Weak downstream margins and global oversupply are pushing Formosa to cut output, trimming a big chunk of capacity and reducing its demand for naphtha and LPG imports. FPCC’s No. 1 cracker at Mailiao ...

The temporary shipping stop of bone density scanners impacts Hologic's financial forecast, with shares slipping after revenue predictions fall short. Hologic paused shipments of its Horizon DXA bone ...

The currency market scenario is painting a complex picture for Latin America. Brazil's real dipped after the central bank postponed dollar auctions, suggesting possible interest rate hikes. Mexico's ...

Tesco's strategic maneuvers are paying off, with UK sales up 5.1% and securing a 28% market share for 24 consecutive periods. The 11.5% surge in online sales underscores Tesco's digital prowess, ...

What’s going on here? Nextchem, the energy transition business of Italy’s Maire, is pressing pause on its IPO plans until market valuations climb closer to industry averages—even as its clean tech ...

High inflation and weak demand led to a 77.4 million pound loss in 2024, shifting from a prior profit, with hopes pinned on UK housing and decarbonization efforts for future growth. Despite current ...

Ocean Freight Trident Offshore claims Marex used confidential information for its own trades and seeks at least £10 million in damages. Ocean Freight Trident Offshore, a fund registered in the Cayman ...

What’s going on here? Asia-Pacific cross-border M&A reached $286 billion this year, with Japan leading the charge thanks to new governance rules and a record $74 billion in deals. Cross-border mergers ...

Singapore’s Sea Limited posted third quarter revenue of $6 billion, topping analyst forecasts of $5.65 billion—and marked impressive gains across all its business arms. Net income landed at $375 ...

BII is putting $40 million into Allianz’s blended-finance ACE fund, using $150 million of first-loss capital to draw private money into projects like renewables and clean transport — even as critics ...

After its 2021 spin-off from XPO, GXO Logistics has dealt with a drop in market value and shrinking demand in the UK and Europe. Yet, these challenges have actually made it an attractive acquisition ...

Reckitt Benckiser, the British consumer goods giant, is at a pivotal moment. The acquisition of Mead Johnson Nutrition for $16.6 billion back in 2017 was meant to solidify Reckitt’s foothold in the ...