Shawbrook Expects London IPO in November
The U.K. digital bank is the latest company cementing fundraising plans as initial public offerings in Europe make a comeback.
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Lloyds Banking Group Sets Aside Further $1.07 Billion For Car-Loan Redress
The lender said it is now more likely that a higher number of historical cases are eligible for redress and that the level of compensation is above what had been anticipated.
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Wingtech Shares Dive After Dutch Government Intervenes in Chip Unit
The Dutch government issued an order intervening in the Chinese company’s Netherlands-based semiconductor arm, citing national-security concerns.
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China Vanke’s Chairman Resigns
The Chinese property developers said Chairman Xin Jie has resigned from the board, less than a year after his appointment.
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Paramount Circling Warner Bros. Discovery After Rebuffed Approach
David Ellison’s company could take a plan to create a sprawling media conglomerate directly to shareholders.
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LG Electronics Guides for Smaller-Than-Expected Earnings Setback
The South Korean consumer-electronics giant guided for quarterly operating profit to fall 8.4%-a smaller decline than market consensus.
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GM’s Rare-Earth Gamble Pays Off as China Tightens Magnet Exports
The automaker has quietly seeded the revival of the domestic magnet industry, locking down supply amid trade tensions.
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Hyundai Factory Was a Deadly Job Site Before It Was Raided by ICE
Georgia construction project was marred by lax rules and frequent accidents, workers say; Hyundai says it took steps to address safety issues.
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ANZ Scraps Buyback to Invest in Mortgage, Commercial Bankers
Australia’s fourth-largest bank by market capitalization has scrapped its share buyback and plans to invest in mortgage and commercial bankers as its new CEO tries to boost productivity and returns.
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Tesla Offers Cut-Price New Vehicles In Europe, Trying to Arrest Sales Decline
Tesla has started to offer lower-priced versions of its vehicles outside of the U.S.
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Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO
Patrick James started out buying small Ohio factories and ended atop a messy conglomerate with piles of hidden debt.
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This Industrial Stock’s Earnings Could Send an All-Clear-or a Warning to the Economy
For the third quarter, Wall Street is looking for Fastenal to report earnings of 30 cents a share from sales of $2.1 billion.
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Thinking Machines Lab Co-Founder Departs for Meta
Andrew Tulloch is the latest big-name AI researcher to join the social-media giant.
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AstraZeneca Strikes Drug-Pricing Deal With Trump Administration
The agreement, which entails offering “most-favored nation” pricing, follows Pfizer’s deal to reduce prices for its drugs sold in the Medicaid program and through a direct-purchasing service to be branded TrumpRx.
(END) Dow Jones Newswires
October 13, 2025 05:15 ET (09:15 GMT)
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