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
Asia stocks slip, dollar sell-off eases as dovish Fed cheer fades
By Tom Westbrook SINGAPORE Asian stocks backed away from 2-1/2-month highs on Wednesday and the dollar found support
2023-11-22 14:56
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
Thyssenkrupp posts $2.3 billion impairment on steel division
FRANKFURT (Reuters) -Germany's Thyssenkrupp on Wednesday unveiled a 2.1 billion euro ($2.3 billion) impairment on its steel unit due to
2023-11-22 14:24
Meloni’s Italy Tastes Schadenfreude Over German Fiscal Fiasco
Italian Prime Minister Giorgia Meloni could be forgiven for feeling any schadenfreude this week while looking on at
2023-11-22 13:29
Australian Bank Tells Staff to Return to Office or Face Pay Cut
ANZ Group Holdings Ltd.’s most recent work-from-home directive has drawn fire from a union that represents financial employees
2023-11-22 13:24