Hearst Communications Inc., the century-old media conglomerate, is among final bidders competing to acquire Ascential Plc’s consumer trend-spotting unit, people with knowledge of the matter said.
Germany and Intel Corp. sealed an agreement for the US company to receive subsidies worth €10 billion ($10.9 billion) for a semiconductor manufacturing facility in the eastern part of the country, according to people familiar with the deal.
Sartorius AG shares plunged after the German maker of lab equipment for drugmakers cut its earnings forecast as demand weakens following the Covid-19 pandemic.
Polestar Automotive Holding UK Plc is setting up a $200 million software joint venture with tech company Xingji Meizu, also owned by parent Zhejiang Geely Holding Group Co., to keep up on digital features in China.
A large-scale lithium project in Argentina planned by Lake Resources NL will be delayed by six years and cost around twice as much as originally anticipated. Its shares slumped after the announcement.
The 104-year-old French company is in its second year of a turnaround effort that hinges on a yogurt renaissance
The 104-year-old French company is in its second year of a turnaround effort that hinges on a yogurt renaissance
The European Union is looking at an array of tools to ensure it punches at its global weight, as countries such as China and Russia show an increasing willingness to use trade and the control of critical supply lines to further political and military goals.
Renewed overseas investor interest in Japan may help the country’s overlooked startups defy a global venture capital slump, according to early-stage investor Coral Capital Inc. Chief Executive Officer James Riney.
JD.com Inc. aims to create seven listed firms with market values of at least $14 billion apiece, outlining aggressive targets spanning two decades as it wrapped its signature 2023 sales gala with another record haul.
