Business news
Carlyle in White Knight Talks with Makino, say Sources, as Nidec Takeover Battle Heats Up
Apple's shipments of smartphones in China slumped 9% in the first quarter from a year earlier and it was the only major manufacturer to...
Netflix executives on Thursday backed the company's revenue outlook for the year and voiced confidence that the streaming service would...
Schroders cut about one-sixth of staff at its fully-owned China fund manager, sources with knowledge said, the latest global asset manager to...
A Boeing jet that arrived at a completion plant near Shanghai last month was returning to the U.S., flight tracking data showed on Friday, in...
Eli Lilly's experimental pill worked as well as blockbuster drug Ozempic to lower weight and blood sugar in a trial of diabetes patients,...
Custodian bank State Street on Thursday reported a 39% jump in first-quarter profit, benefitting from lower expenses and higher fees earned...
Brokerage Charles Schwab reported a near 37% jump in adjusted first-quarter profit on Thursday, driven by upbeat performance in its asset...
Huntington Bancshares reported a rise in its first-quarter profit on Thursday, helped by higher interest income due to multiple rate cuts by...
Volkswagen's CARIZON, a joint venture between its software subsidiary Cariad and China's Horizon Robotics, has developed the...
Shareholders in Monte dei Paschi di Siena on Thursday backed a 12.5 billion euro ($14 billion) takeover offer for Mediobanca , clearing a...
BP's CEO Murray Auchincloss and Chair Helge Lund were re-elected on Thursday, although the sharply reduced level of shareholder support for...
The European Union urgently needs to ease tensions with the United States over President Donald Trump's tariffs, LVMH CEO Bernard Arnault...
U.S. homebuilder D.R. Horton lowered its full-year revenue forecast and missed second-quarter profit and revenue estimates on Thursday due to...
Blackstone reported a higher-than-expected profit for the first quarter on Thursday, driven by proceeds from asset sales across its private...
Truist Financial reported a fall in first-quarter profit on Thursday due to weakness in its investment banking and trading unit amid U.S....
France's Hermes will fully shift the burden of tariffs in the United States to its wealthy clientele, the company said on Thursday, as it...
The CEO of OVHCloud, a leading European data centre provider that operates 43 facilities across four continents, said on Thursday that global trade...
Swiss industrial group ABB on Thursday announced plans to spin off its entire robotics division in the biggest shake up at the company since...
Parcel locker company InPost said on Thursday that it had acquired Yodel, one of Britain's biggest parcel delivery firms, in a move that...
Chinese tea firm Chagee has raised $411 million by setting the price of its shares at $28 each in its New York initial public offering, according...
Italian luxury fashion group Brunello Cucinelli on Wednesday confirmed its expectations for sales growth of around 10% in both 2025 and 2026...
Insurer Progressive reported a 10% jump in first-quarter profit on Wednesday, helped by resilient demand for its auto insurance...
Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million)...
Wall Street analysts offered a gloomy view of the first quarter for much of Hollywood, warning that economic uncertainty caused by President Donald...
Nvidia on Tuesday said it would take $5.5 billion in charges after the U.S. government limited exports of its H20 artificial intelligence chip...
IndusInd Bank's shares rose as much as 4.2% on Wednesday, a day after the private lender said it would take a smaller-than-expected hit to...
The outlook for European corporate profitability has worsened, LSEG I/B/E/S forecasts showed on Tuesday, as the uncertainty caused by U.S....
Bank of America topped estimates on Tuesday for first-quarter profit as interest income grew and volatile markets helped its stock traders...
Johnson & Johnson reported first-quarter revenue and profit above Wall Street estimates on Tuesday, driven by strong cancer drug sales,...
Citigroup beat Wall Street estimates for first-quarter profit as its traders reaped a windfall from volatile markets that fueled client...
LVMH briefly lost its position on Tuesday as Europe's largest luxury company in terms of market capitalization after being overtaken by rival...
British consumer healthcare group Haleon on Tuesday said it gained full control of its Chinese joint venture after acquiring Tianjin...
British financier Edi Truell may be willing to offer 132.17 pence a share to buy De La Rue, Sky News reported on Tuesday, after the banknote...
Britain's Halfords on Tuesday named gambling firm Rank Group's former chief Henry Birch its new CEO, and the provider of motoring and...
Swiss construction chemicals maker Sika said on Tuesday the U.S. building market was "unsettled" in March, an early sign of the...
Discount retailer B&M on Tuesday forecast annual profit above the midpoint of its outlook range, buoyed by strong sales from new stores...
LVMH , the world's largest luxury group, said on Monday sales fell 3% over the first quarter, missing expectations and confirming a sector...
Germany's antitrust authorities on Monday approved UniCredit's plans to own just under 30% of Commerzbank, removing a further obstacle...
Intel said on Monday it would sell a 51% stake in Altera to private equity firm Silver Lake, valuing the programmable chip unit at $8.75...
KKR will buy a joint venture of S&P Global and CME Group in a $3.1 billion deal, in the U.S. private equity firm's second...
South Korean industrial tools maker DN Solutions on Monday opened bookbuilding for an initial public offering of up to 1.6 trillion won ($1.1...
Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in...
Business as the main participant of transactions in the Forex and stock markets
Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.
Business as the foundation of intensive development of the economy and financial markets
The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.