Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
BYD's August sales rise 17.8% as exports surge 134.5%
BYD's August sales rose 17.8% year-on-year, with overseas shipments jumping 134.5%. Exports are now the main growth engine as China's EV mar
Reckitt shares jump 5% as jury backs Mead Johnson in first NEC trial
Reckitt shares rose nearly 5% after a unanimous Illinois federal jury backed its Mead Johnson unit in the first bellwether case over Enfamil
Shein's Hong Kong IPO puts reclusive founder Sky Xu in the spotlight
Shein's Hong Kong IPO debut put founder Sky Xu in the spotlight, though he kept a low profile. The fast-fashion giant's valuation has fallen
WT Microelectronics plans $940M raise via share sale and convertible bonds
WT Microelectronics is marketing a two-part raise of up to $940 million: a discounted global depositary share sale and zero-coupon convertib
Ikea spends €1.2 billion on price cuts to win back shoppers
Ikea is pouring €1.2 billion into lower prices across Europe after two straight years of declining revenue. The move, led by its biggest ret
Swiss Life to cut 600 jobs by 2028 as premiums rise 3%
Swiss Life plans to cut up to 600 jobs by 2028 even as half-year premiums rose 3% to 12.3 billion francs. The insurer also announced a 250 m
Jollibee chooses Hong Kong over US for international spin-off listing
Jollibee Foods has picked Hong Kong for the stock-market debut of its overseas business, scrapping earlier plans for a US listing. The move
Hyundai union approves 2026 wage deal with 65 retirement age
Hyundai Motor's union voted to accept a new 2026 wage agreement that raises monthly base pay by 100,000 won, adds hefty bonuses, and extends
WPP to cut 1,000 more jobs as it merges Ogilvy, VML, AKQA into one unit
WPP is cutting up to 1,000 more jobs by year-end as CEO Cindy Rose accelerates a restructuring that merges Ogilvy, VML, and AKQA into one un
Liontown to take full control of Argentina lithium brine project
Liontown Resources has struck a binding deal to take full control of the Centenario lithium brine project in Argentina. The ASX-listed miner
Inflection Point Acquisition VIII Raises $287.5M in SPAC IPO
Inflection Point Acquisition VIII raised $287.5 million in its IPO, selling 28.8 million units on Nasdaq. The SPAC will now hunt for a priva
KKR-backed Wella files for NYSE IPO as revenue hits $2.94 billion
Wella Company, the KKR-backed maker of OPI nail polish, has filed for an IPO on the New York Stock Exchange. The company reported $2.94 bill