Whitehaven Coal Signs $1.08 Billion Mine Stake Sale as Profit Slides

Anglo American to offload Australian coal mining stake for $1.1bn

London-listed group sells holding as it pushes ahead with radical plans to streamline business

Business - Financial Times - 4 days ago

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

AP PHOTOS: Likely in its last decade, a Czech coal mine provides fuel for electricity and heat

Deep underground in northeastern Czech Republic, workers in the region's last-functioning coal mine drill, load and haul the fuel up to the surface. The CSM mine is part of the Upper Silesian Coal ...

World - ABC News - October 14

Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings

“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.

Business - The New York Times - October 23

Boohoo considers break-up as sales slide

The online fashion firm is mulling whether to offload its brands as sales remain under pressure.

Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory

World - Financial Times - October 31

Starbucks shares slide after coffee chain says sales fell again, suspends outlook

The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.

Business - CNBC - October 23

Starbucks boss shakes up menu to win back customers

The coffee shop chain has also promised to look at pricing and staffing to prevent bottlenecks

Philips shares slide as company blames China for lowered sales outlook

Shares of Philips slumped on Monday as the Dutch healthcare devices company lowered its sales outlook for the year.

Business - MarketWatch - October 28

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

Intel seeks billions for minority stake in Altera business, sources say

This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.

Business - CNBC - October 18

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Business - The Wall Street Journal - 3 days ago

France takes stake in Sanofi unit as part of €16bn sale to CD&R

Deal for consumer health arm faced political furore over ceding controlling stake to US private equity group

Business - Financial Times - October 21

Brazil reaches a $23 billion settlement with mining firms over a 2015 environmental disaster

Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s ...

World - ABC News - October 25

Brazil reaches $23 billion settlement with mining firms over 2015 environmental disaster

World - Yahoo News - October 25

Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials

Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...

Business - MarketWatch - 3 days ago

IMF chief warns of ‘unforgiving’ debt backdrop and low growth

Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challenge

Business - Financial Times - October 17

Iran foreign minister visits Egypt as leaders try to contain regional war

Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on Gaza

Business - Financial Times - October 17

Retail Sales Surpass Expectations, Sign of Solid US Economy

A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.

Business - The New York Times - October 17

Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit

Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.

Business - CNBC - October 30

Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns

Billionaire Trump backer has targeted swing states with contest ahead of presidential election

Business - Financial Times - October 24

Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat

Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.

Business - MarketWatch - October 24

American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss

American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.

Business - CNBC - October 24

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

Vice-president seeks to energise women voters as White House race against Donald Trump tightens

Business - Financial Times - October 26

Nasdaq hits record high as tech stocks rebound from summer sell-off

Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet

Business - Financial Times - October 25

McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms

Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.

Business - CNBC - October 29

Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss

Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.

Business - MarketWatch - October 30

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Business - CNBC - 3 days ago

Nintendo cuts profit guidance on reduced Switch sales forecast

Nintendo on Tuesday trimmed its sales and profit guidance for the March-ending fiscal year, citing reduced demand for the Nintendo Switch.