TikTok Parent ByteDance Launches New Share Buyback After Rise in Revenue
TikTok owner ByteDance has embarked on a new share buyback, coming after revenue in the third quarter of 2023 outpaced competitors.
TikTok owner ByteDance has embarked on a new share buyback, coming after revenue in the third quarter of 2023 outpaced competitors.
Legal & General was the biggest faller on the FTSE 100 after it posted full-year operating results below consensus, but said it was on track to meet its midterm goals.
Dassault Aviation reported below-forecast results for 2023 but said it expected higher sales this year on increased jet deliveries, despite supply-chain hurdles that will continue to weigh on production.
Platinum is forecast to be in a market deficit of 418,000 ounces in 2024, as mine supplies are stretched and recycling declines.
TikTok, the short-video platform owned by Chinese internet company ByteDance, is facing renewed political pressure in the U.S. from a draft bill that could lead to a ban of its popular video-sharing app.
Tullow Oil reported a 78% fall in profit for 2023, hit by impairments and write-offs totaling $435 million, but backed its output guidance for the year ahead.
BYD unveiled an updated version of its cheapest electric car model, Seagull, and further slashed its starting price, deepening a price war amid rising competition in China, the world’s largest car market.
A transformer from a Chinese supplier recently banned over links to forced labor is delaying imports of Porsche and other cars into the U.S.
Germany’s trade surplus widened in January, with exports rising 6.3%, indicating demand for the country’s goods could be recovering.
Deutsche Post forecast relatively flat earnings growth in 2024 as it said it expected “volatility in demand and geopolitical crisis” to remain and after it reported fourth-quarter profits below consensus.
Trump took an emphatic step toward becoming the Republican presidential nominee while putting more pressure on Haley to end her long-shot bid as close to a third of the U.S. held nominating contests on Super Tuesday.
The Dartmouth men’s basketball team voted in favor of forming a union in a seismic move for college sports and its insistence that athletes are playing, not working, when they compete for their schools.
Arizona Sen. Kyrsten Sinema said she won’t stand for re-election and will retire after this term, ending for now the political run of one of Congress’s most productive and controversial lawmakers.
The U.S. arrested a retired Army officer with access to top-secret briefings, charging him with three counts of disclosing and conspiring to disclose national-defense information.
China plans to boost its military spending by 7.2% this year, matching the pace of last year’s expansion as Xi pursues his campaign to modernize the armed forces.
Target is betting that its plans to upgrade stores, refresh a membership program and expand private brands can help it rebound from a rocky 2023.
Service on Meta’s Facebook, Facebook Messenger, Instagram and Threads resumed after an outage knocked out the sites for hundreds of thousands of users around the world.
Employers that embraced paying for weight-loss drugs are reckoning with the high costs, forcing growing numbers to reduce or cut off reimbursements to workers.
Bitcoin’s price soared to a record, capping a rally analysts attributed to robust flows into ETFs holding the cryptocurrency and investors’ willingness to pay more for riskier assets.
Major U.S. stock indexes fell, pulled down by declines in a select group of tech names. The S&P 500 and Dow both retreated 1%, and the Nasdaq slid 1.7%.
Artificial-intelligence startup Perplexity is finalizing a new funding deal at around a $1 billion valuation, people familiar with the matter said.
Tesla halted production at its plant outside Berlin after what police said was a suspected arson attack on the power grid by opponents of the factory’s planned expansion.
Schiff is heavily favored to defeat Republican Garvey in the heavily Democratic state in November.
Follow along for updates and analysis as voters in 15 states cast their ballots for their party’s presidential nominee
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