Business
Neutral, non-partisan business coverage from around the world.
Tesla to Wind Down Cybertruck Production at Texas Factory
Automaker shifts focus to increase output of new Cybercab model
Ukraine's Kyivstar Raises Annual Outlook as Digital Services Expand
The nation's largest telecommunications operator reports growth in digital business despite ongoing regional challenges.
GE Aerospace Secures Record $12.9 Billion in Deals at China International Import Expo
The aviation giant expands its footprint in the Chinese market through significant new agreements signed in Shanghai.
Bayer Raises 2026 Outlook Following Strong Pharmaceutical Sales
The German life sciences company boosted its financial targets after reporting an 8% increase in third-quarter pharmaceutical revenue.
Saudi Aramco Reports 35 Percent Profit Increase Amid Higher Oil Prices
State-owned energy giant boosts earnings through strategic asset sales and favorable market conditions
United Overseas Bank Reports Significant Third-Quarter Profit Growth
Singapore-based lender sees net profit climb to S$1.25 billion as regional financial markets show resilience.
European Industrial Supplier Announces Major Job Cuts and Site Closures
Weak market demand forces significant workforce reduction across Germany and the broader European region
Razorpay Secures Final License to Operate from India's GIFT City
The fintech firm gains regulatory approval to expand its financial services footprint within the International Financial Services Centre.
Daiwa Securities Group Reports Profit Growth Amid Strong Global Market Activity
The Japanese financial firm sees increased trading income as international markets remain active.
Uber Pilots Blockchain Technology for Corporate Cash Management
The ride-hailing giant is testing a new system to invest idle funds in money market products using public blockchain infrastructure.
Wendy’s Receives $1.4 Billion Take-Private Offer From Peltz-Led Group
The fast-food chain faces a potential transition to private ownership following a significant acquisition bid.
IndiGo Airlines Announces Fare Increases Citing Rising Fuel Costs
The airline says it has no choice but to raise ticket prices as regional conflict drives up operational expenses.
Goldman Sachs Projects 7 Percent Revenue Growth for Luxury Goods Sector in 2027
Analysts point to the United States as a key driver for the industry following years of significant price increases.
Sinopec Warns of Refining Pressure as Crude and Freight Costs Rise
China's energy giant anticipates a challenging fourth quarter due to elevated international oil prices and shipping expenses.
BASF Raises Profit Forecast as Iran War Drives Chemical Price Hikes
The German chemical giant cites rising costs and market shifts as key factors in its updated financial outlook.
Masdar Expands Renewable Portfolio with Acquisition of Greek Solar Project
The UAE-based energy firm acquires a 550 MW solar facility from Lightsource bp to meet rising data center power demands.
Mercedes-Benz Lowers 2026 Profit Outlook Citing Market Challenges in China
The German automaker points to intense competition and rising material costs as key factors behind the revised financial forecast.
Unconventional AI Acquires NeuReality to Boost Chip Efficiency
The $4.5 billion startup aims for a 1,000-fold increase in AI chip performance through strategic acquisition.
Novartis Reports Lower Third-Quarter Profit Amid Impairment Charges
Swiss pharmaceutical giant faces financial headwinds despite growth in net sales during the latest quarter.
American Express Announces Global Workforce Reduction of 3,500 Employees
The financial services giant cites a strategic shift in operations as it prepares for changing market conditions.
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Galp Energia Shares Decline Following Collapse of Refining Merger Talks with Moeve
Despite reporting a 68% surge in quarterly profits, the Portuguese energy firm faces market uncertainty after failing to reach a deal with its Spanish counterpart.
Zocdoc Completes First Acquisition in Company History with Sohar Health
The digital healthcare platform expands its technological capabilities by integrating Sohar Health's insurance connectivity tools.
SK Hynix Weighs Major Special Dividend Following Strategic Asset Sale
The South Korean semiconductor giant is considering a $12 billion payout to shareholders after offloading its stake in Kioxia.
Clinics On Cloud Secures Major Series A Funding to Expand Global Health-Tech Infrastructure
Pune-based health-tech firm raises 120 crore rupees to scale its microclinic network with support from Dubai-based investors.
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