Major Retailer’s Struggles Flash Warning Signs for Canadian Economy
Big box retailer Canadian Tire Corp. will cut 3% of staff and eliminate most vacant roles as consumers
2023-11-10 01:55
Li Auto’s Revenue Beats Forecast With Over 105,000 EVs Sold
Li Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up
2023-11-09 22:52
Singapore’s Grab Hits Adjusted Profit, Decade After Founding
Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing
2023-11-09 20:18
Airbus Sees Higher Output in 2024 Amid Surging Demand
Airbus SE said it will significantly increase aircraft output next year as the European planemaker ramps up production
2023-11-09 16:55
Wizz Lowers Profit Outlook on Economic, Security Concerns
Wizz Air Holdings Plc lowered its profit outlook for fiscal 2024 as aircraft engine issues, along with growing
2023-11-09 16:51
Mizuho Said to Raise Rakuten Securities Stake to Almost 50%
Mizuho Financial Group Inc. plans to increase its investment in Rakuten Group Inc.’s online securities arm, which isn’t
2023-11-09 15:45
Tourists Are Filling Singapore Airlines’ First and Business Class Cabins
Singapore Airlines Ltd. is flying nearly full first- and business-class cabins even without the return of corporate travel,
2023-11-09 15:25
FanDuel Parent Flutter Expects to List on NYSE in First Quarter
FanDuel owner Flutter Entertainment Plc said it expects to sell shares on the New York Stock Exchange in
2023-11-09 15:24
AI Will Cut Cost of Animated Films by 90%, Jeff Katzenberg Says
Artificial intelligence will lower the cost of creating blockbuster animated movies drastically, according to longtime industry executive Jeffrey
2023-11-09 13:51
More Than Half of Consumers Say They’ll Trim Holiday Spending
Nearly three quarters of consumers are delaying holiday purchases for discount shopping events such as Black Friday or
2023-11-09 08:25
Auto Wage Hikes Complicate the Search for an Affordable EV
A combustion engine has about 2,000 moving parts. An electric motor, by comparison, has about 20. However, the
2023-11-08 23:45
GM’s Cruise Issues Recall After Robotaxi Dragged Pedestrian
Cruise LLC, the robotaxi company owned by General Motors Co., recalled its automated-driving system and deployed a software
2023-11-08 20:55