IT services provider Accenture projected annual revenue growth largely above estimates on Thursday, as growing adoption of artificial intelligence offsets sluggish growth in enterprise spending and a strong dollar.
Honeywell has agreed to buy aerospace and defense technology company CAES Systems for $1.9 billion from private equity firm Advent International, the company said on Thursday.
Two of Toyota’s top suppliers, Denso and Aisin, have sold off holdings in several Toyota-affiliated companies, regulatory filings showed on Thursday, in the latest reduction of cross-shareholding across the sprawling automotive group.
Energean has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945 million, the Mediterranean-focused oil and gas producer said on Thursday.
South Korea and Germany share the goal of diversifying away from China, broadening their raw material suppliers and reducing their dependence on critical products, German Economy Minister Robert Habeck said on Thursday during a visit to the region.
Germany has fined Citigroup nearly 13 million euros ($13.94 million) for lapses in its trading system controls, the nation’s bank regulator said on Thursday, as its consumer protection division imposed its largest penalty ever.
Joby Aviation said on Thursday the U.S. aviation regulator has authorized the use of the air-taxi maker’s in-house software to perform tasks such as managing pilot workload and matching passengers with aircraft similar to ride-hailing apps.
U.S. bank regulators are arguing over the path forward for rules easing bank capital hikes, with some wanting to allow additional feedback from Wall Street after the industry vigorously pushed back, said five people familiar with the matter.
