BYD Overtakes Tesla in Annual Revenue
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric...
Novo Nordisk Cuts Wegovy Price Amid Obesity Drug Competition
Novo Nordisk (NOVOb.CO) announced on Wednesday that it will begin selling its weight-loss drug Wegovy at a discounted price of $499 per month for...
Nippon Steel Resumes US Steel Bid Despite Trump Opposition
Nippon Steel is reigniting its pursuit to acquire iconic American steelmaker US Steel, despite President Donald Trump’s recent statements opposing foreign ownership. Trump declared...
Warner Bros Discovery Eyes Streaming Profit Surge in 2024
Warner Bros Discovery (WBD) expects its streaming profits to double this year, setting an ambitious target of at least 150 million subscribers by 2026....
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...