Stellantis Falls as Executive Shake-Up Fails to Calm Nerves
Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings...
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Energy & Utilities Roundup: Market Talk
Woodside Energy and more in the latest Market Talks covering Energy and Utilities. Source link
Sanofi in Talks to Sell Controlling Stake in Consumer Health Arm to CD&R
The French drugmaker said the negotiations are for a potential sale of a 50% controlling stake in Opella. Source link
Auto & Transport Roundup: Market Talk
RENK Group, Delta Air Lines and more in the latest Market Talks covering the Auto and Transport sector. Source link
Financial Services Roundup: Market Talk
Man Group, Toronto-Dominion and more in the latest Market Talks covering Financial Services. Source link
Nippon Steel to Sell Stake in Calvert JV to ArcelorMittal in Push for U.S. Steel Deal
ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to...
After Years of Increases, Companies Are Rolling Back Prices
Businesses that sell a range of products from IKEA sofas to Air Jordan sneakers have said in recent weeks that...
Korea Zinc Raises Buyback Offer to Stop Takeover Bid
The South Korean company raised its share-buyback offer to frustrate a takeover bid by private-equity firm MBK Partners, in a...
Musk Shows Off Driverless Robotaxi to Be Priced Under $30,000
The electric-car maker also unveiled a second vehicle, a Robovan, designed to shuttle up to 20 people at a time....
Jeep-Maker Stellantis Outlines CEO Succession Plan, Management Shake-Up
The automaker’s CFO and North America chief are stepping down amid its U.S. troubles. Source link
This Chinese Miner Dominates Global Cobalt Supply. The U.S. Is Crying Foul.
With its rapid expansion in Africa, CMOC has seized the lead position in the metal used in EV batteries and...
Companies Are Scrapping or Rolling Back DEI Grants
A pullback in aid for Black- and Hispanic-owned small businesses follows litigation from activists. Source link
Chinese Brokerages' Merger Details Power Their Shares Higher
Shares of Guotai Junan Securities and Haitong Securities rose sharply after releasing details of their merger to form China’s biggest...
McDonald's Is Bringing Chicken to the Big Mac
The twist on the flagship sandwich shows how fast-food companies are adding more of the protein to their menus. Source...
CBS Interview on Israel Triggers Fight at Network; Shari Redstone Weighs In
An anchor critiqued Ta-Nehisi Coates’s new book, and Paramount’s controlling shareholder objected to how the network handled the matter. Source...
Basic Materials Roundup: Market Talk
Read about Rio Tinto, Press Metal Aluminium and more in the latest Market Talks covering Basic Materials. Source link
European Beverage Stocks Fall After China Imposes Brandy Tariffs
China plans to impose provisional antidumping tariffs on European brandy, ranging from 30.6% to 39%, and reversing from an earlier...
Vodafone, Google Expand Partnership With Billion-Plus Dollar Deal
The partnership aims to extend the use of devices powered by generative AI, through Google’s Gemini models, to Vodafone’s customers...
OMV Earnings Face Production Hit on Libya Unrest
The Austrian energy company said growing security concerns in Libya hampered third-quarter earnings, along with weaker oil prices and refining...
Decision Time for GM in China: Stay, Scale Back or Go
The country’s sharp shift to EVs and stronger local competition have deflated a key profit engine for the U.S. automaker....
