Companies & CEOs

The shareholders of Mediobanca in Italy voted predominantly against acquiring its competitor Banca Generali, the bank announced in a statement.

Thousands of employees at the UK aerospace company Airbus are organizing multiple strikes in September, totaling ten days, to request increased salaries, as stated by their union.

Investment company Advent International has proposed to acquire Swiss semiconductor manufacturer u-blox Holding for around 1.05 billion Swiss francs ($1.3 billion).

According to the annual BrandZ Top 100 Most Valuable Global Brands report, Apple has ranked first in the BrandZ Top 100 Most Valuable Global Brands 2025 list for the fourth…

Canadian startup Cohere, which creates AI solutions for businesses, has been valued at $6.8 billion in a recent funding round, according to the Financial Times.

China Evergrande Group, a struggling Chinese property developer, announced that its shares will cease trading on the Hong Kong Stock Exchange on August 25.

Ford Motor Company intends to invest $2 billion to renovate a facility in Kentucky for the production of budget-friendly electric vehicles.

Eni's chemical sector Versalis and Italy's Acea Ambiente, an expert in waste-to-energy from landfills, have entered into a memorandum of understanding to create collaborative projects for recovering plastic waste from…

Samsung Electronics in South Korea will produce digital image sensors for Apple Inc. that are utilized in the iPhone, according to the Financial Times.

American Alphabet Inc. fully divested its shares in cybersecurity firm CrowdStrike during the second quarter, based on filings available on the US Securities and Exchange Commission (SEC) website.

UBS Group AG, a Swiss bank, will disburse $300 million to resolve Credit Suisse's U.S. claims concerning its sale of residential mortgage-backed securities (RMBS) in the United States.

Italy’s antitrust authority (Autorità Garante della Concorrenza e del Mercato, AGCM) has imposed a fine of €1 million on the Asian e-commerce platform Shein for misleading customers regarding the sustainability…

The South China Morning Post reports that the Hong Kong Stock Exchange (HKEX) is easing certain listing regulations.

American Mastercard Inc., the manager of one of the globe's biggest payment networks, boosted its net profit in the second quarter of 2025 by 14%, while revenue rose by 17%.…

The biggest American motorcycle maker, Harley-Davidson Inc., halved its net profit in Q2 of 2025 and saw a 19% decline in revenue.

Union Pacific Corp. and Norfolk Southern Corp., two U.S. rail operators, have reached an agreement to merge, resulting in the establishment of the first transcontinental railroad in the country.

The Financial Reporting Council (FRC) of the UK has initiated an inquiry into Deloitte LLP regarding its audit of Glencore Plc, a mining firm, and its UK subsidiary, Glencore Energy…

French authorities have launched a criminal investigation into Elon Musk's social network X (formerly Twitter) on suspicion of manipulating its algorithm and illegally collecting data, the platform reported.

Stellantis NV, the car manufacturer created from the merger of Fiat Chrysler and PSA Group, anticipates a net loss for the first half of the year owing to the considerable…

Chevron Corp. has secured a victory in arbitration against ExxonMobil Corp. regarding Hess Corp.’s assets in Guyana, enabling it to finalize its $53 billion acquisition of Hess, announced in October…

Mark Zuckerberg (ranked No. 3 on Forbes' global billionaires list, with a net worth of $242.1 billion), along with current and former Meta Platforms board members and executives, has consented…

The Supreme Court of South Korea has cleared Samsung Electronics Chairman Lee Jae-yong of all allegations concerning accounting fraud and stock manipulation.

TotalEnergies cautioned that lower oil and LNG prices adversely impacted its results in the second quarter, even with higher production levels.

Apple Inc. intends to invest $500 million in MP Materials Corp., the operator of the sole rare earth mine in the U.S., as reported by Fox Business, referencing multiple sources.

Stellantis NV, a European automaker, intends to cease its investment in Symbio, a joint venture focused on manufacturing hydrogen fuel cells for vehicles, by 2026.

