GM Raises Profit Guidance as Truck Sales Overshadow China Slump
General Motors Co. expects better profit this year after a strong first quarter, as robust truck sales in the US led the automaker to raise 2024 guidance by $500 million.
General Motors Co. expects better profit this year after a strong first quarter, as robust truck sales in the US led the automaker to raise 2024 guidance by $500 million.
General Electric Co. raised the full-year profit guidance for its aerospace business, driven by an increase in revenue from commercial aircraft engines and services.
Cleveland-Cliffs Inc.’s top executives don’t see any takeover of United States Steel Corp. going ahead without the full support of the United Steelworkers union.
Romania’s largest bank said it’s likely to slow a buying spree in the Black Sea country after clinching a deal to acquire the local unit of Hungary’s OTP Bank Nyrt.
Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in the City of London, including a potential sale of a stake in the project.
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