Siemens Energy: No dividend proposed for FY22 due to net loss, expected challenges
[ad_1] Siemens Energy AG said Wednesday that it swung to a profit in the fourth quarter of its fiscal year and that it expects net loss to reduce in fiscal…
[ad_1] Siemens Energy AG said Wednesday that it swung to a profit in the fourth quarter of its fiscal year and that it expects net loss to reduce in fiscal…
[ad_1] U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office for National Statistics said Wednesday that…
[ad_1] Tesla Inc.’s former country director in Australia pleaded guilty in a Sydney court to two counts of insider trading, having bought shares in Belmont, N.C.-based Piedmont Lithium Inc. after…
[ad_1] Apple Inc. plans to source chips for its devices from a manufacturing plant currently under construction in Arizona, according to a new report. Bloomberg News reported Tuesday that Apple…
[ad_1] Estée Lauder Cos. EL, +2.86% will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever…
[ad_1] In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms. In the third quarter, the hedge fund manager at Scion Asset…
[ad_1] Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part of its securitized-products group and other financing businesses to Apollo Global Management Inc. as…
[ad_1] Berkshire Hathaway Inc. added positions in materials manufacturer Louisiana-Pacific Corp., investment bank Jefferies Financial Group and chip manufacturer Taiwan Semiconductor Manufacturing Co. Ltd. during the third quarter, according to…
[ad_1] Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to…
[ad_1] ““Kyrie stepped over the line. It’s kind of that simple. He made some statements that we just can’t abide by and that’s why we ended the relationship. And I…
[ad_1] The swift unraveling of cryptocurrency exchange FTX, which culminated in a Chapter 11 bankruptcy announcement on Friday, is raising questions about whether it might produce a spillover into broader…
[ad_1] An injunction granted by a federal judge in response to a lawsuit against the New York State Office of Cannabis Management threatens to severely impact the full launch of…
[ad_1] Rheinmetall AG RHM, +3.85% said it has agreed to acquire Spanish ammunition maker Expal Systems SA for an enterprise value of 1.2 billion euros ($1.24 billion). Expal , which…
[ad_1] Twitter laid off a large portion of its contract workforce over the weekend, according to multiple reports. Platformer’s Casey Newton first reported the layoffs Saturday, and said Sunday that…
[ad_1] Twitter owner and Chief Executive Elon Musk continued to antagonize his critics Sunday, drawing the ire of a powerful senator who sits on the Commerce committee. On Friday, Sen.…
[ad_1] After decades of hard work, retirement can be a blissful time, but without a little organization, it can also be overwhelming. Retirement Tip of the Week: Before you get…
[ad_1] Inflation is cooling, but shelter makes up the lion’s share. Headline inflation fell by more than expected last month. In October, prices rose by 7.7% on the year in…
[ad_1] So what are the Democrats’ chances for maintaining control of the U.S. House of Representatives, with Republicans fewer than 10 wins away from a majority as of Friday afternoon?…
[ad_1] NIO Inc. 9866, +17.98% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car maker’s…
[ad_1] A federal judge in Texas on Thursday struck down the Biden administration’s student-debt forgiveness plan, imperiling a key administration priority that would have canceled up to $20,000 in student…
[ad_1] Alameda Research, a crypto trading firm affiliated with embattled crypto exchange FTX, appears to have shorted the dollar-pegged stablecoin Tether (USDT) on Thursday, according to blockchain data. However, FTX’s…
[ad_1] Shares of Nio Inc. rallied Thursday, off a more-than-two-year low in the previous session, after the China-based electric vehicle maker reported third-quarter per-share losses that were more than double…
[ad_1] Tesla Inc. stock was removed from Wedbush’s Best Ideas list on Thursday, with analyst Dan Ives citing the overhang from Chief Executive’s entanglement with Twitter Inc. “In what has…
[ad_1] The cryptocurrency market has been hammered this week as major cryptocurrency exchange FTX falters, but one noted technical analyst says bitcoin could reach a bottom as early as Friday.…
[ad_1] Credit Agricole SA said Thursday that third-quarter profit and revenue fell on year amid market volatility. The French bank ACA, -0.29% said net profit in the three months to…