12 articles
**A record-breaking heat wave has shifted from western to eastern Europe, with Budapest expected to hit 40°C and red warnings issued across Poland, Hungary, Romania, and the Balkan...
**Bridgepoint Group Plc is acquiring Kayne Anderson Real Estate for $1.4 billion, marking its first major push into U.S. property.** The deal, structured as a mix of shares and cas...
**British American Tobacco is slashing roughly 9,000 jobs, or nearly one-fifth of its global workforce, as part of an aggressive cost-cutting and restructuring drive.** The cuts in...
**Lindt & Spruengli AG is heading for its worst quarterly stock performance in 17 years as consumers push back against steep price hikes.** The Swiss chocolatier raised prices near...
**Prosus NV reported a surge in adjusted EBITDA to $1.05 billion, more than doubling profit and beating analyst expectations.** The tech investment company’s growth was fueled by s...
**Amazon and Flipkart are crashing India's 10-minute delivery party, triggering a $15 billion rout for incumbents Zomato and Swiggy.** Zomato's Blinkit has fallen 27% from its all-...
**Oil tankers continue to transit the Strait of Hormuz, but a growing number of owners are turning off their transponders or avoiding the route altogether after two recent attacks....
**Pakistan has issued an urgent tender to purchase liquefied natural gas for delivery within days, as a series of attacks in the Strait of Hormuz disrupts global LNG flows.** The s...
Toyota Motor Corp.’s posted another drop in global sales, hit by Middle East disruptions and tough competition in China that pushed the world’s top-selling automaker into a fourth ...
**Dis-Chem Pharmacies faces a pivotal succession test as founder Ivan Saltzman, 76, retires as chairman, raising questions about whether the entrepreneurial culture that built a $1...
**Russia is expanding its covert LNG fleet to bypass Western sanctions, using aging tankers like the 19-year-old Arctic Express to move fuel from sanctioned projects.** The vessel ...
**China faces unprecedented uncertainty in forecasting energy demand as structural economic shifts and rapid growth in AI, EVs, and advanced manufacturing reshape consumption patte...