India’s Pidilite Industries posted a nearly 68% jump in third-quarter profit on Tuesday, the adhesive maker’s biggest year-over-year growth in nine quarters, driven by sustained demand and easing costs.
Thai hospitality giant Minor International expects foreign tourist arrivals to exceed 34 million, beating the government’s forecast, as Chinese travelers return, the company’s chairman told reporters on Tuesday.
Investors in construction technology startups are going to be cautious in the first half of the year as geopolitical factors, market demand and U.S. elections weigh, said the head of Mexican cement maker Cemex’s venture capital arm.
Lockheed Martin forecast its 2024 profit below Wall Street expectations on Tuesday, as the U.S. defense contractor’s largest aeronautics segment that makes the F-35 jets faces supply chain disruptions.
Wall Street’s run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open their books on the final quarter of 2023.
Verizon Communications forecast annual profit above estimates on Tuesday after strong demand for its wireless plans and Black Friday promotions helped the U.S. carrier post its highest quarterly subscriber additions in nearly two years.
Procter & Gamble cut its annual profit forecast on Tuesday as the boost from earlier price hikes fades in the U.S. and after writing down the value of its Gillette business in December.
Aerospace and defense giant RTX reported a 10% surge in fourth-quarter revenue on Tuesday, driven by demand for its aftermarket services, commercial engines and military equipment.
Italian truck and bus maker Iveco Group has partnered with German chemicals group BASF for the recycling of lithium-ion batteries of its electric vehicles (BEVs), the two companies said on Tuesday.
