Santander Posts Lower Net Profit on Effects of TSB, Poland Deals

Net profit was down 36% compared with the prior quarter, which the bank attributed to restructuring charges arising from recent deals.

Nike Ends China Online Distribution Deal in Strategy Shift

Nike will shift online sales to its official website and app, as well as its flagship stores on e-commerce platforms Tmall, JD.com and Douyin from January.

Equinor Hikes Buyback as Earnings Jump on Higher Energy Prices