Business
Six EU countries push for windfall tax on oil companies amid surging war profits
Six EU countries are intensifying calls for a bloc-wide windfall tax on oil companies as profits surge amid the war in the Middle East,…
Tag
Profits
Business
Adidas plans 1-billion-euro share buyback after profits jump
Adidas reported stronger-than-expected fourth-quarter profits and announced a fresh share buyback, as it looks to maintain its momentum…
Business
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by…
Business
BOJ warns US tariffs could hit firms' profits, delay capex plans
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the…
Business
BMW profits slump on China woes, US tariffs
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling…
Business
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year Traders are set to make about US$1.4 billion in paper…
Business
AI bets that fuelled Big Tech’s surge now threaten rich profits
Some investors are questioning the amount of cash Big Tech is throwing at artificial intelligence, fuelling concerns for profit margins…
Business
Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months
A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and a weak yen…
News
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout…
Business
Mobile Marketing: Text Your Way to Profits
Mobile marketing is changing the way businesses connect with their customers. With more people using their phones for everything from…
Business
Tesla says profits plunge 71%, warns of ‘changing political sentiment’
Tesla reported a 71 per cent drop in first-quarter profits on Tuesday (Apr 22) in results that lagged analyst estimates as Elon Musk’s…
Politics
Volkswagen says first-quarter profits impacted by Trump tariffs
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had…
Business
Planned Parenthood’s Medicaid Lawfare Puts Profits over Patients
No one — not states, taxpayers, or Medicaid patients — benefits from forced funding of Planned Parenthood, and the Supreme Court should…
Business
Predictive Analytics: See Your Future Profits
Predictive analytics is a game-changer for businesses looking to boost their profits. By using data to forecast future trends and customer…
Business
China bubble tea chain Mixue profits spike 40% in 2024
Chinese bubble tea and drinks firm, Mixue Group, which has surpassed McDonald’s and Starbucks in store count to become the world’s largest…
Business
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren E. Buffett, the famed investor known for his enthusiasm for undervalued stocks and businesses, is feeling bullish these days about…
Business
Profits, Not D.E.I., Are Why Companies Exist
A prominent group of chief executives said almost six years ago that making profits for shareholders was only part of their business — and…
Business
Listed companies can dial down on diversity; profits, financial prudence, shareholder treatment matter more
LIVING in multi-racial, multi-religious Singapore – where people hail from diverse nationalities and many are foreign-born – is fun. One…
Business
McDonald’s profits dented by food poisoning outbreak
MCDONALD’S reported a dip in profits on Monday as it contended with lingering effects from a US food poisoning outbreak that depressed…
Business
MUFG looks beyond record profits to win global investors
AS JAPAN’S biggest bank heads for record profit that surpasses even its own projections, one thing is on the mind of its chief financial…
Business
Sembcorp to miss 2025 target on green business profits, drops metric from 2028 strategy
Management will not receive compensation tied to this particular sustainability goal SEMBCORP Industries will miss one of its 2025…
Business
How to Invest During a Presidency With a Deep Devotion to Profits
“The chief business of the American people is business.” That declaration by Calvin Coolidge has been shortened and simplified since that…
Business
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial…
Business
As Delta Reports Profits, Airlines Are Optimistic About 2025
This year just got started, but it is already shaping up nicely for U.S. airlines. After several setbacks, the industry ended 2024 in a…