Net profit Q4 share of 1.8 billion euros compared to forecast of 951 millionThe period concludes the restructuring programQ4 investment banking revenue disappointsStocks drop as much as 5% before recouping…
SAN FRANCISCO, Feb 1 (Reuters) - Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with…
Philips will cut another 6,000 jobsIncreases number of layoffs since October to 13% of current workforceShares up 5.5% as fourth quarter results beat expectationsAMSTERDAM, Jan 30 (Reuters) - Dutch health-tech…
LONDON, Jan 30 (Reuters) - Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1, a move hailed by board member…
LONDON, Jan 27 (Reuters) - Shares of Rolls-Royce (RR.L) fell 4% on Friday after its new CEO warned staff that the aerospace company, Britain's premier blue-chip engineering group, was a…
TOKYO, Jan 27 (Reuters) - Toyota Motor Corp (7203.T) chief Akio Toyoda is expected to remain a dominant force at the world's biggest automaker for years to come and will…
TOKYO, Jan 26 (Reuters) - Toyota's chief executive will step down as head of the company founded by his grandfather, the automaker said on Thursday, handing over to the leader…
Russia and the United States on high-level visits to the regionThe region has historical ties to Russia but greater Western tradeWar in Ukraine intensifies geopolitical rivalry over AfricaJOHANNESBURG, Jan 26…
Jan 24 (Reuters) - Microsoft Corp (MSFT.O) released results on Tuesday that showed some strength in the face of a weak economy, underpinned by cloud activity that met Wall Street…
Jan 25 (Reuters) - IBM Corp (IBM.N) on Wednesday announced 3,900 layoffs as part of some asset disposals and missed its annual cash target, dampening fourth-quarter revenue expectations .Chief Financial…