Electric vehicle maker Polestar lowers production guidance, cuts jobs
STOCKHOLM Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and
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Prada's sales up 22% in the first quarter on robust growth in Asia, Europe
MILAN Sales at Italian luxury group Prada rose 22% in the first quarter, to 1.065 billion euros ($1.17
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BoE's Bailey: We have to stay the course to get inflation down
LONDON The Bank of England must stay the course to ensure the level of inflation falls back to
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PacWest Deposits Dropped 9.5% After Report of Investor Talks
PacWest Bancorp said deposits fell 9.5% last week after a news report that the lender was in talks
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Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
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BlackRock Overhauls Leadership of Credit, Private Asset Business
BlackRock Inc. is shaking up its alternatives business, with roughly $300 billion of assets, as the firm seeks
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Abcam Founder Pushes for Better Performance at Biotech
Abcam Plc founder Jonathan Milner is pushing for better performance at the biotechnology supplier he started 25 years
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Tapestry raises annual profit forecast on higher prices, strong demand
Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases and strong demand for its
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Tapestry, Inc. Delivers Strong Third Quarter Results and Raises Fiscal 2023 Outlook
NEW YORK--(BUSINESS WIRE)--May 11, 2023--
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European Gas Prices Fluctuate Amid Worries About Abnormal Heat
European natural gas prices fluctuated after closing at the lowest level in almost 22 months, with some weather
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Japan pledges to mobilise $1 billion to help nations around Ukraine accept refugees
By Tetsushi Kajimoto NIIGATA (Reuters) -Japan will unveil a plan on Thursday to mobilise $1 billion to help countries surrounding
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Robinhood Under Investigation Over Communications Compliance
Robinhood Markets Inc. said regulators are investigating the firm’s compliance with recordkeeping requirements, including employees’ use of “off-channel
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