Category: Business
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Resolute Mining Says CEO, Employees Released From Detention in Mali
The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold prices hover near record highs.
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JD Sports Expects Profit at Lower End of Guidance
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets.
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Novartis Lifts Sales Outlook on Key Drugs, Pipeline Portfolio
The pharma company raised its guidance on revenue growth from its key treatments and expected drug launches, and now anticipates annual currency-adjusted sales to grow by 6% through 2028.
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Julius Baer Assets Rise as Inflows Accelerate
The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point.
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Zurich Insurance Targets Higher Earnings Growth
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market.
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Boohoo Changes Chairman as Frasers Calls For Removal
Boohoo said Mahmud Kamani would move aside as chairman on the same day that Frasers called for his removal, the latest twist in a spat between the online fashion company and its majority shareholder.
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How Students Can AI-Proof Their Careers
Artificial intelligence is going to eliminate a lot of jobs in the future. It’s possible to reduce the risk that it will be yours.
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Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.
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Boeing CEO to Employees: We Can’t Afford Another Mistake
The jet maker will overhaul employee incentive plan and delay R&D spending.
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Williams-Sonoma Beats Views With Third-Quarter Results, Boosts Outlook
Shares surged following the earnings announcement. The company’s market value has nearly doubled over the past 52 weeks.