs through recently unveiled tax breaks.
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Apr 22, 2024
Aaron LaBerge will become chief technology officer of Penn Entertainment.
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Apr 22, 2024
Vista says MNC's current proposal isn't superior to its agreement with Czech defense company CSG.
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Apr 22, 2024
Kroger and Albertsons have agreed to sell over 160 additional stores in a divestiture package, a bid to appease competition regulators and close their long-pending merger.
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Apr 22, 2024
The price cuts came as sales of electric and hybrid vehicles in China surpassed those of traditional cars for the first time.
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Apr 22, 2024
Verizon Communications' revenue was up slightly in the first quarter as the company lost fewer postpaid phone connections than expected and benefited from higher prices for its plans.
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Apr 22, 2024
Embracer said it planned to split into three separately listed companies in a move aimed at shoring up investors' support amid stubbornly high debt.
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Apr 22, 2024
CVC has priced its IPO implying a market valuation of up to $16 billion and said it planned to raise €250 million.
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Apr 22, 2024
Hipgnosis, home to the catalogue of artists such as Neil Young, Shakira and Red Hot Chili Peppers, said it received a $1.5 billion approach from Blackstone that it would be prepared to recommend if a formal offer was made.
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Apr 22, 2024
Organizers are raring for "the real fight" after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.
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Apr 21, 2024
Nissan Motor shares fell sharply after The Japanese automaker lowered its estimate for fiscal year net profit, partly due to slower car sales.
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Apr 21, 2024
Shoe giant stumbled as CEO John Donahoe pulled away from retailers and relied on old hits. Now it says it's refocusing on cutting-edge footwear for athletes.
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Apr 21, 2024
Air New Zealand warned on profits as it grapples with revenue headwinds in its home market and in North America.
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Apr 21, 2024
The deal for the data-management software firm would have ranked among Salesforce's largest.
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Apr 21, 2024
South32 expects it will take around a year to restart manganese ore exports from Australia following cyclone damage, unless it can find an alternative shipping option.
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Apr 21, 2024
Google's dismissal of protesting workers is the latest example of employers pushing back against pressure tactics by staff.
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Apr 21, 2024
These climate-friendly heating-and-cooling systems are drawing support from states, cities, utilities and developers.
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Apr 21, 2024
Despite repeated price increases, the burrito chain is outperforming restaurant competitors with customers who tend to have higher incomes and be health conscious.
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Apr 21, 2024
Dozens of firms change what and how they report on their diversity initiatives as DEI programs come under legal and political threat.
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Apr 20, 2024
A successful drive at a VW plant in Tennessee has organizers eyeing gains in a fast-growing region that has historically been inhospitable to unions.
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Apr 20, 2024
Ultraexclusive conferences are booming. In Sicily, Aspen and Stockholm, Elon Musk and Margot Robbie mingle with bank leaders and media moguls. ‘There's always another VIP level.
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Apr 19, 2024
The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories.
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Apr 19, 2024
A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races.
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Apr 19, 2024
The companies are in exclusive merger talks. Skydance expects a surge in growth in coming years.
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Apr 19, 2024
The FAA issued a directive to ensure minimum rest periods for controllers as a study said more changes are needed to avoid safety risks.
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Apr 19, 2024
The National Highway Traffic Safety Administration says the Cybertruck's accelerator pedal pad might dislodge and get trapped, causing the vehicle to accelerate unintentionally.
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Apr 19, 2024
Much of Chief Executive David Zaslav's compensation was tied to free cash flow, which soared amid cost-cutting efforts.
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Apr 19, 2024
Renewable power is used to produce hydrogen, which is stored in underground caverns until it is needed for green energy.
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Apr 19, 2024
China's securities regulator released a series of measures to boost trading with Hong Kong, the country's latest move to shore up investor confidence after recent stock-market volatility.
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Apr 19, 2024
Performers are sharing concerns over benefits, health and safety as they work to form a union.
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Apr 19, 2024
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than previously expected due to heightened competition.
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Apr 19, 2024
The confirmation from Schneider came after The Wall Street Journal reported the French company was in talks to take control of Bentley in a deal that could be worth more than $15 billion.
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Apr 18, 2024
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.
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Apr 18, 2024
Light beer, air freshener, spicy pretzels: It's all part of a marketing push to improve our mood.
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Apr 18, 2024
The regulator and airline are looking into how a person traveling with the baseball team was seen in the cockpit during a charter flight from Denver to Toronto.
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Apr 18, 2024
The streaming giant said it would continue to diversify its slate and product features as it added 9.33 million subscribers in the first quarter.
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Apr 18, 2024
Industry Minister François-Philippe Champagne has criticized Canada's three biggest grocery companies—Loblaw, Metro and Empire—for failing to be transparent on the causes of food inflation.
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Apr 18, 2024
The electronics contract manufacturer said the conduct in question doesn't relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO.
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Apr 18, 2024
The department-store chain has formed a special board committee and tapped bankers to consider a potential bid.
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Apr 18, 2024
The Barcelona-based beauty company—which also owns the Carolina Herrera, Paco Rabanne and Nina Ricci fashion houses—has set the price range at €22.00 to €24.50 a share.
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Apr 18, 2024
First question: Which country leads the way in EVs?
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Apr 18, 2024
Ericsson has laid off 240 employees in China, part of a restructuring in the country that will affect one of its largest research hubs globally.
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Apr 18, 2024
EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.
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Apr 18, 2024
Hipgnosis Songs Fund has agreed to a $1.4 billion takeover by Concord Chorus, which is owned by Alchemy Copyrights.
