Latest in Totalenergies Profit Falls
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China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - 4 days ago -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - 2 days ago -
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.World - The New York Times - 2 days ago -
Clariant Third-Quarter Profits Miss Expectations
The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.Business - The Wall Street Journal - 2 days ago -
Santander's Profit Beats Expectations on Lower Provisions, Costs
Spain’s largest bank by market capitalization reported a 12% on-year increase in net profit for the three months ended Sept. 30, as lighter provisions and costs helped offset the impact from the ...Business - The Wall Street Journal - 2 days ago -
UK borrowing costs hit post-election high on eve of Reeves’ first Budget
Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990sBusiness - Financial Times - Yesterday -
StanChart to double investment in wealth management as profits rise
Wealth business had record quarter as revenues rose 32%Business - Financial Times - Yesterday -
UBS reports better than expected profits
Swiss bank’s markets business helped by increase in volatilityBusiness - Financial Times - Yesterday -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - 15 hours ago -
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 - 15 hours ago -
BNP profits rise driven by global markets business
Eurozone’s biggest bank posts gains for third quarter across equities and fixed-income tradingBusiness - Financial Times - 15 hours ago -
Maersk Profit Rises as Red Sea Disruptions Continue
Maersk’s third-quarter net profit jumped after continued disruptions in the Red Sea shipping lanes pushed freight rates higher.Business - The Wall Street Journal - 14 hours 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 - 14 hours ago