Sunday , 21 December 2025

Recent Posts

Whirlpool sells Russian operations to Arcelik

  Bloomberg Whirlpool Corp agreed to sell the entirety of its Russian operations to Arcelik AS for deferred payments of as much as $233 million over 10 years. The sale includes the company’s manufacturing site in Lipetsk and the sales organization in Moscow, as well as sales operations in Kazakhstan and certain other countries, Whirlpool said in a filing. The …

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BYD’s 66% gain catapults stock to near trillion yuan market cap

  Bloomberg BYD Co, the Chinese electric vehicle maker backed by Warren Buffett, is on the cusp of entering the trillion-yuan-market-cap club as its production resilience and the government’s consumption incentives helped spur a rally. Shares of the Shenzhen-based company have surged 66% since a March low through, which pushed its market valuation to around $142 billion. Further gains will …

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Stocks fall, bonds rise amid worries about growth, oil advances

  Bloomberg Stocks dropped on Wednesday on renewed worries about economic growth as monetary policy tightens in much of the world to fight inflation. European equities fall for the first time in four days with sentiment hurt by China remaining committed to its zero-Covid-19 approach. US contracts steadied after a tech-led slide hurt the S&P 500. The yield on German …

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