US Business

Dispute involving a stake in an oil project in Guyana intensifies, threatening to scuttle Chevron’s $53 billion deal to buy Hess.

Rentokil raised its synergies expectations from the Terminix acquisition and laid out new plans for North America, aiming to achieve full-year revenue growth there of 2%-4%.

Aviva lifted its operating profit target to around £2 billion by 2026 as it reported better-than-expected full-year results.

Continental posted full-year profits below consensus and warned that wage costs would rise to around €500 million in 2024 and weigh heavily on earnings.

Hugo Boss gave earnings projections for this year that are below analysts’ current forecasts and warned that it might not meet its 2025 sales guidance due to weak consumer sentiment.

Telecom Italia said it aimed to deliver earnings growth of 8% over the next three years as well as reduction in debt, helped by the planned sale of its fixed-income assets.

Lufthansa is planning its first dividend payout since the pandemic, despite reporting revenue and profits below forecasts for the fourth quarter and estimating flat earnings growth in 2024.

Japanese auto stocks fell sharply as the yen rebounded to a one-month high due to growing expectations that the Bank of Japan could shift away from its ultralow interest rate policy.

The e-commerce discounter founded in China was the top advertiser by revenue at Meta Platforms last year, and was among the five top-spending advertisers at Google.

Shares rebound after the retailer says it is working to boost shopper traffic and profit in 2024.