The US auto parts firm collapsed after hiding at least $4 bln in debt. The losses will be shared widely among credit investors, who can absorb the hit. But if lax financial controls prove to be more ...

Anglo American’s merger with Teck Resources has sparked a cottage industry of speculation about other M&A gambits. One of the more promising ideas is a combination between Glencore and Rio Tinto , ...

India's artificial intelligence angst may be premature. OpenAI and Perplexity's aggressive entry into the country has sparked fears that it's falling behind the U.S. But the emergence of China's ...

Critics in the Trump administration accuse the central bank of straying from its mandate, overreaching on regulation, and ...

Oracle, Comcast and Spotify are splitting the top job between two executives. Netflix made the arrangement work for the ...

The Sage of Omaha will step down from the $1 trln conglomerate at year’s end. His biggest acquisition in three years, buying Occidental’s chemical business for $10 bln, may therefore be his swansong.

While Chinese carmakers and their suppliers spent slightly more abroad than the roughly $15 billion they splurged in their home market in 2024, both domestic and foreign investments fell sharply from ...

Strikes have hit Russian refineries but so far left its 5 mln barrels of daily crude exports mostly unscathed. Yet Kyiv has ...

Beijing has paused iron ore purchases from the miner. New supplies from Africa and China's crackdown on overcapacity make it a good time for the People's Republic to test its pricing power. To break ...

Eli Lilly and Novo Nordisk dominate the weight-loss market. Yet Pfizer, Roche and others are scooping up new drugs in a bid ...