Companies & CEOs

According to Paul Livingston, the chairman of Lockheed Martin's British branch, the American military-industrial conglomerate aims to erect a satellite manufacturing facility in the United Kingdom.

One of the biggest merchants in the world, Trafigura, purchased nickel from Indian businesses. Containers of regular steel arrived at the port of destination instead of nickel. According to the…

Swiss bank Credit Suisse released its 2022 results for the entire year and the fourth quarter. In contrast to 2021, Credit Suisse finished 2022 with a loss of 7.3 billion…

According to the Handelsblatt newspaper, which cited government sources, US-based Intel has asked the German government for an additional €3 billion in subsidies on top of the €6.8 billion it…

For 2022, the UK oil and gas firm BP recorded record earnings. Underlying replacement cost profit for the business, which is a metric similar to net income, was $27.7 billion,…

According to a joint press release from Renault and Nissan, the French automaker will reduce its ownership of Nissan from 43.4 percent to 15 percent, and Nissan plans to purchase…

The biggest cryptocurrency exchange, Binance, announced that it would temporarily halt buying and selling of cryptocurrencies for dollars from February 8.

Ryanair set a record for the month of January by carrying 11.8 million passengers. After the COVID-19 epidemic, the carrier has continued to aggressively increase capacity.

German BMW announced that it had increased the suggested retail pricing for certain of its models marketed in China as a result of growing transportation and raw material costs. The…

Amgen Inc. disclosed a small dip in fourth-quarter sales. Eli Lilly and Co. saw a drop in revenue from a COVID-19 antibody agreement that was offset by a 4% rise…

The Financial Times reports that the American administration has ceased granting licenses to American businesses to sell goods to the Chinese company Huawei and is considering formalizing the prohibition.

The net profit of French Louis Vuitton Moet Hennessy (LVMH) grew to €14.084 billion by the end of 2022, up 17%.

Microsoft Corp., a global leader in information technology, reported that its net income for the first half of its fiscal year 2022–2023, which finished on December 31, 2022, fell by…

Apple intends to boost its production share in India by 25%, according to the chairman of the Indian Ministry of Commerce.

By the end of the year, the business will decide where to build a semiconductor facility, according to Intel CEO Gelsinger.

Ericsson of Sweden's underlying earnings for the fourth quarter were below estimates, which is happening for the third consecutive quarter. 5G equipment sales are declining in high-margin markets like the…

Microsoft stated that it has validated media rumors about its plans to lay off 10,000 staff.

Despite losing $51 billion in value from last year's ranking, one of the biggest online merchants in the world, Amazon, was named the most expensive brand in the Brand Finance…

According to Reuters, which cited the company’s spokesman, Equinor has delayed start of a second technological platform at its Johan Sverdrup oilfield in Norway due to equipment faults and repairs…

Volkswagen intends to increase the range of automobiles it offers in China. The vibrant and agile market, according to Ralf Brandstätter, head of the Chinese business, is "a gigantic fitness…

The Wall Street Journal claimed, citing sources, that American manufacturer Johnson & Johnson is reducing production of its coronavirus vaccines in the face of declining demand.

According to a press release from S&P Global Ratings, the US cryptocurrency exchange Coinbase's long-term issuer credit rating has been reduced from 'BB' to 'BB-' with a negative outlook.

In 2022, the aircraft manufacturer Airbus recorded 1,078 new orders and delivered 661 commercial aircraft to 84 customers.

A world leading private investment house, an expansive portfolio boasting some of the most innovative projects in a market evermore sensitive to questions regarding the environment, sustainability and social cohesion……

The six billion dollar project will be built in partnership by Qatar's state oil and gas business QatarEnergy and the American-Dutch company Chevron Phillips, according to QatarEnergy's press office.

ABB sold Hitachi its last remaining interest in the power grid business for $1.4 billion.

Japan's IETS will be purchasing 1 million tons of LNG annually from Venture Global for 20 years.

According to The Wall Street Journal, the SPAC (special purpose acquisition companies) merger market, which experienced an early-year boom, will enter a phase of mass liquidation by year's end.

Nike Inc reported its second-largest quarterly revenue increase in more than a decade, which easily outperformed analysts' earnings estimates, thanks to strong demand for sportswear and footwear in North America…

According to stock exchange data, Tesla's market capitalization fell below that of oil giant ExxonMobil last week, to $435.14 billion.

According to a press release from the international rating agency Fitch Ratings, the outlook on the rating of UK oil major BP plc has been changed from stable to positive.

According to a joint announcement from the two corporations, Saudi Aramco and France's TotalEnergies will collaborate to establish a petrochemical complex in Saudi Arabia.

According to sources who spoke to Bloomberg, Elon Musk's SpaceX has priced its shares at $77 each, implying that the company is now worth $140 billion.

As part of a 10-year strategic collaboration, Microsoft Corp. will purchase a 4 percent share in the London Stock Exchange Group (LSEG). The agreements, according to a press statement, will…

Fitch rating agency confirmed the "AA-" long-term issuer default ratings (IDR) of the Anglo-Dutch energy corporation Shell and the French oil and gas company TotalEnergies.

The largest chip manufacturer in the world, TSMC of Taiwan, stated that it will increase its investment in its Arizona manufacturing facility, which will create some of the most cutting-edge…

According to a press release from the firm, the European aircraft manufacturer Airbus won't be able to meet its anticipated level of deliveries in 2022.

Due to the recently increased excess profits tax in the UK, French oil and gas giant TotalEnergies will reduce its expenditures in North Sea projects by 25% in 2023.

Jack Ma, the founder of Alibaba and one of China's wealthiest billionaires, has been residing in Tokyo for approximately six months, according to reliable sources who spoke to the Financial…

Philip Morris aims to delist Swedish Match after increasing its ownership to 93%.

The initial public offering of Saudi Aramco's subsidiary Luberef has been approved.

The Wall Street Journal reports that victims of sexual assault by Jeffrey Epstein have filed lawsuits against JP Morgan and Deutsche Bank, accusing the financial institutions of supporting the American…

According to the company, HP Inc.'s net profit for the fiscal year that ended on October 31 of 2021–2022 was $ 3.203 billion, which is a two-fold decrease from the…

According to Reuters, citing an FTX lawyer, former CEO of cryptocurrency exchange FTX Sam Bankman-Fried and a number of the company workers spent $300 million on property in the Bahamas.

Air India is negotiating purchases of new aircraft with Airbus and Boeing.

The consulting and analytical division of the rating firm Moody's in China is being shut down. This is reported by Reuters using sources.

According to a press release from the firm, the net profit of the largest Chinese Internet company, Alibaba Group Holding, for the first half of fiscal year 2022–2023 (ending September…

Walmart, a retail chain and the biggest retailer in the world, reported third-quarter total revenues of $152.8 billion, an 8.7% increase over the same period last year.

Tencent Holdings announced on Wednesday that it would pay a dividend on its $20.3 billion investment in the food delivery company Meituan. In response to the slowing Chinese economy and…

Berkshire Hathaway company of billionaire Warren Buffett purchased a share in TSMC, the largest chipmaker in the world, for an estimated $5 billion.