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Delivery Hero Shares Slump After Report That Meituan Plans Saudi Launch

By Helena Smolak

Delivery Hero's shares slumped after Bloomberg reported that China's Meituan is set to debut in Saudi Arabia with its app KeeTa, a move analysts view as a competitive threat...

Germany , Hong-kong , Saudi-arabia , German , Helena-smolak , Bloomberg , Delivery-hero , Middle-east , North-african , London-listed-deliveroo , Dow-jones ,

BASF Backs 2024 Guidance Despite Lower Sales

By Helena Smolak

BASF backed its 2024 outlook despite lower sales due to reduced prices given lower raw materials and energy prices across almost all segments.

The German chemicals giant...

Germany , German , Helena-smolak , Dow-jones , Markets ,

Sanofi Sales, Profit Beat Expectations

By Helena Smolak

Sanofi backed its full-year guidance after first-quarter sales and profit beat analysts expectations.

The French pharmaceutical company said Thursday that its business...

France , French , Helena-smolak , Dow-jones , Markets ,

AstraZeneca Earnings, Sales Rise, Beat Forecasts

By Helena Smolak

AstraZeneca posted increased first-quarter core earnings per share and sales that beat forecasts.

The Anglo-Swedish pharmaceutical giant said Thursday that its core...

Sweden , Swedish , Helena-smolak , Astrazeneca , Alliance-revenue , Dow-jones , Markets ,

AstraZeneca Earnings, Sales Rise, Beating Forecasts -- Update

By Helena Smolak

AstraZeneca posted increased first-quarter core earnings per share and sales that beat forecasts.

The Anglo-Swedish pharmaceutical giant said Thursday that its core...

Sweden , Swedish , Helena-smolak , Astrazeneca , Dow-jones , Markets ,

Roche Sales Decline on Currency Hit

By Helena Smolak

Roche first-quarter sales declined amid weak demand for Covid-19 products and currency headwinds but slightly beat analysts expectations.

The Swiss pharmaceutical giant...

Switzerland , Swiss , Helena-smolak , Visible-alpha , Dow-jones , Markets ,

Amazon Fined $10.7 Million by Italian Competition Watchdog for Unfair Trade Practice

By Helena Smolak

Italy's competition watchdog fined Amazon $10.7 million for what it called unfair business practices related to a purchase option on the tech giant's Italian webpage.

The...

Italy , Italian , Helena-smolak , Italian-antitrust-authority , Dow-jones , Markets ,

Amazon Fined $10.7 Million by Italy Regulator for Alleged Unfair Trade Practice -- Update

By Helena Smolak

Italy's competition watchdog fined Amazon $10.7 million for what it called unfair business practices related to a purchase option on the tech giant's Italian webpage.

The...

Italy , Italian , Helena-smolak , Italian-antitrust-authority , Dow-jones , Markets ,

Novartis Raises Guidance on Profit, Sales Growth

By Helena Smolak

Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.

The Swiss...

Switzerland , Swiss , Helena-smolak , Novartis , Visible-alpha , Dow-jones , Markets ,

Enel Defends Its Business Practices After Italian Watchdog Opens Probe

By Helena Smolak

Enel said it adhered to contractual conditions after Italy's competition watchdog opened an investigation into alleged unfair business practices related to the communication...

Italy , Italian , Helena-smolak , Enel-energia , Dow-jones , Markets ,