Credit Suisse Moves to Address Capital Concerns
Credit Suisse moved Wednesday to stanch recent concerns about its financial strength, saying it is raising capital through the sale of shares, more divestments and the launch of another cost savings program.
Adidas Confirms Full-Year Guidance
German sportswear maker Adidas AG (ADS.XE) Wednesday confirmed its full-year guidance after peer Puma SE (PUM.XE) issued a profit warning.
Bajaj Auto 1Q Net up Less Than 1%; Weak Demand Hurts
Bajaj Auto Ltd. (532977.BY) said Wednesday its April-June net profit rose less than 1% because of a fall in overall sales volume as high fuel prices and interest rates crimped demand for new vehicles in India.