The chief executive of JPMorgan Chase & Co. , the biggest U.S. bank, cautioned against declaring victory against inflation too early, warning the Federal Reserve could raise interest rates above the 5% mark if higher prices ended up "sticky."
Pot producer Canopy Growth Corp posted a bigger third-quarter core loss on Thursday, and said it would reduce its workforce by about 60% and exit the cannabis flower cultivation in Canada as part of its cost-reduction program.
Japan's Nissan Motor Co on Thursday posted a better-than-expected 155% jump in third-quarter operating profit, boosted by a weaker yen and cost management.
French carmaker Renault , which is revamping its 24-year old alliance with Nissan , said on Thursday the Japanese firm contributed 174 million euros ($187 million) to its own results in the fourth quarter.
Japan's Toyota Motor Corp posted a surprise 22% rise in third-quarter operating profit on Thursday, as a weaker yen and higher sales volumes helped the world's top automaker overcome a jolt from the soaring costs of raw materials.
AbbVie Inc on Thursday forecast 2023 profit below Wall Street expectations, in the first outlook since its blockbuster arthritis drug Humira faced competition from cheaper biosimilars in the United States early this year.
Credit Suisse Group has reported its biggest annual loss since the 2008 global financial crisis after rattled clients pulled billions from the bank, and it warned that a further "substantial" loss would come this year.
Elon Musk's SpaceX should choose sides between Ukraine and Russia, a senior Ukrainian official said on Thursday, after the company said it was curbing Kyiv's use of Starlink internet devices for controlling drones.
French infrastructure group Vinci , the operator of London's Gatwick Airport among others, does not expect full air traffic recovery this year as demand in Asia is still lagging, it said on Thursday, as it beat annual net profit forecasts.
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