Honda Motor said on Thursday that two of its domestic manufacturing sites will operate at 90% of capacity until early March due to a shortage of semiconductors.

Germany's Commerzbank said on Thursday it swung to a far better-than-expected fourth-quarter and 2021 net profit despite undergoing a major overhaul thanks to an uptick in its customer business.

ZURICH (Reuters) -Food group Nestle said on Thursday it expected underlying sales to rise around 5% and a broadly stable margin this year after strong demand for coffee and pet food as well as price hikes helped growth accelerate ahead of expectations in the fourth quarter.

SINGAPORE/LONDON (Reuters) -Standard Chartered raised its core profitability goals and promised shareholders extra payouts on Thursday, despite full year profit undershooting expectations, as it banks on inflation-battling rate hikes worldwide to boost lending.

Food group Nestle said on Thursday it expected underlying sales to rise around 5% this year after strong demand for coffee and pet food as well as price hikes helped growth accelerate ahead of expectations in the fourth quarter.

Kyndryl, the former infrastructure services business of IBM, signed a deal with Nokia to help automate factories by bringing in cloud computing and artificial intelligence over wireless networks.