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BYD, Chinese EV Peers Post Record Sales for December
Chinese electric-vehicle makers have benefited from a government trade-in program in the world’s largest market for EVs.Jan. 1 - Business -
Justin Baldoni Sues New York Times, Escalating Feud Involving 'It Ends With Us' Co-Star Blake Lively
A recent Times article detailed an alleged smear campaign involving film’s director and his publicists.Dec. 31 - Business -
Burberry Sees Positive Signs as Turnaround Plan Continues
The company upgraded its earnings outlook as sales returned to growth in the Americas, saying efforts to revamp its brand showed positive signs over the key holiday period.6d - Business -
U.K. Firms Face Increased Financial Distress, Study Says
British business is set for a tough year, with a worrying surge in the number of firms entering “critical” financial distress in the final quarter of 2024, according to consultancy Begbies Traynor.6d - Business -
Woodside Energy Remains Uninterested in Upstream U.S. Gas Position
Woodside CEO Meg O’Neill said the company is taking part in discussions with parties interested in taking a stake in the development.Jan. 21 - Business -
EU New Car Registrations Rose in 2024, Driven by Spain
Car registrations in the EU—a reflection of sales—edged higher last year after Spain and France drove growth in December.Jan. 21 - Business -
The Playlist Power Broker Who Makes or Breaks New Artists
Spotify is known for its algorithmic recommendations, but Sulinna Ong brings a human touch to finding new hits.Jan. 17 - Business -
GeoPark, Repsol Agree to End Previously Inked Deal After Rights Exercised
Repsol in November signed a deal to sell upstream assets in Colombia to Latin American oil-and-gas explorer GeoPark for $530 million.Jan. 14 - Business -
Google Comes Under U.K. Investigation Over Search Services
It will be the first investigation under a new digital markets competition regime that could force the company to change its conduct.Jan. 14 - Business -
Persimmon Profit Seen at Upper End of Views
The house builder said its 2024 private sales rate was ahead of last year’s and that underlying pretax profit will be at the higher end of expectations.Jan. 14 - Business -
Norwegian Air Cuts Guidance on Weaker Domestic Currency
Norwegian Air Shuttle cut its full-year earnings guidance as it expects costs to increase due to a weakening of the Norwegian krone against the U.S. dollar during the fourth quarter.Jan. 13 - Business -
The CEOs Who Are Tearing Up the Policies Trump Hates
Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; ‘EVERYBODY WANTS TO BE MY FRIEND!!!’Jan. 9 - Business -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.Jan. 6 - Business -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.Jan. 1 - Business -
Rolls-Royce Strikes Contract to Supply Nuclear Reactors for U.K. Submarines
Rolls-Royce will manufacture nuclear reactors to power new U.K. submarines under a contract valued approximately at $11.1 billion.6d - Business -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.6d - Business -
CEOs Launch War Rooms, Hotlines to Cope With Trump's Order Blitz
Executive orders bring promised changes and surprising risks for business leaders.Jan. 21 - Business -
Olam Set to Announce Sale of Agribusiness Unit to Saudi Arabia Firm, Sources Say
Singapore-based Olam Group is close to announcing a deal to sell the remainder of its stake in its agricultural products business to the state-owned Saudi Agricultural and Livestock Investment ...Jan. 21 - Business -
Suess Microtec Shares Soar After Forecast-Beating Results
Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.Jan. 17 - Business -
MSNBC President Rashida Jones Departing as Cable Network Prepares for Comcast Spinoff
Jones helped MSNBC surpass CNN in ratings, though viewership has dropped since the election.Jan. 14 - Business -
Ocado Retail Revenue Soars
Ocado said revenue from Ocado Retail, its joint venture co-owned with Marks & Spencer grew sharply, driven by improved volumes and a record Christmas performance.Jan. 14 - Business -
London's Heathrow Had Record 2024
Passenger traffic hit a record in 2024, helped by a bumper December and holiday travel season, with 3 million more passengers than in the previous record of year of 2019.Jan. 13 - Business -
Americans Are Tipping Less Than They Have in Years
Frustration with rising menu prices and ubiquitous tip prompts lead to a six-year low.Jan. 9 - Business -
Ulta Names Steelman CEO, Kimbell to Retire
Ulta Beauty has named Kecia Steelman as its chief executive, succeeding David Kimbell, as the company aims to reaccelerate its growth amid a global slowdown in the beauty market.Jan. 6 - Business -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.Jan. 1 - Business -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.Dec. 31 - Business -
China's WeRide Wants to Build Global Robotaxi Empire
The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.6d - Business -
Warburg Pincus, CVC Among Bidders in Fray for Philippines' Largest Private Hospital
Private-equity firms are among several bidders vying for a stake in the largest private hospital in the Philippines in a deal that could value the business at around $3.0 billion, people familiar ...6d - Business -
Netflix Raises Prices Across Plans, Reports Record Jump in New Subscribers
The lowest-price, ad-supported option for the streaming service will cost $7.99 a month, an increase of $1.Jan. 21 - Business -
Country Garden Shares Rise After Monthslong Suspension
Shares in the company, once one of China’s largest developers, rose on the resumption of trade after it pledged to reach a debt-restructuring deal with creditors.Jan. 21 - Business -
BHP's Copper, Iron Ore Output Rose in Second Quarter
The mining giant posted a sharp rise in second-quarter copper production thanks to a jump in output at Escondida, the world’s largest copper mine.Jan. 20 - Business -
Swissquote Expects Results To Beat Views on Crypto Demand
The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.Jan. 17 - Business -
Brown-Forman to Cut 12% of Workforce in Restructuring
Brown-Forman named new executives and said it will cut about 12% of its global workforce, or roughly 648 jobs, as it undergoes a restructuring aimed to position the company for growth amid a choppy ...Jan. 14 - Business -
Malibu's Famous Fish Shack Is Gone. Its Owners Aren't Sure They Can Rebuild.
The Reel Inn was destroyed after more than 30 years in Malibu. Such small independent businesses have a more difficult time than others bouncing back from natural disasters.Jan. 13 - Business -
Porsche Expects Challenges to Continue as Car Deliveries Fell in China
The carmaker reported a drop in 2024 car deliveries with weakness in China offsetting growth in other markets, and said the year ahead is likely to remain tough.Jan. 13 - Business -
Fox Must Face Smartmatic's Defamation Lawsuit, Appeals Court Rules
The voting-machine company seeks billions in damages.Jan. 9 - Business -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.Jan. 3 - Business -
Advertisers Keep Avoiding News Sites, and Publishers Have Had Enough of It
Brands are skittish about appearing near stories on politics and violence, but news outlets say their fears are overblown.Jan. 1 - Business