corporate-profits
FinancePuma announces cost-cutting after 2024 net profit misses expectations
FinanceLanxess expects Q4 core profit above expectations
FinanceDaily mirror-publisher reach sees 2024 annual profit beating market view
FinanceZalando says its full-year profit to exceed own target
UK stocks rise in tandem with European peers as tariff worries ease
Date: January 14, 2025
(Reuters) - London stocks were broadly higher on Tuesday, in line with their European peers following a report that U.S. President-elect Donald Trump might opt to impose gradual tariff hikes, though...
OMV sees positive Q4 earnings effect of $215 million from gazprom arbitration
Date: January 14, 2025
(Reuters) - Austrian oil and gas group OMV said on Tuesday it expects a positive impact of around 210 million euros ($215.4 million) on its fourth-quarter earnings from an arbitral award linked to its...
London stocks slide as markets stay wary of global rate outlook
Date: January 13, 2025
(Reuters) - British equities slipped on Monday, caught up in a global selloff as investors shied away from risky assets following a U.S. jobs report last week reinforced bets that the Federal Reserve...
China’s nov industrial profits narrow decline but 2024 likely worst year in decades
Date: December 27, 2024
BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as...
Japan’s SMFG expects more than $7.65 billion net profit in FY 2025
Date: December 27, 2024
By Anton Bridge and Miho Uranaka TOKYO (Reuters) – Sumitomo Mitsui Financial Group’s CEO said the firm may make more than 1.2 trillion yen ($7.65 billion) net profit in the year from next April, as a resurgent Japanese banking sector cashes in on efforts to diversify income sources abroad alongside interest rate normalisation. The forecast...
China’s nov industrial profits narrow decline but 2024 likely worst year in decades
Date: December 27, 2024
BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as...