Lloyds Profits Fail to Meet Forecasts
Lloyds said that first-half pretax profit fell 7.1% as it booked an additional charge over payment-protection insurance in the second quarter, and forecast lower returns for the full year.
Samsung Suffers Hit From Softening Smartphone Demand
Samsung's net profit dropped 53% during its second quarter, as consumers' decreasing appetite for smartphones and other gadgets sapped demand for the company's cash-cow components business.
Canada Says No Decision on Huawei Before Election
Canada said it is unlikely to reveal a decision on the use of Huawei's technology in the country's 5G network until after the Oct. 21 vote. More information from the U.S. on security is needed, Public Safety Minister Ralph Goodale said.
Apple's Revenue Rises Despite Continued iPhone Slump
Apple countered another quarter of weak iPhone sales with strong revenue growth from its supporting businesses, the latest in a series of positive results from Silicon Valley's tech titans.
Airbus Backs Guidance as Profits Soar
Airbus said that second-quarter net profit skyrocketed and maintained its full-year guidance.
Amazon Reigns Over Cloud Market
The company continues to dominate the market for basic computing resources that businesses access online, largely by outspending its rivals on data centers and other physical resources, corporate tech executives and industry analysts say.
Rio Tinto Stuck Between a Rock and a Hard Place With Too Much Cash
Rio Tinto is preparing to share billions of dollars in profits with its investors but is finding its options squeezed by a decade-old restriction that limits how big a stake can be owned by a Chinese investor.
Capital One Hacking Suspect Showed Strange Online Behavior
The 33-year-old woman accused of executing one of the largest-ever data thefts at a bank showed strange behavior online in recent months, at times bragging about her exploits and discussing deep struggles in her personal life.
Mondelez Raises Yearly Forecast as Cookies and Chocolate Help Results
Cookies and milk-chocolate products helped to bolster Mondelez International's sales in the second quarter, leading the snack maker to push up its forecast for the year.
Body of V.G. Siddhartha, India's Coffee King, Is Found
Indian authorities found the body of India's coffee king, V.G. Siddhartha-whose disappearance triggered an investigation-in a river in the southern city of Mangalore.