Reliance Jio, the telecom arm of Indian billionaire Mukesh Ambani-led conglomerate Reliance Industries Ltd , reported a 28.1% increase in quarterly profit on Friday, as it added more users.
Hindustan Unilever reported a bigger-than-expected rise in quarterly profit on Friday, as price increases for products such as Dove soap and Surf Excel detergent powder cushioned the blow from higher costs of raw materials.
Verizon Communications Inc posted a 23% slide in third-quarter profit and missed market estimates for wireless subscriber additions on Friday, as several customers opted for cheaper plans from rivals AT&T Inc and T-Mobile US Inc .
Sweden's Autoliv , the world's largest producer of airbags and seatbelts, said it expected its full-year operating margin to trend towards the upper end of expectations as a recovery in car production and cost cuts helped boost earnings.
Germany's Steag gave details on Friday about the return and operation of 2,500 megawatts (MW) of coal-fired power station capacity to the wholesale market to help boost energy supplies this winter.
Futures for Canada's main stock index fell on Friday as precious metals prices dropped amid fears that the U.S. Federal Reserve and other central banks would stick to their aggressive rate-hike approach to curb inflation.
South Africa's plan to kick-start its transition from coal to renewable energy will need $46.5 billion, more than five times the $8.5 billion Western nations have pledged to the project over the next three to five years, three people familiar with the matter told Reuters.
American Express said on Friday its third-quarter profit had modestly improved as spending on goods, services and travel kept up despite fears of a potential economic slowdown later in the year.
U.S. equity funds saw money inflows for the first time in four weeks in the week to Oct. 19, as strong third-quarter earnings calmed investor fears that rising interest rates would hit corporate profits substantially.
