Business

Logo of German tyre company Continental is pictured before the annual news conference in Hanover, Germany, March 9, 2021. REUTERS/Fabian Bimmer  GERMAN automotive supplier Continental AG said in a preliminary estimate on Thursday that its third-quarter sales totaled about 5 billion euros ($5.84 billion), narrowly beating a company consensus of …

Jamie Dimon, Chairman and Chief Executive officer (CEO) of JPMorgan Chase & Co. (JPM) speaks to the Economic Club of New York in Manhattan in New York City, U.S., April 23, 2024. REUTERS/Mike Segar/File Photo  NEW YORK — JP Morgan Chase CEO Jamie Dimon said on Thursday the largest US …

A visitor tries on Meta’s new Ray-Ban Gen 2 smart glasses during Meta Connect. (Credit: Carlos Barria/Reuters via CNN Newsource)  RAY-BAN maker EssilorLuxottica reported better-than-expected third-quarter revenue on Thursday, boosted by “booming” sales of wearable products and steady growth in North America, its biggest market. Revenue in the quarter through …

The logo of German pharmaceuticals company Merck is seen in front of the company’s headquarters in Darmstadt, Germany, May 16, 2016. REUTERS/Kai Pfaffenbach/File Photo  GERMAN pharmaceuticals and technology company Merck KGaA slightly improved its midterm guidance for its health care business ahead of its capital markets day on Thursday. Merck …

United Airlines planes are seen at the tarmac at Newark International Airport in Newark, New Jersey, U.S., May 7, 2025. REUTERS/Eduardo Munoz  CHICAGO, Illinois — United Airlines forecast stronger earnings in the current quarter on Wednesday as it expects rising travel demand and improved pricing power to produce the highest …

Photo Credit: communicationstoday.co.in NEW YORK — A consortium led by asset manager BlackRock, which includes chip giant Nvidia and Microsoft, announced on Wednesday it is acquiring data center specialist Aligned Data Centers from Australian financial services group Macquarie for approximately $40 billion. The deal marks another sign of the tech …

ZURICH, Switzerland — Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, will eliminate 16,000 jobs worldwide over the next two years, its new chief executive said on Thursday. “The world is changing, and Nestle needs to change faster,” Philipp Navratil, who took the reins of …

NEW YORK — Jeep-maker Stellantis announced on Tuesday plans to invest $13 billion in US plants over the next four years, adding more than 5,000 jobs in Michigan and other midwestern states. The plans, which the company said represent its largest US investment push in its 100-year history, include the …

BEIJING — Apple will boost investment in China and further step up cooperation there, Chief Executive Tim Cook told the industry minister during a meeting on Wednesday in the capital, Beijing, the ministry said in a summary of their remarks. The comments come as the iPhone maker looks to sidestep …

Stellantis says it will invest $13 billion over the next four years to expand its manufacturing capacity in the United States, a move that the automaker says will increase its U.S. vehicle production by 50 per cent and add more than 5,000 jobs.  The announcement comes as the Canadian auto …