Chinese Battery Giant CATL's Shares Surge on Hong Kong Debut
The listing comes as risk appetite has returned to global markets as trade tensions between the U.S. and China have eased.
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Honda Motor to Cut EV Investment by More Than $20 Billion
Honda Motor plans to reduce its electric-vehicle investment by more than $20 billion through the fiscal year ending March 2031 from its original plan.
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Vodafone Launches Buyback After Revenue Rises
The group swung to pretax loss on impairment charges, but said it would start a share buyback of up to €500 million.
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Home Depot's Earnings Could Mirror a Sluggish Housing Market
Analysts expect a muted report from the home improvement giant, reflecting softer demand and fewer store visits amid a sluggish housing market.
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Crypto Billionaire Accused of Defrauding Creditors, Propelling Industry's 2022 Collapse
Creditors' lawsuits allege the crypto winter began earlier than believed, and with actions by Digital Currency Group's founder, Barry Silbert.
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Regeneron to Buy 23andMe Out of Bankruptcy for $256 Million
The DNA testing company would sell for a fraction of its peak valuation of $6 billion to a biotech aiming to use its data troves for drug research.
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‘Sesame Street' Finds a New Home on Netflix
The streaming giant along with PBS will air new episodes of the beloved children's show.
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CBS News Chief to Leave as Tension Persists Over Paramount's Trump Fight
Wendy McMahon is the network's second recent high-profile departure.
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Kering Names Pierpaolo Piccioli Creative Director of Balenciaga
Kering said it appointed Pierpaolo Piccioli as the new creative director of Balenciaga as the French luxury group faces a slowdown in demand for high-end goods, coupled with its own turnaround challenges.
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Major Office Landlord Is Exploring Sale of the Company
Paramount Group's announcement comes after the firm revealed $4 million in previously undisclosed payments to the CEO's outside business interests.
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Blackstone Infrastructure to Buy TXNM Energy for $5.7 Billion
Asset manager Blackstone moved to expand its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.
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Sanmina to Acquire ZT Systems' Manufacturing Business from AMD
Sanmina agreed to acquire ZT Systems' data center infrastructure manufacturing business from Advanced Micro Devices for up to $3 billion.
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Nvidia Pushes Further Into Cloud With GPU Marketplace
The chip giant has created DGX Cloud Lepton, a new service that will make its AI chips directly available to developers across a variety of cloud platforms.
(END) Dow Jones Newswires
May 20, 2025 03:00 ET (07:00 GMT)
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