Business
Shares of Whirlpool Corporation fell sharply on Thursday, reaching their lowest level in more than 14 years, after the company reported weaker-than-expected first-quarter revenue and announced the suspension of its dividend. The decline reflects growing pressure on consumer-facing industries as households......
Italian telecom operator Telecom Italia SpA could be entitled to receive up to 75% of the financial benefits generated by FiberCop in the event of a commercial agreement with rival network operator Open Fiber, according to its chief executive. FiberCop, a major wholesale broadband infrastructure company......
German satellite manufacturer OHB SE has indicated it may pursue legal action if European Union regulators approve a major satellite merger involving Airbus, Thales, and Leonardo. The planned deal, announced in October under the code name “Project Bromo,” aims to combine the satellite manufacturing......
Asset management giant Blackstone announced a decline in the value of its private credit vehicle, the Blackstone Secured Lending Fund, during the first quarter of 2026. The adjustment reflects growing caution among investors regarding companies operating in the software industry, particularly as artificial......
The online system for reclaiming U.S. tariff payments ruled unlawful by the Supreme Court is operating more smoothly than initially expected, according to a customs specialist at Swiss logistics group Kuehne + Nagel. The refund mechanism was launched last month following a court decision that struck......
Renault Group has renewed its Shareplan employee share ownership program for the fifth consecutive year, offering approximately 100,000 workers across 24 countries the opportunity to acquire company shares at substantially discounted prices. The 2026 edition of the plan extends a commitment the automaker......
Andersen Consulting has announced a major strategic collaboration with Weexa, a global player specializing in B2B integration flows and supply chain digitalization. The partnership aims to enhance Andersen’s technological offering while supporting companies in the deep modernization of their digital......
Energy companies INEOS Energy and Shell PLC have announced a joint initiative to explore new oil and gas opportunities in the Gulf of Mexico. The collaboration aims to expand offshore exploration and production activities in the region. Focus on offshore exploration The partnership will focus on areas......
UNO.ma, Morocco's leading authorized Apple reseller, has announced the creation of UNO Business, a dedicated unit designed to address the specific technology and equipment needs of the country's small and medium-sized enterprises. The launch marks a strategic expansion beyond the company's......
A consortium led by steel industry billionaire Lakshmi Mittal and pharmaceutical entrepreneur Adar Poonawalla has agreed to acquire the Indian Premier League (IPL) franchise Rajasthan Royals in a deal valued at approximately $1.65 billion. The agreement marks one of the most significant investments......
The Abu Dhabi National Oil Company (ADNOC) has announced plans to invest $55 billion in new projects over the next two years, marking a significant expansion of its long-term growth strategy in the global energy sector. According to an official statement released on Sunday, the company confirmed that......
The United States government does not currently see the need to provide financial assistance to airlines despite mounting pressure from rising fuel costs, according to Sean Duffy. Speaking at a press briefing, the transportation secretary stated that low-cost carriers requesting government relief still......
Thyssenkrupp has announced a pause in its negotiations with Jindal Steel International over the potential sale of its steel division, signaling a setback in the company’s ongoing restructuring strategy. The discussions, which had been underway for several months, were aimed at exploring a possible......
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