Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the chipmaker warned of deeper third-quarter losses than expected and outlined sweeping plans to cut more than 25,000 jobs. The restructuring comes as new CEO Lip-Bu Tan attempts to steer the…
European stock markets began the final session of the week on a decidedly negative note, with the regional Stoxx…
In a deepening public feud, Elon Musk has fired back at President Donald Trump’s assertion that his companies will…
Shares of German sportswear giant Puma plummeted nearly 20% on Friday after the company issued a stark profit warning,…
LNG prices experienced a decline in both European and Asian markets this week, driven by a noticeable slowdown in…
Morgan Stanley has become the first US company to issue a panda bond, marking a significant milestone in the…
China’s robotics company Unitree has just introduced the R1, a humanoid robot priced at under $6,000, far cheaper than…
New European Union sanctions targeting Nayara Energy, a major Indian refinery with significant Russian ties, are expected to have…