BP Shifts Focus Back to Oil & Gas, Cuts Renewable Investment
BP announced a major strategic shift on Wednesday, cutting planned investment in renewable energy by over $5 billion and increasing annual spending on oil...
Unilever Ousts CEO Hein Schumacher in Surprise Shakeup
Unilever's (ULVR.L) board, including billionaire activist investor Nelson Peltz, made a unified decision to remove CEO Hein Schumacher, less than two years after his...
Hims & Hers Stock Falls After FDA Semaglutide Update
Shares of Hims & Hers Health tumbled more than 23% on Friday after the U.S. Food and Drug Administration (FDA) announced that the shortage...
Gerdau Considers Boosting U.S. Output Amid Tariff Changes
Brazilian steelmaker Gerdau (GGBR4.SA) is reconsidering its plan to build a new steel plant in Mexico, opting instead to potentially increase its production capacity...
Xi Jinping Hosts Jack Ma and Top Tech Executives in Beijing
Chinese leader Xi Jinping met with Alibaba co-founder Jack Ma and other top tech executives in Beijing on Monday, signaling a shift towards a...
