TotalEnergies posts 21% drop in annual profit, targets buybacks of $2 billion per quarter in 2025

• Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

  Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market shift toward electric vehicles.
  
  CNBC - 4h

• UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress

  UBS revealed plans for up to $3 billion of share repurchases over the course of 2025.
  
  CNBC - 1d

• Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

  Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.
  
  CNBC - 4d
• 

  John Lewis Partnership warns staff on annual profit target

  Mutual group that owns Waitrose and department store blames subdued pre-Christmas consumer confidence
  
  Financial Times - 4d

• Samsung flags chip slowdown as profit drops sharply from previous quarter

  While fourth-quarter revenue and operating profit fell quarter on quarter, annual revenue reached the second-highest on record, Samsung said.
  
  CNBC - 5d
• 

  Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit

  The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
  
  The New York Times - 6d

• Meta’s Reality Labs posts $5 billion loss in fourth quarter

  Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
  
  CNBC - 6d

• World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally

  Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.
  
  CNBC - 6d

More from CNBC

• Apple shares fall 3% in premarket after China reportedly considers probe into App Store practices

  China's market regulator is considering whether to open a formal probe into the iPhone giant's App Store fees and policies, Bloomberg reported.
  
  CNBC - 51m

• Novo Nordisk shares rise on fourth-quarter profit beat, Wegovy sales jump

  Danish pharmaceutical behemoth Novo Nordisk reported better-than-expected net profit in the fourth quarter, amid soaring demand for its Wegovy obesity drugs.
  
  CNBC - 51m

• USPS temporarily suspends some inbound packages from China, Hong Kong

  The change comes after President Donald Trump announced new tariffs that also target a popular trade loophole, called "de minimis."
  
  CNBC - 6h

• Nissan and Honda shares rise as report says automakers may call off merger talks

  Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources.
  
  CNBC - 8h

• Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico

  In recent years, Chipotle has taken steps to buy more of its avocados outside of Mexico, CEO Scott Boatwright said.
  
  CNBC - 11h

More in Business

• ‘How do I shield my retirement savings?’ I’m worried about Trump’s trade war and Fed’s willingness to cut interest rates

  “I’ve been in the nonprofit world my entire career, so my 403(b) is less than $500,000.”
  
  MarketWatch - 16m

• ‘I’ve been named sole heir’: My father, 92, is a Korean War veteran and stays out until dawn playing poker. What can I do?

  “The family is mortgaged, likely for more than it is currently worth, to cover Dad’s back taxes and credit-card and gambling debts.”
  
  MarketWatch - 24m

• Trump, tariffs and your 401(k) — why it’s time to diversify

  Putting all your eggs in one basket is an especially bad idea now.
  
  MarketWatch - 30m

• ‘He has a son and 2 grandkids’: My dear friend, 62, was given 6 months to live. Will his second wife get everything?

  “Without his disability checks, his second wife might end up having to sell the house.”
  
  MarketWatch - 31m

• Investors shake off trade-war fears, but wonder how long the calm will last

  A measure of calm returned to financial markets on Tuesday, even as tensions continued to linger between the Trump administration and China
  
  MarketWatch - 38m