Finance
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GSK cancer, HIV drug sales lift 2025 outlook in boost for shares
Headlines
Adidas shares slump as CEO flags heavy discounting in 'nervous' US market
Finance
US startup Substrate announces chipmaking tool that it says will rival ASML
Finance
Bond write-down concerns take shine off UBS profit beat
Mercedes beats auto margin estimates thanks to premium sales
Date: October 29, 2025
BERLIN (Reuters) -Mercedes on Wednesday reported a 70% drop in operating profit in the third quarter, as the cost of job cuts added to U.S. tariff woes and weak demand for the German luxury carmaker....
Morning Bid: Fed, Big Tech and Trump pageantry rule the day
Date: October 29, 2025
A look at the day ahead in European and global markets from Rae Wee It's a busy day for markets with a key policy decision from the Federal Reserve and a host of earnings in Europe and from Wall...
UBS posts third quarter net profit of $2.48 billion
Date: October 29, 2025
ZURICH (Reuters) -UBS Group on Wednesday reported a net profit attributable to shareholders of $2.48 billion in the third quarter, beating an average analysts' estimate of $1.29 billion, according to...
Equinor profit lags forecast, lowers oil price outlook
Date: October 29, 2025
OSLO (Reuters) -Equinor reported a bigger-than-expected decline of 9.9% in third-quarter profits on Wednesday as oil and gas prices fell from a year ago, and maintained its outlook for production...
Lufthansa looks to shed reputation as Europe's airline laggard
Date: October 29, 2025
By Ilona Wissenbach and Joanna Plucinska FRANKFURT/LONDON (Reuters) -Lufthansa's CEO last year described the German airline group's flagship carrier as a "problem child". Now, despite a turnaround...
BASF's third-quarter profit beats consensus on better volumes, metals trading
Date: October 29, 2025
FRANKFURT (Reuters) -German chemicals maker BASF on Wednesday said quarterly adjusted operating profit slipped 4.8% but came in slightly better than expected as higher sales volumes were partly offset...