Latest in PwC profits fall in Asia after scandals in China and Australia
Sort by
4,908 items
-
Hong Kong stocks fall as China’s stimulus package disappoints
Hang Seng index down 1.5% after Beijing unveils $1.4tn plan to restructure local government debt but no consumer supportBusiness - Financial Times - November 11 -
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the ...Business - MarketWatch - 6 days ago -
ING Lifts Outlook After Profit Beat
ING raised its total income outlook for the year and said it would distribute up to $2.7 billion to shareholders after net profits topped expectations.Business - The Wall Street Journal - October 31 -
Allianz Narrows Guidance Range After Profit Beat
The insurance giant narrowed its outlook for the year to the upper end of its range after lower natural catastrophe claims drove third-quarter profits above expectations.Business - The Wall Street Journal - November 13 -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - November 14 -
Deutsche Telekom Lifts Outlook After Profit Beat
The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.Business - The Wall Street Journal - November 14 -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - October 25 -
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisitionBusiness - MarketWatch - October 23 -
Colgate-Palmolive beats profit views, even as prices fall in North America again
Colgate-Palmolive’s stock turned red in premarket action Friday, after the consumer-products company beat third-quarter earnings expectations and lifted its outlook, but saw relative weakness in ...Business - MarketWatch - October 25 -
Ceramic mugs, condiment bars and comfier seats are coming to more Starbucks stores, as new CEO looks to re-caffeinate sales
Starbucks Corp. on Wednesday said its latest quarterly results “do not reflect the strength of our brand,” and said it needed to make fundamental changes to bring back customers.Business - MarketWatch - October 31 -
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Business - The Wall Street Journal - October 23 -
Schroders shares tumble to lowest in over 10 years after warning on outflows
Incoming chief executive Richard Oldfield pledges to sharpen asset manager’s focus and executionBusiness - Financial Times - November 5 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - November 6 -
Best Employers: Asia-Pacific
Which companies do people most like working for in Asia-Pacific? The FT and Statista surveyed 50,000 employees to find out. Plus: long hours in Japan; caste and corporate India; China’s robot ...World - Financial Times - November 14 -
David Warner’s lifetime leadership ban lifted six years after ball-tampering scandal
Cricket Australia scraps sanction imposed for ‘sandpapergate’ Decision paves way for veteran to captain BBL side Sydney Thunder Cricket Australia has scrapped David Warner’s lifetime leadership ...World - The Guardian - October 24 -
Bev Priestman fired as Canada women's soccer coach after review of Olympic drone scandal
Canada women's soccer coach Bev Priestman has been fired after an independent review of a drone surveillance scandal at the Paris OlympicsSports - ABC News - November 12 -
Canada women’s head coach Priestman leaves role after drone spying scandal
Priestman is banned by Fifa after alleged use of drone Head coach was removed from Olympic Games in Paris The departure of the Canada women’s national team head coach, Bev Priestman, has been ...World - The Guardian - November 12 -
Robinson backs Sua’ali’i to make union impact for Australia after code switch
Back in line to feature against England on Saturday ‘He’s got a lot of talent and will get the opportunity’ Jason Robinson, the most successful cross-code rugby player of the modern era, is ...World - The Guardian - November 6 -
‘Unforgivable’: Jamie George blasts England after dramatic loss to Australia
England concede five tries and 42 points in defeat ‘There’s going to be clips that are hard to watch back’ Jamie George had one blunt word for the way his team defended against Australia: ...World - The Guardian - November 9 -
-
Warren Gatland willing to step down after Australia mauling ‘if best for Wales’
52-20 defeat by Australia was 11th straight loss There’s so much negativity around the game’ Warren Gatland said he was willing to step down as Wales coach after the team succumbed to a record ...World - The Guardian - 4 days ago -
PwC accused of interfering in Australian tax leaks probe
Documents reveal PwC International threatened to expel local firm if it co-operated with scandal investigation without permissionBusiness - Financial Times - November 1 -
The former PwC partner trying to reinvent the West Midlands
Richard Parker narrowly beat Andy Street in the mayoral contest, but is setting himself apart from his predecessorWorld - Financial Times - November 4 -
Alibaba posts profit beat as China looks to prop up tepid consumer spend
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.Business - CNBC - 6 days ago -
Dozens killed in car rampage through Chinese stadium
At least 35 people are killed and 43 injured after a car ploughed into a crowd of people in Zhuhai.Top stories - BBC News - November 12 -
Eight dead after stabbing at school in eastern China
A 21-year-old man has been arrested after a stabbing incident in the city of Wuxi, police say.Top stories - BBC News - 5 days ago -
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksBusiness - Financial Times - October 23 -
Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...Business - The Wall Street Journal - October 23 -
Telia Raises Guidance After Key Metric Profit Beat
The Swedish telecommunications operator said it expected stronger growth momentum in the fourth quarter of the year and raised its guidance as it reported a slight beat on adjusted underlying ...Business - The Wall Street Journal - October 24 -
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is paying off.Business - CNBC - October 24 -
NatWest Lifts Guidance Again After Quarterly Profit Beat
The U.K. high-street bank raised its revenue and profit outlook for the second time this year after its third-quarter results topped market expectations, lifting shares to an over 13-year high.Business - The Wall Street Journal - October 25