Elon Musk's aerospace firm SpaceX is putting $2 billion into xAI, another venture of the American billionaire. This information comes from The Wall Street Journal, referencing knowledgeable sources. Elon Musk's…

The Italian brand Loro Piana, a subsidiary of LVMH Moet Hennessy Louis Vuitton SA, has been subjected to judicial oversight due to claims of collaborating with a contractor associated with…

Jensen Huang, the CEO of American Nvidia Corp., sold 225,000 company shares for $36.4 million. This was disclosed in a company announcement on the US Securities and Exchange Commission (SEC)…

Tesla is set to launch its inaugural showroom in India next week and is expected to start delivering electric vehicles to customers as soon as next month, according to Bloomberg,…

Italian chocolatier and confectioner Ferrero has reached an agreement to acquire American WK Kellogg, known for its breakfast cereals, according to a joint announcement from both parties.

BPER Banca, the fourth-largest lender in Italy, has acquired over 35% of its smaller competitor Banca Popolare di Sondrio (BPSO), according to the Italian Stock Exchange.

The American aerospace company Boeing Co. raised aircraft deliveries to clients by about 1.6 times in the second quarter relative to the same timeframe last year.

The Public Investment Fund (PIF) of Saudi Arabia has invested $200 million in a project to construct a 366-meter tall skyscraper in Manhattan and intends to acquire a two-thirds ownership…

French car manufacturer Renault is looking for a partner in India to enhance its foothold in the nation as its partnership with Japan's Nissan Motor deteriorates, Bloomberg reported, referencing sources.

According to Reuters, French antitrust authorities have imposed a €40 million fine on the Asian e-commerce platform Shein due to unfair business practices.

AstraZeneca Plc is in talks for a $15 billion collaboration with Summit Therapeutics, according to Bloomberg, which references sources.

Omar Sheikh, an analyst at Rothschild & Co. Redburn, has reduced Adobe Inc.’s rating to ‘sell’ from ‘neutral’ because of the risks associated with generative artificial intelligence (AI).

Glencore Plc, a top diversified commodity group globally, has revealed a new share repurchase program valued at up to $1 billion following the conclusion of the sale of its agricultural…

Hyatt Hotels Corp. is divesting 15 resorts in Mexico, Jamaica, and the Dominican Republic for $2 billion.

US President Donald Trump stated he will reveal a list of individuals who have shown interest in purchasing TikTok from its Chinese owners in approximately two weeks.

Campari Group has finalized a deal to transfer the Cinzano vermouth and sparkling wine production to privately owned Italian spirits firm Caffo Group 1915 (which owns the Vecchio Amaro del…

Germany's Autodoc, the biggest online auto parts retailer in Europe, has delayed its IPO.

Montage Technology, a Chinese semiconductor designer, aims to raise approximately $1 billion through a Hong Kong stock exchange listing and has enlisted banks to assist with the preparation, according to…

The Wall Street Journal reports, citing sources, that Bank of New York Mellon (BNY Mellon) is interested in merging with its competitor Northern Trust.

Japanese Nippon Steel finalized an agreement to purchase United States Steel, the steel firms announced in a combined statement.

INEOS Phenol, the top global producer of phenol and acetone, declared it will halt production at its Gladbeck facility in Germany.

Trump Media & Technology Group Corp. (TMTG), which is the parent company of Donald Trump's social platform Truth Social, has filed to establish the Truth Social Bitcoin and Ethereum ETF…

Pre-market trading shows a 7.48% decrease in shares of the American company Boeing, bringing the price to $198.

Italian bank UniCredit SpA will retract its offer for Banco BPM SpA if the Italian government fails to clarify the deal's terms, said UniCredit CEO Andrea Orcel at the Goldman…

Citigroup Inc. plans to raise its loan loss reserves by several hundred million dollars in the second quarter of 2025 relative to the first quarter, according to Viswas Raghavan, Citi's…