Total beats quarterly forecasts, lifts dividends despite low oil price
Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion and fulfilled its pledge to boost dividends...
Deutsche Bank welcomes Capital Group with 3.1% stake
Deutsche Bank said on Thursday that Capital Group now holds a 3.1% stake in the German bank, making the Los Angeles-based firm one of its...
Nokia’s surprise profit rise fails to salvage 2019 dividend
Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times...
Mitsubishi postpones SpaceJet delivery again, books $4.5 billion special loss
Japan’s Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen ($4.5 billion) special loss after its aircraft unit delayed the delivery...
China to halve tariffs on some U.S. imports as virus risks grow
China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that...
Oil rises a second day in ‘relief rally’ over China coronavirus
Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China...
Strong cash flow keeps Total’s fourth-quarter net profit steady
French energy major Total said on Thursday that its net adjusted profit for the fourth quarter of 2019 was steady at $3.2 billion compared with...
Sanofi eyes more EPS growth this year as it narrows focus
Sanofi said on Thursday its earnings per share were likely to rise by around 5% in 2020, weeks after it promised to focus on vaccines...
Norwegian Air’s January passenger income jumps
Norwegian Air cut its capacity by a bigger-than-expected 29% in January from a year earlier, removing unprofitable routes while boosting its income from remaining flights,...
Exclusive: BP eyes sale of Algerian gas plant after Rosneft talks fail – sources
BP is seeking buyers for its stake in a major Algerian gas plant deep in the Sahara desert after recent talks on a sale to...