Kraft Heinz Co on Thursday beat analysts' estimates for quarterly revenue, as consumers cooking more at home bought more of its packaged foods and condiments.
Client wins with Uber, Alibaba and HSBC helped the world's biggest advertising company WPP deliver an improvement in third-quarter underlying trading, particularly in Britain and the United States.
Buyout firm Carlyle Group Inc reported on Thursday a smaller-than-expected 6per cent drop in third quarter distributable earnings as growth in its private equity and credit businesses partly offset a decline in asset sales from its real estate and energy divisions.
In a case dating back two years, lawyers for Huawei Chief Financial Officer Meng Wanzhou on Thursday will resume questioning a Canada border officer who intercepted Meng before the federal police arrested her.
Malaysia's AirAsia X Bhd plans to drop a local airport operator from its US$15.3 billion debt restructuring plan to expedite discussions with creditors as its cash is running out fast, people with direct knowledge of the matter said.
Credit Suisse on Thursday posted a steeper-than-expected slide in third-quarter profit, as a surge in investment banking failed to offset a slowdown in wealth management and other headwinds it chalked up to exceptional circumstances.
WASHINGTON/SHANGHAI: Taiwan's UMC has pleaded guilty to trade secret theft in the United States and will pay a US$60 million fine in a case where it was accused of helping a Chinese state-owned chipmaker steal secrets from Micron Technology Inc. The fine is the second-largest ever in a criminal...
Standard Chartered booked a smaller-than-expected 40per cent slide in quarterly profit as the lender lowered its loan loss expectations linked to the coronavirus pandemic, also saying client demand was likely to increase next year.
Airbus said on Thursday it expected to reach cash breakeven in the fourth quarter, giving investors the first glimpse of future performance since the start of the coronavirus crisis after halting the bleeding of cash in the third quarter.
When banks were flooded with loan requests from businesses struggling with the fallout of the coronavirus pandemic, hastily built robots helped several lenders cope with the deluge.
