Nidec Plunges Most Since 2011 After EV Malaise Hits Profit
Nidec Corp. slumped the most in more than 12 years after reporting quarterly earnings that missed estimates, underscoring
2023-10-24 14:47
Hermes Sales Climb as US, Europe Shoppers Splurge on Birkin Bags
Hermes sales jumped as wealthy shoppers in the US and Europe splurged on the French company’s pricey Birkin
2023-10-24 14:46
Saudi Arabia’s Neom, DSV Form $10 Billion JV for Futuristic City
Saudi Arabia’s Neom is setting up a $10 billion venture with Danish freight forwarder DSV A/S to help
2023-10-24 14:21
UniCredit Says It Won’t Pay Bank Tax, Lifts Revenue Goals Again
UniCredit SpA said it will use a get-out clause to avoid paying the Italian government’s bank windfall tax,
2023-10-24 14:18
Worst Still to Come for Energy Debts, British Gas Boss Fears
More tough times may lie ahead for British households, looking at another winter of high energy bills piled
2023-10-24 13:56
Byju’s CFO Returns to Vedanta to Oversee Restructuring
Vedanta Ltd. has picked the chief financial officer of edtech titan Byju’s to replace the current finance head,
2023-10-24 13:48
UK Power Grid Bottlenecks Threaten Investments, Centrica Warns
An excess of planned renewable energy projects seeking to link to the UK’s electric grid threatens to discourage
2023-10-24 13:46
Detroit and Korea’s $28 Billion Battery Bets Risk Going Sideways
Weeks of tense bargaining around Detroit are making battery manufacturers some 6,600 miles (10,600 kilometers) away nervous. LG
2023-10-24 12:52
Rusal Secures Alumina Supplies With Rare Russian Deal in China
Russian aluminum giant United Co. Rusal International PJSC agreed to buy a 30% stake in a Chinese alumina
2023-10-24 12:18
Naver Wins Saudi Deal to Build Digital Replicas of Mecca, Riyadh
South Korean internet leader Naver Corp. won a contract to build and operate a cloud platform for Saudi
2023-10-24 11:21
Suriname Offers to Swap $675 Million Bonds for Oil-Linked Debt
Suriname offered to swap $675 million of dollar bonds for new notes, including those linked to oil royalties,
2023-10-24 10:18
KKR Poised for Kokusai Payoff With Biggest Japan IPO Since 2018
Kokusai Electric Corp. is set to go public on the Tokyo Stock Exchange Wednesday in Japan’s biggest initial
2023-10-24 08:58