Latest in Profits Indian Banks
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JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - Jan. 15 -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - Jan. 15 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Everything to Know About Big Banks Earnings
Goldman Sachs, JPMorgan, Wells Fargo and other firms are expected to report strong earnings.Inc. - Jan. 15 -
These two bank stocks stand out for improvement in 2025
Bank stocks had a wonderful 2024. A lighter regulatory burden and better interest-rate environment might set up another year of gains.MarketWatch - Jan. 14 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
How to Build a Profitable Service-Based Business Without Losing Your Sanity
Powerful strategies to build a lean, profitable, and sustainable service-based business.Inc. - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.BBC News - Jan. 9 -
Six dead in Indian temple stampede as free passes draw crowd of thousands
At least six people were killed and 35 injured in a stampede near one of India’s busiest Hindu temples, after thousands assembled to secure free visit passes.NBC News - Jan. 9 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
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FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
Indian army divers retrieve the body of one of at least 9 miners trapped in a flooded coal mine
Indian army divers have retrieved the body of one of at least nine miners trapped inside a flooded coal mine in India’s northeastern Assam stateABC News - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Indian stocks will benefit from the Trump 2.0 era, portfolio manager says
Investors eyeing up firms with the potential to become the "blue chip companies of the future" should look to India, according to investor Kunal Desai.CNBC - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first 7 cases of human metapneumovirus, which is reportedly surging in neighboring China.CBS News - Jan. 7 -
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Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Indian press groups call for investigation after journalist’s body found in septic tank
Mukesh Chandrakar had reported on alleged corruption in the construction industry and had a popular YouTube channel . Indian media rights groups have called for an investigation after the body of a ...The Guardian - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Body of missing Indian journalist found in septic tank
Mukesh Chandrakar's corpse was found with severe injuries consistent with a blunt-force attack, police say.BBC News - Jan. 5 -
Last hope for Indian nurse on death row in Yemen: pardon from victim's family
Time is running out for Nimisha Priya, who was convicted for the murder of a Yemeni man in 2017.BBC News - Jan. 4 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
Indian village that changed its name to honor Jimmy Carter pays tribute
A village in India named after the late former President Jimmy Carter fondly remembers his visit almost 50 years ago.NBC News - Jan. 3 -
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Jill Biden received $20,000 diamond from Indian PM in 2023, among other gifts
Annual report details gifts given to first family by foreign leaders, most of which are transferred to National Archives. Joe Biden and his family were given tens of thousands of dollars in gifts ...The Guardian - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2
