Thyssenkrupp Writes Down Steel Unit as Energy Crisis Weighs
Thyssenkrupp AG wrote down the value of its steel business by a further €1.8 billion ($1.96 billion), the
2023-11-22 16:21
Chinese Game-Streaming Mogul Arrested in Latest CEO Probe
Chinese police have arrested DouYu International Holdings Ltd.’s founder Chen Shaojie, the latest in a series of executive
2023-11-22 16:19
Mubadala to Anchor Private Credit Fund for European Property
Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up
2023-11-22 16:16
Mitsubishi Heavy expects to double defence revenue next year
TOKYO Japan's Mitsubishi Heavy Industries said on Wednesday it expects to double its defence revenue to about 1
2023-11-22 15:49
Record Fosun Asset Sales Can’t Halt Stock Drop to Decade Low
Even after a record stretch of asset sales that total at least $6.6 billion in just two years,
2023-11-22 15:48
Korea Takes Short-Term LNG Path While Rivals Embrace Long Deals
South Korea is avoiding the global trend toward long-term agreements on liquefied natural gas due to high prices,
2023-11-22 15:29
Altman Returns as OpenAI’s CEO With Summers on Board
OpenAI will bring back Sam Altman and overhaul its board to bring on new directors including Larry Summers,
2023-11-22 15:29
Sam Altman to return as OpenAI CEO after shock ouster
ChatGPT creator OpenAI announced Tuesday that Sam Altman would return as its CEO, days after his shock dismissal plunged the pioneering...
2023-11-22 15:24
ECB Threatens 20 Banks With Fines for Mismanaging Climate Risk
The European Central Bank has written to about 20 lenders to warn them that it will impose fines
2023-11-22 15:19
Barclays forecasts Fed to stand pat on rates in January
Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January,
2023-11-22 14:59
New Binance CEO Teng’s First Job Is to Avert Customer Exodus
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These
2023-11-22 14:58
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry
2023-11-22 14:57
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