India's benchmark stock indices closed higher on Friday, with the Nifty 50 rising 0.27% and the BSE Sensex adding 0.21%, as strength in financial and auto shares compensated for losses in the technology sector.
Chinese regulators conducted safety inspections at automakers Nio, Chery, and JAC, focusing on the compliance of their intelligent connected vehicles. The move follows similar reviews of GAC Aion and Xpeng, signaling heightened scrutiny of the sector.
French utility EDF is postponing the sale of a stake in its Italian unit, Edison, citing a lack of clarity regarding the subsidiary's gas supply chain, according to the company's finance chief.
Nuclear power technology giant Westinghouse Electric Company has confidentially submitted paperwork for a U.S. initial public offering, a move that would take the Brookfield and Cameco-owned firm public.
The oil major reported its largest quarterly profit in four years, driven by elevated energy prices, but its adjusted earnings per share fell slightly short of Wall Street's expectations.
The oil major's adjusted earnings of $12 billion surpassed analyst expectations, driven by elevated energy prices and record refining margins amid geopolitical instability.
The U.S. auto safety regulator is investigating certain Model 3 and Model Y vehicles after receiving over 150 complaints alleging a suspension component failure that could cause a loss of steering control.
Nuclear technology provider Westinghouse Electric Company has confidentially filed for an initial public offering in the U.S., joining a wave of nuclear firms tapping public markets to fund growth amid surging power demand.
Saudi Arabia's Public Investment Fund has received clearance from the European Union for its $55 billion acquisition of Electronic Arts, clearing a key regulatory hurdle under the bloc's foreign subsidy rules.
