Domino's Pizza Inc reported a smaller-than-expected profit on Thursday as high pandemic-related costs and staff bonuses offset a jump in demand for pizzas during the coronavirus crisis, sending the company's shares down about 8%.
Demand for cigarettes has picked up in the COVID-19 pandemic, helped by a rise in home working that has given smokers more opportunities to light up, Imperial Brands said on Thursday.
Samsung Electronics Co Ltd said its third-quarter profit likely jumped 58% to the highest in two years, beating analysts' estimates as U.S. restrictions on China's Huawei boosted the South Korean tech giant's phone and chip sales.
Sensor maker AMS on Thursday unexpectedly reported a 13% drop in third-quarter group sales and announced new measures to secure long-term financing after the takeover of Germany's Osram.
Flavour and fragrance maker Givaudan said like-for-like sales growth accelerated to 3.1% in the third quarter as demand for items like toothpaste and soap held up and sales of perfume improved slowly.
Suedzucker, Europe's largest sugar refiner, on Thursday posted a 142% surge in second-quarter earnings and reaffirmed its estimate of a stronger annual profit with its sugar and biofuels sectors performing well.
Tata Consultancy Services said on Wednesday it would buy back shares worth up to 160 billion rupees ($2.18 billion), and reported a fall in quarterly profit as it set aside 12.18 billion rupees to cover legal fees related to a U.S. lawsuit.
Samsung Electronics Co Ltd's September-quarter profit likely surged more than a third, fuelled by strong smartphone sales and a rush order of memory chips from Huawei Technologies Co Ltd [HWT.UL], analysts said.
Levi Strauss & Co announced plans to expand its retail footprint and forecast a smaller-than-expected decline in current-quarter revenue after surging online sales helped the denim maker post a surprise profit.
The new boss of Tesco, Britain's biggest retailer by sales, backed the strategy of his predecessor on Wednesday, despite a drop in first-half core profit as COVID-19 costs and losses at Tesco bank outweighed a surge in sales.
Twitter announced it will remove tweets calling for people to interfere with the U.S. election process or implementation of election results, including through violence, as the company also announced more labels and restrictions to slow the spread of misinformation. Conway G. Gittens has the changes.
The Reserve Bank of India has appealed to the country's top court to let banks classify loans as nonperforming, saying a ban imposed to help borrowers in the COVID-19 pandemic could greatly harm the nation's financial system.