Merck Lifts Annual Forecasts After Sales, Profit Beat Estimates
By Michael Erman (Reuters) -Merck & Co on Thursday posted better-than-expected sales and profit in the third quarter on a…
October 27, 2022
Credit Suisse Seeks Billions From Investors In Make-or-break Overhaul
By Noele Illien, Oliver Hirt and John O’Donnell ZURICH (Reuters) – Credit Suisse plans to raise 4 billion Swiss francs…
Shell 3Q earnings double, stir debate on energy profit tax
LONDON (AP) — Shell’s earnings more than doubled in the third quarter, fueling the debate over taxes on energy producers’…
Europe sees fastest pace of rate hikes since euro launched
FRANKFURT, Germany (AP) — The European Central Bank piled on another outsized interest rate hike aimed at squelching out-of-control inflation,…
Twitter Shares To Be Suspended On NYSE As Musk Nears Takeover
(Reuters) – Twitter Inc shares will be suspended from trading on Friday, the New York Stock Exchange’s website showed, as…
Factbox-Credit Suisse’s Strategic Overhaul At A Glance
ZURICH (Reuters) – Battered by years of scandals and losses, Credit Suisse plans to raise capital, cut thousands of jobs…
Capgemini ‘comfortable’ With Top End Of 2022 Targets But Sees Demand Slowing
By Dagmarah Mackos (Reuters) -French IT consulting firm Capgemini said it expects results at the top end of guidance this…
Credit Suisse unveils ‘radical’ strategy as 3Q loss hits $4B
GENEVA (AP) — Swiss bank Credit Suisse unveiled Thursday a “radical strategy” aimed to overcome a string of recent troubles…
Volvo Cars’ Quarterly Operating Profit Falls As Higher Costs Bite
(Reuters) -Swedish automaker Volvo Cars expects lower wholesales volumes this year, it said on Thursday as it reported a drop…
Samsung officially names third-generation heir Lee chairman
SEOUL, South Korea (AP) — Samsung Electronics has officially appointed third-generation heir Lee Jae-yong as executive chairman, two months after…