French oil company Total said Thursday underlying profits gushed higher in the second quarter thanks to a recovery in the price of oil, with the company also benefitting from increased output.
Major Asian markets gained Thursday but the dollar struggled after the previous day’s losses when the Federal Reserve’s tepid inflation outlook fuelled speculation it will hold off further US rate hikes this year.
The world’s largest carmaker Volkswagen lifted slightly its forecast for the full year Thursday, hailing strong performance even as it faces a brewing scandal at home in Germany.
The mood among consumers in Germany should continue to brighten in August, pollsters GfK said Thursday, maintaining an important pillar of growth in Europe’s largest economy.
Facebook on Wednesday reported that its quarterly profit leapt 71 percent from a year ago to $3.9 billion as it dished out money-making ads to its more than two billion users.
Britain said Wednesday it will outlaw the sale of new diesel and petrol cars and vans from 2040 in a bid to cut air pollution but environmental groups said the proposals did not go far enough.
Coca-Cola saw profits drop sharply due to sales of bottling facilities as it moved to expand offerings of low-sugar and non-carbonated beverages amid flagging demand for sweet sodas, the company said Wednesday.
Britain’s economy grew by 0.3 percent between April and June, a slight increase compared with the first quarter of the year, the Office for National Statistics said on Wednesday.
Nintendo said Wednesday it swung back to profit in the three months to June as the Switch console made more inroads into the global game market.
French automaker Peugeot Citroen (PSA) said Wednesday it made a record net profit of 1.26 billion euros ($1.46 billion) in the first half of the year, boosting its operating margin to record levels despite increases in supply costs.
A Volkswagen executive charged with fraud and conspiracy for his part in covering up the “dieselgate” emissions-cheating scandal has agreed to plead guilty, US officials said Tuesday.