Author: super@dmin

The Spanish bank BBVA ES:BBVA said Friday that it posted a forecast-beating net profit of 1.84 billion euros ($1.83 billion) from July to September.

The European plane maker FR:AIRsaid it still sees 2022 adjusted earnings before interest and taxes at 5.5 billion euros ($5.48 billion).

Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and Vijaya Gadde, Twitter’s head of legal policy, received a “golden parachute” clause in Twitter’s merger with Musk’s X Holdings.

The extended losses reflected downbeat market views that the South Korean chip maker could perform poorly in the near term.

The Bank of Japan on Friday raised its inflation forecast by 0.6 percentage point amid increases in energy prices and a weak yen, but it left its ultralow interest rates unchanged and said it expects inflation to fall below its 2% target next fiscal year.

Twitter Inc. is now owned by Elon Musk, with multiple media outlets reporting Thursday night that the long-anticipated sale had officially closed.

Amazon.com confirmed Thursday what rivals Microsoft and Alphabet suggested with their earnings reports earlier in the week: Cloud-computing growth has finally reached a plateau.

British Prime Minister Rishi Sunak will not attend a major United Nations climate conference next month, the government said Thursday.

Apple Inc. managed to top expectations on revenue and earnings with the help of Macs selling at a record pace during the back-to-school season, which outweighed a slight miss on iPhone sales.

The Supplant Company and its sweeteners aim to disrupt an overreliance on cane sugar by resusing fiber-rich plant remnants typically left to rot.