Unibail-Rodamco Monday ruled out increasing its bid for Australia’s Westfield shopping mall operator despite the cash and script offer losing its premium after a fall in the French property giant’s share price.
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Chinese search engine giant Baidu will spin off its Netflix-like video arm iQiyi and list it in the US market, the company said in a statement that revealed its net profit grew only one percent during the fourth quarter.
Ride-share titan Uber on Tuesday revealed that its losses last year swelled despite signs in the final three months that it was stemming the red ink.
The world’s leading oil companies published a bumper crop in profits last year as rising crude prices helped turn their fortunes around, but they remain cautious and are unlikely to rush out on a new spending spree just yet.
The share price of British financial services group Capita plunged more than 40 percent on Wednesday after the indebted outsourcing firm warned over future profits.
German engineering giant Siemens said Wednesday that profits jumped in the first quarter, driven by rising demand for its products in areas ranging from renewable energy and trains to industrial robots.
Swedish telecoms giant Ericsson said Wednesday that it rang up huge losses last year as network competition, restructuring costs and investment in lightning-fast 5G technology pushed it deeply into the red.
Dutch electronics giant Philips on Tuesday posted soaring profits of 1.87 billion euros ($2.3 billion) in 2017, as it increasingly focuses its business on health technology.
La autoridad de competencia británica (CMA) estimó este martes que la compra del grupo audiovisual Sky por el gigante Fox, de la familia Murdoch, “no es en beneficio del público”, según las conclusiones preliminares de una investigación solicitada por el gobierno.
Juan Luis Cebrián, presidente del grupo mediático español PRISA, editor del diario El País, dejará el cargo el 31 de diciembre y propone como relevo a su actual vicepresidente, Manuel Polanco, indicó en su web el rotativo madrileño este miércoles.