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…
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…
Tech Stocks Lead LossesPhilips will cut 13% of jobs to increase its profitabilitySTOXX 600 down 0.6%Jan 30 (Reuters) - European stocks fell on Monday as cautious investors anticipated a series…
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…
As we head into the end of January, it's understandable that your enthusiasm for all aspects of your life will wane. Payday was so far in the past that it…
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…
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) - Microsoft Corp's (MSFT.O) lackluster quarterly outlook portends further gloom for the tech sector, analysts said, after the tech leader warned customers that they were cautious about…