Business

Venture Global said on Wednesday an arbitration tribunal had ruled in its favor in a dispute with Spain's Repsol over the U.S. supplier's initial failure to deliver liquefied natural gas from its Calcasieu Pass project under a 20-year long-term contract....

Swedish private equity firm EQT will buy British investment firm Coller Capital for $3.2 billion, the two companies said on Thursday, marking EQT's entry into the rapidly growing secondary market. The secondary, or secondaries, market allows investors in private equity...

The outlook for European corporate health has slightly worsened, according to forecasts released on Thursday, as relief from U.S. tariffs is outweighed by ongoing geopolitical tensions straining traditional Western alliances. European firms are expected to report a 4.2% drop in...

China's Alibaba is preparing to list its chipmaking arm, T-Head, Bloomberg News reported on Thursday, citing people familiar with the matter. Alibaba's U.S.-listed shares rose 4.6% premarket after the report. As a first step, Alibaba plans to restructure the unit...

Global demand for smartphones, personal computers and gaming consoles is expected to shrink this year as companies from Britain's Raspberry Pi to HP Inc raise sticker prices to offset surging memory chip costs. The rapid build-out of artificial intelligence infrastructure...

Swiss plumbing materials maker Geberit reported a 4.4% rise in fourth-quarter sales on Thursday, helped by volume growth in most of its regions. Geberit - whose results are an indicator of the health of the broader construction industry - said...

Cartier-owner Richemont reported a 4% increase in its reported third-quarter sales on Thursday, beating expectations, as high-end jewellery demand remained strong. The world's second-largest luxury company, whose brands also include Van Cleef & Arpels and Buccellati, said its sales from...

TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, on Thursday posted a 35% jump in fourth-quarter profit to record levels that handily beat market forecasts on Thursday. Benefiting from surging demand for advanced...

At 72, U.S. Federal Reserve Chair Jerome Powell has grandkids to play with, a golf game to get back to and a tune or two to master on the guitar. He also faces a choice: Whether to devote the next years...

Elon Musk's artificial intelligence company xAI said late on Wednesday it imposed restrictions on all users of its Grok AI chatbot that limit image editing after the service produced sexualized images that sparked concerns among global regulators. "We have implemented...