BUSINESS

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Nvidia reported extraordinary fourth-quarter results on Wednesday, with revenue soaring to $39.3 billion – a 78% increase from the same period last year and a 12% rise from the previous quarter. The California-based technology giant's remarkable performance exceeded Wall Street expectations, with adjusted earnings of 89 cents per share surpassing analysts' forecasts of 85 cents.

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Netflix will invest $1 billion over four years in film and series production in Mexico, co-CEO Ted Sarandos announced alongside Mexican President Claudia Sheinbaum on Thursday. The move, hailed by Sheinbaum as a major win for the Mexican economy, strengthens the country's position as a production hub and provides a welcome counterweight to US tariff concerns.

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Amid ongoing efforts to boost sluggish sales and profits, Unilever's CEO, Hein Schumacher, is leaving the company after a brief tenure of less than two years. Unilever, which owns popular ice cream brands such as Ben & Jerry's and Magnum, will be led by current Chief Financial Officer Fernando Fernandez, effective March 1, the company announced Tuesday.

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Airbus announced a 12 percent increase in net profits to €4.2 billion ($4.4 billion) for 2024, citing increased aircraft deliveries as a key driver. The European aircraft maker aims to further boost deliveries in the coming year, having successfully absorbed a major writedown related to its space business.