Uncategorized

Nokia cut its full-year sales outlook but said it was tracking toward the mid-point or slightly below the mid-point of its operating profit guidance, warning that telecom operators continued to hold back on investing in new network equipment.

Publicis now expects organic net revenue growth of 5%-6% for the year, after second quarter sales beat analysts’ expectations, fueled by gains in market share.

Taiwan Semiconductor Manufacturing Co.’s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom.

Novartis now expects its core operating profit to grow in the mid to high teens, after second-quarter results outpaced analysts’ expectations, boosted by revenue from its blockbuster treatments.

Anglo American cut its 2024 coal-production target after a fire incident at a major mine is set to suspend production for the rest of the year, while backing guidance for its key metals copper and iron ore.

Biden, who was delivering speeches in Las Vegas, “is experiencing mild symptoms,” White House press secretary Karine Jean-Pierre said.

If Donald Trump wins the U.S. election, his plans for 60% tariffs on Chinese goods could be a “major downside growth risk” to China, according to Goldman Sachs.

United and Delta have benefited from an increase in consumers’ shift to premium cabins.

Japan’s trade balance reversed from 1.2 trillion yen deficit in May, or $7.7 billion, to a 224 billion yen surplus.