According to a report by Barclays, the UK government ought to offer tax incentives to firms looking to move their listing from "junior" markets like the Alternative Investment Market (AIM) to the main floor of the London Stock Exchange (LSE). The bank's analysts believe this will assist in...

Mitsubishi Corp. from Japan is in talks to acquire a share in ExxonMobil Corp.'s Texas project, set to be the biggest low-carbon ammonia production facility globally, writes The Wall Street Journal. It is anticipated that the plant will have the capacity to generate 1 billion cubic feet (28 million...

American General Motors and South Korean Hyundai Motor have agreed to investigate potential collaborations in car production, supply chains, and environmentally-friendly technologies. As per the companies' collaborative press statement, they aim to cut costs and speed up the release of cutting-edge...

Commerzbank AG is open to discussions regarding a potential merger with Italian UniCredit, writes the Financial Times citing sources. On Wednesday, it was revealed that UniCredit purchased 9% of Commerzbank shares, with the German government providing the remaining 4.5% of the market share. The...

Trading data shows that the share price of Trump Media & Technology Group (TMTG), the company that owns Truth, the social network that Donald Trump founded, dropped 18.25% during its premarket low on the Nasdaq exchange. Later, the fall had slowed to 10.84%. The value of Trump Media shares at...

Japan’s Panasonic Holdings has announced that it will end its 37-year sponsorship of the Olympic Games following the conclusion of the Paris Games. This decision marks a significant shift for the Osaka-based company, which has been a top sponsor of the global sporting event since 1987. The news...

The Financial Times reports that Volkswagen, a German company, is thinking about shutting down its factories in Germany and going back on its commitment not to lay off employees until 2030, according to the car company's production council. Thomas Schaefer, the company's CEO, confessed that the...

Marathon Oil, a US-based oil company, announced in a press release that it has obtained approval from its shareholders for the proposed merger with ConocoPhillips. The agreement is expected to be finalized by the conclusion of the fourth quarter of 2024, pending approval from regulatory...

Volkswagen's passenger cars brand is facing significant challenges in reaching its ambitious €10 billion ($11.14 billion) cost-cutting target, according to a report by German business paper Handelsblatt on Wednesday. The report highlights how the automotive giant is grappling with a variety of...