The food group Nestle is planning to return back up to $20.13B to shareholders within the following three years and revamp the struggling waters business, as organic sales growth dropped in the Q3.
On Thursday, Britain has signed its Brexit deal with the EU bloc, however, the Prime Minister Boris Johnson still faced the Parliament challenge to receive an approval, Reuters reported.
The We Company, the owner of WeWork, has established a committee of a special board to explore offers for a $5B financing lifeline from SoftBank Group Corp, the company's largest shareholder, and JPMorgan Chase, its main lender.
Australia's Central Bank reported its net profit rose 18% during the last financial year, as lender's foreign reserves were bolstered by the local currency's sharp depreciation, according to its annual report released on Thursday.
The British pizza delivery firm, Domino's Pizza Group Plc, stated on Thursday that it would leave four non-profitable European markets.
Barneys New York, the struggling US luxury department-store chain, has reached a deal on its assets sale to Authentic Brands Group, the brand developer, and the investment firm B. Riley Financial, according to Reuters.
International Business Machines reported its Q3 revenue fell 3.9% to $18.03B, missing analysts' expectations of $18.22B, and sending the company's shares down 3% on the results.
China's Xiaomi Corp is planning to shed its budget brand image by widening the Indian product portfolio, adding pricier high-spec smart TVs and smartphones, the company's senior executive said.
Netflix shares rose 8.7% on Wednesday, in after-hours trading, after the company reported the number of its subscribers grew more than expected in the Q3 ahead of a new streaming video competition against Walt Disney and Apple.
Facebook is expecting to get backing for its cryptocurrency Libra from 100 lenders after addressing all regulatory concerns, despite the project was abandoned by a number of high-profile partners, such as Visa, Mastercard and PayPal.
Huawei Technologies rolls out new 5G mobile antennae, expecting acceleration in network upgrades that are led by three operators in the vast Chinese market, Reuters reported.
Natixis, the French investment bank, named Joseph Pinto as Natixis Investment Managers' new Chief Operating Officer and Philippe Setbon as a CEO of NIM's affiliate Ostrum Asset Management.
According to data published by Refinitiv, the number of Netflix paid subscribers in Q3 has increased by 6.77M people or 5%, thus beating analysts' projections.
On Wednesday, the United Auto Workers (UAW) and General Motors (GM) leaders have concluded a deal that should end a month-long strike.
Bank of New York Mellon reported on Wednesday its quarterly profit plunged 7%, as the world's biggest custodian lender earned lower fees and was hit by a fall in interest rates.
On Wednesday, Britain's competition regulator has launched a formal probe into Amazon.com's investment in the food delivery firm Deliveroo, setting December 11 as a deadline for a decision on the investigation's first phase.
China's Geely Holding-controlled Volvo Cars is seeking to reduce the carbon footprint produced by its vehicles by 40% by 2025 as the carmaker aims to become climate neutral by the year of 2040, it announced on Wednesday.
Huawei Technologies reported on Wednesday its Q3 revenue skyrocketed 27% to $23.28B, boosted by an increase in its smartphone shipments launched before the United States blacklisted the Chinese company.
The Euro Zone inflation has increased 0.8%, plunging to the slowed pace in about three years this September and missing previous expectations of a 0.9% rise, the EU statistics agency reported on Wednesday.
Bank of America, the second-biggest US bank by assets, reported on Wednesday its quarterly profit plunged 21% to $5.27B, or 56 cents a share, tumbled mainly by a $2.0B pretax impairment charge.
On Wednesday, Leo Varadkar, the Irish Prime Minister stated that the last talks between Britain and the EU had not brought any solution to the Brexit issues, including trade and the Irish border status.
The Chinese technology giant Huawei Technologies reported on Tuesday its revenue rose 24.4% during the first three quarters in the current year to $86.0B, by shipping over 185M smartphones within the same period, up 26% year-over-year.
The Dutch-based lighting firm Signify agreed with Eaton Corp. to acquire Cooper Lighting Solutions in a cash-deal worth $1.4B, as it seeks to expand its footprint in North America.
The union of the United Auto Workers and General Motors are nearing a deal to terminate the month-long UAW strike that had cost the carmaker around $2.0B, after the President Mark Reuss and the CEO Mary Barra took part in the contract talks.