Business - Page 169

Covestro, the renowned plastics and chemicals manufacturer based in Germany, has made a surprising announcement regarding its share buyback program. The company, currently engaged in discussions with the Abu Dhabi National Oil

3M Co (MMM.N) has bolstered its full-year adjusted profit outlook and posted robust quarterly earnings, as the diverse manufacturing giant adeptly navigated sluggish demand through strategic price hikes and cost-cutting measures. Consequently,

UniCredit, the Italian banking giant, has outperformed profit expectations for the third quarter, although it remains cautious amid uncertainties in the financial landscape. Despite the boost from rising interest rates that has

Dow Inc (DOW.N) provided a cautious outlook for its net sales in the current quarter, falling short of analyst expectations due to persistent challenges in key markets characterized by weak demand and

Exxon Mobil (XOM.N) and Chevron (CVX.N) are leveraging their substantial cash reserves to secure transformative acquisitions, using an all-stock payment approach. This strategy enables the two largest U.S. energy companies to navigate

Coca-Cola Co (KO.N) has once again increased its annual sales and profit projections, reflecting robust consumer demand for its beverages, including sodas, juices, and energy drinks, coupled with higher pricing. The company’s

Chevron (CVX.N) has recently announced its acquisition of U.S. rival Hess (HES.N) in a stock deal worth $53 billion, underlining the strong appetite among top U.S. energy companies for oil and gas

Samsung SDI, the South Korean battery manufacturer, has announced a groundbreaking partnership with Hyundai Motor, marking their maiden foray into electric vehicle (EV) battery supply. The collaboration is set to span seven

Treasury Wine Estates (TWE.AX) of Australia announced on Monday its optimistic outlook for rebuilding its presence in China, which led to a remarkable over 5% surge in its share prices. This positive