COMPANIES

British betting group Entain said it would buy Croatia's SuperSport Group for 600 million pounds ($731 million) in cash on Thursday after the owner of Ladbrokes, Coral and Bwin reported a 20% increase in half-year profit.

Rivian blamed its losses on investments in people and technology, along with auto production lines capable of cranking out lots of cars running at low capacity.

Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank.

Disney shares were up more than 6 percent in after-market trades that followed release of the earnings figures.

SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%.

Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker.

Deliveroo, the international delivery food app, announced Wednesday a big increase in losses as investment costs ate into rising revenues.

Lenovo Group, the world's biggest maker of personal computers, reported flat revenue for the April-June quarter when many Chinese cities were hit by COVID-19 lockdowns, marking its most subdued result in eight quarters.

Iceland Foods teams up with the Rothesay Foundation and Age UK to battle the cost of living crisis in the country.

HSBC has appointed Patrick Boumalham as its new global head of wealth sales within its markets division.

Volkswagen's controlling shareholder families aim to keep Europe's top carmaker on a shorter leash.

The London Stock Exchange Group said on Friday that costs and savings targets for integrating data company Refinitiv were on track.

Twitter Inc on Thursday dismissed Elon Musk's claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company

Twitter Inc and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger, couldn't even agree on how much to tell the public about their dispute.

The home rental platform logged a net income of $379 million in what it touted as the most profitable second quarter in its history.

Net profit hit $9.3 billion in the three months to June -- a threefold increase from the same period last year, the company said in a results statement.

Britain's Domino's Pizza reported a 16% fall in first-half pretax profit on Tuesday.

A union representing nearly 2,500 employees at three Boeing Co defense locations in the St.

The food-delivery business that kept Uber Technologies' earnings afloat during the peak of the pandemic is expected to show signs of strain in second-quarter results due on Tuesday as decades-high inflation crimps consumer spending.

Meta lost about two million monthly users between quarters, and Netflix shed nearly a million paying customers, which was less than expected.

South Korean chip powerhouse Samsung Electronics said Thursday that second-quarter operating profits were up 12.18 percent.

Taiwan's China Airlines Ltd is "actively" looking at options to replace its ageing fleet of 22 Airbus SE A330 widebodies.

The personal computer market had been in steady decline prior to the pandemic, as people turned to smartphones or tablets.

Visa Inc beat estimates for quarterly profit on Tuesday as resilience in consumer spending so far and a summer travel boom across much of the United States translated into higher card spends.

While the price hikes are much higher than inflation, analysts believe that the service costs Amazon much more than it charges and is used to lure and keep customers.

Orange and MasMovil's $19 billion Spanish telecom merger is set to be a test case for whether Europe's antitrust regulators have become more lenient in approving deals that reduce the number of mobile operators.

When food delivery service Grubhub struck a deal with Amazon earlier this month, offering Prime customers a year's free delivery, shares in rivals slumped.

French satellite company Eutelsat said it was in talks over a possible all-share merger with British rival OneWeb, which could help both companies challenge the likes of Elon Musk-owned SpaceX's Starlink and Amazon.com's Project Kuiper.

A union representing nearly 2,500 employees at three Boeing Co defense locations in the St.