Bloomberg Business

Six of the Philippines’ biggest conglomerates have revived a proposal to upgrade its congested main airport, signaling confidence in air travel recovery.

Barclays Plc’s traders surpassed expectations in the first quarter with a surprise increase in fixed income revenue, helping offset falls in equities trading and dealmaking.

Sanofi’s profit rose in the first quarter, exceeding estimates as the French drugmaker’s blockbuster therapy Dupixent gained market share.

Zambia’s inflation rate returned to double digits for the first time in 11 months in April as a sharp depreciation in the kwacha in the last quarter fueled by slow progress in debt restructuring talks seeped into import prices.

ANA Holdings Inc. reported operating income of 120 billion yen ($897 million) for the full year through March, its first annual profit since the 12 months ended March 2020 thanks to a rebound in travel demand.

Sinochem Holdings Corp. is exploring ways to salvage a planned Shanghai listing of its unit Syngenta Group, including a smaller initial public offering for the agrochemical giant, people with knowledge of the matter said.

Swedbank AB joined fellow Swedish peers SEB AB and Svenska Handelsbanken AB by delivering better-than-expected net income from lending activities in the first quarter.

Unilever Plc surpassed sales growth expectations in the first quarter as consumer demand proved more resilient than expected in the face of price hikes.

TotalEnergies SE reported a smaller-than-expected decline in first-quarter profit and offered more generous shareholder returns after announcing the sale of its carbon-intensive Canadian oil sands business to Suncor Energy Inc.