US Business

The results were the company’s first since its March capital markets day, when it said it would grow top-line production and increase shareholder returns over the next five years.

The chemical giant stuck to its outlook after first-quarter results, but said it was difficult to assess the impact of tariffs at this point.

The bank posted a smaller-than-feared decline in net profit for the first quarter, backed its guidance for 2025 and said it is well on track to meet its 2027 targets.

Uncertainty over tariffs has many businesses bracing for an economic downturn. Ride-hailing and delivery giant Grab isn’t overly worried, its chief financial officer says.

The aircraft engine maker had a strong start to the year on an increased aftermarket revenue at its civil aerospace unit and increased orders in its defense and power systems businesses.

The U.K. lender posted a rise in its top line as income from interest remained resilient despite central-bank rate cuts.

Chinese automakers’ latest monthly sales show that demand for electric vehicles in the world’s second-largest economy remains strong, with Tesla rivals such as XPeng posting robust April numbers.

Platinum said it was speaking with shareholders of Melbourne-based L1 over a merger that would create a business with funds under management of about $11.5 billion.

With profits and the stock price sinking, board members told Musk he needed to spend more time at the company.

GSK’s profit rose on better-than-expected performance of HIV, cancer and asthma treatments, offsetting lower vaccine demand in the U.S.