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The $210 bln Ozempic maker spends less than rivals on developing new drugs. That’s a problem as upstarts challenge its blockbuster obesity medication. Loading up the research budget will eat into the ...
Since unveiling a $9 bln stock swap to buy computing power supplier Core Scientific, the buyer’s shares have tumbled 30%.
The UK fund manager has received a 6 mln pound penalty for poorly managing liquidity risks in his 10 bln pound vehicle.
CEO Stephen Dacus offered few new details on how to revive growth after rival Couche Tarde's failed $46 bln takeover. Doubling down on previous pledges, like faster store openings and listing its ...
Tata Motors' latest cross-border acquisition comes with a peculiar Indian flavour. The automaker's heavy-vehicles unit will raise equity to pay off some of the 3.8 billion euro ($4.4 billion) loan for ...
Named to the top job nearly five years ago, Jane Fraser is winning investor favor with rising returns as the bank’s share price finally reaches its book value. Praise is warranted, but with asterisks.
Shares of Match Group, owner of hook-up app Tinder, have collapsed by 80% since their peak in 2021. Fatigued younger users ...
Sweden's EQT will pay $2.7 bln for the elevator maker. It's a good outcome for pushy shareholders following a five-year grind ...
Firing the top US economic statistician is the administration’s latest step in dismantling the government’s research ...
Lenders like Lloyds Banking Group will pay punters who took out unfair car loans up to 18 bln pounds. Yet it could have been ...
Donald Trump is vowing to up tariffs on the Asian country’s goods over its crude purchases. Forgoing the cheap supplies would be manageable, but New Delhi’s ties with Moscow buttress its strategic ...
The app is spurring shoppers to buy everything from Labubu toys to Dubai chocolate. Word travels so fast, it’s also causing commodity shortages and price spikes. Some $10 bln of sales, and rising, ...
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