LG Energy Solution to buy Stellantis’ 49% stake in Canada battery JV for $100
South Korea's LG Energy Solution on Friday said it plans to buy the 49% stake held by Stellantis in their battery joint venture in Canada for the nominal amount of…
Stellantis shares sink after €22.2bn EV write-down
Stellantis shares tumbled on Friday after the carmaker booked charges of around 22.2 billion euros ($26.5 billion) in the second half of 2025, related to the scale-down of its electric-vehicle…
Hims & Hers Unveils $49 Weight-Loss Pill, Shares Slide
Hims & Hers sent a shockwave through the pharmaceutical industry on Thursday with its announcement of a weight-loss pill with a $49-a-month introductory price. Its shares ended down anyway. That…
Novo Nordisk shares rebound as FDA targets illegal drug copies
Shares in Danish drugmaker Novo Nordisk gained 4.7% in early trading on Friday, recovering some of the previous two sessions' steep losses, after the U.S. Food and Drug Administration (FDA)…
Amazon slides 8% premarket as AI spending spooks investors
Amazon shares dropped 8% in premarket trading on Friday after the company's hefty capital expenditure plans deepened investor worries over Big Tech's spending spree on artificial intelligence. Massive AI spending…
Toyota names finance chief Kenta Kon as new CEO amid China pressure
Toyota on Friday named finance boss Kenta Kon, a close ally of Chairman Akio Toyoda, as its next chief executive, as the world's largest automaker grapples with deepening competition from…
Coupang says data of 165,000 more users leaked in major breach, rattling U.S.–South Korea ties
U.S.-listed South Korean e-commerce company Coupang confirmed on Thursday that the data of an additional 165,000 users was leaked in a major security breach, which a South Korean government official…
Sony lifts full-year forecast on record profit as yen, sensors, music offset PS5 slump
Japan's Sony on Thursday raised its full-year outlook after reporting record quarterly operating profit, boosted by gains for its image sensor and music divisions as well as a weak yen,…
Slovenia moves to ban social media for children under 15
Slovenia is preparing draft legislation to ban social media access for children under 15, Deputy Prime Minister Matej Arcon told a news conference on Thursday. Slovenia, with a population of…
EU rules Apple Maps, Ads out of DMA gatekeeper list due to low usage
The European Commission said on Thursday Apple’s Maps and Ads services will not be designated as gatekeepers under the EU’s Digital Markets Act, citing their relatively low usage and limited…