Companies
Corporate news, earnings, deals, management and strategy.
1428 articles
HF Sinclair to End 80-Year Refining at Canadian Base Oil Plant; Keep Blending, R&D
The Clarkson refinery in Mississauga will cease producing base oils by 2027, shifting to imports, while retaining blendi...
e& Posts 11.6% Revenue Growth in H1 2026, Reshapes Portfolio with Vodafone Exit
Emirates telecom group e& reported AED 38.1 bn in H1 revenue, driven by subscriber growth to 251.5 mn and a AED 21.9 bn ...
Royal Jordanian's H1 Profit Shrinks to JOD 1.4M Despite 23% Revenue Gain
Revenue jumps 23% year-on-year but net profit collapses from JOD 12.7M to JOD 1.4M as fuel and financing costs surge and...
Visa, noon Launch Tap to Tip to Bridge UAE’s Cash-Digital Tipping Gap
An NFC sticker on delivery bags lets consumers tip riders with a tap, tackling the 58% of tips still paid in cash even a...
Ecopetrol's Profit Hit by Peso Appreciation: Every COP 100 Drop in TRM Cuts Net Income by COP 800 Billion
While Brent crude hovers near $90, a strengthening Colombian peso is set to erode billions from Ecopetrol’s bottom line....
Honda’s R&D Boss Targets 28-Month Development Cycle to Outrun Chinese EV Rivals by 2028
Honda has reshuffled its R&D structure to slash vehicle development time to 28 months, aiming to overtake fast-moving Ch...
Apple Delivers Record Quarter, But Stock Tumbles 8% as Market Fears Loom
Apple's revenue surged 16% to $109bn, with iPhone sales up 22% to a record $54bn for a spring quarter. Consumers rushed ...
The VUCA Trap: Why Blaming the Environment Won't Save Your Business
A concept born in the US military and adopted by business schools has turned into a blanket excuse for underperformance....
Spain's World Cup Victory Holds a Talent Playbook Every Business Leader Should Read
From La Masia’s long-term development to Athletic Bilbao’s regional-only policy, Spain’s win over Argentina shows how ye...
Allianz Tightens Grip on Pimco with €1.4 Billion Share Buyback from Former Staff
Allianz is raising its ownership in bond fund giant Pimco to at least 95 percent, buying out former employees' stakes fo...
ITC Braces for Tough Q1 as Cigarette Tax Hikes Weigh on Profit, FMCG Offers Respite
Analysts see a weak June quarter for ITC Ltd, with steep cigarette tax hikes and agri softness dragging earnings. Double...
Siemens Healthineers Cuts Revenue Outlook on Diagnostics Weakness, But Tariff Refunds Lift Profit
The German medical equipment giant lowered its full-year revenue growth forecast to 3.5–4% as its diagnostics unit drags...
Pet Service Holding's Revenue Rises 8% to €7.4M as OTC Products and Premium Lines Offset Prescription Headwinds
Pet Service Holding’s first-half revenue grew 8% to €7.4 million, driven by over-the-counter medicines, accessories and ...
FORVIA H1 2026: Margin Rises to 6%, Cash Flow Strong as IGNITE Plan Gains Traction
Automotive supplier FORVIA lifted its operating margin by 30 basis points to 6.0% in the first half, helped by cost disc...
Circle K Owner Couche-Tard to Buy Polish Chain Zabka for $8.7 Billion
The Canadian convenience-store giant expands into Central and Eastern Europe with its largest-ever acquisition, adding 1...
Musk Denies WSJ Report That Tesla Plans China Spin-off to Enable SpaceX Merger
Elon Musk calls a Wall Street Journal report “Fake News” that Tesla is preparing to separate its China business to clear...
Xiaomi Shares Slump 6.9% as Low SUV Pricing Stokes Margin Fears
Xiaomi stock fell sharply after unveiling new hybrid SUVs at lower-than-expected prices, sparking investor concerns over...
Inside Industrial and Commercial Bank of China: How the World's Largest Lender Generates Revenue
An overview of ICBC's sprawling banking empire—from corporate lending and personal finance to treasury operations and as...
Apple Shares Slide as Record Earnings Overshadowed by Weak Forecast
Apple's record June-quarter iPhone sales of $54.25bn were overshadowed by a 9-11% current-quarter revenue guidance that ...
Hyundai Rotem’s $1.7bn Morocco Rail Deal Anchors Korea’s Push for African Trade Agreement
South Korea and Morocco marked Throne Day by highlighting a $1.7 billion train order and ongoing CEPA negotiations, ceme...
Billionaire Kühne Builds a Strategic Transport Portfolio in Germany
Klaus-Michael Kühne’s holding company has taken large stakes in Lufthansa, Flix and Brenntag, fueling speculation about ...
Kolmar Korea’s China Plant Secures First Overseas CGMP Certification
Kolmar Korea’s Wuxi facility becomes the first overseas cosmetics factory by a Korean manufacturer to earn South Korea’s...
Zhongji Innolight Insiders Cash Out 5.3 Billion Yuan as Company Lands Hong Kong's Largest IPO in Years
Controlling shareholder Zhongji Holdings and a concert party sold 6.2 million A-shares for over 5.3 billion yuan on the ...
Tesla Considers Selling China Business to Enable SpaceX Merger — WSJ
Elon Musk is exploring a spin-off or sale of Tesla's Chinese operations to shield the EV maker from geopolitical risks a...
RWB Halts Investment Programme and M&A Talks After Drone Attacks
Wildberries & Russ freezes expansion spending and acquisition negotiations as it redirects resources to safety and compe...
Apple's Net Profit Jumps 20% as Market Cap Nears $5 Trillion, Leaving Nvidia Behind
Apple reported a 20% surge in nine-month net profit to $101.5 billion, fueled by stronger-than-expected iPhone and Mac s...
BayWa Waits for Binding Restructuring Deal by Autumn 2026; Equity Dilution Looms
BayWa’s creditors are being pressed to inject fresh capital and accept a haircut under a new restructuring concept, but ...
Alzchem’s Specialty-Chemicals Growth Engine Powers 14% EBITDA Jump
The German mid-cap's H1 2026 results show margin expansion led by Kreatin and defense-related nitroguanidine, while it e...
JPMorgan Keeps Adidas at Overweight, Lifts Revenue View After Slight Beat
JPMorgan analyst Wendy Liu reiterated an Overweight rating and EUR 230 price target on Adidas after the sportswear group...
PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction
The German sportswear group reported a smaller-than-expected net loss of €72.8m, helped by a €11.5m tariff reimbursement...