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Maersk Nears Complete Russia Exit After Selling Logistics Sites

Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on...

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve...

Palantir Posts First Quarterly Profit Following New Contract Wins

Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months of 2022, as a...

Toshiba Cuts Full-Year Profit Estimate, COO Resigns

Japan's Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings estimate for a second time....

Analysis-In China, Tesla Could Win Electric Vehicle Price Battle – But Lose The War

Slashed prices have given Tesla (NASDAQ:TSLA)'s China sales a pop, but analysts, and even fans, warn the U.S. automaker needs to up its long-term...

Nissan, Renault To iInvest $600 Million To Make New Models In India

Nissan (OTC:NSANY) Motor Co and Renault SA (OTC:RNLSY) said on Monday they would invest $600 million to make six new models in India. The...

Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources

SoftBank Group Corp's chip technology firm Arm Ltd's China joint venture laid off 90-95 employees last week to cope with a challenging business outlook...

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