April 25 (Reuters) - European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. The warning came after the company posted lower-than-expected first-quarter results. The company, whose clients include Tesla and Apple ( AAPL ) , said it...

SEOUL, April 25 (Reuters) - South Korea's Hyundai Motor Co ( HYMTF ) reported on Thursday a drop of 2.4% in first-quarter profit, as weak domestic sales offset the impact of a weaker local currency that boosted repatriated earnings. The world's No.3 automaker by sales along with affiliate Kia Corp ( KIMTF ) sold 1.5% fewer vehicles, delivering 1.007 million...

LONDON, April 25 (Reuters) - Nestle on Thursday missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold fewer products, particularly in North America. The maker of Maggi noodles, Nescafe coffee and KitKat chocolate wafer bars confirmed its 2024 guidance of organic sales growth of about 4% and a moderate increase in underlying...

(Reuters) - Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to an increased need for cash and potentially additional debt reduction, forcing it to update the parameters of its refinancing plan in the coming days. The debt-laden group, which specialises in spy-to-AI assets deemed strategic by the French government, also...