Welbilt's exposure to the U.S. fast-food market will make new Italian owner Ali Group more resilient in a slowing global economy, while the deal will bring $100 million in cost…
Category: Business
Exxon posts record-breaking second-quarter profit
Exxon Mobil Corp (XOM.N) on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending. The top…
Portugal’s economy loses momentum, inflation weighs on consumption
Portugal's economy lost momentum in the second quarter after a very strong start to the year, with inflation at a three-decade high weighing on private consumption, official data showed on…
Alfa Romeo to develop large car in the United States
Itay's Alfa Romeo will work on a new large-size car in the United States to be launched in 2027, the brand's head Jean-Philippe Imparato said on Friday, adding however the…