Eli Lilly and Co edged past Wall Street estimates for quarterly revenue on Tuesday, as higher sales of its top-selling diabetes drug, Trulicity, helped offset the impact of generic competition on its erectile dysfunction drug, Cialis.
Japan's Sony Corp on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor business.
German airline Lufthansa said it was braced for very tough price competition with Ryanair and easyJet for at least the rest of this year as it reported a plunge in second-quarter earnings on Tuesday.
Exxon Mobil Corp's plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns and major projects, is getting off to a slow start as oil companies pull back on big deals.
Brewing no-deal Brexit worries sent the pound sinking towards a two-year low versus the euro and roughed up Irish bonds on Tuesday, while stock markets wilted before what is expected to be the first cut in U.S. rates since the financial crisis.
Brazil's closely-watched auction of offshore oil blocks looks "very expensive" and BP has yet to decide if it will take part in it, Chief Executive Officer Bob Dudley said on Tuesday.
BP has not taken any of its oil tankers through the Strait of Hormuz since a July 10 attempt by Iran to seize one of its vessels, the British company's Chief Financial Officer Brian Gilvary said on Tuesday.
A strong increase in oil and gas production helped BP offset weaker crude prices and refining profit to beat second quarter profit expectations on Tuesday, lifting its shares.
China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% - faster than a year ago - despite an intense U.S. campaign against it that ultimately became a trade ban from mid-May.
Asian stocks advanced on Tuesday in anticipation of a cut in U.S. interest rates later this week while the pound tumbled to a 28-month low versus the dollar due to heightened concerns over prospects for a no-deal Brexit.
The global telecoms industry on Tuesday demanded access to the high-capacity spectrum it says it needs to support data-intensive 5G services, accusing the space lobby of hogging frequencies in a way that could stunt the technology.
No.1 U.S. homebuilder D.R. Horton Inc reported a 4.6% rise in quarterly profit on Tuesday, driven by higher demand and cheaper mortgage rates.
The Federal Trade Commission in June issued civil subpoenas to Johnson and Johnson as part of an investigation of whether contracting practices for its blockbuster rheumatoid arthritis drug, Remicade, violated antitrust laws, the company said in a regulatory filing on Monday.
Capital One Financial Corp said on Monday personal information including names, addresses, phone numbers and credit scores of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.
State Bank of India (SBI) has tightened lending terms dramatically for auto dealerships, according to a source and an internal memo seen by Reuters, seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.