Shares of Arm Holdings sank 8% on Thursday after a delay in a large deal hampered the company’s quarterly forecast in the first earnings since its float in September.
Allen & Overy has suffered a “data incident”, the London-founded law firm said on Thursday, after social media posts suggested it had been hacked by the Lockbit cybercrime gang.
Volkswagen aims to bring an under $35,000 electric vehicle to the U.S. market in 3-4 years, while Chinese automaker Nio said it is still “debating” a 2025 entry into North America, senior executives said on Thursday at a Reuters conference.
InterGlobe Enterprises, which backs India’s top airline IndiGo, and U.S.-based Archer Aviation will launch an all-electric air taxi service in India in 2026 that will be “cost-competitive” with on-road services, the companies said Thursday.
Russian e-commerce firm Ozon said on Thursday its American depositary shares (ADS) had been delisted from Nasdaq, bringing its near-three year association with the U.S. exchange to a close.
Semiconductor Manufacturing International Corp on Thursday lifted its annual capital expenditure forecast to around $7.5 billion and said it expects lower fourth-quarter gross margins.
An EU tribunal made legal errors when it ruled in favour of Apple over a 13-billion-euro ($14 billion) tax order and should review the case again, an adviser to Europe’s top court said on Thursday, in a potential setback for the iPhone maker.
Alphabet’s Google, Meta Platforms and TikTok on Thursday won backing from Europe’s top court in their fight against an Austrian law requiring them to delete hate speech or face fines of up to ($10.69 million).
The London Metal Exchange (LME), which faces lengthy delays to its trading technology revamp, said on Thursday that it had appointed a chief information officer at NatWest Markets, Alistair Baldwin as LME’s new chief technology officer.
Zeekr, Chinese automaker Geely’s (GEELY.UL) premium electric car brand, will this week publicly release some details of its plans to list shares in New York, according to two sources with direct knowledge of the matter, seeking to ride growing enthusiasm for EVs despite strained U.S.-China ties.
