US Business

The Japanese company raised its annual revenue forecast after delivering a second-quarter profit beat.

The troubled IT firm said it would issue new shares in its latest move to reduce debt.

The British Airways owner said earnings rose ahead of expectations with solid demand driving an increase in revenue.

The Italian lender reported third-quarter net profit and revenue growth ahead of expectations, led by higher income from fees and commissions.

The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.

The British Airways owner will start buying back the shares from next week.

National Australia Bank raised its dividend despite a 6.1% fall in annual profit on lower lending margins and higher costs.

Leon Wang, executive vice president in charge of China and the broader Asian region, is being detained while the Chinese government is probing AstraZeneca employees, the drugmaker says.

The move is one of the first from the new CEO, David Joyner, as he looks to repair the company.

The arms maker said Armin Papperger will remain at the helm of the company for another five years, while CFO Dagmar Steinert agreed to step down from her role.