Novartis on Wednesday predicted that core operating income would grow in a "mid single digit" percentage range in 2023 following stagnation last year, as the Swiss drugmaker prepares to spin off its Sandoz generics business.
Nomura Holdings Inc, Japan's biggest brokerage and investment bank, reported an 11% rise in quarterly net profit on Wednesday, as a partial stake sale in an affiliate offset a slump in investment banking.
Snap Inc blamed a poor economy and increased competition for its ho-hum quarterly earnings, but a rise in the key ad metric could mean good news for Facebook owner Meta Platforms and Alphabet, analysts said on Wednesday.
Supermarket group Tesco, the biggest retailer in Britain, announced Tuesday plans to slash about 2,100 jobs, as sky-high inflation hikes costs.
McDonald's Corp on Tuesday beat Wall Street estimates for quarterly profit on higher menu prices, even as it warned short-term inflationary pressures would persist in 2023.
Spotify Technology SA on Tuesday forecast that the number of listeners would reach 500 million in the current quarter as it reported fourth-quarter results that beat expectations for both active users and subscribers.
Sales fell eight percent to 70.46 trillion won from the same period the previous year.
Ryanair logged a profit after taxation of 211 million euros ($229 million) for the third quarter of its financial year.
JPMorgan Chase & Co. is working with KPMG to improve how the U.S. bank supervises its traders.
Japan's Toyota was the world's top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.
Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July in a move that was welcomed by investors including board member and activist shareholder Nelson Peltz.
Dutch health technology company Philips will scrap another 6,000 jobs worldwide as it tries to restore its profitability and improve the safety of its products following a recall of respiratory devices that knocked off 70% of its market value.
With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some big restaurant chains including McDonald's and Starbucks are likely to tell investors that their restaurants will be more profitable this year.
British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights cancelled and 276 workers made redundant.
H&M reported Friday a big drop in profits in 2022, with a surprise loss in the fourth quarter as the Swedish fashion retailer exited Russia and faced soaring production costs.
Chevron Corp on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier earnings, but the bottom line fell shy of Wall Street estimates, undercut by asset writedowns and rising costs.
To listen to Goldman Sachs Group Inc chief executive David Solomon, the bank is doing "great," while skeptical investors wonder what comes next.
Wizz Air is upbeat on summer demand for travel but more cautious than its competitors, forecasting a return to profit in its 2023-2024 financial year, helped by strong bookings, new capacity and the benefits of hedging fuel costs.
Mastercard Inc forecast current-quarter revenue growth short of Wall Street estimates on Thursday, saying the boost from pent-up demand for travel will diminish going forward.
Blackstone Inc said on Thursday its fourth quarter distributable earnings fell 41% year-on-year as the world's largest manager of alternative assets cashed out fewer investments across its key portfolios.
Toyota named Koji Sato as its new president, CEO, and operating officer Thursday, replacing third-generation chief executive Akio Toyoda -- who will become board chairman.
Comcast Corp's fourth-quarter revenue beat Wall Street expectations on Thursday, as the media company saw continued demand at its theme parks and experienced modest gains in broadband subscribers outside of regions hit by Hurricane Ian.
The only true constant in the universe is change. This is a pretty noticeable trend when reflecting on even just the past few years.
Company culture is a hot conversational topic right now, and it's become more and more important to both employees and employers alike.
Elon Musk's electric vehicle (EV) company reported fourth-quarter profits of $3.7 billion, up 59 percent from the year-ago period as revenues jumped 37 percent to $24.3 billion.
IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer around beating revenue expectations in the fourth quarter.
EasyJet (EZJ.L) on Wednesday said it expected to beat current market expectations for 2023 based on the strength of bookings into summer and was set to deliver a return to full-year profit as the sector recovers from pandemic restrictions.
Johnson & Johnson on Tuesday said it sees the impact from high inflation carrying into 2023 and expects China's major COVID-19 outbreak to dent sales at its medical devices unit in the first half of the year.
Microsoft Corp posted results on Tuesday that showed some strength in the face of a weak economy, buttressed by a cloud business that hit Wall Street targets for the end of 2022, but it may miss expectations in the current quarter.
Twitter's British landlord said Tuesday it is taking the social media to court for not paying rent on its central London offices.
