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Corporate Profits

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Meta Sets May 20 Layoffs as AI Spending Plan Deepens Worker Unrest

The cuts reflect a push to fund a vast AI buildout that executives say requires a leaner operation.

PECO Seeks $520 Million in 2027 Delivery-Rate Hikes for Power and Gas

Mercadona Pays €780 Million Bonus to 112,000 Staff as Pay Rises and Extra Leave Take Effect

Airbus Sets 2026 Goal of About 870 Jet Deliveries as Engine Supply Drags Ramp

Broker and Exchange Stocks Slide as RBI Bans Bank Funding for Proprietary Trading

M&S Maps 500-Site Search to Expand Food Stores

Centrica Axes Staff Party Funding as Exclusive Black-Tie Event for Senior Teams Proceeds

Ryanair Threatens to Shift Planes From UK Over Planned Air Passenger Duty Rise

AT&T to Raise Home Internet Prices by $5 on December 1

XTX Markets Offers $35,000-a-Month AI Research Internship in New York

BPCL Leads Peers as State Fuel Retailers Log Rs 16,184 Crore Q1 Profit

Knorr-Bremse Confirms 200 Munich Job Cuts Under 13% Germany-Wide Reduction

TSMC Accelerates Arizona Expansion to Host 30% of Its Leading-Edge Chip Capacity

Nationwide confirms late June window for £100 Fairer Share payout

L’Oréal Reports Slower Q4 Growth as Chinese Market Weakens

David Beckham's Brand Empire Thrives After Netflix Documentary Success

Saudi Aramco's Profits Drop 15% Amid Lower Oil Prices

Hello Kitty Celebrates 50 Years as a Cultural Icon

BP Reports Lowest Quarterly Profit Since 2020 Amid Falling Oil Prices

Financial Times Achieves Record Revenue and Subscriber Growth