easyJet reported an increase in headline profit for the third quarter with peak summer demand continuing to rise.
Remy Cointreau said its first-quarter sales fell 16%, with the Americas still pressured by customers’ inventory reductions, but it expects a gradual recovery over the course of the year.
German consumers offered a brighter picture of their incomes this year, as inflation ticks down and after the European soccer tournament in the country offered a boost, according to the latest GfK survey.
KPN reaffirmed its 2024 guidance and said it remained on track to deliver its midterm targets, after the Dutch telecom posted better-than-forecast results in the second quarter.
Orange maintained its full-year financial targets after delivering an above-forecast rise in second-quarter underlying earnings, driven by a strong performance in Africa and the Middle East.
UniCredit raised its revenue guidance for the year and said it would pay out around €1.4 billion in interim dividends, after the Italian bank posted above-forecast profits in the second quarter.
Vodacom posted a 10% rise in its key service revenue for the first quarter, above its midterm target.
Deutsche Bank increased its forecast for full-year credit losses, warning that it expected continued pressure from exposure to commercial real estate, at a time a boost from high interest rates begins to unwind.
Deutsche Bank reported a second-quarter net loss after taking a hit from legal provisions related to its takeover of Postbank.
Spanish bank Santander raised its revenue guidance for the year after profits rose in the second quarter, .outpacing consensus forecasts.
BNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth. in its institutional banking and capital markets units.
Vice President Kamala Harris puts a focus on workers and the middle class as she launches her White House bid.
The Israeli prime minister’s speech to Congress risks antagonizing both Democrats and Republicans amid the U.S. election season.
Tesla’s net profit tumbled 45% in the second quarter as the global electric-vehicle leader continues to feel the impact of slower demand and stiffer competition.
General Motors said it would delay its plans for a new Buick electric vehicle and push back the opening of an EV truck factory.
Federal transportation officials have launched an investigation into Delta as the carrier struggled to rebound from an operations meltdown that led to thousands of canceled flights and stranded passengers.
Google’s ad sales growth slowed in the second quarter, putting a damper on parent Alphabet’s primary revenue engine as it pours more money into AI investments.
Robert Bosch agreed to buy HVAC operations from Johnson Controls and Hitachi for $8.1 billion in its largest-ever deal.
Stocks fell slightly with the S&P 500 losing 0.2% while both the Dow and Nasdaq declined 0.1%.
Warren Buffett’s Berkshire Hathaway pared its stake in BYD to less than 5%.
Vice President Harris, in her campaign trail debut as a presidential candidate, mocked former President Trump as “focused on the past” and compared his legal issues with her experience as a prosecutor.
Secret Service Director Kimberly Cheatle resigned amid bipartisan outrage over her agency’s failure to stop a 20-year-old gunman from opening fire on Trump during a campaign rally.
The FTC is seeking information about how AI and other technological tools may allow companies to vary prices using data they collect about individual consumers’ finances and shopping habits.
Sen. Bob Menendez (D., N.J.) said he would resign from Congress after his conviction last week on corruption charges.
Some U.S. businessmen have engaged in back-channel investment talks with Venezuela’s Maduro over the past year and lobbied the Biden administration to lift economic sanctions.
