Shell Sees LNG Demand Up at Least 50% by 2040
Shell said it expected global demand for liquefied natural gas to grow beyond 2040, driven by industry in China and...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Sony Group Reports Profit Rise, Starts Preparing for Financial Unit's Spinoff
Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses,...
Jeff Bezos Sells Amazon Shares Worth Over $2 Billion
Jeff Bezos has sold a stake valued at $2.08 billion in Amazon, according to a U.S. Securities and Exchange Commission...
Michelin to Buy Back Shares After Flat 2023 Earnings
The French tire maker said the share buyback could be worth up to €1 billion over the 2024-2026 period. It...
Former FirstEnergy Executives and Former Public Utility Official Indicted in Ohio
Former state utilities head Samuel Randazzo was accused of receiving more than $4.3 million from FirstEnergy and its affiliates to...
CymaBay Therapeutics Shares Hit All-Time High on Gilead Deal
CymaBay Therapeutics shares jumped nearly 25% and hit a new record high in early trading after the clinical-stage biopharmaceutical company...
Permian Rivals Reach Deal to Create $50 Billion Oil-and-Gas Behemoth
Diamondback Energy and Autry Stephens’s Endeavor announce merger as torrid dealmaking continues in the oil patch. Source link
Atos Hit as S&P Downgrades Again
Atos shares fell after S&P lowered its ratings for the third time in less than a year, saying the IT...
EQT Consortium Launches Bid For France's Believe
A consortium of investors including EQT have agreed to a €1.5 billion takeover of French digital music company Believe. Source...
Can the U.S. Break China's Grip on Solar?
China controls the bulk of the world’s solar supply chain. Now, the U.S. is trying to build its own. It...
Gas Stoves, Dishwashers and Dryers—the Growing Energy Battle Over Appliances
Appliance manufacturers say energy-saving efforts are pushing the limits of physics. Others say pressure spurs innovation. Source link
Elon Musk Isn't the Only Billionaire Fighting Delaware's Grip on U.S. Business
Companies tend to register in their home states or in Delaware—but states like Nevada and Texas are attracting powerful shareholders...
The Priciest Shareholder Fight Ever Is Headed to Disney's Boardroom
More than $70 million could be spent in bid to win everyday investors’ votes. Source link
The Frantic Blitz to Figure Out Sports Streaming
Disney, Fox and Warner’s venture to bundle live sports content—the latest hit to traditional cable packages—needs to cover high costs...
The Spend, Spend, Spend Strategy Behind Temu's Rapid Ascent in America
The China-backed company’s rise as one of America’s most popular places to shop is powered by its ultracheap goods and...
The World's Smartest Young Minds Just Cracked a 2,000-Year-Old Mystery
These ancient papyrus scrolls went unread for millennia. Then came a $1 million competition for AI geeks. Source link
We're Not Eating Enough Bacon, and That's a Problem for the Economy
The American pork industry has become so efficient that demand can’t keep up with supply. In search of solutions, farmers...
Amazon's Prime Video Gets Exclusive NFL Playoff Game Next Season
Amazon will stream its first-ever NFL playoff game next season exclusively on its Prime Video service, people familiar with the...
Owens Corning to Buy Masonite International in $3.9 Billion Deal
Owens Corning, a Toledo, Ohio, maker of building and construction materials, said the addition of Masonite’s doors business creates a...
Hermes Weathers Sector Slowdown as Sales Surge
Hermes said it is moving into 2024 with confidence after the Birkin bag maker reported a surge in fourth-quarter sales...
