FinanceApr 8
Rising Gas Prices Drive Consumer Focus on Fuel Efficiency
Gasoline prices averaging above $4 nationally prompt drivers to seek fuel-saving strategies as auto industry highlights efficiency at trade shows.
17 sources
FinanceMay 22
Investment Banks Regain Prominence as Deal Activity Surges in 2024
Major banks are experiencing renewed strength in deal-making activities while managing increased exposure to private equity transactions.
8 sources
FinanceMay 16
Schroders to Exit China Mutual Funds Business After Three Years
British asset manager Schroders plans to withdraw from China's mutual funds market after a brief three-year presence.
9 sources
FinanceJun 11
Major US Companies Announce Workforce Reductions and Operational Changes
Several large employers including Volkswagen and Papa John's have announced significant job cuts and location closures amid challenging market conditions.
4 sources
FinanceMay 29
Innovent Biologics and Pfizer Announce $10.5 Billion Cancer Drug Partnership
Chinese biotech firm Innovent Biologics signed a major cancer drug development deal with Pfizer worth up to $10.5 billion.
5 sources
FinanceApr 23
Honeywell Plans Aerospace Spinoff for June Amid Business Restructuring
Honeywell International is restructuring operations with plans to spin off its aerospace unit in June and sell its warehouse solutions business.
9 sources
FinanceMay 29
China Pressures Banks to Increase Lending Amid Economic Challenges
China's central bank has directed commercial banks to boost May lending as the country faces persistent credit weakness and rising export costs.
5 sources
FinanceMay 10
Africa's Richest Man Dangote Eyes Kenya for New Refinery Expansion
Nigerian billionaire Aliko Dangote is considering Kenya as a location for a new oil refinery, according to multiple reports.
10 sources
FinanceJun 11
Frasers Group Launches Takeover Bid for German Fashion House Hugo Boss
UK retail group Frasers has made a cash offer to acquire full control of Hugo Boss, causing the German luxury brand's shares to surge 8%.
4 sources
FinanceApr 26
Markets Show Mixed Performance Amid Earnings Season and Sector Rotation
Stock markets experienced volatility this week as earnings results varied by sector, with semiconductors overbought and healthcare facing headwinds.
15 sources
FinanceJun 10
Bank of Japan Governor Kazuo Ueda Hospitalized, Expected to Miss June Policy Meeting
Bank of Japan Governor Kazuo Ueda has been hospitalized and is expected to miss the central bank's June policy meeting.
3 sources
FinanceJun 11
Private Equity and Hedge Fund Activity Spans Multiple Sectors and Regions
Investment firms announce new funds and ventures across entertainment, quantitative trading, and international markets.
6 sources
FinanceMay 4
Mixed Financial News: Fund Flows Slow, Antitrust Probe Targets Beef Industry
U.S. equity fund inflows hit six-week low while DOJ launches antitrust investigation into beef processors amid various market developments.
11 sources
FinanceApr 22
Chinese Automakers Challenge European Premium Brands at Beijing Auto Show
Chinese electric vehicle manufacturers showcased competitive models at Beijing auto show, targeting European luxury brands' market share.
9 sources
FinanceMay 20
Stellantis, Dongfeng Plan Joint Venture for European Electric Vehicle Sales
Automaker Stellantis and China's Dongfeng Motor are forming a joint venture to sell Voyah-branded electric vehicles in Europe.
8 sources
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