Latest in Firsthalf Profit Rises
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UBS reports better than expected profits
Swiss bank’s markets business helped by increase in volatilityBusiness - Financial Times - October 30 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Next profits poised to top £1bn for first time
UK retail bellwether raises outlook for third time in three months on the arrival of colder weatherWorld - Financial Times - October 30 -
Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Business - The New York Times - October 30 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
Samsung Sees Progress in Memory Chips for AI After Delays
The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.Tech - The Wall Street Journal - October 31 -
Aker Solutions Upbeat Despite Profit Miss
Aker Solutions reported below-forecast third-quarter results but said its outlook remained positive with high tender activity.Business - The Wall Street Journal - October 31 -
TotalEnergies Profit Falls as Downstream Margins Bite
TotalEnergies reported a sharpy-lower net profit in the third quarter on weaker refining margins, production and prices, but said output should pick up going forward.Business - The Wall Street Journal - October 31 -
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 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - 4 days ago -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - 3 days ago -
DHL Owner Net Profit Falls on Costs
Deutsche Post reported a lower net profit on higher costs and said it expects earnings to grow in the fourth quarter, even in a muted economic environment.Business - The Wall Street Journal - 3 days ago -
Primark owner profits jump despite summer washout
It said clothes sales in the UK and Ireland grew despite dampened demand for beach and swimwear.Top stories - BBC News - 3 days ago -
BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - 2 days ago -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - 2 days ago -
China woes weigh on profits at Toyota, Honda and BMW
Even the strongest international carmakers are suffering from intense competition in the Chinese marketWorld - Financial Times - 2 days ago -
Rivian Maintains Profitability Target Despite Part Shortage
The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.Business - The Wall Street Journal - Yesterday -
Vistry shares plunge as cost overruns hit profits
UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costsBusiness - Financial Times - 16 hours ago -
Sleep perfectionists: the exhausting rise of orthosomnia
The UK sleep-tracker industry is estimated to be worth £270m a year – and forecast to double by 2030. Could all this data be making our insomnia worse?. The other day, I was plodding away on the ...World - The Guardian - October 15 -
American interest rates need to rise
Lessons for the US from the Brazilian canary in the coal mineWorld - Financial Times - October 15 -
The swift rise of AI celebrity endorsements
AI-generated images of celebrities endorsing political candidates are on the rise. Here's how to spot them.Top stories - CBS News - October 16 -
The year's brightest supermoon is rising this week
Get ready to look up for the year’s biggest and brightest supermoon. And it's pairing up with a comet for a rare stargazing two-for-one.Politics - The Hill - October 16 -
Homeowners Tap Into Their Rising Home Equity
Balances on home equity lines of credit have risen along with home equity loans. Popular reasons for borrowing include home renovations and repairs and debt consolidation.Business - The New York Times - October 18 -
Netflix Shares Rise on Subscriber Growth
The popular streaming platform forecast higher customer sign-up rates for December as its ad-supported service drew new viewers.Business - Inc. - October 18 -
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.Top stories - BBC News - October 22 -
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.Business - The Wall Street Journal - October 24 -
Safran Upgrades Guidance as Revenue Rises
The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors.Business - The Wall Street Journal - October 25 -
Eurozone inflation rises to 2% in October
Annual figure is slightly above expectations and matched the ECB’s targetBusiness - Financial Times - October 31 -
How quickly are prices rising in the UK?
The rate at which prices are rising has dropped below the Bank of England's target of 2%.Top stories - BBC News - Yesterday