Bayer CEO Says Breakup Wouldn’t Fix All of the Company’s Ills

[ad_1] BERLIN—Bayer Chief Executive Bill Anderson said the company would bounce back quickly from a recent spate of bad news, and warned that a breakup of the pharmaceutical and agricultural…

Nissan to Ramp Up EV, Battery Business in U.K. With Over $2 Billion Investment

[ad_1] Updated Nov. 24, 2023 4:17 am ET Nissan Motor is expanding its electric vehicles and battery manufacturing capacity in the U.K. with investments of up to 3.0 billion pounds…

LG Electronics Unveils Restructuring to Boost Global Competitiveness

[ad_1] Nov. 24, 2023 12:42 am ET LG Electronics will set up a new sales and marketing entity to oversee international business, part of a series of restructuring moves aimed…

WSJ News Exclusive | GM’s Cruise Draws Plans to Resume a Downsized Robotaxi Service

[ad_1] Updated Nov. 22, 2023 4:26 pm ET General Motors’ Cruise driverless-car unit plans to eventually reintroduce its robotaxi service following safety mishaps, but will narrow the focus to one city…

Italy’s Enel Plans to Boost Investments, Cut Costs as Part of 2024-26 Strategy

[ad_1] Updated Nov. 22, 2023 2:58 am ET Enel plans to boost investments in grids and refocus its renewables strategy while boosting cash generation and cutting costs as part of…

Enel to Boost Investments, Cash Generation as Part of 2024-26 Strategy

[ad_1] Enel plans to increase investments, boost cash generation and carry out cost reductions as part of its strategic plan for the 2024-26 period. The Rome-based energy company said Wednesday…

Endo Creditors Offer U.S. Government $465 Million to Push Sale Forward

[ad_1] Updated Nov. 21, 2023 10:35 pm ET A group of lenders at Endo International made a new proposal that would pay up to $465 million to the U.S. government…

IAG Says It Remains Committed to Dividends, Sets out Medium-Term Targets

[ad_1] International Consolidated Airlines Group said that it will start paying dividends again once its balance sheet and investment plans are secure, as it set out its medium-term targets. The…

MMG Plans to Buy Copper Mine in Africa for $1.88 Billion

[ad_1] Mining company MMG has agreed to buy a copper mine in Africa for an enterprise value of nearly $1.88 billion as part of an effort by the Chinese government-backed…

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

[ad_1] Updated Nov. 16, 2023 8:41 pm ET SINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite. Alibaba on Thursday said it had scrapped…