US Business

Canadian Western holds about C$37 billion in loans and has 39 branches located in Western Canada and Ontario. The companies said the combination would increase National Bank’s commercial banking portfolio by about 52%.

Fabrizio Freda is expected to remain in the top job at the beauty giant despite its sagging performance and division in the founding family over direction.

Five Below cut its outlook for the year, warning that its core low-income shoppers were facing an outsized impact from years of inflationary pressures.

European companies showed tentative signs of an earnings recovery in the first quarter, leaving investors wondering if the region has turned a corner as it braces for a shift in monetary policy.

The league is closing in on deals with NBC, ESPN and Amazon that would bring in about $76 billion in media revenue over 11 years.

Vanguard International Semiconductor and NXP plan to build a plant in Singapore as chip makers seek to diversify their manufacturing bases.

Atos said the move comes as the conciliator of the company’s financial restructuring process has also requested for more time to determine which of the two proposals the company’s creditors prefer.

Stellantis said its current recall campaign affected 530,000 Citroen DS and C3 models produced between 2009 and 2019 that had Takata airbags.

Antofagasta shares opened higher on London’s FTSE 100, on news the copper miner had signed a water-supply pact at its flagship Centinela site in Chile.

Remy Cointreau expects efforts to clear out excess inventory in the U.S. to stretch into its new fiscal year amid a market slowdown, as the company seeks to pave the way for a return to sales growth.