Hermes said it is moving into 2024 with confidence after the Birkin bag maker reported a surge in fourth-quarter sales despite a slowdown in the overall luxury sector.

Barclays has agreed to buy Tesco’s retail banking branch for a consideration of around $760 million.

Saab posted a forecast-beating rise in fourth-quarter earnings and raised its dividend as global defense spending continued to surge.

Aker Solutions raised its dividend and launched a share-buyback, after it posted above-forecast earnings in the fourth quarter, boosted by the recent closing of a subsea joint venture.

Revenue in North Asia slumped 5.8% to EUR10.66 billion due to market softness in mainland China, the company said.

AstraZeneca reported core earnings for the fourth quarter just short of consensus, but said it expected double-digit percentage growth in 2024.