Stay updated with breaking news from Olivia Bugault. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By Olivia Bugault Airbus SE said Saturday that its Airbus Helicopters unit signed a second purchase agreement with Saudi Arabia's Helicopter Co. for 26 aircraft. The European plane maker... | December 6, 2021
Provided by Dow Jones By Olivia Bugault BNP Paribas SA said Friday that second-quarter net profit and revenue rose as it booked lower provisions to cover credit losses, while it will distribute another dividend. France's largest listed bank by assets posted net profit for the period of 2.91 billion euros ($3.45 billion), up from EUR2.30 billion a year earlier and beating expectations of EUR2.46 billion, according to a consensus provided by FactSet. Revenue edged up 0.9% to EUR11.78 billion, it said. Its investment-bank division posted lower revenue, with global...
By Olivia Bugault Novartis AG said late Friday that Phase 3 of its Merlin trial that assesses the efficacy and safety of Beovu has met its primary endpoint, but that it will terminate the... | May 31, 2021
By Olivia Bugault Allianz SE said Wednesday that revenue edged down in its first quarter while profit jumped helped by a strong growth at its property and casualty and its life-health businesses. The German insurer reported net profit of 2.57 billion euros ($3.12 billion), up from EUR1.40 billion during the first quarter of 2020, and operating profit grew 45% to EUR3.34 billion, it said. "In our property-casualty business segment, operating profit grew strongly due to a higher underwriting result driven by a normalization of claims from natural catastrophes and lower attritional...
Provided by Dow Jones By Olivia Bugault Merck KGaA said late Tuesday that it has raised its outlook for 2021 after a "very strong" first quarter and high demand for its products that should continue this year. The German pharmaceuticals-and-chemicals company said it now expects sales to come in roughly between 18.5 billion euros and 19.5 billion euros ($22.22 billion-$23.43 billion). That compares with a previous guidance of strong organic growth. Merck KGaA's 2021 adjusted earnings before interest, taxes, depreciation, and amortization should stand roughly betwe...