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
ECB Threatens 20 Banks With Fines for Mismanaging Climate Risk
The European Central Bank has written to about 20 lenders to warn them that it will impose fines
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
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
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
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
Tesla Driver’s Family Can Seek Punitive Damages Over Fatal Crash
Tesla Inc.’s trial over a 2019 fatal crash blamed on Autopilot will include a claim against the company
2023-11-22 13:28