US Business

Maersk on Wednesday posted a drop in second-quarter net profit, despite strong container-shipping demand in a market of supply-chain disruptions.

Commerzbank announced a $656 million share buyback and confirmed its full-year guidance after its first-half results were in line with forecasts.

The carmaker is recalling 1.68 million cars in China to fix the same hood problem that recently affected models in the U.S.

Siemens Energy reported a reduced net loss for the third quarter as revenue rose 19%, with its wind unit continuing to recover following restructuring efforts.

Rolls-Royce raised its full-year guidance and said it would reinstate dividends after its earnings jumped in the first half, lifting the stock to a record high.

BMW’s auto unit reported slightly lower-than-forecast profitability in the second quarter as revenue was weighed by heightened competition and weaker consumer sentiment in China.

The Japanese financial company reported a decline in its first-quarter net profit, partly due to higher credit costs.

BAE Systems raised its full-year guidance after it reported a 13% rise in sales for the first half as defence spending was high across its key markets.

ING raised its full-year forecast for total income after its second-quarter results beat expectations.

Societe Generale shares slumped as the French bank’s weakness in its domestic retail business overshadowed better equities market dynamics that helped its second-quarter earnings top expectations.