The South Korean electronics giant posted a steep drop in second-quarter profits as it remains vulnerable to cheaper Chinese models of smartphones and TVs.
Nintendo swung to a first-quarter profit but didn’t provide an update on who will succeed Satoru Iwata, who died of cancer earlier this month, as president.
Volkswagen, Europe’s largest car maker by sales, said after-tax earnings slipped in the second quarter because of weakness in China and restructuring charges in its trucks business.
Wanted in China: a reassuring face to tell panicking investors that everything will be all right.
German pharmaceutical group Bayer reported a 21% rise in net profit for the second quarter of 2015, boosted by favorable currency effects and earnings growth in all three business areas.
French oil major Total said aggressive cost-cutting and an increase in oil output helped offset the fallout from the collapse in the price of oil on its bottom line.
Barclays reported a rise in profit but scrapped its dividend target to retain capital as part of a fresh effort by Executive Chairman John McFarlane to reshape the beleaguered British bank.
China is trying to rewrite the rules of the global Internet, aiming to control online discourse and reduce U.S. influence.
Belgium-based chemicals company Solvay said it is buying U.S. counterpart Cytec Industries for $5.5 billion to boost its product offering.
A weaker yuan may make economic sense, but Beijing can hardly afford a bout of currency weakness on top of everything else.