Norway's sovereign wealth fund is buying a 49% stake in two wind energy projects from RWE for about 1.4 billion euros ($1.52 billion), the German utility said Monday.
Chinese internet company Baidu plans to expand its robotaxi operations in the Middle East, as Chinese autonomous-driving companies start to scale up their fleets.
TOKYO--Japan's Government Pension Investment Fund will maintain the balance of its asset allocation and continue to invest a quarter of its funding in Japanese stocks over the next five years, ...
Kerry Logistics Network’s, or KLN’s, international freight forwarding, or IFF, segment accounted for 52% of consolidated segment profit in the first half of 2024. We think it is seeing stabilizing ...
UniCredit said it received approvals from the European Central Bank and Bank of Italy to acquire smaller rival Banco BPM if its offer goes ahead.
As China’s largest nonlife insurer, majority state-owned PICC P&C boasts first-mover advantage in major P&C insurance products, thanks to its extensive rural network and strong government support.
The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to ...
We believe PICC Group is in a solid capital position. The company recorded strong equity returns averaging 11% over the past five years. Its equity/asset ratio remained largely stable at around 16% ...
On this episode of The Long View, Sudarshan Murthy, co-portfolio manager on all GQG investment strategies, discusses the ...
The iPhone maker and SpaceX are competing in the race to eliminate cellphone dead spots, a rift that is set to intensify. Tariffs could lift motorcycle prices to six figures in some countries. Sales ...
China Resources Gas shares fell sharply after the gas utilities company reported a decline in net profit for 2024. Shares of the Hong-Kong listed company were down 19% to HK$22.70, equivalent to ...
We think GM's earnings potential is excellent because the company has a healthy North American unit and a nearly mature finance arm with GM Financial. Moving hourly workers' retiree healthcare to a ...