Thyssenkrupp Writes Down Steel Unit as Energy Crisis Weighs
Thyssenkrupp AG wrote down the value of its steel business by a further €1.8 billion ($1.96 billion), the
2023-11-22 16:18
Chinese Game-Streaming Mogul Arrested in Latest CEO Probe
Chinese police have arrested DouYu International Holdings Ltd.’s founder Chen Shaojie, the latest in a series of executive
2023-11-22 16:17
Record Fosun Asset Sales Can’t Halt Stock Drop to Decade Low
Even after a record stretch of asset sales that total at least $6.6 billion in just two years,
2023-11-22 15:47
Altman Returns as OpenAI’s CEO With Summers on Board
OpenAI will bring back Sam Altman and overhaul its board to bring on new directors including Larry Summers,
2023-11-22 15:24
Korea Takes Short-Term LNG Path While Rivals Embrace Long Deals
South Korea is avoiding the global trend toward long-term agreements on liquefied natural gas due to high prices,
2023-11-22 15:18
Airline SAS Gets US Court Approval for $1.2 Billion Rescue Plan
Airline SAS AB received approval from a bankruptcy court in New York for a $1.2 billion rescue package
2023-11-22 14:59
OpenAI says ousted CEO Sam Altman to return to company behind ChatGPT
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, the latest in a saga that has shocked the artificial intelligence industry
2023-11-22 14:49
New Binance CEO Teng’s First Job Is to Avert Customer Exodus
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These
2023-11-22 14:46
Ships Across the World Face Hefty $3.6 Billion Climate Bill
Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start
2023-11-22 14:29
Britain's Conservative government set to start cutting taxes ahead of likely election next year
Britain’s Conservative government will try to win favor with voters by cutting taxes but avoiding worsening inflation in a budget statement
2023-11-22 14:24
Fewest Japanese Firms on Record Planning to Expand in China
Japanese companies planning to expand their business in China have fallen to a record low, as geopolitical tensions
2023-11-22 14:15
North Korea Claims Satellite Win After Two Failures This Year
North Korea claimed it successfully put a spy satellite into orbit after two attempts earlier this year ended
2023-11-22 13:59