After oil and gas, Denmark's Dong ditches coal

Danish green energy giant Dong said Thursday it was pulling out of coal use, burning another bridge to its fossil fuel past after ditching oil and gas.

Mercedes-Benz luxury cars fuel fat profits at Daimler

German automaker Daimler AG said Thursday that its fourth-quarter net profit jumped 18 percent—but offered only a modest outlook for future earnings as it prepares to spend heavily on new models and advanced technologies ...

Philips profits more than double in 2016 (Update)

Dutch electronics giant Philips said Tuesday its bottom-line profit more than doubled in 2016, buoyed by gains from the flotation of its lighting business and the strong performance of its health technology division.

ASML etches 'remarkable' 2016 profit

ASML, the Dutch maker of machines used to etch computer processors and make memory chips, announced Wednesday a record 6.1 percent jump in full-year net profit.

Thomson Reuters cuts jobs as profits slip

Thomson Reuters announced a new "streamlining" plan on Tuesday to cut an estimated 2,000 jobs at the financial information group as it reported flat revenues and a drop in profits.

Pokemon Go boost limited as Nintendo cuts profit forecast

"Pokemon Go" is giving only a modest boost to Japanese video game maker Nintendo, which has slashed its operating profit and sales forecasts for this fiscal year citing lagging demand for game consoles like the Wii U.

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