Business news

Julius Baer said on Thursday it had registered increased growth in net new money during the July-October period as the Swiss bank said its incoming...

Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for...

Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric vehicle demand,...

Stellantis on Wednesday announced new temporary stoppages at two of its plants in southern Italy, while the Rome government called on the...

Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a...

TJX Cos raised its annual profit forecast on Wednesday, benefiting from lower costs and strong demand from cash-strapped customers flocking to...

Delta Air Lines said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium...

Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid...

Swiss industry is struggling with falling orders and sales as weaker European demand and a strong franc hit exporters, with two surveys showing...

Uber Technologies launched "XXL" rides with extra trunk space on Wednesday, betting on increased demand stemming from Thanksgiving...

Funding for the proposed buyout of Japan's Seven & i Holdings by its founding family will be finalised by the end of December and will...

Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters...

Major Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price...

EFG International is looking at potential acquisitions, Chief Executive Giorgio Pradelli said on Wednesday, with the Swiss private bank on...

Blackstone has agreed to buy Jersey Mike's Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at...

AeroVironment will buy space and defense engineering company BlueHalo in an all-stock deal valued at about $4.1 billion, the companies said on...

Spain's Caixabank set out a three-year plan on Tuesday to retain profitability as interest rates fall, aiming to boost loan growth and...

Nestle will boost advertising and marketing, trim costs by at least $2.8 billion by 2027 and carve out its water and premium drinks businesses...

Indian skincare firm Mamaearth's parent Honasa Consumer wiped off nearly 35 billion rupees ($414.7 million) in market valuation in two...

Thyssenkrupp on Tuesday said it took a fresh 1 billion euro ($1.06 billion) impairment on its struggling steel division, citing the...

Brazilian development bank BNDES said on Monday that it has signed a deal with the Asian Infrastructure Investment Bank (AIIB) for the investment...

Walmart shares are set for their best yearly gains in over two decades as the retail behemoth's low prices for everyday essentials give it...

China's Huawei Technologies on Monday announced that it had started taking pre-orders for its Mate 70 smartphone model, in a statement on its...

Two top European Central Bank policymakers signalled on Monday they were more worried about the damage that expected new U.S. trade tariffs would...

Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative. But price hikes are turning off...

Australia's competition regulator said on Monday it is seeking views on the Macquarie-backed telecommunications group Vocus' A$5.25...

Cryptocurrency exchange OKX said on Monday it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the...

China's biggest e-commerce company Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds,...

India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India,...

Nvidia's new Blackwell AI chips, which have already faced delays, have encountered problems with accompanying servers that overheat,...

Sunrise shares lost ground on the telecoms company's return to the Swiss stock exchange on Friday after some American investors decided to...

U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods,...

Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan's Diamond Online magazine reported that activist...

Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming profitable. The latest quarterly results have...

HHLA said on Friday that a subsidiary of Swiss-based MSC had received all regulatory approvals for a voluntary public takeover offer of the...

China's Ant Group reported a 192.9% rise in net profit to 7.59 billion yuan ($1.05 billion) in the three months to March 31, according to...

Samsung Electronics has decided to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value,...

Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said...

Physical gold premiums in India climbed to a near four-month high this week, driven by a rebound in demand as prices dropped, while top consumer...

Tapestry is terminating its $8.5 billion deal to buy Michael Kors-owner Capri following a legal hurdle, the companies said on Thursday,...

Telecom Italia (TIM) will be better able to assess whether it can resume dividend payments in February, when it updates its strategy following...

Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal hurdle last month, ending...