WiseTech Global Founder Richard White Steps Down as CEO — Update
SYDNEY--WiseTech Global's Richard White will stand down with immediate effect as chief executive of the logistics-software firm that he founded 30 years ago, in the wake of allegations of ...
Eni Sells Stake in Biofuels Unit to KKR for $3.17 Billion — Update
Eni is selling a 25% stake in its biorefining company Enilive to New York-based private equity firm KKR & Co. for 2.94 billion euros ($3.17 billion). The Italian energy major said Thursday that the ...
Hyundai Motor Profit Drops, Missing Estimates — Update
Hyundai said in a statement that it expects an unfavorable business environment, with major global markets slowing and geopolitical risks rising. However, the company aims to maintain solid sales ...
ServiceNow’s Platform and New AI Solutions Are Widening Its Moat
While ServiceNow has rapidly gained share by displacing legacy vendors in the help desk function, as the company continues to expand into areas outside of IT, it will increasingly encounter new ...
Danone Sales Growth Beats Market Expectations on Higher Volumes — Update
Danone said its performance was supported by North America, where comparable sales grew 5.8%, driven by its high-protein, coffee and water products. In the company's China, North Asia and Oceania ...
Barclays reports 18% profit rise as it lifts income guidance
Barclays said its third-quarter pretax profit rose 18% to GBP2.23 billion as it boosted its 2024 income target. Analysts polled by Visible Alpha expected a pretax profit of GBP1.96 billion. It now ...
Challenging US End Market Weighs Down Align's Clear Aligner Sales and Slows Recovery
Increasing competition in the clear aligner market could erode Invisalign’s market share over the long term. More dental and orthodontic offices are likely to purchase iTero scanners as they adopt ...
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Eni to Sell 25% Stake in Mobility Firm Enilive to KKR for $3.17 Billion
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London Stock Exchange Group Revenue Rises on Strong Growth Across Divisions
London Stock Exchange Group reported a rise in revenue for the third quarter, driven by strong growth across all its divisions, and said it remained confident in sustained growth ahead. The ...
RELX Posts Underlying Revenue Growth
RELX said underlying revenue grew 7% in the year to date, driven by strong sales of its platforms across its business units.
Barclays Tweaks Revenue Guidance After Profit Beat
The British bank on Thursday reported a pretax profit of 2.23 billion pounds ($2.88 billion) for the three months ended Sept. 30, an 18% increase compared with the same quarter the previous year. The ...
Hermes sales rise 10% even as Chinese traffic falls
Luxury goods group Hermes International (FR:RMS) said it was able to offset a downturn in traffic in China since the end of the Chinese new year as third-quarter revenue rose 10.1% to EUR3.7 billion.