Carmaker Volvo cut its earnings expectations for 2025, citing complex market conditions and uncertainty around worldwide trade wars.
Category: News
Harmony Gold Mining Profits Boosted by Higher Gold Prices
Harmony Gold Mining reported a higher net profit and strong revenue growth for the fiscal year, reflecting the company’s ability to capitalize on higher gold […]
CVC Confident After Key Metric Beat
CVC Capital Partners reported better-than-expected management fee earnings for the first half of the year and said it was confident on its outlook.
Verizon Strikes Deal to Acquire Frontier Communications
Verizon has agreed to acquire Frontier Communications in a $9.6 billion all-cash deal that would bolster the company’s fiber network to compete with rivals including […]
Europe to Ramp Up Lithium Mining to Cut China’s Market Grip
A fleet of new lithium mines are set to open across Europe in the next few years as the European Union pushes to increase supply […]
Verizon to Acquire Frontier Communications in $20 Billion Deal
The agreement is set to significantly expand the cellphone carrier’s fiber footprint across the U.S.
NIO’s Second-Quarter Net Loss Narrowed on Sales Boost
The Chinese EV maker’s net loss narrowed in the second quarter, thanks to robust sales that it expects to continue in the current quarter.
Leaked Disney Data Reveals Financial and Strategy Secrets
A data trove from Disney that hackers leaked earlier this summer includes details about streaming revenue, park pricing and some staff and customers of Disney […]
Deutsche Bank Shares Climb on Profit Boost From Postbank Settlement
Deutsche Bank said it reached agreements with a large share of plaintiffs to settle a long-running legal case over the price of the acquisition of […]
Advance Auto Parts to Sell Worldpac to Carlyle for $1.5 Billion
Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash.