Business news

Boeing has secured a firm order from Turkish low-cost carrier Pegasus Airlines for a hundred 737 MAX 10 jetliners, winning back a major...

Credit Agricole agreed to buy a 30.5% stake from Spain's Santander in custody and asset servicing entity Caceis, the banks said on...

Nike offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the embattled sportswear seller's...

FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on...

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they...

Singapore-headquartered insurance technology firm bolttech has raised more than $100 million in its latest funding round, led by Dragon Fund,...

Indian telecom carrier Bharti Airtel has made an early payment of 36.26 billion rupees ($426.4 million) to the Indian government, the company...

Retailers including Target and Walmart are stocking shelves with more toys and gifts such as Barbies that cost less than $10 this holiday...

Bankers expect global deal volumes to surpass $4 trillion next year, the highest in four years, buoyed by U.S. President-elect Donald Trump's...

Russian diamond producer Alrosa's output fell by 4.6% to 33 million carats this year, according to a statement by the government of the Yakutia...

Italian bank UniCredit said on Wednesday it had raised its potential stake in Germany's Commerzbank to 28% by signing new derivative...

Thyssenkrupp is pursuing a spin-off as the main option for divesting its defence business, a spokesperson said on Tuesday after a German newspaper...

Databricks said on Tuesday it had secured a valuation of $62 billion after a $10 billion funding round led by Thrive Capital, highlighting the...

Japanese IT firm Fuji Soft has reaffirmed its support for the second stage of a tender offer buyout from U.S. private equity firm KKR and...

Italy's Lamborghini will always make cars in Italy as it plans to launch its first electric model only in 2029, amid a market for luxury sports...

Steered by Chairman John Elkann, Stellantis , owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its...

Phillips 66 said on Monday it would sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital...

Broadcom is predicting a massive expansion in demand for chips that power AI - and the market, for now, is buying it all the way. The...

U.S. wireless carrier T-Mobile said on Friday it would buy back as much as $14 billion worth of shares by 2025 end as part of its previously...

Vishal Mega Mart's initial public offering drew bids worth $19 billion on Friday as institutional investors piled in, underscoring confidence...

Turkey's competition authority has fined Alphabet Inc's Google 2.61 billion lira ($75 million), for taking advantage of its dominant...

China's Geely (GEELY.UL) and Baidu said on Friday they would help the management of their troubled electric vehicle venture Ji Yue Auto to...

The British government has cut its stake in NatWest to below 10%, it said on Friday, bringing the lender one step closer to full private...

Schroders is looking to sell its Indonesian business, according to two sources with knowledge of the matter, as the U.K.-headquartered global...

Japan's Kansai Electric Power Co has agreed to take a 49% stake in Iberdrola's Windanker offshore wind project in Germany, the...

India's Bluestone Jewellery and Lifestyle BLUT.NS filed for an initial public offering on Thursday, aiming to cash in on a booming IPO market...

MetLife and General Atlantic are forming a reinsurance venture, the companies' executives told Reuters on Wednesday, the latest in a...

Jubilant Bhartia Group said on Wednesday it will buy a 40% stake in Coca-Cola's largest bottler in India, as the Indian conglomerate plans...

Denmark's Vestas said on Wednesday it will restructure its factory on Britain's Isle of Wight to manufacture onshore wind turbine...

Doughnut chain Krispy Kreme said on Wednesday that unauthorized activity on a portion of its information technology systems has disrupted...

Italy's biggest bank Intesa Sanpaolo said on Wednesday the European Central Bank had set its minimum core capital requirement for 2025 at...

Kawasaki Heavy Industries has revised its Japan-Australia hydrogen supply chain demonstration project, suspending plans to use hydrogen...

Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks...

General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions...

German carmaker Mercedes-Benz will reshuffle its management board with four new members, the firm said on Wednesday, with changes due to take...

Orlen, Poland's largest gas and oil company, scaled back its plans for the Olefins petrochemical project on Wednesday, calling the investment...

Sweden's Financial Supervisory Authority said on Wednesday it had fined Klarna Bank 500 million Swedish crowns ($45.59 million) for violations...

German online retailer Zalando said on Wednesday it would acquire fashion group About You in a deal valuing its rival at 1.1 billion...

Zara owner Inditex said the start of the holiday season had got off to a good start after it reported weaker than expected quarterly results...

A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger KR.N and Albertsons on Tuesday, in a win for the...

European discount retailer Pepco Group will examine "every strategic option" for its struggling Poundland business in the UK, the...

U.S. telecom giant Comcast on Monday forecast fourth-quarter broadband subscriber losses to exceed Wall Street estimates, hurt by tough...