Today, Honda Motor Co. stated that its Q2 operating profit increased by 16%, falling short of analysts' projections. Higher pricing and a weaker yen aided growth; however a lack of semiconductors had an impact on output. In contrast to the average projection of 243.3 billion yen made by the ten...

According to its interim financial statement, Germany's Henkel AG, one of the top producers of industrial and home chemicals, recorded a 12.5% growth in revenues to €16.889 billion in the first three quarters of the year. The company also announced organic revenue growth of 9.7% in the first three...

According to data gathered by Reuters, the French energy giant TotalEnergies has surpassed rivals Shell and BP in the race to establish a renewables business.   Even so, investors are still being cautious for the time being, as evidenced by the fact that shares of the three European...

Berkshire Hathaway, owned by billionaire Warren Buffett, revealed losses of $2.69 billion, which they attributed to issues with their supply chain and other uncontrollable circumstances including the COVID-19 epidemic and the Ukraine war. According to Reuters' report on the financial statements for...

As advertisers withdrew their support due to worries about content moderation, Twitter Inc. cut half of its workforce on Friday, but claimed that the team in charge of halting the spread of misinformation suffered fewer cuts.   The social media company's employees claimed in tweets that some...

Elon Musk pledged to protect Twitter from becoming a "free-for-all hellscape" to advertisers. Advertisers have started asking for information on how he intends to uphold the commitment this week.   One significant advertising agency's media buyer, who asked to remain anonymous for fear of...

According to the business's financial documents, the net profit of the Danish corporation A.P. Moller-Maersk A/S (Maersk) for the first three quarters of the year totaled 24.34 billion dollars, which was twice as much as a year earlier. The company's sales over the same period also increased by...

The automaker Stellantis announced that it would dissolve its joint venture with the Guangzhou Automobile Group (GAC) of China, which produced Jeep for the domestic market. The joint company between the two automakers will soon declare bankruptcy. The joint venture's obligations, according to GAC,...

In the first three quarters of this year, the eight major publicly traded airlines in China experienced a net loss of 106 billion yuan ($14.6 billion), Yicai Global reports. According to the bureau, the country-wide lockdowns enforced as a result of the spread of COVID-19 and high fuel prices are...