US Business

Shares of Ubisoft Entertainment plunged after a minority investor called for the maker of the Assassin’s Creed videogame franchise to go private and install a new management team.

Sales of electric vehicles and hybrids continued to rise in China, despite weaker overall sales, as authorities rolled out incentives to boost EV consumption and a price war eased.

Brian Niccol takes over Monday amid turbulent times for the coffee giant.

Japan’s Seven & i said it would be open to discussions with the Canadian owner of Circle K stores if the latter improves its $39 billion takeover bid.

Entain said its online net gaming revenue has grown ahead of expectations so far in the second half of year, with the positive momentum of the second quarter continuing.

Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global electric-vehicle market cools.

The new offer price is 5.7% higher than the previous agreement announced in May.

The activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch.

The freight railroad said it has opened an investigation into allegations of potential conduct by Alan Shaw that is inconsistent with its code of ethics and company policy.

U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending after a postpandemic surge.