The six largest U.S. banks are expected to report stronger third-quarter earnings next week, catapulted by a rebound in investment banking. ...

Core Viewpoint - Turkish Airlines may consider switching its recent order for Boeing 737 MAX jets to Airbus if negotiations with engine supplier CFM do not progress satisfactorily [1] Company Summary - Turkish Airlines' Chair, Ahmet Bolat, indicated the possibility of changing the aircraft order based on the outcome of discussions with CFM [1]

Luxury sports-car maker Ferrari on Thursday raised its annual guidance and said it expected to reach revenue of around 9 billion euros ($10.5 billion) in 2030. ...

Core Viewpoint - Autoliv, a Swedish auto safety gear maker, plans to establish a joint venture with Hangsheng Electric, a Chinese electric vehicle electronics group, to produce safety electronics for the Chinese market [1] Group 1 - The joint venture aims to enhance the development of safety electronics specifically tailored for electric vehicles in China [1] - This collaboration reflects the growing demand for advanced safety features in the rapidly expanding Chinese electric vehicle market [1] - Autoliv's strategic move is expected to strengthen its position in the global automotive safety industry [1]

Danish drugmaker Novo Nordisk said on Thursday it had agreed to buy United States based Akero Therapeutics, a clinical-stage company developing innovative treatments for patients with serious metabolic diseases marked by a high unmet medical need. ...

Core Insights - Tesla's board of directors approved the largest executive pay package in corporate history for Elon Musk, which is designed to align his compensation with ambitious performance targets [1] Group 1: Executive Compensation - The pay package is structured to incentivize Musk to achieve significant milestones, referred to as "Mars-shot milestones," which are expected to drive long-term growth for the company [1] - This decision aims to reassure investors about Musk's commitment to Tesla's future and performance [1]

The number of commercial pilots using GE Aerospace's flight data monitoring app, FlightPulse, has expanded rapidly from 40,000 a year ago to more than 60,000, and the company expects to exceed 70,000 ... ...

Core Insights - PepsiCo exceeded Wall Street expectations for third-quarter revenue and profit, driven by steady demand for its energy drinks, healthier sodas, and snack brands in key international markets [1] Financial Performance - The company reported better-than-expected revenue and profit figures for the third quarter, indicating strong performance in its product categories [1] Market Demand - Demand for energy drinks, healthier sodas, and snacks remained robust in important international markets, contributing to the company's positive financial results [1]

HSBC will look at making more acquisitions in key areas, the bank's chief executive told Reuters on Thursday after the lender announced plans to buy out the remainder of Hang Seng bank. ...

ASML , the largest maker of equipment used to manufacture computer chips, said on Thursday it had appointed Marco Pieters as chief technical officer, joining the company's management board. ...