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Business

Bite Back: Youth campaign shames companies over junk food products

Activists in the UK call out firms like Ferrero and Mondelez that cash in on selling unhealthy food to children.

Business

HSBC shares dive 8% as profit expectations fail to satisfy investors

The share price of HSBC Holdings slumped by more than 8% in London as the UK's biggest bank left investors disappointed with the profits reported for the final three months, and for all of 2023.

Business

Juicy £600 steaks help Salt Bae rake in the millions

Despite its often eye-watering prices, the restaurant group has still had to battle with surging energy bills.

Business

Swiss banking giant UBS sees hopeful future, despite present losses

The Swiss bank has reported pre-tax losses in the last three months of 2023 but has impressive goals, including raising dividends.

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Business

Tech earnings in focus: Who led the charge – Meta, Amazon, or Apple?

Three tech giants reported results after the market closed. Meta to pay dividend after jump in profits.

Markets

Deutsche Bank plans 3,500 job cuts to boost profitability

Germany’s biggest bank wants to increase investor rewards despite falling profits, laying off staff to finance new plans.

Business

Drugmaker Novo Nordisk reaches market value of $500 million

Demand for obesity drugs has pushed Novo Nordisk's share price to new highs.

Business

UK company profit warnings worse than during 2008 bank crisis

One in five UK companies warns of declining profits as high interest rates take their toll.

Economy

Tesla stock drops as earnings fall short of analyst estimates

Tesla's net income more than doubled last quarter on a one-time tax benefit, even as electric vehicle price cuts and slowing sales growth cut into profits.

Business

Goldman Sachs profits up 51% but full year reflects difficult quarter

On a per-share basis, Goldman earned $5.48 per share, beating analysts' expectations.

Business

Tesco lifts profit guidance following robust Christmas sales

Tesco has increased its profit guidance following better-than-expected Christmas sales due to exceptionally strong fresh food sale volumes.

Business

JD Sports shares plummet following dire profit warning

JD Sports shares fell around 20% on Thursday, following the retail chain issuing a gloomier profit forecast than before

Business

AstraZeneca announces new anti-obesity drug deal and positive profit

AstraZeneca's share price climbed on Thursday after it announced a multi-billion dollar deal with Chinese biopharmaceutical company Eccogene to produce a new anti-diabetes and obesity drug.

Business

Here is why Walt Disney investors could get cheery

The 100-year-old company is promising to deliver - Disney has just released its latest earnings report.

Business

Fortune 500 Europe: Which company is the biggest on the continent?

Energy companies are sitting on top of the newly published Fortune 500 Europe list.

Markets

France’s Credit Agricole sees 13% revenue growth in Q3

Credit Agricole has announced a 13% growth in revenues this quarter compared to last year, but it now has allegations of money laundering to contend with.

Markets

Commerzbank profits more than tripled in Q3

German lender Commerzbank saw its net profit after tax triple compared to last year thanks to its strategic roadmap.

Business

Record profit for Air France-KLM and British Airways-owner IAG

Investors are spooked by rising fuel costs despite a booming post-pandemic demand for travel.

Economy

In spite of a recent dip, Russian banks face record profits this year

High interest rates took a bite out of consumer lending and took a toll on banks' profits in September.

World News

Euroviews. If you’re saying no to war, you have to say no to oil

Fossil fuels fund war. That might be a sentiment you’ve seen or heard before, plastered onto placards or shouted by activists. But what does it really mean, Lucy Hall writes.