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Apr 18, 2024
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
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Apr 18, 2024
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
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Apr 18, 2024
ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.
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Apr 18, 2024
Nokia posted first-quarter earnings that beat expectations and said the period marked the low point in mobile networks demand, with activity expected to progressively pick up through the remainder of 2024.
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Apr 18, 2024
Danone said it expected like-for-like sales growth of between 3% and 5% in 2024, and confirmed it anticipated a moderate improvement in recurring operating margin.
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Apr 17, 2024
Esprit shares surged after the troubled fashion retailer said it was on the cusp of winning investment from an international private-equity group.
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Apr 17, 2024
Staff went undercover on Walmart, eBay and other marketplaces as a third-party seller called ‘Big River.' The mission: to scoop up information on pricing, logistics and other business practices.
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Apr 17, 2024
The intentions, revealed in a public filing, come after the once-hot company's share price closed at a new low and its enterprise value fell below zero.
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Apr 17, 2024
BHP Group maintained its annual iron-ore production guidance after third-quarter volumes fell by 7% compared with the prior three months.
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Apr 17, 2024
Santos said its oil and natural gas production fell by 7% in its latest quarter, after its operations were disrupted by bad weather and planned maintenance.
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Apr 17, 2024
The multibillion-dollar compensation deal was previously struck down in court.
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Apr 17, 2024
Uri Berliner is suspended after criticizing NPR in another outlet. "I've been hammering away at these things for years…and nothing has changed."
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Apr 17, 2024
The carrier says there might be residual delays throughout the day Wednesday.
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Apr 17, 2024
The $55.8 billion compensation deal was previously struck down in court.
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Apr 17, 2024
Apple heads this list from the Management Top 250, followed by Microsoft and Alphabet
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Apr 17, 2024
More company boards are doing just that. But the key is to do it right.
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Apr 17, 2024
A former quality manager will provide written testimony that will be part of a congressional hearing Wednesday.
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Apr 17, 2024
Uri Berliner is suspended after criticizing NPR in other outlet. "I've been hammering away at these things for years…and nothing has changed."
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Apr 17, 2024
Volkswagen and XPeng have a new framework deal to co-develop electrified and digitized architecture to be used in VW brand EVs produced in China.
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Apr 17, 2024
EP, the industrial group owned by Czech billionaire Daniel Kretinsky, didn't say what price was indicated or give any other terms of the approach, but said it looked forward to continuing to engage with the IDS board.
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Apr 17, 2024
Tesla asked shareholders to vote on Musk's compensation package and moving its state of incorporation from Delaware to Texas.
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Apr 17, 2024
ASML reported lower orders for the first quarter as chip makers wait for demand to recover before securing key production equipment for the coming years.
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Apr 17, 2024
The union is aiming to use the momentum from Detroit deals to expand in the South by organizing a plant owned by a foreign automaker.
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Apr 17, 2024
The union is aiming to use the momentum from the Detroit deals to expand in the South by organizing a factory owned by a foreign automaker.
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Apr 17, 2024
Just Eat Takeaway.com reported a decline in gross transaction value on lower orders for the first quarter and backed its full-year profit guidance.
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Apr 17, 2024
Vinci has bought a majority shareholding in Edinburgh Airport for around $1.6 billion, expanding its network in the U.K. to three airports.
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Apr 17, 2024
Volvo posted forecast-beating first-quarter earnings after price increases continued to feed through, helping offset normalizing truck orders and generally declining demand for construction equipment.
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Apr 17, 2024
Australia's richest person increased her stake in Lynas Rare Earths, prompting the miner's shares to jump more than 5%.
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Apr 16, 2024
SK Networks plans to sell its car rental business to an Asian private-equity firm, a move that would help the South Korean company pare its debt and focus on growing its artificial-intelligence business.
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Apr 16, 2024
Rio Tinto maintained its 2024 guidance after the mining giant reported a 10% fall in first-quarter iron-ore shipments.
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Apr 16, 2024
The healthcare and insurance company expects the attack to hit its full-year earnings.
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Apr 16, 2024
The video game maker said the cost-cutting moves are expected to be finished by the end of the year.
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Apr 16, 2024
The pause is the latest issue for the carmaker, which recently announced job cuts.
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Apr 16, 2024
Revenue for the first three months of the year came in at €20.69 billion, down 2%.
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Apr 16, 2024
Adidas raised its revenue and profit expectations after a better-than-anticipated first quarter.
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Apr 16, 2024
The healthcare and insurance company expects the attack to hit its full-year earnings.
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Apr 16, 2024
Appliances with batteries are designed to keep working when the power goes off. Some researchers believe they also could help prop up the electrical grid.
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Apr 16, 2024
The fitness center franchiser and operator said Keating succeeds Craig Benson, who was serving as chief executive on an interim basis.
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Apr 16, 2024
The number of users of Baidu's Ernie Bot, China's most popular ChatGPT-style chatbot, has doubled in recent months to more than 200 million, according to the company.
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Apr 16, 2024
Dr. Martens shares plummeted after the iconic British footwear and clothing brand said Chief Executive Officer Kenny Wilson plans to step down and warned of a challenging year ahead.
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Apr 16, 2024
International Paper has agreed to buy London-listed peer DS Smith for roughly $7.2 billion in an all-share deal, outgunning a rival bid from Mondi to form a global packaging leader.
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Apr 16, 2024
Beiersdorf upgraded its full-year sales expectations after reporting a 10% revenue rise in its core consumer business in the first quarter.
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Apr 16, 2024
Ericsson expects the mobile-network market to continue falling at least through the end of this year, as customer spending remains cautious and investments in India slow further.
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