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As a series of bad U.S. statistics indicated negative risks for this week’s June payrolls report, and as the likelihood of a recession continued to drive a relief rally in government bonds, global stock markets wavered on Monday.
Written by: Skylar Williams
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General Motors (GM) said on Friday that it has terminated the sale of a shuttered Indian factory to China’s Great Wall Motor owing to an inability to get regulatory approvals and New Delhi’s increased scrutiny of Chinese investments.
Written by: Aria Thomas
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Sodexo (EPA:EXHO), a French catering and food services firm, announced better-than-expected revenue for the third quarter, with robust growth in all business divisions and territories, boosted by price increases and volume recovery post-Omicron.
Written by: Aria Thomas
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CEO Stephan Winkelmann told Il Sole 24 Ore that Lamborghini intends to invest at least 1,8 billion euros ($1.88 billion) to produce a hybrid lineup by 2024 and more to launch a fully electric car by the end of the decade.
Written by: Aria Thomas
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Wednesday, Unilever sold its Ben & Jerry’s ice cream business in Israel to a local licensee for an undisclosed fee to resolve a potentially disastrous diplomatic controversy over the company’s political stance.
Written by: Aria Thomas
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