Renault Expects $2.44 Billion Hit From Nissan's Turnaround 
 

The group-which holds 35.71% of Nissan's share capital-said the hit included the impairments and restructuring costs necessary for the Japanese automaker's turnaround.

 
Munich Re Profit Halves on Hit From California Fires 
 

The reinsurer reported a steep fall in first-quarter net profit due to losses from the devastating wildfires in January, but maintained its outlook for the year.

 
SoftBank Group Posts First Annual Profit in Four Years 
 

The Japanese company has been making bigger investments as tech stocks have risen thanks to enthusiasm over artificial intelligence.

 
Honda Guides for Lower Profit Amid Auto Tariff Headwind 
 

The carmaker projected a sharp drop in profit as it expects to be hit by higher U.S. tariffs on foreign-made cars.

 
Hertz Miss Estimates, Stock Slides. What's Ahead for Bill Ackman's Bet. 
 

The rental car company's latest results indicate it has a long road back to profitability. Ackman's case for big gains may take longer to pan out.

 
Amazon Seals New Partnership With FedEx for Delivering Large Packages 
 

Amazon says the company will join other partners including United Parcel Service and the U.S. Postal Service that regularly work alongside Amazon's last-mile delivery network.

 
Berkshire's Class B Stock Has Delivered Class A Returns Since Its Debut 29 Years Ago 
 

One of Warren Buffett's shrewdest moves wasn't an equity purchase or an acquisition, but the creation of a second class of stock.

 
Bayer Shares Jump After Results Beat Expectations on Pharma Strength 
 

Bayer shares jumped after the company reported better-than-expected sales and adjusted earnings for the first quarter, with cost-cutting and demand for kidney and cancer drugs boosting its pharmaceutical business.

 
NTT Data Group Plans Key Investor Meetings Ahead of Singapore IPO 
 

Japan's NTT Data Group is set to start meeting select investors soon ahead of its proposed listing of a new Singapore real-estate investment trust, people familiar with the process said.

 
United CEO Reassures Customers That Newark Airport Is Safe 
 

Airline has trimmed its daily routes following technology and staffing issues affecting New Jersey hub.

(END) Dow Jones Newswires

May 13, 2025 05:00 ET (09:00 GMT)

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