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COVID-vaccine maker BioNTech reports $1.37B profit in Q1

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BERLIN — German pharmaceutical company BioNTech reported a net profit of 1.13 billion euros ($1.37 billion) in the first quarter of this year on...

COVID-vaccine maker BioNTech reports $1.37B profit in Q1

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BERLIN — German pharmaceutical company BioNTech reported a net profit of 1.13 billion euros ($1.37 billion) in the first quarter of this year on...

COVID-vaccine maker BioNTech reports $1.37B profit in Q1

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BERLIN — German pharmaceutical company BioNTech reported a net profit of 1.13 billion euros ($1.37 billion) in the first quarter of this year on...

China propels BMW to strong profits, Germany lags

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FRANKFURT, Germany — Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year...

Volkswagen profits jump as China leads pandemic rebound

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FRANKFURT, Germany — Volkswagen Group's after-tax profit rebounded strongly to 3.4 billion euros ($4.1 billion) in the first three months of the year as...

Strong sales from Tapestry, Lee maker show clothing rebound

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Strong sales results from Coach's parent as well as from the maker of Wrangler and Lee jeans offer the latest evidence that shoppers' spending...

Beyond Meat falls short of Q1 forecasts due to lower prices

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Plant-based meat company Beyond Meat posted a first-quarter loss Thursday after higher sales were offset by marketing costs and lower prices. ...

Stellantis CFO: Chip shortage impact remains ‘controlled’

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MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported Wednesday a 14% increase in...

GM profit surges to $2.98B on sales of higher-margin trucks

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Detroit — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on...

Pfizer ups expectations for the year

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Pfizer is raising its revenue expectations for the year with a huge roll out of its COVID-19 vaccine as well as strong performances from...