Companies
Corporate news, earnings, deals, management and strategy.
1428 articles
Egypt Gold Wins Two MENA Awards for Phygital Precious-Metals Investment
Egyptian precious-metals firm Zahab Masr and Dr Fadi Kamel took two World Business Outlook MENA 2026 awards for their hy...
Emirates NBD to Acquire HSBC Egypt's Retail Banking Business
Emirates NBD Egypt has signed final agreements to buy HSBC Egypt's retail banking operations, including branches, ATMs, ...
Master Trusts Unite to Fix 'Slow, Costly' UK Pension Transfers
Eight master trusts managing £162.7bn are backing open standards and automation to replace error-prone manual transfers,...
Finance of America Pitches Reverse Mortgages as the Industry's 'Second Half' Opportunity
Finance of America urges lenders to turn aging borrowers into a new revenue line, arguing reverse home equity products c...
ICE Mortgage Tech Logs Best Quarter Since 2022; Parent to Buy MarketAxess for $5.7B
ICE Mortgage Technology posted $557M in Q2 revenue and an 8% operating margin, while parent ICE announced a $5.7B deal t...
Zepto Delays IPO After Public Investors Value It at Half Its $7 Billion Peak
Zepto is pausing its listing plans and raising private funds at about $4.5 billion after public investors valued the qui...
Hormel completes sale of Brazilian Ceratti business to Zanchetta
Hormel Foods finalised the sale of its Brazilian Ceratti meat brand to Zanchetta Alimentos, closing a deal first agreed ...
French Winemaker Bets on Argentina With Antucura Wellness and Real-Estate Club in Mendoza
Anne-Caroline Biancheri is turning her boutique Mendoza winery Antucura into a wellness and private residential club, wi...
India's Café Chains Absorb a Matcha Price Shock to Keep the Premium Drink Boom Alive
Matcha, hojicha and yuzu costs have jumped as much as 75%, but India's café chains are holding menu prices steady to pro...
Maine Pulp Mill Faces $794,456 in OSHA Fines After Two Worker Deaths
OSHA says Woodland Pulp exposed workers to fatal hydrogen sulfide and hydrogen peroxide hazards; the mill has 15 days to...
Wall Street Talent War Hits Litigation: Gibson Dunn Lures Wachtell Co-President Bill Savitt
Gibson Dunn poaches Wachtell co-president Bill Savitt and five partners, signaling the elite-lawyer talent war has reach...
AI Capex Splurge Burns Billions in Big Tech Cash — and Investors Are Buying In
Alphabet and Amazon posted negative free cash flow as AI infrastructure spending surged, yet double-digit cloud growth h...
Kroger settles wrongful death suit over dairy manager's suicide
Kroger has settled a wrongful death lawsuit filed by the family of a dairy manager who died by suicide in 2021, closing ...
Rivian Narrows Q2 Loss as Cheaper R2 SUV Hits the Road
Rivian's adjusted EBITDA loss narrowed to $379 million on revenue of $1.66 billion, beating estimates, as the company ra...
UK Pet Stocks Seek New Homes as CMA Remedies Move Ahead
A growing £7.2bn petcare market is colliding with the CMA's probe remedies, pushing listed pet businesses toward restruc...
US Fashion Firms Plan Broad Hiring Through 2031, but Just 10.5% Eye US-Made Sourcing
Nearly nine in ten US fashion companies plan to hire through 2031, yet barely one in ten sees US-made sourcing as a tari...
Maruti Suzuki logs record July sales as utility vehicles surge 49%
India's largest carmaker reported a 34% jump in July sales to 241,421 units, led by record domestic passenger-vehicle vo...
CCB Overtakes ICBC as China's Top Mutual Fund Custodian
New Wind data shows CCB edged past ICBC as China's largest public fund custodian, as ETF redemptions shrank ICBC's book ...
Apple Faces $360 Billion Market-Value Hit as Chip Shortage Clouds Outlook
Apple's shares slid more than 7% after it warned chip supply constraints would slow revenue growth, putting roughly $360...
Siemens Healthineers Cuts Sales Outlook on Lab Diagnostics Drag; Shares Slide
Siemens Healthineers lowered its comparable revenue growth target for fiscal 2025/26 after a soft third quarter, while r...
From Ski to Trail: How Rossignol Is Reshaping Its Business
Ski maker Rossignol is widening beyond winter sports into trail running to offset climate change, an aging customer base...
FIFA Drops Plan to Sell 20% Stake in World Cup Business After Confederations' Revolt
Gianni Infantino abandons a $4.2bn plan to sell part of FIFA's competition business after UEFA and other confederations ...
Novo Nordisk Sheds $30 Billion as Heart Drug Trial Fails, Derailing Diversification Hopes
A late-stage trial of Novo Nordisk's cardiovascular drug ziltivekimab failed to meet its primary goal, wiping out a pote...
Lloyds' £13 Billion AI Bet Reshapes UK Financials Landscape but Payoff Remains Unproven
Lloyds Banking Group's Accelerate 2030 plan marks the largest AI commitment by a UK financial group, yet no insurer or b...
Capital Group Acquires 1.5% Stake in IIFL Finance for ₹374 Crore from Fairfax India
US-based Capital Group bought a 1.5% stake in IIFL Finance for ₹374 crore via block deals, triggering a 2.4% stock rise....
Jawa Yezdi bets on young riders to ride mid-size motorcycle wave, eyes 10% market share
Classic Legends aims to double dealerships to 700 by FY28 and cross 10% share in the 350cc+ segment, tapping surging dem...
Dornbirn GFC 2026: New MD and Compact Innovation Day Mark 65th Edition
The fiber industry congress returns to Austria with a new managing director, a streamlined innovation format, and growin...
Bajaj Finance Shares Hit Fresh 52-Week High on 29% Q1 Profit Jump, Brokerages Turn Bullish
Bajaj Finance's Q1FY27 net profit rose 29% to ₹5,345.50 crore, sending shares up 6% to a record high of ₹1,122.30. Broke...
Swiggy Shares Fall 5% as Narrowed Q1 Loss Fails to Unite Analysts
Swiggy’s Q1FY27 loss narrowed to ₹791 crore, but a sharp sell-off and split broker calls underscore the market’s focus o...
Hyundai Motor India Surges 7.2% as Market Bets on Second-Half Recovery
Shares of Hyundai Motor India jumped after the automaker retained its full-year margin and volume growth forecasts despi...