Nissan cuts forecast in first earnings since Ghosn arrest

Crisis-hit Japanese automaker Nissan slashed its full-year forecast Tuesday as nine-month net profit dropped 45 percent in the first earnings report since the stunning arrest of former chairman Carlos Ghosn.

Thyssenkrupp presses on with split as profits rise

German industrial conglomerate Thyssenkrupp on Tuesday confirmed its earnings forecasts for the full year after increasing profits in its first quarter, while announcing a January 2020 vote on its split into two separate ...

Weak 2018 sees Daimler boss Zetsche leave on sour note

Daimler on Wednesday reported its worst year since 2015 as trade tensions and costly investments drove a slump in profits, months before chief executive Dieter Zetsche relinquishes the wheel at the Mercedes-Benz maker.

Diesel fallout and trade headwinds sap Daimler in 2018

German car giant and Mercedes-Benz parent Daimler reported Wednesday that costly investments, fallout from the industry's diesel scandal and trade headwinds compressed its bottom line in 2018.

Nokia Q4 profit up as operators switching to 5G networks

Nokia has reported increased fourth-quarter earnings on the back of grown orders from telecom operators of new-generation mobile networks that are expected to be rolled out commercially this year.

Facebook sees higher profits, more friends

Facebook said Wednesday that quarterly profit climbed to an all-time record $6.9 billion as it boosted its global user base despite scandals that have dented the leading social network's image.

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