Financial Services Roundup: Market Talk
Man Group, Toronto-Dominion and more in the latest Market Talks covering Financial Services. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
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....
Why Pfizer Will Find It Hard to Appease Its Activist Investor
The drugmaker has cut costs already and has no coming product approvals or research that could offer a quick lift....
Cannae, KDSA Buy Majority Stake in The Watkins Company
Cannae, a Las Vegas-based company led by billionaire Bill Foley, includes holdings in the English Premier League team AFC Bournemouth,...
Big Oil Urges Trump Not to Gut Biden's Climate Law
Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction...
$200 Million 'Joker' Sequel Is a Box Office Bust
The expensive musical, ‘Joker: Folie à Deux,’ starring Lady Gaga and Joaquin Phoenix, hits the wrong note with critics and...
