-- French cosmetics giant L’Oreal SA (EPA:OREP) is close to acquire Gowoonsesang Cosmetic, the South Korean skincare business owned by Mibelle Group, Reuters reported...
LONDON (Reuters) - Volkswagen (ETR:VOWG_p) announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp...
FRANKFURT (Reuters) - Here are the main points of a deal struck on Friday between Volkswagen (ETR:VOWG_p) and unions on the carmaker's German sites and jobs. The agreement...
-- OpenAI, the artificial intelligence firm, announced on Friday that it is currently testing its new reasoning AI models, named o3 and o3 mini. This development...
(Reuters) - OpenAI said on Friday it was testing new reasoning AI models, o3 and o3 mini, in a sign of growing competition with rivals such as Google to create smarter models...
-- Nike Inc's (NYSE:NKE) turnaround strategy under new CEO Elliot Hill is creating short-term challenges but could set the stage for recovery by 2025, Truist said...
-- Shares of Ironwood Pharmaceuticals (NASDAQ:IRWD) soared by as much as 32% today, following a significant development in the biotech sector that could indirectly...
-- Shares of Cytokinetics (NASDAQ:CYTK), Incorporated (NASDAQ:CYTK) climbed 4.8% after the company announced that Sanofi (NASDAQ:SNY) will acquire exclusive...
By Abhijith Ganapavaram (Reuters) -FedEx's decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle...
Friday's market has witnessed notable movements among various stocks, with significant activity in both the mega-cap and large-cap sectors. Mega-cap stocks like Nvidia Corp ...