Geely Automobile, China's second-largest electric-vehicle maker, reported a weaker bottom line, but its core profit grew thanks to record sales and higher revenue. Currency swings dragged net profit ...
NIO's shares rose sharply after the Chinese carmaker's announcement of a new sport-utility vehicle added to expectations for strong sales momentum this year. Shares were recently 7.9% higher at 52.10 ...
Adidas confirmed its outlook for the year but noted that the current environment is characterized by economic challenges and high uncertainty. The German sporting-goods company said Wednesday that it ...
Mercedes-Benz said it is confident of booking a recovery in its operating earnings, despite a slide in first-quarter revenue and profitability, as the group hopes a swathe of new auto models can help ...
The Swedish group--which also operates in Estonia, Latvia and Lithuania--reported Wednesday a net profit of 7.345 billion kronor ($792.3 million) for the first quarter. In the same period a year ...
Deutsche Bank reported a rise in its quarterly profit on the steady performance of its investment bank and growth in other divisions. Germany's largest lender by total assets on Wednesday posted an ...
Purdue Pharma to Pay $225 Million to Justice Department The ruling ends a yearslong criminal case against the pharmaceutical company accused of fueling the opioid epidemic. Visa Revenue Climbs as ...
AI Worries Have Returned to Wall Street. Now Come Earnings. A slide in artificial-intelligence stocks comes ahead of earnings from key tech giants. Trump Tells Aides to Prepare for Extended Blockade ...
Dow Jones Top Energy Headlines at 12 AM ET: U.A.E.'s OPEC Exit Deals Major Blow to Cartel Amid Middle East Oil Squeeze | UAE ... U.A.E.'s OPEC Exit Deals Major Blow to Cartel Amid Middle East Oil ...
Dow Jones Top Financial Services Headlines at 12 AM ET: Visa Revenue Climbs as Consumers Keep Spending | Robinhood ... The payments company also bumped up its revenue and profit outlook for the full ...
Revenue fell 4.9% on year to 31.60 billion euros, while the adjusted operating margin in the mainstay cars business slid to 4.1% from 7.3% previously. Group net profit fell 17% on year to 1.43 billion ...
Hong Kong-listed shares of Ping An Insurance rose, after the Chinese insurer posted robust operating profit for the first quarter amid market volatility. The stock rose as much as 6.2% to 63.75 Hong ...
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