International Companies
BNP Paribas beats forecasts comfortably with Q1 results
French banking giant BNP Paribas delivered an increase in profits in its first quarter on stable revenues, as it reiterated its guidance for the full year.
Micron secures $13bn funding package from White House
Micron Technology has secured more than $6bn in direct funding from the US government to help build leading-edge chip factories, it was announced on Thursday.
Deutsche Bank Q1 profits boosted by investment banking
Deutsche Bank posted a jump in first-quarter pre-tax profit on Thursday, underpinned by a solid performance from investment banking.
First-quarter sales miss forecasts at Nestle
Shares in Nestle came under pressure on Thursday, after the Swiss food giant missed first-quarter sales estimates.
Germany consumer sentiment picks up - GfK
German consumer sentiment has continued to strengthen, a closely-watched survey showed on Thursday.
More than 3,000 jobs at risk at Casino
Beleaguered French retailer Casino Guichard-Perrachon is to cut up to 3,200 jobs as part of wide-reaching overhaul.
Heineken sees volumes jump, maintains cautious tone
Heineken posted a rise in quarterly revenues and volumes on Wednesday, despite a “challenging and uncertain” economic outlook.
Tesla announces plans to cut 400 jobs in Germany
Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
UPS tops Q1 profit forecasts but misses on revenue
American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expected.
GM lifts full-year outlook after strong Q1
US auto giant General Motors on Tuesday lifted its profit and cash flow guidance for the full year after a strong first quarter in which it beat market forecasts.
PepsiCo Q1 profit boosted by international performance
US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
Renault's Q1 revenues held back by FX movements
French carmaker Renault beat forecasts with its first-quarter results, though shares fell as sales from the automotive division were held back by currency movements.
Expanded use of Cosentyx drug sees Novartis raise expectations
Swiss pharmaceutical giant Novartis raised its full-year guidance Tuesday after beating expectations in its first quarter.
CoStar to buy Matterport in $1.6bn deal
CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1. 6bn deal.
Ocado shareholders reportedly pushing for move to NYSE
Ocado shareholders are pushing for a potential shift from its London listing to the New York Stock Exchange, it emerged over the weekend.
Galp shares surge on news from Namibia's Mopane field
Shares in Portuguese oil company Galp Energia popped on Monday, after it announced completion of the initial exploration phase in the Mopane field, offshore Namibia, revealing the potential presence of a substantial oil reserve of at least 10 billion barrels.
Takeover talks between Salesforce and Informatica fall through - report
Takeover talks between enterprise tech giant Salesforce and smaller sector peer Infomatica have fallen through, according to reports, after the software companies failed to agree on a price.
Schneider Electric in talks to take over Bentley Systems
French industrial energy giant Schneider Electric on Friday announced that it was in discussions to take over US-listed software firm Bentley Systems in a deal that could be worth nearly $16bn.
Old Mutual gets green light from South African Prudential Authority to set up bank
Old Mutual clinched approval from the Prudential Authority to set up a bank subject to specific licence conditions.
Woodside Energy posts decline in Q1 production
Woodside Energy reported a 7% quarter-on-quarter decline in output to 44. 9 million barrels of oil equivalent per day over the three days ending in March.