French billionaire François-Henri Pinault is taking hands-on approach as he scrambles to catch up to rival LVMH.

The streaming giant expects slower subscriber additions this quarter while lifting its revenue forecast for the year.

Microsoft grappled with a major service outage, leaving users across the world unable to access its cloud computing platforms.

As the grid becomes increasingly unstable due to age and extreme weather, utilities are ramping up spending on long-overdue maintenance and capital improvements.

Anglo American cut its 2024 coal-production target after a fire incident at a major mine is set to suspend production for the rest of the year, while backing guidance for its key metals copper and iron ore.

Novartis now expects its core operating profit to grow in the mid to high teens, after second-quarter results outpaced analysts’ expectations, boosted by revenue from its blockbuster treatments.