Prior to next week’s elections, Pakistan’s caretaker administration is making binding plans for a new government to sell loss-making Pakistan International Airlines (PIAa.PSX), according to the…
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Activist investor Barington Capital is pressuring toymaker Mattel (MAT.O) to make significant changes, including exploring strategic alternatives for its Fisher-Price and American Girl brands and separating…
Volvo Cars (VOLCARb.ST) announced on Thursday that it would no longer fund Polestar Automotive Holding (A4N1y.F), handing over responsibility for the luxury car brand to China’s…
Hydro (NHY.OL), an aluminum producer, will invest 180 million euros ($195.39 million) in a new aluminum recycling plant in Spain, producing 120,000 metric tons of low-carbon…
Julius Baer (BAER.S) CEO Philipp Rickenbacher will leave the bank, the Swiss wealth manager announced on Thursday, as it reported net credit losses of 586 million…
Paytm (PAYT.NS), an Indian digital payments firm, lost a fifth of its market value on Thursday after the central bank ordered its payment bank subsidiary to…
The launch of U.S. exchange-traded funds (ETFs) tracking bitcoin strengthens ties between the volatile world of cryptocurrencies and the traditional financial system, potentially introducing new risks,…
The United Auto Workers put out key elements of the union’s preliminary 4 1/2-year contract with Ford Motor (F.N) on Sunday, which, if ratified by members,…
The union that represents thousands of Starbucks employees in the United States is organizing a walkout on one of the coffee company’s busiest days of the…
Some investors in OpenAI, the developers of ChatGPT, are considering legal action against the company’s board, individuals familiar with the situation told Reuters on Monday, after…