Deutsche Bank Beats Forecasts 

Deutsche Bank reported a sharp rise in second-quarter profit driven by unexpectedly strong investment banking revenues and lower overall taxes, but warned challenges remain.

 
RBS Warns of Long Wait for Dividend 

Royal Bank of Scotland warned it wouldn't be paying dividends until at least 2017, despite a rise in profit, as the once global bank continued its retreat to the U.K.

 
Shell Profit Drops, to Cut 6,500 Jobs 

Shell reported a sharp fall in second-quarter profit and said it would cut 6,500 jobs, illustrating the strain sustained low oil prices are putting on large producers.

 
Siemens Hit by Weaker Energy Business 

German industrial conglomerate Siemens reported a slight decline in third-quarter net profit on slow growth in its power and gas division and a weak global economy.

 
Repsol Profit Down 44% on Falling Oil Prices 

Spain's Repsol said its net profit fell 44% in the second quarter, as strong refining results couldn't offset the effect of falling crude prices and the one-time gains that boosted its bottom line in the same quarter a year ago.

 
China Shares Fall in Late Bout of Volatility 

Chinese shares finished lower Thursday, swinging wildly in the last hour of trading, and extending a pattern of intraday volatility that started with mid-June's selloff.

 
Centrica to Shrink Oil Business, Slash Jobs 

U.K. utility Centrica said it would shrink its oil and gas exploration and production business, exit wind ventures, slash costs and cut thousands of jobs to return the company back to its core energy supply business.

 
EDF to Buy Majority Stake in Areva's Reactor Unit 

Électricité de France agreed to buy a majority stake in the nuclear reactor-making unit of Areva as part of a broader plan to rescue the beleaguered nuclear supplier.

 
Rolls-Royce CEO Pledges to Speed Turnaround Efforts 

Rolls-Royce Chief Executive Warren East is promising to inject a greater sense of urgency into the British engine maker's turnaround effort as the company reported a fall in sales and profit.

 
Renault Shares Plunge Despite Strong Results 

French car maker Renault reported an 86% rise in net income as strong European demand and an increase in sales to its partner auto makers boosted revenue, but investors punished the company for failing to do even better.

 
Lufthansa Profit Rebounds 

Lufthansa second-quarter profit rebounded sharply even as the airline faces troubled labor relations and a compensation dispute with the families of survivors from the crash of a Germanwings jetliner.

 
Diageo's Hurt by Weak North American Sales 

Diageo reported lower operating profit for the year as the world's largest spirits maker was hit by weaker sales in its key North America business.

 
AstraZeneca Boosted by Licensing Deals 

AstraZeneca reported an increase in second-quarter revenue, driven by income from licensing deals, though profit continued to fall as the company plowed heavy investment into new drugs it hopes will replace its old blockbusters.

 
Nokia Shares Soar as Profit Beats Forecasts 

Nokia reported a better-than-expected second-quarter profit boosted by significantly higher software sales, which offset challenging market conditions.

 
Sanofi Buoyed by Biotech and Lower Costs 

Sanofi reported a 68% jump in second-quarter net profit, buoyed by its biotech business and lower costs.

 
Santander Boosted by Stronger Lending 

Santander reported a near 18% rise in second-quarter net profit lifted by stronger lending and a continuing fall in charges from souring loans, particularly in its two big markets of Spain and the U.K.

 
Facebook, Google Tighten Grip on Mobile Ads 

Facebook's revenue jumped 39%, fresh evidence of its allure to big brands, as it and Google increasingly take the lion's share of the fast-growing mobile advertising market.

 
Twitter Shares Fall After Report Revives User Base Questions 

Investors in Twitter drove down the company's share price 15% on Wednesday after a disappointing quarterly report a day earlier.

 
Sony Net Profit Surges in First Quarter 

Sony's net profit more than triples in April-June on strong sales in its videogame and smartphone image sensor divisions.

 
Samsung Profit Falls, as Smartphone Sales Disappoint 

Samsung said net profit for the second quarter fell 8% from a year earlier, as sales of the company's flagship Galaxy S6 smartphone fell short of expectations.

 
SoftBank Committed to Sprint Turnaround 

SoftBank is still committed to turning around Sprint, the struggling U.S. wireless carrier it bought in 2013, the company's president said at the Converge tech conference in Hong Kong.

 
Qihoo 360's Plan to Go Private Will Help Its Business, China Renaissance CEO Says 

Chinese Internet security-services firm Qihoo 360 Technology Co.'s $9 billion plan to go private is being done for the right reasons, namely to help its business, an investor in the consortium bidding to take it private said.

 
India's Snapdeal Targets Profitability Within Three Years 

Chief Executive Kunal Bahl said the e-commerce company aims to be profitable in two to three years as it invests millions in technology infrastructure.