TJX Cos Inc raised its annual profit forecast on Wednesday, banking on lower costs and resilient demand from inflation-hit consumers switching to discount retailers.
Telecom Italia’s top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo to fill a vacant seat on the former phone monopoly’s board, two sources said on Wednesday.
Genetic testing company Natera Inc convinced a Delaware federal jury on Monday to award it $19.3 million in damages from Invitae Corp’s ArcherDX for infringing patents related to cancer detection.
Tesla Inc has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, according to a source with direct knowledge of the matter.
Britain’s Frasers Group raised its stake in online fashion retailer ASOS , a filing showed on Wednesday, as the Mike Ashley-owned sportswear retailer continues its drive into a more premium market.
At least seven top Barclays Plc technology, media and telecom investment bankers have resigned to join UBS Group AG in the United States in the last few days, people familiar with the matter said.
OpenAI is preparing to release a new open-source language model to the public, The Information reported on Monday, citing a person with knowledge of the plan.
Foreign buying of U.S. Treasuries in March rose to its highest level in more than two years, data from the Treasury Department showed on Monday, as investors snapped safe-haven government debt in the wake of banking stress during the month.
Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first nuclear fusion plants come online, a survey published on Wednesday said.
Tyre-makers are under pressure to almost literally reinvent the wheel as regulators turn their scrutiny to tyre pollution that is set to surge with the rise of electric vehicles.
