US Business

The National Highway Traffic Safety Administration asked the automaker to explain the process and rationale for many of its recall remedies.

The two companies announce the partnership as they face competition from common rival DoorDash.

UBS returned to profit in the first quarter and booked $27 billion in new assets into its key global wealth management business.

BP’s first-quarter profit was hit by lower oil and gas trading but it confirmed a $1.75 billion share buyback.

Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.

Bouygues said its operating profit from activities rose to €26 million and the company reiterated its guidance for 2024 of slightly higher sales and profits compared with 2023.

DHL owner Deutsche Post posted lower quarterly earnings as its key business-to-business market failed to improve, but it said conditions should improve in the second half of the year and backed its full-year guidance.

Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.

Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.

Legrand posted lower profits for its first quarter following a slowdown in the construction sector, but confirmed its financial targets for the year.