Reckitt Benckiser's adjusted profit beat market expectations, despite lower sales, as the company continues to progress with its turnaround plans. The consumer-goods company--which houses Dettol, ...
Seven & i Holdings named director Stephen Dacus as the new chief executive and said it aims to list its North American convenience-store unit by the end of 2026, taking bold measures as it sought to ...
Uni-President China has a fair financial shape that has improved since 2016 in our view. At the end of 2022, its EBITDA/interest expense ratio of 44 and debt/EBITDA ratio of 1.2 were better than ...
DHL owner Deutsche Post will slash around 8,000 jobs in Germany this year as part of a broader plan to cut costs and position the company for longer-term growth.
Bank Negara Malaysia on Thursday maintained its overnight policy rate at 3.00%, where it has been since May 2023. The decision was expected by seven economists polled by The Wall Street Journal.
--Saudi Aramco is considering a bid for BP's Castrol assets and could look to combine them with its Valvoline lubricants unit, Bloomberg reports, citing unnamed sources.
An official who manages the Federal Reseve's monetary-policy implementation said tweaks to the composition of the central bank's balance sheet could mean the Fed would eventually own relatively more ...
--Seven & i Holdings is planning to buy back a large amount of its own shares, Bloomberg reported Thursday, citing unnamed sources. --The buyback would total roughly 2 trillion yen, equivalent to ...
The life-sciences and electronics company said its earnings before interest, taxes, depreciation and amortization before one-time items--the company's preferred profitability metric--rose 3.3% to 6.07 ...
Victoria's Secret & Co. on Wednesday said it expects the year ahead to "gradually get better," despite what it characterized as shaky consumer confidence and sales forecasts that came in below ...
SYDNEY--Iron-ore giant Rio Tinto will invest $1.8 billion to develop a satellite ore-body development in Australia's mineral-rich Pilbara region.
Advantech is aggressive in North America. It is building a regional headquarters in Orange County, California by 2025. It plans to focus on the healthcare, smart city and gaming sectors. These sectors ...