Business news

Stellantis shares tumbled on Friday after the carmaker booked charges of around 22.2 billion euros ($26.5 billion) in the second...

South Korea's LG Energy Solution on Friday said it plans to buy the 49% stake held by Stellantis in their battery joint venture in...

Toyota on Friday named finance chief Kenta Kon, a close ally and former secretary of Chairman Akio Toyoda, as its next chief executive to...

Hims & Hers sent a shockwave through the pharmaceutical industry on Thursday with its announcement of a weight-loss pill with a...

Years after the pandemic, the aviation industry is still struggling to recover from supply chain disruptions that have been exacerbated by record...

Peloton Interactive forecast third-quarter revenue below Wall Street estimates on Thursday, citing weak demand for its fitness equipment, sending...

Thomson Reuters forecasts 2026 revenue growth of 7.5% to 8% AI investments yield tangible benefits, says CEO Hasker Generative AI 28% of Thomson...

Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, said on Thursday it plans to cut up to 200 jobs globally...

Estee Lauder raised its annual targets but still fell short of Wall Street expectations as sluggish demand in the Americas weighed on the...

Bharti Airtel, India’s second-largest mobile carrier by number of users, posted its seventh straight quarterly profit rise on Thursday, as...

Life Insurance Corporation of India's posted a 17% jump in third-quarter profit on Thursday, benefiting from tax cut-driven retail demand,...

Indian drugmaker Alembic Pharmaceuticals on Thursday reported lower third‑quarter profit on Thursday after taking a one-time charge linked to...

Feb 5 (Reuters) - IndiGo said on Thursday that it is reviewing the order from India's antitrust regulator and will take...

Indian Oil Corp (IOC), the country's top refiner, reported a more than four-fold jump in third-quarter profit on Thursday, boosted by...

ASE Technology Holding, the world's largest chip packaging and testing provider, said on Thursday that it expects its advanced packaging...

Sweden's Saab raised its medium-term sales growth target on Thursday as European defence companies continue to benefit from a surge in...

Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology,...

Danish obesity drug maker Novo Nordisk's new CEO risks being on the losing side of a damaging price war as "unprecedented" price...

Fox Corp topped Wall Street estimates for quarterly revenue on Wednesday, buoyed by strong advertising demand at its news and sports networks...

Shares of burrito chain Chipotle Mexican Grill fell 6% and Mondelez International slid 3% before the bell on Wednesday, as dour annual...

Panasonic Holdings said on Wednesday third-quarter operating profit for its energy unit, which makes batteries for Tesla, fell 3.5% from a...

Persil-owner Henkel said on Wednesday it agreed to buy specialty coatings company Stahl for 2.1 billion euros ($2.5 billion) from Stahl...

A surge in demand for artificial intelligence applications is straining supply chains and driving up costs, Taiwan's top chip design company...

Advanced Micro Devices shares fell nearly 7% in premarket trading on Wednesday after the chipmaker's lackluster quarterly sales forecast...

The Indonesia Stock Exchange has release draft regulations on Wednesday stipulating minimum free float requirements for new share listings, as it...

Italy's Leonardo and India's Adani Defence & Aerospace have signed a preliminary agreement to launch a helicopter manufacturing...

Singapore kicked off Asia's biggest aviation gathering on Tuesday as the industry looks to meet ambitious regional growth targets despite...

Danish wind farm operator Orsted said on Tuesday it had agreed to sell its European onshore renewables business to private equity group Copenhagen...

China's Eastroc Beverage , a maker of energy drinks, made a muted Hong Kong trading debut on Tuesday after raising about $1.3 billion in a...

Australia's Qantas Airways will sell its stake in low-cost carrier Jetstar Japan as the flagship airline moves away from its budget...

Electric-vehicle maker Tesla has introduced a new all-wheel drive variant of its bestselling Model Y SUV in the United States, priced at...

Oklahoma City-based Devon Energy and Houston's Coterra Energy are merging in an all-stock deal to become a large-cap producer with a...

U.S. meatpacker Tyson Foods reported higher-than-expected quarterly earnings on Monday, as increased demand for its chicken products...

Indian e-scooter manufacturer Ather Energy's quarterly loss more than halved from a year earlier, helped by a jump in sales during the...

Electric vehicle maker Polestar said on Monday it has secured a $400 million equity investment from Feathertop Funding Limited, a special...

Alibaba said on Monday it will spend 3 billion yuan ($431 million) to attract users to its Qwen AI app during the Lunar New Year holiday,...

Elon Musk fans and the man himself have long mused about Musk Inc, a merger of companies owned by the world's richest man. But with...

Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, hurt by lower production and a drop in crude...

Caixabank on Friday said it expects lending income and profits to rise this year and next, driven by stronger loan growth as...

India's Bharat Petroleum Corp (BPCL) is scouting global opportunities, ranging from acquisitions to strategic investments in solar, wind...

A transatlantic rift and jittery markets may be unnerving investors, but the aircraft leasing giants that own half the global fleet say...

Chevron's fourth-quarter profits fell but came in ahead of estimates as it focused on cutting costs and making its operations more...