BYD’s Denza Eyes European Car-Finance Unit to Challenge BMW and Mercedes
BYD’s premium Denza brand could launch its own European car-finance operation in 2027, using leasing and loan offers to challenge BMW and Mercedes-Benz.
Business - Page 10
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Latest Business News
Coinbase Co-Founder Fred Ehrsam Bets on Venezuela’s Oil Revival
Fred Ehrsam is backing Primavera with his own money as the startup prepares to operate Venezuelan oil fields, Bloomberg reports, bringing crypto wealth into crude production.
Apple Unveils $299 HomeView as AAPL Eyes Smart Home Growth
Apple launches the $299 HomeView alongside new TV and HomePod devices, giving AAPL a fresh opportunity to sell hardware and subscriptions while the EU is excluded.
Citi Beats Q3 Earnings Estimates as Revenue Reaches $23.85 Billion
Citi reports EPS of $2.85 and revenue of $23.85 billion, beating forecasts as Services and trading grow. Jane Fraser expects returns to exceed this year’s target.
JPMorgan Earnings Miss Estimates Despite 6% Profit Growth
JPMorgan’s Q3 profit rises to $15.31 billion, but adjusted EPS and managed revenue miss forecasts as fixed-income trading weakens and expenses climb.
Johnson & Johnson Raises Outlook After Q3 Earnings Beat
Johnson & Johnson lifts its 2026 adjusted earnings outlook after a Q3 beat, as newer medicines support growth and a talc charge weighs on reported profit.
UnitedHealth Raises Profit Outlook After Q3 Earnings Beat
UnitedHealth lifts its 2026 adjusted earnings outlook to at least $20.50 per share after a Q3 beat, while elevated medical costs remain a key test.
Getty Images Plans Chapter 11 Bankruptcy and Return to Private Ownership
The Getty family and Koch affiliates commit up to $533 million to a restructuring that would take Getty private and leave existing common shareholders with no...
Nvidia’s China AI-Chip Share Falls to 34% as Huawei Gains Ground
Huawei reaches 28% of China’s AI-accelerator shipments as Nvidia’s share falls to 34%, highlighting export restrictions and stronger domestic competition.
Visa Wins China Approval to Prepare Domestic Payments Business
Visa receives Chinese central-bank approval to prepare a domestic bankcard-clearing institution, with an operating license still required before launch.
Geely Expands European Push With Three-Brand Paris Motor Show Debut
Geely brings Geely Auto, Lynk & Co and Zeekr to Paris after European monthly sales top 10,000, with new hybrid models and 2027 SUV deliveries ahead.
Microsoft Unveils Maia 300 to Make Its Own Chips Central to AI Inference
Microsoft plans multi-gigawatt Maia deployments from 2027, aiming to lower AI inference costs while continuing to use Nvidia and AMD for training.