Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:46
Australia telco giant Telstra to cut nearly 500 jobs
SYDNEY Australia's biggest telecommunications company Telstra said on Thursday it planned to cut nearly 500 jobs due to
2023-07-20 10:24
Australia employment climbs 32,600 in June, again beats forecasts
SYDNEY Australia employment handily beat expectations for a second straight month in June, while the jobless rate stayed
2023-07-20 09:59
Made in Russia? Chinese cars drive a revival of Russia's auto factories
By Gleb Stolyarov and Alexander Marrow The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned
2023-07-20 08:51
Musk Says Tesla to Spend Over $1 Billion on Dojo Supercomputer
Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric
2023-07-20 07:55
UAW president meets with Biden as union opens automaker contract talks
By David Shepardson WASHINGTON (Reuters) -United Auto Workers (UAW) President Shawn Fain met on Wednesday with President Joe Biden at
2023-07-20 05:50
Gucci CEO to step down as parent company chases the global luxury boom
The president and CEO of Gucci will step down later this year as part of a leadership overhaul at its French parent company Kering aimed at capturing more of the booming global market in luxury goods.
2023-07-19 21:52
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
2023-07-19 21:23
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Co. reached a deal to restructure debt and filed to sell as much as $1 billion of
2023-07-19 19:47
Gucci's CEO is stepping down as its French parent shakes up leadership
The president and CEO of Gucci is stepping down later this year
2023-07-19 19:25
Jaguar Owner Tata Picks Britain for £4 Billion Battery Plant
Tata Group plans to build a £4 billion ($5.2 billion) battery plant in the UK to supply electric
2023-07-19 16:27
Gucci CEO Bizzarri to Leave as Label’s Slump Drags on Kering
Gucci Chief Executive Officer Marco Bizzarri is set to leave the brand as owner Kering SA moves to
2023-07-19 15:24