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(MENAFN - AFP) Spanish banking giant Santander posted flat net profit growth in the third quarter as its results were hit by the slump in the pound following Britain's vote to leave the EU.

The bank said its July-September net profit was virtually unchanged from the same time last year, hitting 1.7 billion euros ($1.8 billion), a 0.9-percent increase.

The results were ...

(MENAFN - AFP) The slow global economy and the health-driven turn against sweet sodas dented Coca-Cola sales for the sixth straight quarter, delivering a 28 percent hit to net income, the company reported Thursday.

Coca-Cola said worldwide revenues fell in the quarter to September 30 by 7.0 percent from a year ago to $10.6 billion, with sharp declines in its Latin America ...

(MENAFN - AFP) French carmaker PSA on Wednesday blamed falling demand in Europe and China, as well as exchange rate movements, in posting a drop in third-quarter sales.

PSA, the second largest car manufacturer in Europe and behind the Peugeot, Citroen and DS brands, said sales came in at 11.4 billion euros ($12.4 billion) for the quarter, down 8 percent from the same period ...

(MENAFN - AFP) Boeing reported higher third-quarter earnings and lifted its full-year forecast Wednesday following a solid performance in its commercial airplane deliveries.

Net income was $2.3 billion, up 33.7 percent from the year-ago period and boosted by a one-time tax benefit. Revenues were down 7.5 percent to $23.9 billion.

Operating profit fell both in Boeing's ...

(MENAFN - AFP) The economic gender gap could take 170 years to close after progress towards parity between the sexes suffered "a dramatic slowdown", the World Economic Forum (WEF) said in a report on Wednesday.

Despite the fact women have made major gains in educational achievement -- catching or surpassing men in 95 countries -- women still earn less in exchange for longer ...

(MENAFN - AFP) World stock markets mostly retreated Wednesday, dragged lower by falls for miners' shares and oil prices, traders said.

After declines for the bulk of Asia's stock markets, Europe's top indices were showing losses of 1.0 percent compared with Tuesday's closing levels.

The heaviest faller on London's benchmark FTSE 100 index was miner Antofagasta, which ...

(MENAFN - AFP) A chest of drawers by the star Australian designer Marc Newson has sold at auction in Paris for more than one million euros, more than twice its estimate.

The piece called "Pod of drawers" by the creator who has worked for Apple for the past decade, was bought for 1.019 million euros ($1.1 million) by an Asian buyer, the auction house Artcurial said Tuesday.

Newson, ...

(MENAFN - AFP) European Commission chief Jean-Claude Juncker said he looked to Belgium on Wednesday to overcome internal disputes and seal a landmark EU-Canada trade deal.

Belgium's federal and regional leaders meanwhile held a short new round of talks in Brussels in a bid to break the deadlock on the eve of a still hoped-for signing summit with Canadian Prime Minister Justin ...

(MENAFN - AFP) Airbus Group on Wednesday posted a five percent fall in January-September net profit to 1.81 billion euros ($2 billion) as it revealed it intends to deliver more planes than initially forecast this year.

Citing stable overall sales of 43 billion euros for the period, the company said it would seek to raise deliveries to 670 planes, a rise of 20 aircraft, in ...

(MENAFN - AFP) Britain's state-rescued Lloyds Banking Group on Wednesday said it had set aside a further £1.0 billion ($1.2 billion, 1.1 billion euros) to compensate customers who were mis-sold insurance.

The hit contributed towards LBG reporting a sharp drop in third-quarter net profits, to £219 million compared with a year earlier, the company said in an earnings statement.

However, ...

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