Business news

South Africa's TFG said on Friday it will tighten costs and close underperforming stores after erratic monthly sales and soft winter...

Shares in Novo Nordisk fell as much as 3% on Friday after the Danish drugmaker and U.S. rival Eli Lilly agreed with the U.S....

A sharp rise in Hungary's budget deficit, if coupled with higher inflation and currency market pressure, could threaten Hungary's credit...

Indian beauty retailer Nykaa's quarterly profit more than trebled on Friday, boosted by steady demand for makeup and skincare products as well...

The global private credit market currently has no systemic risks, while Asia offers the biggest growth opportunities, a senior Bain Capital private...

Telecom Italia (TIM) would welcome any consolidation in the country's telecoms market, even if competitors should make the first move, the...

Eli Lilly said on Thursday its experimental obesity drug helped patients lose as much as 20.1% of their weight in a mid-stage trial. The...

Swiss stock exchange operator SIX said on Thursday it expects a 2025 net loss of about 300 million Swiss francs ($378.26 million), citing an...

Nissan Motor swung back to an operating profit in the second quarter on Thursday, reporting its best quarterly result in more than a year due to...

German utility Uniper has sold sizeable quantities of its future hydropower and nuclear output as part of its hedging strategy, the company...

Volvo Cars said on Thursday that it was targeting a long-term operating profit margin of over 8% in a strategy overhaul, deepening its...

UPS said on Wednesday it would reopen its sprawling air cargo hub in Louisville, Kentucky, after temporarily shuttering it a day earlier due...

Super Micro Computer's shares slipped more than 9% in premarket trading on Wednesday after the artificial intelligence (AI)-focused server...

Novo Nordisk said on Wednesday it had agreed a price under the U.S. Medicare scheme for semaglutide, the active ingredient in its key drugs...

The outlook for European corporate health has substantially improved, the latest earnings forecasts showed on Tuesday, as investors' worst...

The Magnum Ice Cream Company has concluded that the chair of its Ben & Jerry's brand no longer "meets the criteria" to serve as a...

Shares of Chinese electric vehicle maker Seres Group , the EV partner of technology firm Huawei (HWT.UL), fell as much as 7.2% in the company's...

U.S.-based investor Stonepeak said on Wednesday it plans to launch a redeemable, infrastructure-backed debt security on the Australian Securities...

Vonovia, Germany's largest real estate group, on Wednesday reported that it returned to profit in the first nine months of the year, as it...

From the launch of new products and services in Japan to facilitating leveraged trading bets, crypto exchanges and some financial firms are rushing...

Sarepta Therapeutics' shares plunged nearly 30% on Tuesday as the failure of two of its approved drugs in a key trial and weak forecast...

Oil major BP reported a smaller than expected fall in third-quarter underlying profit on Tuesday as a strong performance at all divisions led...

Saudi Arabia's Aramco, the world's top oil exporter, reported a 2.3% fall in quarterly profit on Tuesday, citing a drop in crude and...

Airbus delivered 585 airplanes in the first 10 months of the year, industry sources said, leaving a record 235 left to deliver to reach a...

Nintendo on Tuesday hiked its sales forecast for the Switch 2 gaming device to 19 million units for the financial year ending March 2026 from...

Japan's Toyota Motor is expected to post a second consecutive quarterly operating profit decline on Wednesday, as U.S. tariffs and...

Adani Enterprises reported a drop in second-quarter adjusted profit on Tuesday as weakness in its core coal trading business offset gains in...

Deutsche Pfandbriefbank (PBB) shares fell further on Tuesday with traders citing no clear driver behind the slump amid markets growing...

Nigeria's state-owned oil firm NNPC has been improving transparency about its performance in preparation for a long-awaited initial public...

Indian automaker Mahindra & Mahindra posted a nearly 18% rise in second-quarter profit on Tuesday, driven by steady demand for its...

Palantir Technologies fell almost 6% in early Frankfurt trading on Tuesday, as another strong quarterly update from the U.S. tech group failed...

German fashion group Hugo Boss on Tuesday said sales and operating profit in the current year would be at the lower end of its guidance and...

Tesla's sales plunged in October in a number of European countries including Spain, the Netherlands and Nordic markets in the latest sign...

Onsemi beat Wall Street estimates for third-quarter revenue and profit on Monday, helped by an artificial intelligence boom that has boosted...

Lending platform Pagaya Technologies on Monday announced an agreement to sell up to $500 million of its auto loans to asset-based private...

Kleenex maker Kimberly-Clark said on Monday it will buy Kenvue for more than $40 billion in a landmark deal for the consumer sector, as...

Honeywell on Monday named Jim Currier as president and CEO of its aerospace unit, which will become an independent publicly traded company...

SM Energy and Civitas Resources said on Monday they will merge in a deal valued at about $12.8 billion, including debt, creating one of...

BP has agreed to sell minority stakes in some of its U.S. onshore pipeline assets in the Permian and Eagle Ford basins to investment firm...

Ryanair reported forecast-beating six-month post-tax profit on Monday and nudged up its passenger traffic forecast after earlier than expected...

Heineken has pledged to bolster its revenue and cut costs, but investors in the world's No. 2 beer maker say tougher steps, including...

Volkswagen said on Friday it has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil's state development bank BNDES to...