Sony quarterly profit tumbles as movie business disappoints

(Reuters) – Japan’s Sony (NYSE:SONY) logged a hefty drop in first-quarter profit, hurt in part by a weaker performance from…

Cathay Pacific posts best H1 profit since 2010, to repay govt aid package

(Reuters) – Cathay Pacific Airways (HK:0293) reported on Wednesday its best first-half profit in more than a decade and announced…

Flutter’s US bet drives first half profit 76% higher

(Reuters) – Flutter’s first half core earnings jumped 76% as its fast growing U.S. Fanduel brand turned a profit for…

Bottler Coca-Cola HBC beats profit estimates, lifts sales outlook

(Reuters) -Bottler Coca-Cola HBC (LON:CCH) beat half-year profit expectations and lifted its annual revenue target on Wednesday, supported by strong…

Honda posts 78% rise in Q1 profit on U.S. sales jump

(Reuters) -Japan’s Honda Motor (TYO:7267) reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in…

Continental bets on higher pricing as tyre replacement flat

(Reuters) -Continental lowered its sales outlook for its tyres segment on Wednesday but kept its margin outlook unchanged as higher…

European shares rebound as Italy eases stance on bank levy

(Reuters) – European shares rose on Wednesday, with Italian lenders rebounding from sharp losses in the previous session after the…

Exclusive-Snapchat under scrutiny from UK watchdog over underage users -sources

(Reuters) -Britain’s data regulator is gathering information on Snapchat to establish whether the U.S. instant messaging app is doing enough…

Goldman Sachs’ Rogers to step back from chief of staff role-memo

(Reuters) – John Rogers (NYSE:ROG), an influential Goldman Sachs (NYSE:GS) executive, will step back from his role as chief of…

Under Armour posts surprise profit on easing cost pressures

(Reuters) – Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday, as cost pressures eased and…