Japanese car manufacturer Nissan Motor Co. has started the issuance of bonds in dollars and euros, aiming for a total of $4.5 billion. The coupon rate for bonds totaling €1.3 billion, set to mature in four to eight years, will range from 5.25% to 6.375%, according to Bloomberg, which cites sources....

US President Donald Trump's trade adviser Peter Navarro has condemned Apple Inc. CEO Tim Cook for postponing the shift away from China. “During Trump's first term, Tim Cook was consistently requesting additional time to relocate factories from China,” Navarro stated to CNBC. “I believe it's the...

Saudi Arabian Oil Co. (Saudi Aramco) is contemplating divesting energy assets as a component of a larger initiative to generate cash and reduce expenses, according to sources cited by Reuters. The possible divestment of four or five gas-powered plants supplying energy to refineries might generate...

Nippon Steel of Japan announced plans to secure two subordinated loans amounting to 800 billion yen ($5.6 billion) to fund its recently finalized $14.9 billion purchase of United States Steel (US Steel). The initial loan of 500 billion yen will serve to partially settle a short-term loan of 2...

ASML, Airbus, Mercedes-Benz Group, Deutsche Lufthansa, along with other European firms, have urged European Commission President Ursula von der Leyen to postpone the implementation of the artificial intelligence law by two years. Otherwise, the EU’s aspirations in AI will be jeopardized, as stated...

Shares of Canadian Bombardier Inc. soared to their peak level since 2018 following the announcement that the firm secured an order for 50 Challenger and Global aircraft from an undisclosed client, along with a service contract for those planes. The deal's overall worth is estimated to be $1.7...

According to a company statement cited by CNBC, the American fast food chain Raising Cane's achieved revenue of $5.1 billion in 2024. As a result, the company overtook the KFC chain in sales within the US and secured the third position in the category of restaurants focused on chicken meals....

As flagship markets in the United States and China show signs of fatigue, luxury houses are increasingly turning their attention to the Middle East, banking on the region’s deep pockets and surging tourism to drive growth. Bolstered by sovereign-wealth fund spending, sports and cultural...

The European Central Bank (ECB) has approved Italy's Banca Monte dei Paschi di Siena to take over its competitor Mediobanca. Monte Paschi announced that the regulator has approved its direct purchase of a controlling interest in Mediobanca and its indirect acquisition of control over the Mediobanca...