finance
Finance
AMD falls as dour forecast shows tough competition in AI trade
Finance
Carlsberg's shares rise on profit beat, possible Indian IPO
Finance
GSK eyes sharper, faster drug development as new CEO signals growth plan
Finance
Nvidia's Huang dismisses fears AI will replace software tools as stock selloff deepens
TomTom says ramp-down of old contracts will weigh on 2026 sales, shares tumble
Date: February 4, 2026
Feb 4 (Reuters) - Dutch location technology company TomTom expects its revenue to be steady or lower in 2026, affected by the transition of some customers. The Amsterdam-based group forecast revenue...
Wegovy-maker Novo Nordisk warns 'unprecedented' price pressure to hit sales
Date: February 4, 2026
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN, Feb 4 (Reuters) - Danish obesity drug giant Novo Nordisk is set to be punished by investors on Wednesday after it gave a far bleaker-than-...
Infineon boosts investment target by 500 million euros to meet data centre demand
Date: February 4, 2026
BERLIN, Feb 4 (Reuters) - Germany's Infineon, whose chips are used to power AI data centres, expects revenue from that business to leap nearly two-thirds to 2.5 billion euros ($2.96 billion) in its...
Novartis flags 2026 profit drop as patents for key drugs expire
Date: February 4, 2026
FRANKFURT, Feb 4 (Reuters) - Swiss drugmaker Novartis forecast a decline in 2026 operating profit in the low single-digit percentage range on Wednesday, held back by competition from cheaper copies of...
Russian services sector sees strongest growth in a year, VAT hike fuels inflation
Date: February 4, 2026
MOSCOW, Feb 4 (Reuters) - Russia's services sector expanded at its fastest pace in a year in January, buoyed by stronger demand and a rise in new orders, an S&P Global survey showed on Wednesday. The...
UBS wealth outflows in US take shine off profit jump
Date: February 4, 2026
By Ariane Luthi ZURICH, Feb 4 (Reuters) - Swiss bank UBS posted on Wednesday a net profit of $1.2 billion for the fourth quarter, up 56% year-on-year and ahead of a company-provided consensus forecast...