US Business

Carmaker Volvo cut its earnings expectations for 2025, citing complex market conditions and uncertainty around worldwide trade wars.

Harmony Gold Mining reported a higher net profit and strong revenue growth for the fiscal year, reflecting the company’s ability to capitalize on higher gold prices.

CVC Capital Partners reported better-than-expected management fee earnings for the first half of the year and said it was confident on its outlook.

Verizon has agreed to acquire Frontier Communications in a $9.6 billion all-cash deal that would bolster the company’s fiber network to compete with rivals including AT&T.

A fleet of new lithium mines are set to open across Europe in the next few years as the European Union pushes to increase supply of the metal deemed vital for the energy transition in a bid to combat China’s grip on the market.

The agreement is set to significantly expand the cellphone carrier’s fiber footprint across the U.S.

The Chinese EV maker’s net loss narrowed in the second quarter, thanks to robust sales that it expects to continue in the current quarter.

A data trove from Disney that hackers leaked earlier this summer includes details about streaming revenue, park pricing and some staff and customers of Disney cruises.

Whitehaven Coal has signed deals to sell 30% stake in an Australian coal mine for $1.08 billion.

The Zurich-based reinsurer made a net profit of $996 million for the second quarter and said its performance benefited from disciplined underwriting, low natural-catastrophe claims and strong investment income.