business
Autonomous-Truck Company Einride Plans to Go Public in SPAC Deal
Swedish provider of battery-electric and self-driving trucks is looking to expand its global operations. Source link
Shipbuilder Fincantieri’s Revenue Rises on 85% Jump in Underwater Business
The shipbuilder’s rise in revenue for the first nine months of the year comes as its order intake increased and exceeded the record achieved last year. Source link
Chevron Is Getting More Serious About Power
The No. 2 U.S. oil producer is in “exclusive negotiations with a premier customer” for a West Texas plant to service an AI data center. Source link
Inside the Little-Known World of Private Judges for Hire
Private judging is on the books in about 30 states. And unlike arbitration or mediation, the proceedings are typically public and the rulings are broadly appealable in the courts. Source link
Alcon Shares in Switzerland Climb After Guidance Confirmation
Shares rose after the eye-care specialist reported an acceleration in sales growth and confirmed its annual outlook, reassuring on its prospects after two guidance cuts this year. Source link
SSE to Invest $43 Billion in Five-Year Plan to Grow Earnings, Dividends
The U.K. energy group said the fully-funded five-year plan will increase its exposure to U.K. electricity networks, renewables and system flexibility. Source link
BAE Systems Warns U.S. Government Shutdown Could Delay Payments
The London-listed defense company said, however, that the U.S. government shutdown hasn’t yet had material effects on its U.S. business. Source link
Infineon Forecasts Return to Sales Growth as AI Chip Demand Keeps Booming
Revenue in the year to the end of September is expected to reflect booming demand for chips powering data centers. Source link
Foxconn Profit Tops Estimates Amid Robust AI Server Business
Cloud and networking products—including AI servers—accounted for 42% of total revenue, remaining Foxconn’s largest business. Source link
LVMH Acquires Minority Stake in Swiss Watchmaker La Joux-Perret
LVMH’s watch division acquired a minority stake in La Joux-Perret, but the Swiss watch manufacturer will remain fully independent. Source link