Business

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With America limited, Chinese electric vehicle manufacturers aim to conquer the rest of the world

With America limited, Chinese electric vehicle manufacturers aim to conquer the rest of the world

Automakers in China are accelerating their sales push in Europe and Southeast Asia, and are looking to produce more abroad.
Commerzbank reported a better-than-expected 29% increase in first-quarter net profit

Commerzbank reported a better-than-expected 29% increase in first-quarter net profit

The logo of German bank Commerzbank is seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland…
Sony shares soared thanks to share buybacks and an upgraded outlook

Sony shares soared thanks to share buybacks and an upgraded outlook

Sony shares jumped as much as 12% on Wednesday morning after the Japanese conglomerate announced strong earnings, a stock split…
Many college degrees cost more than they would pay in a lifetime

Many college degrees cost more than they would pay in a lifetime

For many ambitious students, the decision to attend college comes with scary warnings, such as years of unpayable debt. Now…
Attempts to challenge Tesla by a famous car designer

Attempts to challenge Tesla by a famous car designer

Henrik Fisker’s electric vehicle startup has been burning through cash and struggling to make and sell cars.
5 things to know before the stock market opens on Tuesday, May 14

5 things to know before the stock market opens on Tuesday, May 14

Here are the most important news investors need to start their trading day: 1. End a series of matches The…
Anglo American disbanded itself after rejecting a £34bn BHP bid

Anglo American disbanded itself after rejecting a £34bn BHP bid

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Anglo American is…
Social media and mental health: CVS-Morning Consult survey reveals pros, cons

Social media and mental health: CVS-Morning Consult survey reveals pros, cons

A larger share of Americans are worried about their mental health now than at the start of the COVID-19 pandemic,…
Squarespace goes private in $6.6 billion takeover of Permira

Squarespace goes private in $6.6 billion takeover of Permira

The website developer said its shareholders will receive $44 a share in cash, a 15% premium to Friday’s closing price.
Inflation outlook rises, fueled by expected rise in housing costs, New York Fed survey shows

Inflation outlook rises, fueled by expected rise in housing costs, New York Fed survey shows

People shop at a grocery store in Monterey Park, California, on April 12, 2022. Frederic J. Brown | AFP |…