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Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the impairment amid higher costs at its U.S. Sunrise Wind project.
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Jeep Maker Stellantis Brings Back American Classics After CEO Exit
The automaker is moving to revive the Dodge and Chrysler labels after sales plummeted in 2024.
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The Alcohol Industry Is Hooked on Its Heaviest Drinkers
While many drinkers cut back, some people who consume 15 or more drinks a week say they are unfazed by health risks.
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Bain Capital in Talks to Buy Mitsubishi Tanabe Pharma
Bain Capital is in talks to acquire Mitsubishi Chemical Group’s pharmaceutical business in a potential multibillion-dollar deal, a person familiar with the matter said.
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Boohoo Shareholders Reject Frasers’ Bid to Remove Founder From Board
More than 63% of shareholders voted against a proposal by Frasers Group to remove the online fashion retailer’s founder and executive vice chair, Mahmud Kamani, from the board.
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Energy & Utilities Roundup: Market Talk
Find insight on Orsted, Seatrium, Imdex and more in the latest Market Talks covering Energy and Utilities.
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William Smith
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