Societe Generale Contemplates Unit Sales as Part of New Strategy
Societe Generale (OTC:SCGLY) SA, under the leadership of CEO Slawomir Krupa, hinted at potential unit sales during an Investor Day…
Ericsson’s Q3 Profit Declines, North American Sales Drop Amid Telco Spending Cuts
Swedish telecom company Ericsson (BS:ERICAs) is anticipated to report a significant dip in its Q3 net profit for 2023. The…
Pfizer’s foggy COVID outlook hits vaccine maker shares
(Reuters) – Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine and…
WeWork names David Tolley as CEO to boost turnaround efforts
(Reuters) – WeWork on Monday named interim Chief Executive David Tolley as its CEO, tasking the former Blackstone (NYSE:BX) executive…
Drug retailer Rite Aid files for bankruptcy amid rising debt, opioid litigation
(Reuters) – Debt-laden Rite Aid (NYSE:RAD) filed for bankruptcy protection on Sunday and said it would close underperforming stores, as…
Binance burns $450 million BNB tokens, price remains stable
In a recent development, Binance, a prominent player in the cryptocurrency exchange market, carried out its 25th quarterly BNB token…
Earnings call: BlackRock reports strong Q3 2023 results and optimistic future growth plans
BlackRock Incorporated (NYSE: NYSE:BLK) reported robust financial performance for the third quarter of 2023, with $193 billion in total net…
CEOs’ lack of confidence in cybersecurity resilience may hinder growth
A recent report titled “The Cyber-Resilient CEO” by Accenture (NYSE:ACN) reveals a paradox in the mindset of global CEOs regarding…
Earnings call: Citi reports robust Q3 2023 results, announces organizational changes and new digital asset solution
In the third quarter of 2023, Citigroup (NYSE:C) reported a net income of $3.5 billion, with earnings per share (EPS)…
Samsung set to lead in 2nm chip production as TSMC faces delays
In the race for next-generation chip development, Samsung Electronics (KS:005930) appears poised to take the lead with plans to introduce…