Business news

Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy...

Deutsche Bank shares fell as much as 5% in early Thursday trading as investors looked beyond forecast-beating quarterly earnings and a third...

A solid rise in revenues and lending income allowed Spain's Santander to post an 18% jump in profit to a record 9.6 billion euros in 2022,...

Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot...

Vodafone reported a steeper-than expected slowdown in its third quarter, the first under interim boss Margherita Della Valle, after service...

The dollar bonds issued by entities of India's Adani Group resumed their falling trend on Wednesday after a brief rise in the previous...

Novartis on Wednesday predicted that core operating income would grow in a "mid single digit" percentage range in 2023 following...

GSK on Wednesday beat fourth-quarter profit and sales forecasts helped by sales of its blockbuster shingles vaccine Shingrix and unveiled an upbeat...

Cash-strapped Mexican state-owned oil company Petroleos Mexicanos (PEMX.UL) (Pemex) said on Tuesday it had completed a $2 billion bond raising to...

General Motors Co shares jumped early on Tuesday after it reported higher net income for the fourth quarter, forecast stronger-than-expected...

KPN will keep a close eye on energy usage this year partly by modernising its network, its finance chief said, as the Dutch telecoms company...

Gautam Adani's crucial $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship firm, despite a $65...

Chinese electric vehicle (EV) giant BYD said on Tuesday it is working on a potential acquisition of Yi'an P&C Insurance Co, an insurer that...

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results, further hiking one of the...

Mastercard Inc and Binance said on Monday they are lauching a prepaid card in Brazil, Latin America's largest economy, as part of the...

China's BYD Co , the world's biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, expects its 2022 net profit to be more...

Italy's post office Poste Italiane plans to invest 1.2 billion euros ($1.3 billion) of mostly public money to renovate 7,000 outlets...

Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the...

Toyota Motor Corp sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world's top-selling automaker for a...

Retail group Bestway, the owner of Costcutter, has built a 3.45% stake in Sainsbury's, describing the move as an investment and not a step...

Sweden's H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and...

LVMH shares, which hit a record high earlier this month, fell on Friday as some analysts aired disappointment at the company's margins,...

Shell is considering exiting its home energy retail businesses in Britain, the Netherlands and Germany in the wake of "tough market...

European chipmaker STMicroelectronics beat fourth-quarter sales and earnings expectations on Thursday, as strong demand from automotive and...

The Dutch central bank (DNB) has fined U.S. cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to obtain the...

Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024...

SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics,...

Nokia on Thursday beat quarterly operating profit expectations and forecast higher 2023 sales as the Finnish telecom equipment maker said it...

Tesla Inc's aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down...

Testing and inspection group SGS said it was aiming for organic growth in the mid-single digit percentage range this year after on Thursday...

Levi Strauss & Co forecast annual sales above Wall Street estimates on Wednesday, banking on a stronger back-half of the year even as...

ASML Holding NV, Europe's largest technology company, beat fourth-quarter earnings forecasts on Wednesday and forecast a rise more than 25% in...

Earnings from major European companies on Wednesday offered some reasons for optimism about the region's corporate health, even as investors...

Brazilian retailer Americanas SA reported 7,720 creditors and debt totaling nearly $8 billion within its restructuring process, a Rio de...

Merck & Co Inc said on Wednesday it was discontinuing a late-stage trial of its blockbuster immunotherapy Keytruda in some prostate cancer...

Lonza on Wednesday said it will buy back shares worth 2 billion Swiss francs ($2.17 billion), despite an expected drop in annual margins, as...

Microsoft Corp posted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall...

A glitch at the New York Stock Exchange prevented the opening auctions for a slew of stocks on Tuesday, prompting widespread trading halts,...

Shares in Japan's Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved its...

Verizon Communications Inc's annual profit forecast fell short of Wall Street estimates on Tuesday, as it grapples with slowing growth in...

Johnson & Johnson on Tuesday forecast annual profit above Wall Street estimates, as strong demand for its drugs such as cancer treatment...

3M Co said on Tuesday it would cut 2,500 manufacturing jobs after reporting a lower profit, as the U.S. industrial conglomerate faces a demand...