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Alliance Laundry raises $826 million in US IPO
Reuters· 2025-10-08 21:18
Core Insights - Alliance Laundry successfully priced its upsized New York initial public offering (IPO) at the top end of its marketed range, raising a total of $826.3 million [1] Company Summary - The company is a commercial laundry equipment maker [1] - The IPO indicates strong investor interest and confidence in the company's market position [1] Financial Highlights - The total amount raised from the IPO is $826.3 million, reflecting a robust demand for shares [1]
Disney raises admission prices for its theme parks during key holidays
Reuters· 2025-10-08 20:51
Disney said on Wednesday it will raise prices for certain tickets to its theme parks in the U.S. during key holidays such as the Thanksgiving week and New Year's Eve. ...
US FDA expands use of Regeneron's Libtayo as add-on treatment for skin cancer
Reuters· 2025-10-08 20:31
The U.S. Food and Drug Administration on Wednesday cleared Regeneron Pharmaceuticals' immunotherapy, Libtayo, as an add-on treatment for skin cancer patients at high risk of their disease returning after surgery and radiation, the drugmaker said. ...
Brazil's Petrobras to invest $486 mln in naval sector, fertilizer plant in Bahia state
Reuters· 2025-10-08 19:43
Core Insights - Petrobras, the Brazilian state-run oil company, is set to invest approximately 2.6 billion reais, equivalent to $486 million, in the northeastern state of Bahia [1] Company Summary - The investment by Petrobras indicates a strategic focus on expanding operations in the northeastern region of Brazil [1] - The CEO of Petrobras announced the investment plans, highlighting the company's commitment to regional development [1]
Exclusive: Ford F-150 Lightning plant hit by aluminum fire-related shutdown, union official says
Reuters· 2025-10-08 19:08
Ford Motor is pausing production next week at the Dearborn, Michigan plant that makes its F-150 Lightning electric pickup, a change a union official at the plant says is related to a disastrous fire a... ...
China's BYD expands South American footprint with Argentina EV launch
Reuters· 2025-10-08 18:58
China's largest carmaker BYD on Wednesday launched sales of its EVs in Argentina, taking advantage of the lifting of import tariffs for electric and hybrid vehicles and boosting its fast-growing footp... ...
Chevron expects Hess acquisition to outperform targets, CEO tells employees
Reuters· 2025-10-08 18:41
Core Viewpoint - Chevron's CEO Mike Wirth expressed confidence that the company will exceed its publicly-stated financial targets following the acquisition of a smaller oil producer [1] Group 1 - The acquisition of the smaller oil producer is expected to enhance Chevron's financial performance [1] - Wirth's statement indicates a positive outlook for Chevron's future earnings potential [1]
Google to invest 5 billion euros in Belgium, creating 300 jobs
Reuters· 2025-10-08 17:58
U.S. tech giant Google announced on Wednesday plans to invest 5 billion euros ($5.80 billion) in Belgium, which the compay said would create a further 300 jobs in the country. ...
Salesforce to spend $1 billion in Mexico over next five years to drive AI adoption
Reuters· 2025-10-08 16:58
Core Insights - Salesforce plans to invest $1 billion in Mexico over the next five years to expand its operations and promote artificial intelligence adoption [1] Company Strategy - The investment is aimed at enhancing Salesforce's presence in the Mexican market [1] - The focus on artificial intelligence indicates a strategic shift towards integrating advanced technologies into its offerings [1]
Airbus delivered 507 jets in first nine months
Reuters· 2025-10-08 15:58
Core Insights - Airbus delivered 507 jets in the first nine months of the year, indicating strong performance in aircraft deliveries [1] - The company aims to deliver around 820 jets by the end of the year, requiring 313 more deliveries in the fourth quarter [1] Delivery Performance - Total jets delivered in the first nine months: 507 [1] - Remaining jets to meet full-year target: 313 [1] - Full-year delivery target: approximately 820 jets [1]