Archegos Founder Bill Hwang Sentenced to 18 Years in Prison
His firm’s collapse wiped $100 billion in market value, prosecutors said. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Financial Services Roundup: Market Talk
Find insight on DNB Bank, UOB, EFG International and more in the latest Market Talks covering financial services. Source link
Target Shares Plunge on Earnings Miss
The retailer says spending remains sluggish for apparel, TVs and home goods. Source link
STMicroelectronics Sees Slowing Sales Growth Amid Chip Market Woes
The Tesla supplier expects more than $20 billion in sales by the end of the decade, delaying a target it...
Financial Services Roundup: Market Talk
Find insight on CaixaBank, Computershare, Manulife Financial and more in the latest Market Talks covering Financial Services. Source link
Energy & Utilities Roundup: Market Talk
Read about oil prices, TC Energy, Endesa and more in the latest Market Talks covering Energy and Utilities. Source link
Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets....
Basic Materials Roundup: Market Talk
Find insight on Orica, ArcelorMittal and more in the latest Market Talks covering Basic Materials. Source link
Energy & Utilities Roundup: Market Talk
Find insight on Tidewater Renewables, Mattr, Infratil, and more in the latest Market Talks covering Energy and Utilities. Source link
Auto & Transport Roundup: Market Talk
Read about Alstom, Wizz Air, ComfortDelGro, and more in the latest Market Talks covering the Auto and Transport sector. Source...
Financial Services Roundup: Market Talk
Find insight on Generali, Computershare, Royal Bank of Canada and more in the latest Market Talks covering Financial Services. Source...
GM Cuts 1,000 More Jobs as EV Push Continues
General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the...
Conan O'Brien to Host the Oscars
The former late-night host will succeed Jimmy Kimmel, an Academy Awards regular. Source link
Lilly Sues U.S. to Change Hospital Drug Discount Payments
The lawsuit is the second by a large drugmaker in recent days challenging how it provides required discounts to certain...
Alibaba Revenue Misses Views Amid Weaker Chinese Economy, Competition
Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter....
Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing...
Generali's Natural Catastrophe Hit Offset By Better Performance
The insurer reported better-than-expected profit on higher gross written premiums and net inflows from its life business. Source link
Aegon Lifts Outlook, Launches $158 Million Buyback
The financial services company raised its full-year guidance and said it expected to start buying back shares in January. Source...
Hyundai Motor Appoints First Foreign CEO as It Pushes Into North America
Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the...
Nissan Becomes Activist Investor's Next Japanese Target
Effissimo Capital Management says it has built a stake days after the carmaker unveiled sweeping restructuring and cost-cutting plans. Source...
