11:13 AM EDT, 08/13/2024 (MT Newswires) -- China Yuchai International ( CYD ) said Tuesday its subsidiary Guangxi Yuchai Machinery and Rolls-Royce's power systems division agreed to a second phase of their joint venture, MTU Yuchai Power. The venture plans to expand the production and localization of mtu Series 4000 engines for power generation and oil and gas sectors. The...

11:12 AM EDT, 08/13/2024 (MT Newswires) -- Michael Hsing, Director, CEO, on August 09, 2024, sold 4,263 shares in Monolithic Power Systems ( MPWR ) for $3,526,277. Following the Form 4 filing with the SEC, Hsing has control over a total of 1,006,934 shares of the company, with 861,069 shares held directly and 145,865 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1280452/000121465924014284/xslF345X03/marketforms-66764.xml Price:...

Aug 13 (Reuters) - Paramount Global ( PARAA ) will begin laying off 15% of its workforce in the United States starting Tuesday as part of its planned job cuts, the media giant said in an internal memo. Paramount, which owns networks like CBS, MTV and Comedy Central, aims to reduce annual costs by $500 million and return to profitable...

On Tuesday, Baxter International Inc ( BAX ) agreed to sell its Kidney Care segment, Vantive, for $3.8 billion to The Carlyle Group Inc ( CG ) Baxter will receive approximately $3.5 billion in cash, with net after-tax proceeds currently estimated at approximately $3 billion. Baxter announced its intention to create a standalone kidney care company in January 2023 as part...