Business

Exclusive: Air India nears historic order for up to 500 jets

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars…

3 years ago

Chinese carmakers target more European sales with five-star EVs

Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more…

3 years ago

SMIC reports 35% rise in Q3 revenue, warns of impact from export controls

Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Thursday reported a 34.7% rise in third-quarter revenue and lifted its…

3 years ago

Vodafone teams up with KKR and GIP in 16 billion euros towers deal

Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a…

3 years ago

Sony hikes FY profit forecast by 4.5% on foreign exchange boost

Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the…

3 years ago

Exclusive: Tesla plans mass production start for Cybertruck at end of 2023

Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for…

3 years ago

Blackstone to buy majority stake in Emerson’s climate tech unit in $14 bln deal

Emerson Electric Co will sell a majority stake in its climate technologies unit to Blackstone Inc in a deal that values it…

3 years ago

Shell advances to next round of bidding for Danish biogas maker Nature Energy -sources

LONDON, Oct 18 (Reuters) - Shell is among a number of companies joining a second bidding round to acquire Danish biogas…

3 years ago

Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say

The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen…

3 years ago

Investors uneasy as market decline accelerates

The Bank of England maintained that it is emergency bond-buying program would expire this week, which caused more instability in…

3 years ago