Business news

HCLTech, India's No.3 IT services player, reported a smaller-than-expected fourth-quarter revenue on Friday amid decelerating tech spending...

Exxon Mobil Corp on Friday missed analysts' estimates with a 28% year-on-year drop in first quarter profits as weaker refining margins and...

LVMH-backed buyout firm L Catterton has agreed to buy a majority stake in KIKO Milano in a deal which a source close to the matter said valued the...

Bankinter said on Friday it was applying for a full Irish banking licence and entering the deposit market as part of the Spanish bank's...

CITIC Securities Co, China's biggest brokerage, reported on Friday that first-quarter net profit fell 8.5%, hit by the sluggish investment...

It's taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones...

Private equity firm Thoma Bravo agreed to buy Britain's Darktrace for about $5.32 billion in cash on Friday, saying it would use its...

Russia's dominant lender Sberbank on Friday reported an 11.3% rise in first-quarter net profit to 397.4 billion roubles ($4.32 billion),...

Nomura Holdings Japan's biggest brokerage and investment bank, reported on Friday a 670% jump in quarterly net profit compared to a year...

Tech Mahindra shares jumped 13.2% on Friday, their biggest intraday gain in nearly eight years, after India's No.5 IT company announced a...

CVC Capital Partners said on Friday it had set the final price for its initial public offering (IPO) at 14 euros ($15.02) per share, at the...

Thyssenkrupp will sell a 20% stake in its steel business to EP Corporate Group (EPCG), the investment vehicle of Czech billionaire Daniel...

BNP Paribas beat first-quarter profit forecasts on Thursday as lower costs and a robust performance in global banking helped to offset a steep...

Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and...

Indian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium...

The European Energy Exchange's (EEX) revenue rose 19% last year, mainly driven by power and natural gas trading volumes as well as the...

Budget carrier Norwegian Air reported a wider-than-expected operating loss in the first quarter on Thursday, partly due to a weak Norwegian...

Spain's Sabadell forecast on Thursday its lending income to continue growing in 2024 after beating net profit forecasts in the first...

Automotive supplier Continental has been fined 100 million euros ($107.16 million) for breaching its supervisory duties in connection with the...

BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper that could spark a scramble for mining assets...

Wizz Air's slightly lowered net income guidance for its financial year to March 31 in a trading update on Thursday. The budget airline...

Unilever said on Thursday its first-quarter sales rose by a better than expected 4.4%, as one of the world's biggest consumer goods groups won...

Nestle India reported a bigger-than-expected increase in its quarterly profit on Thursday, as it benefited from higher product prices and...

BHP Group said it made an offer to buy London-listed miner Anglo American, valuing its share capital at 31.1 billion pounds ($38.84 billion),...

The Swiss National Bank posted on Thursday a record quarterly profit of 58.8 billion Swiss francs ($64.34 billion) for the first quarter,...

French tyre maker Michelin reported on Wednesday a 4.6% decrease in sales, slightly below expectations, citing a decline in volumes mainly in...

UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government's recently announced plan to hit...

Tesla shares surged about 10% on Wednesday after the electric-car maker eased some worries about slowing growth with a prediction that sales...

Europe's biggest airline Ryanair expects Boeing to take 12 to 18 months to eliminate backlogs in its aircraft deliveries, group chief...

Heineken sold more beer than expected in the first quarter, reporting its first quarterly year-on-year growth in volumes in a year as it stuck...

Italian energy group Eni said on Wednesday it would raise its planned 2024 share buyback by 45% to 1.6 billion euros ($1.71 billion) after...

Swedish automaker Volvo Cars said on Wednesday it expects good demand for its vehicles this year after a rise in first-quarter unit sales,...

Lloyds Banking Group saw pretax profit slide by 28% in the first quarter, as rising costs, peaking interest rates and intensifying competition...

French telecoms operator Orange reported on Wednesday a drop in first-quarter fixed broadband customers in its home market, knocking its...

Taiwanese chipmaker UMC said on Wednesday it expected a rise in wafer shipments in the second quarter as inventory levels for computing,...

Roche confirmed ambitions to return to sales growth this year on a continued boost from eye drug Vabysmo, after first-quarter sales slipped by...

Spanish utility Iberdrola on Wednesday raised its profit target for the year after a strong first quarter on the back of high renewable output...

Shareholders rejected Woodside Energy's climate plan on Wednesday, marking a symbolic victory for activists who have called for...

Consumer goods group Reckitt's like-for-like sales growth beat estimates in the first quarter as more people bought its Lysol, Dettol and...

Hitachi Energy is looking to open more global capability centers in India to expand local operations, amid growing energy demand and a push to...

Chinese tech company Huawei (HWT.UL) unveiled on Wednesday a new software brand for intelligent driving, marking its latest push to become a major...

Hong Kong's bourse operator reported a 13% drop in first-quarter profit on Wednesday, as sluggish trading and muted listing activities weighed...