Cleveland-Cliffs, an Ohio-based steelmaker, announced its acquisition of Canadian peer Stelco Holdings for C$3.85 billion ($2.8 billion). This marks Cleveland-Cliffs’ first major
China economy expanded by 4.7% in the second quarter of 2024, significantly below the expected 5.1% forecast in a Reuters poll and
Boeing has started certification flight testing of its long-delayed 777-9 with U.S. aviation regulators onboard, the U.S. planemaker said in an emailed
OpenAI is under scrutiny following a complaint filed with the U.S. Securities and Exchange Commission (SEC) by whistleblowers. The complaint, seen by
Citigroup, the third-largest U.S. lender, exceeded Wall Street expectations for its second-quarter profit, reporting a profit of $1.52 per share for the
Oil producers Chevron Corp and Hess Corp have announced that they expect the U.S. Federal Trade Commission (FTC) to review their proposed
As part of CEO Hein Schumacher’s strategy to revive growth at the consumer goods giant, Unilever plans to reduce its office workforce
Tesla has launched a new rear-wheel-drive variant of its Model 3 long-range vehicle, priced at $42,490, which is $5,000 lower than the
Australia’s ANZ Group plans to “get to the bottom” of allegations of misconduct against its bond trading operations and will hold people
Ericsson shares rose 8% on Friday after the Swedish telecoms equipment maker reported a smaller-than-expected fall in second-quarter revenue, helped by a