GM to Hike Dividend, Buy Back $10 Billion of Stock to Stem Slump
General Motors Co. will boost its dividend by 33% and implement a $10 billion share buyback program in
2023-11-29 19:51
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:55
Halfords Slumps After UK Automotive Retailer Cuts Guidance
Halfords Group Plc slid as much as 22% on Wednesday after the British automotive and bicycling retailer cut
2023-11-29 17:54
Bugatti, Ferrari, Mercedes Are the Most Expensive Classic Cars of 2023
In a year defined by cooling values and economic uncertainty, collectors remained resolute in their willingness to pay
2023-11-29 17:53
Disney Launches World’s First ‘Zootopia’ Themed Land in China
Walt Disney Co. is set to open the world’s first Zootopia land at Shanghai Disneyland Resort as the
2023-11-29 17:50
Egypt Tourism Chief Shrugs Off War Impact With New Hotel Plans
Egypt’s tourism chief said the industry looks set to ride out the shockwaves of the Israel-Hamas war as
2023-11-29 16:58
Prosus Sees E-Commerce Business Profit Sooner-Than-Expected
Prosus NV and majority owner Naspers Ltd. expect its e-commerce business to become profitable sooner-than-expected. The business, comprising
2023-11-29 16:18
Saudi Arabia to Buy 10% Stake in Heathrow in Ownership Reshuffle
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a
2023-11-29 15:58
Toyota Posts Record October Sales, Output on US Demand
Toyota Motor Corp. posted record October global sales and production on strong demand for its cars in North
2023-11-29 14:27
China EV Maker Nio Signs Battery-Swapping Deal With Geely
Electric-vehicle maker Nio Inc. signed its second battery-swapping partnership in less than two weeks on Wednesday, this time
2023-11-29 14:26
Jack Ma Urges Alibaba to ‘Correct Course’ in Rare Internal Memo
Jack Ma urged Alibaba Group Holding Ltd. to correct course in a surprise internal memo, in which the
2023-11-29 13:54
Hong Kong Billionaire Cheng Family’s Succession Under Spotlight
For years, Adrian Cheng had all the trappings of a third-generation scion preparing to lead one of Hong
2023-11-29 12:20