Business

The share of women and minority leaders taking on CEO roles has stagnated since last year at top U.S. companies despite corporate pledges to improve diversity, according to fresh research …

CEO diversity slow to change even as U.S. boards hire more women and minorities Read More

A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level – outside of the coronavirus pandemic – since 2011 as firms reported …

Philadelphia Fed factory activity index drops unexpectedly Read More

Frank Cadoret, one of two board members representing top investor Vivendi (VIV.PA) in Telecom Italia (TLIT.MI) (TIM), resigned for “personal reasons”, the Italian group said on Thursday. The former phone …

Vivendi’s Cadoret quits TIM board for ‘personal reasons’ Read More

Italian utility Enel (ENEI.MI) said on Thursday it would build a solar photovoltaic (PV) cell and panel manufacturing facility in the United States in an effort to support the creation …

Italy’s Enel to build solar PV cell & panel factory in U.S. Read More

Lyondell Basell Industries (LYB.N) is evaluating expansion of propylene production capacity at its Channelview Complex near Houston, the chemicals maker said on Thursday. An expansion would involve building a new …

Lyondell plans to expand propylene capacity at Houston Read More

German industrial group Thyssenkrupp (TKAG.DE) on Thursday warned that sales and profit will “nosedive” next year as high inflation and energy costs are compounded by expected recession in Europe. The …

Thyssenkrupp warns of bleak outlook as recession looms Read More

The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a two-year partnership with Alibaba Group’s (9988.HK) grocery chain that will see the two …

Tim Hortons teams up with Alibaba to woo Chinese coffee drinkers Read More