Companies & CEOs

Blackstone Inc. of the U.S. intends to invest roughly $500 billion in Europe over the upcoming decade, according to Chief Executive Officer Steve Schwarzman in an interview with Bloomberg TV.

Crane Co., a manufacturer of industrial products in the US, has reached an agreement to purchase the sensor technology division of Baker Hughes Co. for $1.15 billion.

Swiss bank UBS Group AG must set aside extra capital of up to $26bn as per the banking reform proposed by the nation's government.

The UK fintech firm Wise has revealed plans to transition to a dual listing.

Apple Inc. has lodged an appeal with the European Court of General Jurisdiction challenging the European Commission's directive to enhance the compatibility of its iOS operating system with rival products,…

The UK government has fully divested its holdings in NatWest Bank (previously Royal Bank of Scotland), according to the Financial Times.

Dell Technologies reduced net income by 3% in the first quarter of fiscal 2026 while boosting revenue by 5% and provided a positive outlook for the ongoing quarter.

Boeing Co. will restart aircraft deliveries to China in the upcoming month, stated the company’s chief executive officer Kelly Ortberg during a Bernstein event on Thursday.

The cosmetics manufacturer company e.l.f. Beauty has acquired the cosmetics brand Rhode, founded by model Hailey Bieber, for $1 billion, writes CNN.

The administration of US President Donald Trump has prohibited certain US firms from selling products to China, according to CNN, which referenced an unnamed official from the Commerce Department.

The European Commission (EC) stated that Shein, the Asian e-commerce platform, engages in sales practices that breach EU law and may incur fines if it does not alter its behavior.

Participants at the NATO summit scheduled for June 24 to 26 may approve a defense expenditure target of 5% of GDP for member nations, Secretary General Mark Rutte stated on…

Reuters writes citing three sources that the online adult content platform OnlyFans could be acquired by a group of investors headed by the US investment firm Forest Road Company for…

In April, the Chinese firm BYD Co. surpassed Tesla for the first time ever in electric car sales within Europe, according to Bloomberg, referencing data from the analytical firm Jato…

Jiangsu Hengrui Pharmaceuticals, a Chinese pharma firm, executed a share sale in Hong Kong at the maximum limit of its announced price range, according to Bloomberg, referencing a report released…

Home Depot Inc., the biggest home improvement retailer in the U.S., posted a 9.4 percent revenue increase in the first quarter of fiscal 2025, exceeding predictions, although its adjusted earnings…

According to Saad al-Kaabi, Qatar's Minister of Energy and head of QatarEnergy, oil companies require a price range of $70-80 per barrel to sustain production and growth, and investments will…

US consumer products company Kimberly-Clark Corp. has opted to shift its listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market.

Qatar Airways reported a net profit surge of 28 per cent, reaching a record 7.8 billion riyals ($2.1 billion) for the financial year 2024, which concluded in March, according to…

US Microsoft Corp. has proposed to sell the Office software suite in the European Economic Area (EEA) at a lower price without the Teams messenger to address the European Commission's…

According to the annual Brand Finance China 500 report, TikTok was still the most valuable brand in China in 2025.

On Tuesday, the US Treasury Department declared sanctions on 20 entities in China and Singapore for their role in facilitating the export of Iranian oil to international markets, as stated…

US car manufacturer General Motors has designated Sterling Anderson as chief product officer, as stated in a press release.

Apple Inc. intends to increase prices for the iPhone series it will introduce this fall, as reported by The Wall Street Journal.

The court in the Swiss canton of Zug ratified the settlement agreement made on April 30, 2025, between Nord Stream 2 AG (the builder of the Nord Stream 2 gas…

According to The New York Times, Google has consented to pay $1.375 billion to the state of Texas to resolve two lawsuits over accusations of breaching consumer protection laws. State…

According to Bloomberg, citing sources, US AI firm OpenAI, creator of ChatGPT, has reached a deal to acquire Exafunction Inc. for approximately $3 billion.

According to sources cited by Bloomberg, Saudi budget carrier Flynas anticipates conducting an IPO valued at $1 billion.

Uber Technologies, headquartered in the US and offering cab-hailing and food delivery services, reported a net profit for the first quarter of 2025, contrasting last year's loss, and surpassing market…

US food producer Tyson Foods experienced a significant decline in net profit during the second quarter of fiscal 2025, although the adjusted amount exceeded analysts' predictions.

Apple Inc., located in the US, reported second fiscal quarter revenue and net income that exceeded market expectations.

Bloomberg reports, citing sources, that South Korean LG Electronics Inc. has halted its plans for the IPO of its Indian subsidiary because of market fluctuations.

Hyundai Motor of South Korea revealed that it has signed a memorandum of understanding with Posco Holdings to collaborate on building a steel plant in the United States.

A congressional committee in the U.S. urged investment banks JPMorgan Chase & Co. and Bank of America to not engage in the preparations for the IPO of Chinese battery producer…

The overall compensation for American Meta Platforms' founder and CEO Mark Zuckerberg in 2024 rose by $2.8 million, totaling $27.2 million, as announced by the company in a statement on…

The U.K.'s Competition Appeal Tribunal has filed a lawsuit against Google, a unit of Alphabet Inc., to claim over 5 billion pounds ($6.6 billion) in damages for its exploitation of…

Louis Vuitton Moët Hennessy (LVMH, which includes brands like Louis Vuitton, Dior, jewelry label Tiffany, and cosmetics retailer Sephora) has ceded its position as the largest luxury goods firm by…

Bank of New York Mellon, the biggest custodian bank globally, saw a 21% rise in net income during the first quarter of 2025, with a 6% increase in revenue.

The discussions of the Italian fashion label Prada regarding the acquisition of the Versace brand from Capri Holdings Ltd. have been threatened by the decline in global stock markets, as…

Analyst Ryan Brinkman from JPMorgan Chase & Co., among the most bearish analysts on Wall Street, reduced his profit outlook for Tesla, citing the extent of adverse customer feedback regarding…

According to the Bloomberg Billionaires Index, the fortunes of the 500 wealthiest individuals globally decreased by $208 billion on April 3, as stock markets plummeted following U.S. President Donald Trump's…

The Competitions and Markets Authority (CMA) of the UK has declined to grant unconditional approval for a transaction wherein the US oilfield services firm SLB (previously named Schlumberger) aimed to…

American Amazon.com Inc., the leading online retailer globally, has made an offer to acquire the complete social network TikTok from Chinese company ByteDance, writes The New York Times, referencing sources.

In 2024, Chinese Huawei Technologies' net profit dropped by 28% to 62.6 billion yuan ($8.63 billion) compared to the previous year, according to a report from the company, as reported…

Japan's SoftBank Group intends to establish industrial parks for artificial intelligence (AI) in the United States and is contemplating investments exceeding $1 trillion, according to Nikkei.

Sinopec, China's biggest oil refining firm, stated that it has found over 140 million tons of confirmed shale oil reserves in Shandong Province, according to Xinhua.

Chinese car manufacturer Chery Automobile Co. intends to establish an electric vehicle manufacturing plant in Turkey with an investment of $1 billion.

Jury in the US state of Georgia has issued a ruling favoring the plaintiff in the Roundup herbicide lawsuit, a Monsanto product that was bought by Germany's Bayer in 2018…

According to informed sources cited by Bloomberg, Italian truck manufacturer Iveco Group aims to sell its defense division for as much as 1.5 billion euros.v

The pool of bonus payments for employees at Germany's Deutsche Bank for 2024 rose by 25% to reach a decade-high of €2.5 billion, as stated in the bank's annual report.