Category Archives:
Takeda sees quarterly profit drop 39% after last year’s one-time gains
TOKYO (Reuters) - Japan's Takeda Pharmaceutical Co said on Thursday first-quarter profit slumped 39% percent from a year earlier, when earnings had been boosted by the sale of its diabetes drug portfo...
Jul 28, 2022
Poste Italiane Q2 net profit up 44% on strong payment & mobile business
MILAN (Reuters) - Net income at Italy's Poste Italiane rose 44% in the second quarter to 469 million euros, mainly thanks to strong growth in the payment and mobile division and cost-cutting in the ma...
Jul 28, 2022
Panasonic posts 39% drop in Q1 operating profit, misses estimate
TOKYO (Reuters) - Japan's Panasonic Holdings Corp said on Thursday first-quarter operating profit fell to 63.7 billion yen ($470.60 million)from 104.4 billion a year earlier, when profits rose on pand...
Jul 28, 2022
ITV sees 9-month ad revenue flat, before World Cup boost
LONDON (Reuters) - Britain's ITV said on Thursday it expected total advertising revenue for the nine months to be flat, before it enjoys a pick up from the soccer World Cup at the end of the year. The...
Jul 28, 2022
Barclays reports first half profit slumps on conduct charges
By Lawrence White LONDON (Reuters) - Barclays reported first half profit fell more than expected due to a huge 1.9 billion pound hit for regulatory misteps mostly from covering the costs of having to ...
Jul 28, 2022
Britain’s BT returns to revenue growth, reaffirms guidance
LONDON (Reuters) -BT Group met market expectations on Thursday with a 1% increase in first-quarter revenue, helped by price rises and improved trading in its consumer division and Openreach networks. ...
Jul 28, 2022
British defence firm BAE names new chair as results top estimates
LONDON (Reuters) -BAE Systems, Britain's biggest defence company, named Cressida Hogg as its next chair on Thursday, as it reported stronger-than-expected half-year results and announced a new share b...
Jul 28, 2022
Anglo American slashes dividend after first-half earnings fall 28%
LONDON (Reuters) - Global miner Anglo American slashed payouts to shareholders after earnings for its first half fell 28% due to lower production and higher costs. Anglo joins rival miners Rio Tinto, ...
Jul 28, 2022
Analysis-Hint of a Fed pause opens door to Asia’s emerging markets
By Rae Wee and Harish Sridharan SINGAPORE (Reuters) - As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are unusually poised to buy in Asia's emerging ...
Jul 28, 2022
Shell reports record profit of $11.5 billion
LONDON (Reuters) - Shell on Thursday reported a profit of $11.5 billion for the second quarter, beating expectations, lifted by strong refining profits and energy prices. The company also announced a ...
Jul 28, 2022
Peoria, IL, USA
40 °F Sunny
