Companies & CEOs

According to a statement released by the U.S. military on Monday, the U.S. Army has signed various contracts totaling roughly $520 million with the military-industrial complex Lockheed Martin to replace…

The Bahamas Securities Commission has placed a freeze on the property of FTX Digital Markets, the company that runs the FTX bitcoin exchange. The decision was made in order to…

According to trading and media estimates, Apple Corp. grew in value by $190.9 billion, or 8.9%, during Thursday's trading, setting a record for American corporations.

German energy company RWE AG, said in its financial records that its net profit fell by 25% to €2.1 billion in the first nine months of 2022 and plunged 72…

According to sources cited by the Wall Street Journal, Taiwan Semiconductor Manufacturing Co. (TSMC), the largest semiconductor manufacturer in the world, plans to construct a new $12 billion semiconductor plant…

Since Elon Musk declared his plan to acquire Twitter in mid-April, the billionaire's net worth has decreased to below $200 billion, falling by $74 billion, writes US Forbes.

According to the company’s report, European aircraft manufacturer Airbus received 177 orders in October compared to just 13 in September.

According to sources cited by The Wall Street Journal (WSJ), French business Kering SA wants to purchase fashion house Tom Ford.

One of the biggest online retailers in the world, Amazon, saw its market valuation slip below $1 trillion for the first time since 2020 as a result of a steep…

According to The Wall Street Journal, the investment firm Blackstone has decided to purchase a stake in Emerson Electric, a subsidiary that offers goods and services for heating and cooling…

For the first nine months of the year, PetroChina Co Ltd, the largest oil and gas corporation in Asia, recorded a 60 percent increase in net profit. Revenues reached record…

A number of banks have begun the process of transferring money to support Twitter's acquisition by entrepreneur Elon Musk, reports The Wall Street Journal (WSJ).

The second such penalty for the Internet giant in a week came from India's Competition Commission, which penalized Google 93.6 billion rupees ($113 million) for "abusing its dominant position over…

Visa's net income grew to $15 billion in the fiscal year 2021–2022.

In the period from January to September 2022, according to financial documents, the British-Hong Kong-based HSBC Holdings plc's net income attributable to shareholders decreased by 5.7 percent year over year…

In order to increase liquefied natural gas (LNG) production in Qatar at its North Field South (NFS) field in the north of the country, Qatar Energy, the state-owned oil and…

One of the biggest producers of food and beverages in the world, Nestle SA, of Switzerland, reported that its sales increased by 9% to 69.132 billion Swiss francs (about $69.4…

Lockheed Martin, a U.S. military-industrial conglomerate, announced on Tuesday that it intends to increase production of weapons "necessary to defend the United States and its allies"

An industry leader in asset management and securities services, Bank of New York Mellon Financial Corp. (BNY Mellon), reported that its shareholders' share of net income declined by 32% to…

According to The Times, BMW may shift Mini electric vehicle manufacture from the UK to China.

ByteDance, the owner of TikTok, reportedly has ambitions to develop and include a short video streaming platform into its Resso music streaming business.

Bittrex, a cryptocurrency exchange, has been fined by the Office of Foreign Assets Control (OFAC) of the U.S. Treasury Department for violating the sanctions imposed on Russia, Iran, Sudan, and…

The main Polish gasoline and energy corporations, PGNiG and Orlen, received shareholder approval for the merger, according to the TVN news station.

San Francisco jury found Joe Sullivan, the former head of security at Uber, guilty of hindering investigations and hiding a crime against his business that was committed by third parties.

On Monday, October 3, Vodafone Group revealed that it has started discussing a possible merger with Three UK, a nearby rival.

A year ago, the number of American tech billionaires was on the rise, stock prices were setting all kinds of records, and venture capital funds were investing heavily in startups.…

According to Reuters, which cited a spokesperson for the French trade union General Confederation of Labor, the 119,000 bpd Feyzin refinery in the south of France controlled by the French…

In response to issues with automatically closing windows, American electric vehicle manufacturer Tesla will recall 1.096 million vehicles built between 2017 and 2022, according to a statement from the U.S.…

Net profit for Inditex Group increased to €2.4 billion in the first half of the fiscal year.

Inflation resulted in a drop in customer demand, and as a result, Swedish Electrolux has chosen to initiate a cost-cutting campaign, according to the company's press release.

The Italian energy company's press service reports that Eni plans to acquire BP's operations in Algeria.

The luxury automobile maker Porsche will be listed on the stock exchange within the next month, the Volkswagen Group stated. Porsche shares should float on the Frankfurt Stock Exchange in…

China Medical Technologies' liquidator has accused audit and consulting firm KPMG of conducting a "poor" audit. The Hong Kong Supreme Court commenced hearing the case.

The Miss Universe international pageant, which Ari Emanuel, founder of the Endeavor agency, has been controlling since 2015, is up for sale, according to the New York Post. The publication's…

Elon Musk found another justification for abandoning the $44 billion purchase of Twitter. The billionaire's attorneys referenced remarks made by the social network's former head of security, who charged management…

U.S. HP Inc. reported net income of $3.205 billion for the first three quarters of fiscal 2021–2022, which concluded on July 31. This is a 5.8% decrease from the same…

U.S. regulators will examine Alibaba and other Chinese businesses, according to Reuters, which cited three persons with knowledge of the situation.

Elon Musk, the CEO of Tesla, stated that his business will work to have its self-driving technology ready by the end of the year.

According to a document seen by Reuters, Meta Platforms Inc. and Cambridge Analytica have tentatively reached a settlement deal in their legal dispute over allegedly improper data transfers. The agreement's…

According to Reuters, Abbott Laboratories has restarted making Similac infant formula at a facility in Sturgis, Michigan.

The bank's investment section, which has suffered significant losses over the past few years, needs to be improved, according to Credit Suisse Group AG's largest shareholder.

Walmart Inc. anticipates a lower annual profit decline than forecasted a month ago. The company stated on Tuesday that it exceeded forecasts for quarterly sales because to significant reductions for…

The attributable to shareholders net profit of Henkel AG, one of the top producers of household and industrial chemicals worldwide, decreased by 50% in yearly terms in the first half…

Five state-owned Chinese corporations, including the world's largest oil company Sinopec, have declared that they will remove their American Depositary Shares from the New York Stock Exchange.

Anglo-Dutch Shell has ceased oil production at three deepwater rigs in the Gulf of Mexico as pipelines connecting them were blocked, according to a statement from the company.

After surpassing Netflix Inc. with 221 million subscribers for its streaming service, Walt Disney Co. stated that it would increase pricing for members who want to watch Disney+ or Hulu…

According to a statement released by Toshiba Corporation, the world's largest manufacturer of electronics reported net income attributable to shareholders of 25.9 trillion yen ($192 million) in the first quarter…

Coinbase reported a loss of over $1 billion in the second quarter and a decline in revenue of about 64% for the quarter due to the fall in cryptocurrency prices.…

Alibaba, a major Chinese e-commerce company, has fired 9,241 workers in the past three months, according to Bloomberg.

According to a statement released by the government, Nigeria has approved sale of four oil fields in the Niger Delta owned by ExxonMobil to the company Seplat for $1.28 billion.