Key Points Dutch chip equipment giant ASML faced a wave of criticism from shareholders on Wednesday after the company accidentally published its third-quarter earnings report
Key Points LG Energy Solution (LGES), South Korea’s leading battery manufacturer, has secured two significant agreements with Ford to supply 109 gigawatt-hours (GWh) of batteries
Key Points Boeing announced on Tuesday that it might raise $25 billion in shares or debt over the next three years. This move comes as
Key Points Alphabet’s Google has made history by signing the world’s first corporate agreement to purchase power from multiple small modular reactors (SMRs) to meet
Key Points Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chipmaker, is poised to announce a 40% rise in third-quarter profit, driven by the
Key Points General Motors (GM) and Barclays have entered into a long-term credit card partnership to offer GM-branded credit cards that allow customers to earn
Key Points Chinese state-owned automaker GAC is considering manufacturing electric vehicles (EVs) in Europe to avoid potential tariffs imposed by the European Union. The company’s
Key Points Boeing announced on Monday that it will cut 17,000 jobs—about 10% of its global workforce—as part of its restructuring plan in response to
Key Points Swedish electric vehicle battery manufacturer Northvolt is discussing with investors and lenders to secure around €200 million ($218 million) in short-term funding, according
Key Points German technology giant Merck announced the opening of its latest Spin-on-Dielectric (SOD) application center in Anseong, Gyeonggi Province, South Korea, on Thursday. This
Key Points China’s ByteDance, the parent company of TikTok, has laid off more than 700 employees from its Malaysian operations as part of a strategic
Key Points Delta Air Lines (DAL.N) warned on Thursday of a potential revenue impact in the fourth quarter as consumers prioritize staying home around the
Key Points LG Electronics Inc. plans to double the sales of its Business Solutions (BS) division to 10 trillion won ($7.5 billion) by 2030 as
Key Points Spotify (SPOT.N), the popular audio streaming platform, announced on Thursday that it has made its free music and podcast service available in South
Key Points Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, reported third-quarter revenue that significantly exceeded both market forecasts and the company’s estimates,
Key Points European luxury brands such as Hermès and Dior are facing concerns that they may become targets in China’s retaliation against the European Union’s
Key Points On Tuesday, Boeing (BA.N) announced that it has withdrawn its pay offer to around 33,000 striking factory workers on the U.S. West Coast,
Key Points Chinese lithium producers are intentionally flooding the global market with excessive supply, leading to a steep drop in prices as part of a
Key Points On Monday, a U.S. District Judge ordered Google, a subsidiary of Alphabet (GOOGL.O), to revamp its mobile app business in response to a
Key Points Chevron Corporation announced Monday its decision to sell its assets in Alberta’s Athabasca Oil Sands and Duvernay Shale to Canadian Natural Resources Limited (CNRL) for
Key Points General Motors (GM) has paused vehicle production at two major U.S. plants, citing supply chain disruptions caused by Hurricane Helene. The production halt
Key Points Ports along the U.S. East and Gulf Coasts began reopening Thursday night following the resolution of the largest work stoppage in nearly 50
Key Points OpenAI has secured a $4 billion revolving line of credit, bringing its total liquidity to over $10 billion. This follows OpenAI’s recent funding
Key Points On Thursday, U.S. ports faced severe disruptions as the largest dockworker strike in nearly 50 years entered its third day. The strike, launched
Key Points On Wednesday, Oracle (ORCL.N) announced its plans to invest over $6.5 billion to establish its first public cloud region in Malaysia, marking a
Key Points The U.S. auto market is projected to see sluggish growth in the third quarter of 2024 as inflation and high vehicle prices deter
Key Points Serve Robotics, known for its sidewalk food delivery robots, announced a new partnership with Alphabet-owned Wing Aviation to extend its delivery range using
Key Points Amazon.com Inc. secured a partial victory on Monday when a U.S. federal court in Seattle granted a motion to dismiss part of the
Key Points According to a report from The Information, Japanese telecommunications giant SoftBank’s Vision Fund is set to invest $500 million in OpenAI as part
Key Points South Korean investors, previously drawn to the U.S. and China for higher returns, are now flocking to India. Dubbed the “Next China” by
Key Points Negotiations between Boeing and the International Association of Machinists and Aerospace Workers (IAM) have broken down, with no further discussions scheduled. On Friday,
Key Points Britain’s Competition and Markets Authority (CMA) announced on Friday that it will not pursue a deeper investigation into Amazon’s partnership with Anthropic, as
Key Points Intel Corporation (INTC) is close to finalizing an $8.5 billion funding agreement with the U.S. government, according to a report by the Financial
Key Points Microsoft (MSFT.O) has announced a significant investment of 14.7 billion reais ($2.7 billion) in Brazil over the next three years to enhance its
Key Points Brazilian airline Total Linhas Aéreas is negotiating with China’s state-owned Commercial Aircraft Corporation of China (COMAC) to become the first airline outside of
Key Points On Wednesday, U.S. Steel (X.N) announced that an arbitration board had ruled in favor of Nippon Steel’s (5401.T) $14.9 billion buyout of the
