Next week, General Motors Co. and Ford Motor Co. are expected to report strong profits for 2022, fueled by premium-priced pickup trucks and SUVs (SUVs).   Now, the Detroit rivals must persuade investors that last year's profit formula will continue to work as EV battery costs rise, high...

According to industry sources, Air India will sign a half-order for 495 jets with Boeing and engine suppliers General Electric and CFM International on Friday, as its new owner seeks to revitalize the airline and compete with larger rivals.   Air India is set to place an order for 190 Boeing...

According to two sources familiar with the matter, India's market regulator has increased its scrutiny of Adani Group transactions in the last year and will study a report issued by short-seller Hindenburg Research to supplement its own ongoing preliminary investigation into the group's foreign...

The energy major Shell is thinking about getting out of the retail electricity industry in the Netherlands, Germany, and the United Kingdom. The business cited challenging market conditions as the cause. Shell made it clear that it has started to assess the three businesses' strategic direction....

The cryptocurrency lender Genesis Global Capital had some hope of resolving its conflicts with creditors by this week, with the aim of exiting Chapter 11 by late May, said a lawyer for the bankrupt firm.    The lawyer, Sean O'Neal, testified at an initial hearing in...

Four companies that make chocolate were urged by non-profit organization Consumer Reports to agree to bring down the percentage of lead and cadmium that are found in the dark chocolate products that they manufacture. The organization has also set a timeline by Valentine's Day to adhere to the...

The Bill Gates Foundation has invested in an Australian that is creating a feed additive that causes cows to release less methane into the environment. Australian business Rumin8 Pty. has received funding from Breakthrough Energy Ventures (BEV), an investment company formed by Bill Gates, the...

Backed by enhanced revenues and a good growth om loans disbursed, India's ICICI Bank reported a 34.2% rise in its net profit for the October-December quarter.   The net profit for the quarter was 83.12 billion Indian rupees ($1.03 billion), compared to 61.94...

Nokia and Samsung recently struck a new agreement with regard to the continued use of patents in the 5G area. According to a press release from Nokia, the Finnish manufacturer of telecommunications equipment has reached an agreement with the South Korean company Samsung on the continued use of...