Ericsson Profit Lifted by 5G Demand 

Ericsson posted an above-forecast net profit in the third quarter, as strong sales of 5G equipment helped offset a hefty sales decline in China.

Danone Sales Ahead of Expectations 

Danone said sales rose to EUR6.2 billion in the third quarter, with strong growth across all regions and reiterated its guidance for the full year.

App Deal Highlights a Push to Lure Workers Back Into Offices 

Real-estate data firm VTS has agreed to buy Toronto-based Lane Technologies, an office-app developer.

BHP Iron Ore, Copper Output Falls 

BHP Group produced less iron ore, copper and steelmaking coal in its first fiscal quarter mostly because of planned maintenance work at its operations.

Chip-Designer Arm Sees Chip Shortage Lasting Through Next Year 

CEO Simon Segars voices optimism that the deal to be acquired by Nvidia will go through.

Cathay Pacific's September Passenger Business Stayed Weak 

Cathay Pacific Airways Ltd.'s passenger business in September remained weak. While the passenger numbers was nearly triple its year-ago figure, it was still down 95% from September 2019.

Springer Replaces Bild Editor 

The dismissal comes days before the German publisher is due to complete its acquisition of Politico.

German Fintech N26 Again Draws Regulatory Scrutiny 

The startup bank, newly valued at $9 billion, must temporarily limit new customer sign-ups while it improves its internal controls.

J&J Used Lenient Bankruptcy Rules to Push Talc Liabilities to Charlotte 

Johnson & Johnson used the lenient venue-selection rules of U.S. bankruptcy law to push tens of thousands of talc-related cancer claims to its bankruptcy court of choice, roughly 600 miles south of the company's New Jersey headquarters.

Microsoft Xbox Chief Sees Game-Buying Spree Continuing 

Phil Spencer, Microsoft's executive vice president of gaming, said the company is taking a long-term approach to adding teams to its gaming portfolio.


(END) Dow Jones Newswires

October 19, 2021 07:15 ET (11:15 GMT)

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