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....
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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...
Catapult Sees No Tariff Impact Following Manufacturing Move
The company recently completed the relocation of its manufacturing operations from China to Thailand. Source link
Lenovo Builds on AI Momentum With Earnings Beat
The PC maker’s earnings grew faster than expected, as Lenovo began to reap benefits from its bets on artificial intelligence....
Arnault Son Climbs LVMH's Top Ranks in Further Leadership Reshuffle
Alexandre Arnault, a son of Chairman Bernard Arnault, is being elevated to deputy CEO of the luxury group’s vast wines-and-spirits...
NHTSA Fines Ford With Its Second-Largest Penalty in History for Delaying Recalls
The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner....
Ben & Jerry's Sues Unilever, Alleging It Was Censored Over Gaza
In escalation of long-running tensions, the ice-cream brand says its parent company blocked statements in support of Palestinian rights. Source...
The Onion Is Buying Alex Jones's Infowars Site
The satirical website joined with families who lost children in the Sandy Hook massacre to acquire Infowars Source link
Basic Materials Roundup: Market Talk
Find insight on Hudbay Minerals, gold futures and more in the latest Market Talks covering Basic Materials. Source link
Auto & Transport Roundup: Market Talk
Find insight on Volvo, Singapore Airlines and more in the latest Market Talks covering the Auto and Transport sector. Source...
Amazon Launches 'Haul' to Sell Low-Priced Items to Compete with Temu, Shein
All items on Haul will be priced at $20 or less and take up to one or two weeks for...
John Malone Moves to Simplify Empire with Liberty Live Spinoff
Liberty Media’s CEO will step down as the company splits its Live Nation and Quint holdings from the motor sport businesses....
Verizon's Takeover of Frontier Set to Clear Shareholder Vote
The $9.6 billion deal would expand Verizon’s fiber network to a size that would rival major competitors such as AT&T...
Exxon Says Trump Should Keep U.S. in Paris Climate Pact
In an interview, Exxon Mobil CEO Darren Woods says President-elect Trump’s plan to pull U.S. out of the Paris agreement...
23andMe Lays Off 40% of Staff, Shuts Drug Development Business
The genetics company is closing a unit that was once seen as core to its future. Source link
Aristocrat to Sell Palarium Mobile Gaming for Up to $820 Million
Aristocrat Leisure will sell its Palarium Global mobile-gaming unit to Sweden’s Modern Times Group as the Australian gaming company increasingly...
