Month: June 2024

BT shares rose after it said Carlos Slim had bought a more-than 3% stake, making him the latest prominent investor to back the U.K. telecoms company.

The maker of Jeep, Dodge and a dozen other brands said it will set a liquidity target of 25%-30% of revenue in the medium term to support shareholder returns.

The latest decline came after the French IT company said has held talks with stakeholders about its financial restructuring, and provided some clarity about which creditors and bond holders can participate in which particular parts of the refinancing.

Shares of BYD jumped on investors’ optimism that the world’s largest electric-vehicle maker would maintain its competitive edge despite planned additional tariffs from the European Union.

Spanish premium beauty house Puig is ready to confront skeptics and make a statement in the cosmetics world. “We have gone public and have made a number of promises, since there’s guidance, so I have to deliver now,” CEO Marc Puig said.

The suit targets Apple’s hiring practices used to set compensation, as well as the company’s performance-review policies.

The carmaker said it is expanding sales and service of EVs to all 2,800 of its dealerships in the U.S.

Why Shari Redstone lost faith in her favorite suitor and walked away from a deal to sell her family company.

Tesla will likely raise the price of its Model 3 in Europe as of July 1 in response to planned EU tariffs on electric vehicles made in China.

Tesla’s CEO also says in posting on X that shareholders are backing the company’s reincorporation to Texas.