Tesla reported its lowest profit margin in more than five years on Tuesday and missed Wall Street earnings targets in the second quarter, as the…
Posts tagged as “profit”
Workers at Volkswagen threatened strikes on Wednesday unless management backed down from planned factory closures in Germany, adding to the troubles facing Europe’s largest carmaker…
A “recessionary feel around Europe” may be a factor in slower-than-expected growth in airfares, Ryanair CEO Michael O’Leary said on Monday as the low-cost carrier…
Dubai’s Emirates Group, operator of the world’s largest long-haul carrier, reported on Monday annual profits of $5.1 billion for the financial year ending March, a…
Saudi Aramco on Tuesday said its net profit fell 14.5% on an annual basis to nearly $27.3 billion in the first quarter, as the Gulf…
Swiss banking behemoth UBS on Tuesday reported a 71% increase in first-quarter net profit, reaching nearly $1.8 billion, far surpassing expectations, after experiencing two consecutive…
Saudi oil giant Aramco on Sunday reported it made $121.3 billion in profit in 2023, down from its 2022 record due to lower energy prices,…
European Union countries have decided to endorse a preliminary agreement allowing the retention of profits from hundreds of billions of dollars in Russian assets that…
The grounding of Boeing 737 Max 9 jetliners will reduce Alaska Airlines’ full-year profit by $150 million and slow down its planned growth, the company…
Spotify will cut the number of its employees by around 17%, the music streaming giant said on Monday, in a bid to curb costs amid…