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Oil and gas giant Shell on Thursday reported much better-than-expected first-quarter earnings on the back of higher margins from crude and oil products trading and also unveiled a new $3.5bn share buyback.
US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.
Social media platform Reddit confirmed its intention to launch an initial public offering (IPO) on Monday, announcing an estimated valuation of up to $5.5bn.
Vodafone has signed a 10-year strategic partnership with American software giant Microsoft which will see the UK-listed telecoms group invest $1.5bn over the next decade.
Energy giant Shell flagged fourth-quarter impairments of up to $4.5bn on Monday, primarily in its chemicals and products division.