earnings

Shipping giant Maersk’s profit sinks, warns of Red Sea risk

COPENHAGEN, Feb 8, 2024 (AFP) - Shipping giant Maersk reported on Thursday a massive drop in net profit in 2023…

Maersk to slash 3,500 jobs as profits, revenue plunge

COPENHAGEN, Nov 3, 2023 (AFP) - Danish shipping giant Maersk said Friday it would slash 3,500 jobs as net profit…

Toyota Q1 net profit soars to $9.1 billion

TOKYO, Japan (AFP) -- Japan's Toyota said on Tuesday that net profit in its first quarter surged 78 percent as…

Samsung says second-quarter operating profit fell 95%

SEOUL, South Korea (AFP) -- Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in…

Meta surges as earnings beat expectations after belt tightening

by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) -- Shares in Facebook parent Meta surged Wednesday after the…

Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover

Zurich, Switzerland | AFP | Monday 4/24/2023 by Nathalie OLOF-ORS Tens of billions were withdrawn from Credit Suisse in the…

Nokia signals lower customer spending after mixed results

HELSINKI, Finland (AFP) -- Finnish telecom giant Nokia reported Thursday a lower-than-expected rise in earnings in the first quarter as…

Netflix says subscriber numbers hit record high

Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of…

Commerzbank profits jump before return to German stock elite

Frankfurt, Germany | AFP | Thursday 2/16/2023 Germany's second-largest lender Commerzbank said Thursday its net profit tripled in 2022 as…

Renault boosts profitability but Russia exit pushes it into loss

Boulogne-Billancourt, France | AFP | Thursday 2/16/2023 French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the…

Google, Apple disappoint as tech earnings hit by gloom

SAN FRANCISCO, United States (AFP) -- Google and Apple on Thursday reported downbeat results for the last quarter of 2022…

Meta reports sales fall, but beats expectations

by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) -- Facebook and Instagram owner Meta on Wednesday reported its…

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