US Business

Businesses that sell a range of products from IKEA sofas to Air Jordan sneakers have said in recent weeks that they have lowered prices this year.

The South Korean company raised its share-buyback offer to frustrate a takeover bid by private-equity firm MBK Partners, in a battle for control over the world’s largest zinc smelter.

BP warned that weaker refining margins will hit third-quarter earnings by $400 million to $600 million as lower oil prices continue to weigh on the energy sector.

The driverless vehicle marks a strategic pivot for the electric-vehicle pioneer. Here are some key takeaways from the event.

The United Patent Court’s ruling also orders German online retailer to retrieve and destroy all such LED goods already sold in the region.

Shares in the EV maker fell after a much-hyped event was heavier on showbiz than financial details.

Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs.

Stellantis shares slipped following the troubled automaker’s announcement of a sweeping management reshuffle just days after it slashed full-year earnings guidance.

The French drugmaker said the negotiations are for a potential sale of a 50% controlling stake in Opella.

ArcelorMittal said it would take on Nippon Steel’s 50% stake in the joint venture if the Japanese steelmaker managed to acquire U.S. Steel.