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1560 articles
Apple Shares Slide as Record Earnings Overshadowed by Weak Forecast
Apple's record June-quarter iPhone sales of $54.25bn were overshadowed by a 9-11% current-quarter revenue guidance that ...
Hyundai Rotem’s $1.7bn Morocco Rail Deal Anchors Korea’s Push for African Trade Agreement
South Korea and Morocco marked Throne Day by highlighting a $1.7 billion train order and ongoing CEPA negotiations, ceme...
Billionaire Kühne Builds a Strategic Transport Portfolio in Germany
Klaus-Michael Kühne’s holding company has taken large stakes in Lufthansa, Flix and Brenntag, fueling speculation about ...
Kolmar Korea’s China Plant Secures First Overseas CGMP Certification
Kolmar Korea’s Wuxi facility becomes the first overseas cosmetics factory by a Korean manufacturer to earn South Korea’s...
Zhongji Innolight Insiders Cash Out 5.3 Billion Yuan as Company Lands Hong Kong's Largest IPO in Years
Controlling shareholder Zhongji Holdings and a concert party sold 6.2 million A-shares for over 5.3 billion yuan on the ...
Tesla Considers Selling China Business to Enable SpaceX Merger — WSJ
Elon Musk is exploring a spin-off or sale of Tesla's Chinese operations to shield the EV maker from geopolitical risks a...
RWB Halts Investment Programme and M&A Talks After Drone Attacks
Wildberries & Russ freezes expansion spending and acquisition negotiations as it redirects resources to safety and compe...
Apple's Net Profit Jumps 20% as Market Cap Nears $5 Trillion, Leaving Nvidia Behind
Apple reported a 20% surge in nine-month net profit to $101.5 billion, fueled by stronger-than-expected iPhone and Mac s...
BayWa Waits for Binding Restructuring Deal by Autumn 2026; Equity Dilution Looms
BayWa’s creditors are being pressed to inject fresh capital and accept a haircut under a new restructuring concept, but ...
Alzchem’s Specialty-Chemicals Growth Engine Powers 14% EBITDA Jump
The German mid-cap's H1 2026 results show margin expansion led by Kreatin and defense-related nitroguanidine, while it e...
JPMorgan Keeps Adidas at Overweight, Lifts Revenue View After Slight Beat
JPMorgan analyst Wendy Liu reiterated an Overweight rating and EUR 230 price target on Adidas after the sportswear group...
PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction
The German sportswear group reported a smaller-than-expected net loss of €72.8m, helped by a €11.5m tariff reimbursement...
Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds
Holcim reported better-than-expected half-year results, driven by a 5.2% rise in organic revenue, and raised its full-ye...
AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise
French insurer AXA reports H1 operating profit up 2% to €4.5bn, lifts net income 6% to €4.2bn, and reaffirms 8% EPS grow...
Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip
Sony lifted its full-year operating profit forecast to ¥1.72tn after a strong Q1 driven by gaming, a weak yen and US tar...
Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges
EPS of $5.75 vs. $1.82 expected and AWS growth of 37% powered a blockbuster quarter. CEO Andy Jassy says even $220 billi...
India’s Premium Boom Defies War Gloom as Festive Shopping Kicks Off
Despite the US-Iran war stirring supply-chain chaos and inflation jitters, India’s festive season is shaping up as a sho...
Capital Group Takes 1.49% IIFL Finance Stake as Fairfax Partially Exits via Rs 374 Crore Block Deal
US asset manager Capital Group purchased a 1.49% stake in NBFC IIFL Finance from Fairfax India's affiliate for Rs 374 cr...
Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead
Thermax shares fell sharply as Q1 profit plunged on a one-time cost overrun, and the company flagged weak demand, rising...
Redington Q1 Profit Surges 77%, Stock Hits 52-Week High on Record Revenue
Redington reported its highest-ever quarterly revenue of ₹34,922 crore and a 77% jump in net profit to ₹486 crore, drive...
L&T Energy Onshore seals six-year EPC framework deal with Oman's PDO
The Indian engineering giant becomes one of four selected contractors for Petroleum Development Oman's upcoming projects...
Mulla, Naik and Mandevia Form MNM Partners Alliance for Real Estate and Infrastructure Law
Three veteran Indian law firms join forces in a strategic alliance to capture growing demand for legal services in India...
FIFA Presses Ahead With $20 Billion Investment Plan as UEFA Threatens Boycott
FIFA will continue consultations on a plan to create a $20 billion subsidiary and sell a stake to private investors, des...
Santander Offers €1.9 Billion to Buy Out Minority Stake in Brazilian Unit
Santander has launched a €1.9bn share-swap offer for the 10% it does not already own of Santander Brasil, offering a 15%...
Meliá Nets €4.1M After €79.4M Cuba Provision, Underlying Profit Hits €83.5M
Meliá Hotels International reported first-half revenue above €1 billion, but a €79.4 million provision for its exit from...
BP Puts North Sea Business on the Market, Begins Search for Buyer
BP has started marketing its North Sea oil and gas operations for a potential sale, part of its portfolio overhaul to fo...
Tesla Considers Exiting China Amid SpaceX Merger Talks, WSJ Reports
Tesla is exploring a sale or spin-off of its China business, its second-largest market, to avoid conflicts with defense ...
Zuckerberg's Wealth Drops $18 Billion as Meta Shares Slide on AI Spending Worries
Meta's stock fell 21.7% in 11 days after second-quarter earnings missed estimates and the company raised spending foreca...
CONCACAF Rejects FIFA's Investor Plan Unanimously, Joining UEFA Boycott Threat
The confederation's 41 members voted no, while Asia's football chief called the scheme 'unacceptable.' Three-continent o...
Leopold Aschenbrenner’s $45B AI Hedge Fund Collapses After Leveraged Bets Backfire
Former OpenAI researcher Leopold Aschenbrenner’s Situational Awareness fund, once up 400% on AI stocks, is unwinding lar...