Business News

Business

Kioxia Raises $800 Million in IPO, Prices Shares in Middle of Range

Bain Capital-backed chipmaker Kioxia has raised 120 billion yen ($800 million) through its IPO, pricing shares in the middle of their marketed range. The company, a major manufactu...

Business

Russian Ex-ASML Employee Faces Court Over Alleged IP Theft

A Rotterdam court is set to have an initial hearing on Monday in the case of a former Russian employee of Dutch semiconductor equipment maker ASML who is suspected of having stolen...

Business

Japanese Investors Continue to Sell Overseas Stocks Amid Global Equity Rally

Japanese investors sold overseas stocks for the second straight month in November, driven by robust global equity gains, particularly in the U.S. Trust accounts divested foreign st...

Business

China's Monetary Policy Shift: A Move Towards Economic Growth

China has announced its intention to adopt an "appropriately loose" monetary policy next year to support economic growth, marking the first such shift towards loosening since 2010....

Business

IndiGo Takes Legal Action Against Mahindra Electric Over 'BE 6e' EV Name

IndiGo has filed a trademark infringement suit against Mahindra Electric Automobile Ltd over the naming of its upcoming EV as 'BE 6e', arguing that '6E' is its flight code and a re...

Business

AT&T's Ambitious Plan: $18 Billion Free Cash Flow by 2027

AT&T expects its free cash flow to be more than $18 billion in 2027, driven by its expansion of 5G and fiber services across the United States. The company's shares rose more than ...

Business

Germany's Economic Crisis: Energy Shock Exposes Longstanding Weaknesses

Germany's once-thriving economy is now struggling due to an energy crisis, exposing longstanding weaknesses. The International Monetary Fund and the European Union expect Germany's...

Business

World Bank Unveils Ambitious Plan to Increase Lending by Over $100 Billion

The World Bank has proposed a plan to increase its lending to developing countries by an additional $100 billion over a decade, as part of a reform process aimed at expanding its m...