Oct 30 (Reuters) – German sportswear maker Puma narrowed the guidance for its 2026 operating loss on Friday, with the midpoint of the range weakening slightly amid muted consumer demand. The company now expects an operating loss of €80 million to €130 million ($89 million to…
By Rachel More, Giulio Piovaccari and Nick Carey BERLIN, Oct 30 (Reuters) – Shares in Europe’s traditional automakers got a boost from earnings this week, but a full recovery remains elusive as shifting markets and waning competitiveness cloud the sector’s long-term prospects.
(Corrects Toyota CTO’s name to Hiroki Nakajima, not Hiroaki Nakajima, in the third bullet) TOKYO, Oct 30 (Reuters) – Toyota Motor and Alphabet’s Waymo will begin testing autonomous electric vehicles in Japan in 2027, the companies said on Friday, with deployment in Britain…
Oct 30 (Reuters) – French IT consulting firm Capgemini raised its 2026 guidance for the second time this year after its third-quarter revenue grew 12%, in the strongest signal yet that the rush to deploy AI is turning into contracts for Europe’s established consultancies.
LONDON, Oct 30 (Reuters) – BP posted third-quarter underlying replacement cost profit, its version of net income, of $8.46 billion on Friday, compared with expectations of $7.33 billion in a company-provided poll of analysts and $2.2 billion a year ago. The British major’s operating cash…
They’ve pledged most of their equity to philanthropy. That could transform the funding landscape for the AI doomer movement—and its political ambitions. Anthropic’s upcoming IPO is going to make its founders very, very rich. And unfortunately for freedom-loving Americans,…
LONDON, Oct 30 (Reuters) – French drugmaker Sanofi said on Friday it expects sales to grow by a “low-teens percentage” this year, up from a previous forecast of 10% sales growth, banking on strong demand for its blockbuster asthma drug Dupixent. Sanofi also…
(Corrects paragraph 11 to say three-month period ended September 27, not September 30; drop repeated word from paragraph 1) Oct 30 (Reuters) – Australia’s Coles said on Friday that heightened promotional activity by competitors hurt early second-quarter sales, as cost-conscious shoppers sought bargains, sending its shares…
Google shares fell 12 percent in morning trading after the company reported its first combined revenue and profit miss in nearly four years, driven in part by a sharp swing into negative free cash flow. The drop, which is the largest…
With one of Africa’s most developed financial systems and highest rates of account ownership, South Africa offers an important case study in how established financial infrastructure can support broader economic opportunity. The Next 3 Billion On Tour | Watch Live at 3:00 p.
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