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 ...

Brussels’ overhaul of merger guidelines is ostensibly aimed at enabling growth-enhancing deals within the bloc. But amid US ...

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

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

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

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

Companies spent more on electric vehicle supply chains overseas than at home for the first time in 2024. But the pace of ...

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 , ...

Pfizer agreed to lower prices on US state-backed medications, setting a template for peers. It's a coup for drugmakers who ...

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 ...

The $230 bln drugmaker will directly list shares in New York. With under half its sales from the US, AstraZeneca may not move ...

The state is guaranteeing a $2 bln loan to JLR, whose IT systems were attacked. Domestic industries received similar support ...