Facebook owner Meta touts AI might as digital ads boost outlook; shares jump
(Reuters) – Meta Platforms Inc CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to…
Unilever sales beat estimates even as price rises slow
(Reuters) – Unilever smashed quarterly sales forecasts on Thursday as another big rise in prices from the maker of Dove…
AstraZeneca beats estimates on strong emerging market sales as COVID wanes
(Reuters) – AstraZeneca (NASDAQ:AZN) on Thursday beat expectations for first-quarter profit and revenue, as buoyant sales of cancer drug Imfinzi…
Nomura’s quest for global growth hits buffers again
(Reuters) – Japan’s Nomura Holdings (NYSE:NMR) Inc saw about $850 million wiped off its market value on Thursday as its…
European stocks mixed; results from Barclays, Deutsche Bank in focus
European stock markets traded in a mixed fashion Thursday, as investors digested a deluge of corporate earnings, with the banking…
India’s Reliance JV strikes content streaming deal with Warner for JioCinema
(Reuters) – The broadcast venture of India’s Reliance has struck a deal with Warner Bros Discovery (NASDAQ:WBD) Inc. for its…
Avolon agrees $4 billion deal with Boeing for 40 737 MAX jets
(Reuters) – Global leasing giant Avolon said on Thursday it had agreed terms for a commitment to order 40 Boeing…
Volvo Cars sees no need to cut prices as demand is healthy
(Reuters) – Sweden-based automaker Volvo Cars reaffirmed its outlook on Thursday and said it saw no point in cutting prices…
Bosch buys US semiconductor foundry to expand EV chip output
(Reuters) – Germany’s Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors and invest $1.5…
Thermo Fisher Scientific shares slide following YoY revenue decline in Q1
Shares of Thermo Fisher Scientific (NYSE:TMO) are down a further 4% premarket Wednesday after reporting a 9% year-on-year revenue decline.…