Hapag-Lloyd said it would increasingly focus on growth and service quality for the remainder of the year after recording strong demand and increased freight rates in the first half.
Thyssenkrupp cut its bottom-line forecast for the third time after it swung to a third-quarter loss as market weakness affected several of the company’s customer industries, weighing on sales.
UBS reported a second-quarter net profit that doubled analysts’ estimates and raised its year-end target for savings from its integration of Credit Suisse.
A KKR-led consortium has started the process of selling its entire stake in the largest private hospital in the Philippines in a deal that could value the business at around $3.0 billion, people familiar with the process said.
Language-learning app Duolingo makes around $500 million annually, despite offering all of its lessons for free. WSJ explores how the company is using AI and A/B testing to keep users hooked.
