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Chris BryantBloomberg |
Companies don’t usually complain that their profits are too high, but such is Wise Plc’s predicament. The fintech isn’t allowed to pay interest...
Graham Ambrose has never felt stronger. He can barbell back squat 145kg (320 lbs) for four sets of six repetitions and bench-press more than 100kg for...
Back when the electric vehicles revolution appeared unshakable and Tesla Inc. was valued at more than $1 trillion, few of us gave much thought to...
Prior to being dispatched to a hellish Northamptonshire boarding school in the 1970s at the age of eight, Charles Spencer — brother of the late...
When KKR & Co. acquired Dutch manufacturer Accell Group NV in 2022, the private equity firm must have hoped to cash in on health-conscious consumers...
The Porsche 911 is the German manufacturer’s most recognizable and expensive model. Fortunately, it’s also the one whose sales are growing the...
Fisker Inc.’s warning that it may run out of cash within 12 months absent fresh equity or debt raises a new and worrying question for car owners:...
Henrik Fisker should pray lightning doesn’t strike twice. The Danish-American entrepreneur’s first car company, Fisker Automotive Inc., filed for...
Once described as the “the world’s most frugal auto executive,” Stellantis NV boss Carlos Tavares has made an eye-catching exception to his...
The long-serving boss of Swedish heat-pump manufacturer NIBE Industrier AB sounded emotional last week when announcing a cost-cutting program...
Drinks without ice, the best way to make tea and the appropriate amount of vacation are subjects Europeans and Americans can debate. But when it...
You need at least £79,000 ($99,000) to buy a new electric Porsche Taycan in the UK; higher-specification versions of these sporty sedans cost tens of...
The $44 billion merger of France’s Lafarge SA and Swiss rival Holcim Ltd. in 2015 marked the high point of European corporate swagger, globalization...
Jaguar Land Rover Automotive Plc’s financial performance has long failed to live up to its refined image. Regardless of how many Range Rovers...
Ship owners are diverting vessels thousands of miles round the southern tip of Africa in response to Houthi attacks in the Rea Sea, boosting freight...
When Boeing Co. was building a seemingly unassailable position in commercial aviation in the 1960s and ‘70s, passengers’ faith in its relentless...
Germany is in a financial pickle of its own making. The coalition government’s attempt to repurpose €60 billion ($65.5 billion) in unused...
When Porsche AG sold shares last year, the German sportscar maker hoped to follow in the gilded footsteps of Ferrari NV and achieve a valuation more...
Chinese billionaire Li Shufu’s attempt to create a global automotive empire to rival Volkswagen AG has hit a road block, as equity markets sour on...
The $1.6 trillion private credit market is enjoying a “golden moment,” in the words of one Blackstone Inc. executive, as banks retreat from risky...
Bayerische Motoren Werke AG Chief Executive Officer Oliver Zipse was incredulous when asked this month whether the German premium carmaker would...
Private equity firms that spent hundreds of billions of dollars on acquisitions at the top of the market risk a nasty hangover. A combination of...
Two European industrial giants, Siemens Energy AG and Alstom SA, on Wednesday laid bare the shocking cost of disastrous cross-border acquisitions and...
Restoring the United States’s infrastructure and reshoring its manufacturing requires a gargantuan amount of rocks. Suppliers of cement (made from...
Saudi Arabia appeared to have found a winner when US luxury electric vehicle manufacturer Lucid Group Inc. went public in 2021 — a clean tech...
WeWork Inc. has filed for bankruptcy in a fitting coda to the free money era. But once shorn of the liabilities amassed during its go-go years, might...
Ryanair Holdings Plc has returned heaps of cash to shareholders via share buybacks and one-time distributions over the past decade but hasn’t, until...
Last year, A.P. Moller-Maersk A/S’s container shipping unit delivered a whopping $8.7 billion in third-quarter operating profit. This year, it lost...
One of this century’s top performing European stocks has fallen back to earth with a thud. The struggles of German life-sciences firm Sartorius AG...
Ever since I began covering Rolls-Royce Holdings Plc almost a decade ago it’s felt like the UK engine maker has been in a state of constant...
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