business

Prosus has sold a 2% stake in Tencent, which raises questions about Chinese technology companies, whose stock prices have been pushed down by tighter regulatory supervision of the Chinese tech sphere, says Peter Garnry, Saxo […]

Nokia Corp. said Thursday that it has signed a deal with Dutch media provider United Group BV to deploy a fiber network and in-home mesh wi-fi systems across the eight different countries in southeast Europe […]

AstraZeneca PLC released more pivotal-trial data for its Covid-19 vaccine, saying the shot was 76% effective at preventing Covid-19 with symptoms in a fuller analysis of study results than the company had earlier provided. AstraZeneca […]

American Express Co. reported a large drop in profit from a year earlier as the credit-card company logged provisions of $1.6 billion to cover potential losses. That provision rose from $861 million a year earlier […]

U.K. telecommunication operators are engaged with the British government as they seek to recover part of the extra costs resulting from the government’s ban on 5G equipment made by China’s Huawei Technologies Co., Vodafone Group […]

Airbus SE has agreed with the Spanish and French governments to change some contracts to stop a long-running WTO dispute and end tariffs imposed by the U.S. “After 16 years of litigation at the World […]

International Consolidated Airlines Group S.A. said Friday that it has signed a multi-year renewal with American Express which will extend their commercial partnership. The airline group–which houses British Airways, Iberia, and Vueling among others–said that […]

Huntington Bancshares Inc.’s provision for credit losses fell in the second quarter from the first quarter, but its allowance for bad loans and leases as a percentage of its total topped 2%. Huntington’s net income […]

Copper prices are edging higher, supported by a weaker dollar and concerns surrounding supply. The metal is up 0.2% at $6,487.50 a metric ton. Miner BHP said its quarterly copper production fell 3% and guided […]

–Huawei Technologies Co. respects Telecom Italia SpA’s decision to exclude it from the tender for the supply of equipment for Italy and Brazil’s core 5G networks, President of Huawei Italy Luigi De Vecchis told Italian […]