Huaweis 2023 Net Profit
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Yamal nets beauty as Barcelona blank Sociedad
Barcelona reclaimed second place in LaLiga with a 2-0 home win over Real Sociedad on Monday courtesy of a Lamine Yamal first-half strike and a late Raphinha penalty.ESPN - Sports -
UK ‘net zero’ project will produce 20m tonnes of carbon pollution, say experts
Government told Net Zero Teesside gas scheme will be massive polluter despite its carbon capture claims . A multibillion-pound “net zero” project backed by two of the world’s biggest fossil fuel firms will be responsible for more than 20m tonnes ...The Guardian - World - United Kingdom -
On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - World -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - World -
Tencent profits soar on its online advertising boom
Chinese internet giant focuses on other high-margin businesses as its blockbuster online games ageFinancial Times - World -
Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Alibaba Quarterly Profit Sinks Despite Rise in Sales
Alibaba Group’s profit sank in the latest quarter, even as revenue rose on higher sales in its key e-commerce, cloud and logistics businesses.The Wall Street Journal - Business -
Tencent Profit Jumps as High-Margin Businesses Grow
Chinese technology giant Tencent reported a sharp rise in profit for the first quarter, buoyed by rapid growth in its high-margin businesses.The Wall Street Journal - Business -
E.ON Backs Guidance After Swing Back to Profit
E.ON reiterated its full-year views and confirmed its planned investments for the year after it reported a profit in the first quarter, driven by investment-led growth.The Wall Street Journal - World -
Burberry Profit Falls as Soft Demand, Turnaround Bite
Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.The Wall Street Journal - World -
Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth
The world’s largest contract electronics manufacturer backed its upbeat outlook for the year after posting a surge in first-quarter profit.The Wall Street Journal - World -
Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.The Wall Street Journal - World - Entertainment -
Japan's Sony reports surge in profit on strong sales of movies, games and music
Sony has reported that its profit surged 34% in the last quarter from a year earlier on strong sales of its video games, music and moviesABC News - Entertainment -
Foxconn Posts Profit Surge as It Bets on AI for Long-Term Growth
The world’s largest contract electronics manufacturer backed its upbeat outlook for the year after posting a surge in first-quarter profit.The Wall Street Journal - Business -
Sony Group Profit Jumps on Stronger Game, Movie Earnings
The Japanese entertainment and electronics company reported a fourth-quarter net profit beat.The Wall Street Journal - Business - Entertainment -
What Japan’s most profitable policy experiment can teach us
Shinzo Abe’s reform to the Government Pension Investment Fund holds lessons for ageing societies everywhereFinancial Times - World - Japan -
Allianz Backs Full-Year Guidance After Profit Jump
Allianz confirmed its 2024 operating profit target after growth across all of its segments over the first quarter boosted its net profit by 22%.The Wall Street Journal - World -
Burberry warns of tough first-half trading as profits fall sharply
UK fashion group seeks to overhaul brand as wider luxury market suffers downturnFinancial Times - Business -
Burberry’s profits plunge as sales slump on slowing luxury demand
Burberry on Wednesday said the slowdown in the luxury goods market hit its sales in the final quarter of 2024 and led to a sharp 34% drop in its full-year profits.MarketWatch - Business -
Baidu’s robotaxi unit expects to turn profitable next year
The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.CNBC - Business