Tesco said Chairman Richard Broadbent would step down as it revealed the accounting practices that led to an overstatement of its profit had occurred in prior periods as well.
Nokia gave a more bullish full-year financial outlook after swinging back to profit in the third quarter partly because of a 13% rise in revenue as the Finnish company deployed high-speed mobile networks in North America and China.
Orange posted another drop in revenue and profit in its latest quarter as tough competition in some of the telecom group’s largest markets continued to weigh.
German auto maker Daimler reported a sharp increase in third-quarter earnings on strong demand for its flagship S-class sedans and robust growth in Europe, Asia and the U.S.
Hyundai Motor third-quarter net profit fell 28%, hurt by a stronger local currency, work stoppages and weak sales of its new flagship sedan.
French drinks maker Pernod Ricard said sales grew 1% in the first-quarter as the group continues to fight against a slump in demand in China.
Publicis Groupe cut its full-year sales outlook as the French advertising company is still feeling the pinch from the failed merger with Omnicom.
A suddenly expanded recall of air bags is turning into a new safety crisis for the auto industry and intensifying scrutiny of U.S. regulators’ ability to oversee auto makers and their suppliers.
Retailers including Amazon, Best Buy and Gap are boosting the amount online shoppers must spend to qualify for free shipping, hoping to cover the growing cost of providing the perk.
Nickel prices have sunk to their lowest level since March, extending a roller-coaster year for investors, amid a gloomy economic outlook and fallout from a trade-financing scandal in China.