WSJ: World News
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year.
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.
BNP Paribas backed its guidance for 2024 as it reported better-than-expected first-quarter earnings despite some weakness in its capital markets investment and financing unit.
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.
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