Business news

Sibanye Stillwater's shares slumped to their lowest this year after it suffered its second consecutive full-year loss in two...

Standard Chartered on Friday pledged to cut the emissions linked to the bonds it sells for oil and gas companies and will press ahead with its...

China's largest bubble tea and drinks firm, Mixue Group, is seeking to raise HK$3.45 billion ($443.66 million) in a Hong Kong initial public...

Brazilian steelmaker Gerdau may opt to bump up its output capacity in the United States instead of building a new plant in Mexico, its CEO...

Walmart on Thursday forecast sales and profit for the current year below Wall Street estimates, citing the need for caution in navigating an...

Coca-Cola is attempting to capitalise on Pakistan hosting its biggest cricket event in nearly 30 years, and steal the spotlight away from the host...

Birkenstock, famous for its cork-based sandals, reported strong sales over the Christmas holiday shopping season but stopped short of raising its...

Alibaba on Thursday flagged plans to invest more in its "core businesses" of e-commerce and AI-powered cloud computing after...

Energy contractor Quanta Services beat fourth-quarter profit estimates on Thursday, on higher demand for its services related to power and...

Fidelity Investments said on Thursday that it has launched two all-ETF model portfolios for use by wealth management firms looking for help...

Refiner HF Sinclair on Thursday posted a bigger-than-expected loss for the fourth quarter, becoming the latest energy company to take a hit...

Italian spirits group Davide Campari, led by its new Chief Executive Simon Hunt, said on Thursday it needed to take some "tough decisions,...

Vanguard Group's Standard & Poor's 500 ETF overtook rival State Street Global Advisors' SPDR S&P 500 Trust, on Tuesday to...

Apple on Wednesday revealed its first custom-designed modem chip that will help connect iPhones to wireless data networks, a move that will...

Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle...

Microsoft has developed an artificial intelligence model of a videogame which can help generate visuals and actions, the company announced on...

NEW YORK, Feb 19 (Reuters) - JetBlue Airways said on Wednesday that it is still in talks with multiple airlines to establish a partnership and...

Six Little Dragons, Seven Sisters and the Terrific Ten. These are some of the nicknames being bestowed on China's cast of home-grown heroes as...

India's Oil and Natural Gas Corp is seeking joint venture partners to build very large ethane carriers (VLECs) to ship feedstock for its...

HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the real economy, it...

French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the...

London-listed global commodity trader and miner Glencore traded more oil in 2024 than in the previous year, preliminary results showed on...

China's electric vehicles are around three to five years ahead of the competition in terms of products, technology and the industrial chain,...

Ride-hailing platform Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a...

Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell...

Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million,...

French industrial gases company Air Liquide on Tuesday announced a joint investment with French oil major TotalEnergies to develop two...

U.S. fund KKR has signed an agreement with Italy's Eni to buy an additional 5% stake in Eni's biofuel business Enilive for 587.5...

 Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the...

Conagra Brands trimmed its annual profit and operating margin forecasts further on Monday, citing supply constraints and foreign exchange...

Dubai-based Huda Beauty will sell its popular fragrance brand KAYALI to its co-founder and General Atlantic in a move that allows the beauty...

UniCredit reminded Banco BPM shareholders on Monday it could withdraw its buyout offer for their bank if BPM investors agreed to back a...

British healthcare property developer Assura has rejected a 1.56 billion pound ($2 billion) acquisition bid from KKR and pension fund...

Planned cuts and fears of more dent morale, sources say Annual savings estimates range between $1.5 bln and $3.8 bln US tariffs cast shadow over...

China's apparent breakthrough in AI and rapprochement with tech giants has sent Hong Kong stocks and internet giants soaring, but the buyers...

Stellantis will start making dual-clutch transmissions for hybrid vehicles also in Termoli, Southern Italy, two sources said, in a move that could...

South Korea's data protection authority on Monday said new downloads of the Chinese AI app DeepSeek had been suspended in the country after...

Anglo American Platinum said on Monday it will pay an additional $856 million cash dividend ahead of its planned spinoff into a standalone...

The rise of "pig butchering" scams and the increasing use of generative artificial intelligence likely lifted revenues from crypto scams...

Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global...

French luxury group Hermes reported an 18% rise in fourth quarter sales on Friday, showing robust appetite from wealthy shoppers for the most...

JX Advanced Metals (JXAM), a wholly owned metals unit of Japan's Eneos Holdings, won approval to list its shares in a $3 billion share...