Business news

Walmart stuck to its conservative annual sales and profit targets on Thursday, as ​rising fuel costs drive value‑seeking shoppers to its...

Investors buying into SpaceX's nearly $2 trillion IPO are making a high-stakes wager that CEO Elon Musk can turn a fast-growing...

The pay deal reached between Samsung Electronics and its union is being hailed as a win for ​the company which gained key concessions and...

Stellantis set out a new 60 billion euro ($70 billion) business plan on Thursday that includes 60 new car models ​by 2030 - from combustion...

Samsung Electronics' shares surged on Thursday after it clinched ‌an 11th-hour deal with its South Korean union to avert a strike,...

Gazprom shares continued their slide on Thursday, pressured by the previous day's announcement that ​it would not pay a dividend on...

Target raised its annual sales growth forecast ​for the first time in two years, but cautioned a tough macro environment ahead, as the...

Indian auto-parts maker Samvardhana Motherson reported a rise in fourth-quarter profit on Wednesday, helped by ​stronger demand for its...

Shares in CSG rose more than 11% on Wednesday ​as solid quarterly numbers reassured investors, ‌helping the Czech defence group recoup...

Russia hopes to power its flagship GigaChat AI model with Chinese-made ​chips, Sberbank's CEO said during President...

Traders are pricing in a $355 ​billion swing in Nvidia's market value after the company reports first-quarter earnings on Wednesday,...

Any delays to increasing liquefied natural gas ​production capacity at ConocoPhillips' joint ventures with Qatar are likely to ‌be...

Germany began the sale process for Uniper on Tuesday, inviting potential bidders for what could ‌become one of Europe's biggest deals...

Indian Oil Corp, the country's top fuel retailer, is suffering a revenue loss of 617 rupees ($6.39) on the sale of ​a cylinder of liquefied...

ASML expects ‌to see the first products created on the company's new High-NA machines within ​months, the chief executive ​of the...

ArcelorMittal has raised about $667 million (573 million ‌euros) from a secondary share sale of a 10% stake in French steel ​tubes maker...

Stellantis' CEO Antonio Filosa will outline ​a new long-term strategy to investors on Thursday with a focus on reviving crucial U.S....

Global fund managers raised their allocation to equities by the most on record in May, driven ​by optimism over earnings growth and by the...

Standard Chartered raised a key profit metric on Tuesday that the bank expects ‌to achieve through deep headcount cuts and an expansion...

Europe's leading artificial intelligence firm, France's Mistral AI, said on Tuesday it has acquired Vienna-based Emmi AI for ​an...

A Hong ​Kong-based fund manager is launching a new hedge fund to tap rising investor interest ‌in Asian artificial intelligence stocks, with a...

U.S. banking giant Citigroup and BlackRock's HPS Investment Partners have partnered on a 15 billion euro ($17.48 ​billion) private...

Lululemon Athletica sought to settle its bitter proxy fight with ​Chip Wilson as recently as last week but ‌baulked at what it said were...

NextEra Energy will buy Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world's largest...

Birkenstock is falling out of favor with investors who are abandoning hope that ​the sandal maker can scale into a luxury powerhouse. The...

Tesla chief Elon Musk said on Monday he expects fully self-driving cars without human safety monitors to become more widespread in the United...

Anglo American said on Monday it will sell its steelmaking coal mines in Australia to UK-based miner Dhilmar for ​up to $3.88 billion, exiting...

U.S. drill bit manufacturers are shifting to steel-based products to cut costs as ‌tungsten prices surge due to trade restrictions and tighter...

Inter IKEA, which franchises the Swedish budget home furniture brand in 63 ‌countries, is laying off 850 workers in a cost-cutting drive as...

Starbucks is laying off ‌300 U.S. corporate employees in its regional support offices as it seeks to return to "durable, profitable...

Japan's Inpex said on Friday it would buy PetroChina's 10% stake ​in the Browse gas fields offshore from Western Australia, the...

TSMC, the world's largest contract chipmaker, said ​on Friday it plans to sell ‌up to 152 million shares in Vanguard International...

LONDON, May 15 (Reuters) - Oil major BP is considering selling some of its natural ​gas assets in Egypt, four people ‌close to the matter...

Devyani International, the operator of KFC and Pizza Hut outlets in India, posted a smaller ​quarterly loss on Friday, as strong same-store sales...

Singapore Airlines will continue to grow ​its capacity, executives said on Friday, even as some of its biggest rivals like Cathay...

Alphabet has sold 576.5 billion yen ($3.6 billion) in yen-denominated bonds, a ​term sheet showed on Friday, the ‌largest-ever issue by a...

Jaguar Land Rover is targeting 1.7 billion pound ($2.3 ​billion) in cost savings over the next ‌two years after its Indian parent posted a...

Air India Group recorded a record loss of more than $2 billion for its 2025-26 fiscal year, according to shareholder Singapore...

SK Hynix is on the verge of topping a $1 ‌trillion market value, just weeks after Samsung Electronics crossed the milestone, as...

Taiwan's Foxconn, the world's largest contract electronics maker, reported on Thursday a 19% rise in first-quarter ‌profit versus the...

Honda Motor posted its ​first annual loss in nearly 70 years as a listed company on Thursday, hit by more than $9 billion in costs ‌to...

Regional banks raise provisions amid higher oil prices and economic uncertainty Some banks have set aside hundreds of millions of dollars to cover...