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With 100% of its 9,000 hotels franchised, Wyndham has an attractive recurring-fee business model with healthy returns on invested capital, as these asset-light relationships have low fixed costs and ...
Samsung Electronics will manufacture semiconductors for Tesla in a $16.54 billion multiyear deal, marking a major win for its sluggish foundry business.
Eni Lifts Cash-Flow Guidance, Confirms $1.8 Billion Buyback Despite Headwinds The company confirmed its planned shareholder returns for 2025 of a 5% dividend increase and a buyback program. Trump ...
The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close. A jury rejected claims that the exchange operator broke its deal with ...
President Trump said he reached a trade agreement on Sunday with the European Union, avoiding a damaging trade war with the U.S.'s largest trading partner and marking his biggest deal so far in his ...
Asian stock markets were mixed in early trade Monday as investors await more clarity about the U.S.-EU trade agreement. Stretched valuations and a surge in speculative trades are raising red flags, ...
CK Hutchison Holdings is in talks with a BlackRock-led consortium to include a strategic investor from China to push ahead with its plans to sell ports on either end of the Panama Canal. With a $595 ...
--China and the U.S. are expected to extend their tariff truce for another three months during talks in Sweden, the South China Morning Post reported, citing sources.
U.S. stocks closed higher Friday, with the S&P 500 ending the week by notching a fifth straight record high. The S&P 500 SPX climbed 1.5% on the week, while the Nasdaq COMP rose 1% and the Dow Jones ...
The company is well positioned to benefit from the increasing presence of next-generation travelers through emerging lifestyle and extended-stay brands Spark, LivSmart, Graduate Hotels, NoMad, Home2, ...
The company has a narrow economic moat, thanks to its possession of one of only two licenses to operate casinos in Singapore and one of only six licenses to operate casinos in China. Las Vegas Sands ...
Chinese drugmaker Jiangsu Hengrui Pharmaceuticals has agreed to develop up to 12 of its drugs with British pharmaceutical giant GSK. Hengrui Pharma granted GSK an exclusive worldwide licence to its ...
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