Business News – Page 16 – The paper fuel business magazine uk

05Feb

Spotify to Sell Physical Books via Bookshop.org

Spotify said on Thursday it would begin selling physical books on its streaming platform through a partnership with online retailer Bookshop.org, marking an unexpected expansion beyond its audiobooks business. The…

05Feb

OpenAI launches Frontier to help companies build and manage AI agents

OpenAI on Thursday said it is launching a service, called Frontier, for companies to build and manage so-called artificial-intelligence agents, or AI tools that can complete specific tasks, like fixing…

05Feb

Peloton forecasts weak Q3 revenue, shares crash 25%

Peloton Interactive forecast third-quarter revenue below Wall Street estimates on Thursday, pointing to weak demand for its fitness equipment, with shares plunging about 25% to their lowest level in about…

05Feb

Novo Nordisk to sue Hims & Hers over copycat Wegovy drug

Novo Nordisk said on Thursday it would take legal action against Hims & Hers after the online telehealth company said it will begin offering compounded copies of the Danish group's…

05Feb

Panama vows no single firm will run key ports again

Panamanian President Jose Raul Mulino said on Thursday that the concession of contracts to operate two ports held and operated for nearly three decades by Hong Kong's CK Hutchison Holdings…

05Feb

Dollar hits two-week high as stocks wobble, pound slips after BoE rate hold

The dollar hit two-week highs on Thursday as fresh volatility gripped stocks and stormed ahead against the pound, which dropped after the Bank of England left UK rates unchanged in…

05Feb

Democratic senators urge Pentagon review of SpaceX over alleged Chinese investor links

Democratic U.S. senators on Thursday urged the Pentagon to conduct an immediate review of SpaceX amid allegations that Chinese investors have secretly acquired stakes in the closely held rocket maker,…

05Feb

Cardinal Health lifts profit outlook after beating Q1 estimates on strong specialty drug demand

Cardinal Health on Thursday raised its expectations for annual profit after surpassing Wall Street estimates for quarterly results, as it bets on robust demand for specialty medicines and strong performance…

05Feb

Volkswagen Tops Tesla in Europe’s EV Sales in 2025

Volkswagen overtook Tesla in sales of fully-electric cars in Europe in 2025, data from JATO Dynamics showed on Thursday, another setback for the U.S. automaker after China's BYD dethroned it…

05Feb

Ralph Lauren beats Q3 sales estimates on strong holiday demand

Ralph Lauren posted third-quarter sales that topped Wall Street estimates on Thursday, buoyed by a strong holiday season and resilient demand for its Polo shirts and leather handbags among affluent…

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