As McDonald's prepares to report its third-quarter earnings, investors are particularly concerned about the recent E. coli outbreak linked to its popular Quarter Pounder hamburgers. This outbreak, which has resulted in at least one death and 75 reported infections according to the U.S. Food and...

Nvidia, the world leader in artificial intelligence (AI) processors, is expanding its foothold in India, aiming to power the country’s growing AI industry. In a strategic move, Nvidia will supply its cutting-edge AI processors to Indian giants like Reliance Industries, led by Mukesh Ambani, as well...

Coca-Cola is actively reshaping its strategy to navigate the evolving landscape of consumer preferences and economic challenges. With the goal of achieving the upper end of its organic sales forecast for 2024, the beverage giant is focusing on innovation and targeted marketing to sustain growth...

Swiss trader Vitol has engaged in a long-term exchange deal with China Gas Hongda Energy Trading Co., LTD. according to the trader. Vitol will purchase 0.5 million tons of LNG from China Gas in the US on a FOB basis and then sell the same amount on a DES basis beginning in 2029, as outlined in the...

Goldman Sachs Group Inc., a U.S. bank, saw its net profit in the third quarter rise by 1.5 times, surpassing market forecasts. Goldman's press release stated that net income for July-September was $2.78 billion, or $8.4 per share, up from $1.88 billion, or $5.47 per share, in the previous year's...

French pharmaceutical company Sanofi has initiated discussions with investment firm Clayton Dubilier & Rice (CD&R) regarding the potential sale of a 50% ownership stake in its Opella division, which specializes in manufacturing over-the-counter medications and nutritional supplements. As per a...

According to data from research firm CINNO, Huawei smartphones outsold iPhones in mainland China in August for the first time in 46 months, as reported by the South China Morning Post. Analysts observe that Huawei's sales are being boosted by strong demand for their flagship Mate and Pura series,...

The UK government's ownership in NatWest (formerly known as Royal Bank of Scotland) has been decreased from 16.92% to 15.99% through the sale of shares. The press service of the Ministry of Finance reported that 76.5 million shares of the bank were sold on October 7. Currently, the government...

South Korean company Hyundai plans to raise as much as $3.3 billion through the initial public offering of its Indian unit, according to sources cited by Bloomberg. According to the agency, this listing has the potential to be the biggest ever in India's history. According to sources from the...