Barclays Swings to Profit as Sweeping Overhaul Nears End 
 

Barclays swung to a full-year net profit as the bank's management said it was just months away from finishing a restructuring program.

 
Glencore Returns to Profit on Commodities Boom 
 

Glencore swung into the black last year on surging commodity prices, an eye-popping recovery for the Swiss mining giant, which a year earlier reported billions of dollars in losses.

 
Peugeot Resumes Dividend as Profit Jumps 
 

Peugeot, the French car maker in advanced talks to buy the European operations of General Motors, will pay its first dividend for six years after posting a sharp rise in net profit for 2016.

 
Carlos Ghosn Steps Back From Nissan CEO Role 
 

Pressure is likely to grow on Nissan and Renault to merge and it isn't clear if anyone can replicate the role he built as a globe-trotting leader of both companies.

 
Credit Suisse Probe Opens Old Wounds 
 

Shortly after Credit Suisse pleaded guilty in May 2014 to aiding tax evasion, the Justice Department discovered an American professor was potentially hiding money overseas in accounts managed by the bank's Israeli desk. His cooperation helped investigators build another case against the bank.

 
Exxon Lowers Proved Reserve Estimates 
 

Extremely low energy prices during 2016 forced Exxon Mobil Corp. on Wednesday to lower its estimate of proved oil and gas reserves in the ground that the company controls.

 
Tesla Sets Aggressive Production Plan for Model 3 
 

Tesla Inc. laid out an aggressive production plan to bring out the new Model 3 sedan by year's end, raising the likelihood the auto maker will need to raise more cash to support the rollout.

 
Cruise Operator Wants You on a Slow Boat From China 
 

A Shanghai shipyard will build the first oceangoing cruise ships ever constructed in China, as the global cruise industry chases surging Chinese demand for foreign travel.

 
Weibo's Profit More Than Doubles, Driving Sina's Growth 
 

Chinese microblog portal Weibo Corp.'s profit more than doubled in the latest period, helping internet company Sina Corp. post double-digit profit and revenue increases.

 
Jack Dorsey's Square Hits Its Stride as Twitter Pauses 
 

Payments provider Square finished its first year as a public company with quarterly revenue that exceed expectations and a narrower loss.

(END) Dow Jones Newswires

February 23, 2017 05:15 ET (10:15 GMT)