Volkswagen second-quarter operating profit up 30% as SUV push pays off
Volkswagen Group said its second-quarter operating profit rose 29.9% despite a 1.8% drop in vehicle sales after the VW brand launched a raft of higher-margin...
Total plans $5 billion in asset sales, second quarter net profit falls
French energy giant Total said on Thursday it will sell assets worth around $5 billion mostly from its upstream exploration and production business as it...
AB InBev beats expectations as beer sales growth hits five-year high
Anheuser-Busch InBev , the world’s largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five...
Volkswagen first-half operating profit up 10% on higher Volkswagen, Porsche sales
Volkswagen Group on Thursday said its first half operating profit rose 10.3% to 9 billion euros ($10.02 billion), buoyed by sales of higher-margin sports utility...
Oil crawls up amid Mideast tensions; weak demand outlook caps gains
Oil prices nudged higher on Thursday amid Middle East tensions and after weekly U.S. crude stocks dropped more than expected, but gains were stemmed by...
AB InBev beats earnings expectations as beer sales spike
Anheuser-Busch InBev , the world’s largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in five years....
Asian shares edge up before ECB decision, euro near two-month lows
Asian shares rose but struck a more cautious note than a tech-fueled rally on Wall Street, while the euro stayed near two-month lows as soft...
Oil advances as markets eye MidEast worries, but weak demand outlook caps gains
Oil prices edged higher on Thursday amid lingering Middle East tensions and after U.S. crude stocks dropped more than expected, but gains were stemmed by...
Samsung Electronics’ delayed Galaxy Fold now ready for September launch
Samsung Electronics Co Ltd’s first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by...
Samsung Electronics to launch Galaxy Fold in September after screen problems
Samsung Electronics Co Ltd’s first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by...