Thyssenkrupp posted a 77% drop in adjusted operating profit in the first quarter, blaming a weak automotive market while its steel division, part of the group's core following a planned divestment of its elevator business, swung to a loss.
Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year.
Britain's financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said on Thursday.
Thyssenkrupp's steel division swung to a loss in the first quarter, raising doubts over Europe's second-biggest steelmaker, the conglomerate's core following its planned sale of its elevator business.
Dutch paints and coatings maker Akzo Nobel aims to outpace its competitors' revenue growth in the coming years while lifting profitability, it said on Thursday.
Japanese beer and beverage maker Asahi Group Holdings said a South Korean consumer boycott of Japanese goods cost it around 3 billion yen ($27.32 million) last year.
Credit Suisse supervisory board member Alexander Gut will not stand for re-election at the group's annual general meeting on April 30, the bank said alongside its annual results on Thursday.
Food giant Nestle expects growth to accelerate over the next two years toward its mid-single digit organic growth target, initially set for 2020, after it hit a four-year high at 3.5% and profitability improved in 2019.
Nestle Chief Executive Mark Schneider has made great strides in positioning the world's largest food company for the future with his aggressive deal-making since taking over in January 2017.
The specter of the 1990s BSE crisis means the European Union is likely to reject U.S. demands it ease strict food safety rules, even with President Donald Trump threatening car tariffs if EU countries do not start importing more U.S. farm products.
Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year.
Last October, nearly four dozen banks in Hong Kong confronted a nightmare "stress test" scenario: a pandemic that swept through the city, followed by a major cyberattack and a telecoms breakdown.
Turkish airline Atlasglobal has decided to suspend all its operations and told its personnel not to come to work on Thursday, the aviation sector news website AirportHaber and other media reported.
A sale of Thyssenkrupp's elevator division is currently in focus, the group's finance chief said on Thursday, adding an ongoing auction was "very competitive".
Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years and improved profitability.