Business news
France's EDF Logs 20% Surge in First-Half Profit, Warns about Price Declines
German truckmaker Traton, majority-owned by Volkswagen, on Friday posted a 7% rise in first-half operating profit buoyed by higher prices, even as...
BASF eked out a 0.6% gain in adjusted second-quarter earnings as slightly higher sales volumes made up for lower chemical prices but confirmed...
Holcim lowered its full-year sales guidance on Friday, after a downturn in Europe and North America hit second-quarter sales at the cement and...
Leonardo and France's Airbus are discussing ways to strengthen collaborations and industrial synergies, the chief executive of the Italian...
Dow missed second-quarter profit estimates on Thursday, hurt by lower demand and prices in Asia and Europe. Manufacturing activity in the...
Germany's Merck KGaA agreed to sell its pigments unit to China's Global New Material International (GNMI) for 665 million euros...
Air France KLM faces a hit of about 10 million euros ($10.85 million) from last week's global technology outage, finance chief Steven Zaat...
Apple's market share in China shrank by two percentage points in the second quarter of 2024, as the tech giant faced intensifying competition...
Financial technology firm Revolut has received a UK banking licence with some restrictions, it said on Thursday, ending a three-year wait for the...
Anglo American took a further $1.6 billion writedown on its British fertiliser project on Thursday but said it expects to reach a deal to sell...
French oil major TotalEnergies reported a 6% fall in second-quarter earnings on Thursday, worse than analysts expected, hurt by lower refined...
Unilever beat first-half profit expectations on Thursday boosted by resilient pricing even as sales growth disappointed. Shares in the...
Nestle India's first-quarter profit and revenue came in below expectations on Thursday as price hikes drove shoppers towards cheaper...
Unilever reported worse than expected underlying quarterly sales on Thursday after it was unable to win back shoppers it had alienated in...
Ford Motor reported a dip in second-quarter adjusted profit on Wednesday as the automaker continues to battle costly quality issues and an EV...
July 24 (Reuters) - Tesla shares tumbled 12% on Wednesday, evaporating almost $100 billion in stock market value after CEO Elon...
The euro zone's biggest banks largely beat second quarter earnings expectations on Wednesday, benefiting from still-high interest rates and...
Alphabet fell more than 3% on Wednesday on fears that its rising investments in AI infrastructure would squeeze margins and YouTube was facing...
Italian bank UniCredit said it aims to more than halve loans at its Russian unit by the end of next year to less than 1 billion euros ($1.1...
German arms manufacturer Rheinmetall more than doubled operating profit in the second quarter, driven by a surge in defence spending as a...
Italian bank UniCredit beat second-quarter profit expectations on Wednesday and said it was buying a Belgian digital bank that has its own...
Norway's Equinor is still considering reducing its 80% stake in Britain's Rosebank oilfield as it seeks to bring the share in line...
Spain's antitrust regulator said on Wednesday it had opened an investigation into possible anti-competitive behaviour by Apple's App...
Delta Air Lines reported sharply fewer cancellations Wednesday as the U.S. airline looks to return to normal after cancelling more than 6,000...
Indian private lender Axis Bank reported a first-quarter profit on Wednesday that missed analyst estimates, as higher provisions...
Santander Brasil's second-quarter recurring net profit jumped 44.3% on a yearly basis, the bank reported on Wednesday, topping market...
U.S. oil refiners are expected to report sharply lower second quarter earnings from a year ago after a listless summer driving season...
Shares in LVMH fell as much as 6.5% in early Wednesday trade and were on track for their biggest one-day drop since October 2023 after...
Britain's Informa said on Wednesday it had reached a deal to buy Cannes Lions Festival owner Ascential for 1.2 billion pounds ($1.6...
Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter, as...
Swiss private bank EFG International said on Wednesday net profit grew by 10% to a record 162.8 million Swiss francs ($182.7 million) in the...
Nestle may flag more price hikes on its chocolate products when the world's biggest food maker reports first-half earnings on Thursday,...
Porsche's operating profit dropped 20.5% in the first half to 3.06 billion euros ($3.32 billion), it said on Wednesday, after months...
Capital One Financial's profit fell 61% in the second quarter, it reported on Tuesday, as it set aside more money to cover losses on...
Coca-Cola raised its annual sales and profit forecasts on Tuesday, as the beverage maker expects to benefit from price hikes and an...
Spotify posted a record quarterly profit slightly ahead of analyst expectations on Tuesday, pushing its shares up more than 14% in premarket...
Porsche AG cut its sales and profit outlook on Tuesday due to an unexpected aluminium alloy supply shortage, sending the German company's...
Julius Baer on Tuesday named Goldman Sachs partner Stefan Bollinger its new CEO, as the Swiss private bank seeks to move on from the...
The Philippines' gaming regulator said on Tuesday it will cancel the licenses of offshore gambling firms and work with law enforcement agencies...
Equinix has acquired three data centers in the Philippines from Total Information Management to expand its presence in the high growth...
Regional lender New York Community Bancorp said on Monday it had closed the sale of about $5.9 billion in mortgage warehouse loans to Wall...
Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of...
Business as the main participant of transactions in the Forex and stock markets
Business is an integral component of the world economy, which have a huge influence on the traders behavior on the stock and currency markets. Mergers and acquisitions or bankruptcy of large corporations can change the dynamics on financial markets giving them new trends. If investor purchased shares of one or another company, he must follow all the events, which take place around the selected business and its competitors to have an opportunity at any time to turn news data in his favor and to reduce risks to investments.
Business as the foundation of intensive development of the economy and financial markets
The economy of developed and emerging countries is based on entrepreneurship which is responsible for the production of industrial products and general consumer goods, as well as products, which have export potential and bring to the state a significant share of the profits. In turn, this have an impact on significance of the national currency, what is clearly reflected on the foreign exchange market. Timely analysis will allow traders and investors to choose the right strategy and get the desired profit.