Private equity giant KKR & Co. (KKR) reported a solid first quarter, boasting a 20% year-over-year increase in adjusted net income. This positive performance was fueled by a combination of factors, including
Today: May 4, 2024
Private equity giant KKR & Co. (KKR) reported a solid first quarter, boasting a 20% year-over-year increase in adjusted net income. This positive performance was fueled by a combination of factors, including
The deal will allow the Italian-based automaker to make cheaper batteries and more affordable electric vehicles. Europe’s carmakers are investing billions of euros to build battery plants on home turf, aiming to
Evergrande’s latest trouble in firming up a long-awaited debt restructuring plan led to a sell-off in its and peers’ shares on Monday, as worries resurfaced about the crisis-hit property sector after a
The world is moving towards electric cars, and Volvo will be one of the first legacy car makers to switch to EVs entirely. The Swedish company, currently owned by China’s Geely (0175.
Adidas delivered further signs that its turnaround is gathering pace on Thursday as the sportswear giant sought to shift focus onto its strategy and away from its sell-down of remaining Yeezy shoes.
On Wednesday, Kenya’s interior ministry said it had suspended the local activities of the cryptocurrency project Worldcoin while government agencies assess potential risks to public safety. The project launched last week and
Two senior Tesla executives — the company’s public policy and business development executive Rohan Patel and its vice president for supply chain, Roshan Thomas — met with officials from India’s investment promotion
Millions of Facebook users in the United States can apply for their share of a $725 million privacy settlement that the social media platform’s parent company Meta agreed to pay last year.