AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024.Bloomberg | Getty ImagesShares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said...
A BP gas station in Madrid, Spain.Sopa Images | Lightrocket | Getty ImagesBP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels and lower gas and oil prices.The British energy giant logged underlying replacement cost profit,...
UBS logo is seen at the office building in Krakow, Poland on February 22, 2024.Jakub Porzycki | Nurphoto | Getty ImagesUBS on Tuesday reported a net profit of $1.8 billion for the first quarter of the year, smashing analyst expectations.Lower expenses following the takeover of Credit Suisse in June 2023 helped...
The injectable weight-loss medication Wegovy is available at New City Halstead Pharmacy on April 24, 2024 in Chicago, Illinois.Scott Olson | Getty ImagesNovo Nordisk, which became the most valuable company in Europe last year due to the blockbuster success of its weight loss drugs, on Thursday beat first-quarter profit...
Exhibition of Aston Martin DB11 during the Turin Motor Show 2018. Stefano Guidi | LightRocket | Getty ImagesLONDON — Luxury carmaker Aston Martin on Wednesday reported widening losses in the first quarter, as the company stopped production of its core models ahead of a launch a new range of vehicles...
People walking in the streets of Montmartre, Paris, France, on April 23, 2024. Nurphoto | Nurphoto | Getty ImagesPrice rises in the euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter, according to flash figures published Tuesday.Headline inflation of 2.4% was...
Christian Meunier, chief executive officer of the Jeep brand at Stellantis NV, during the 2023 New York International Auto Show (NYIAS) in New York, US, on Wednesday, April 5, 2023.Bloomberg | Bloomberg | Getty ImagesGlobal automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing...
An Airbus' employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024.Sebastien Salom-gomis | Afp | Getty ImagesAirbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at...
The Deutsche Bank AG headquarters in the financial district of Frankfurt, Germany, on Thursday, Feb. 1, 2024. Bloomberg | Bloomberg | Getty ImagesDeutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase.Analysts had forecast a...
One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024 and projects the same rate in 2025."When we do the risk...