TotalEnergies said it expected third-quarter hydrocarbon production to remain largely unchanged from the second quarter, as it reported a fall in net profit for the […]
Category: Business
Unilever Boosted by Margin Improvements Despite Underlying Sales Miss
Unilever reported underlying sales growth in the first half that came in slightly below forecasts, but its shares rose as analysts cheered the improvement in […]
Anglo American Swings to Net Loss on One-Off Charge
Anglo American posted a net loss in the first half on lower iron ore prices and sales and after it booked an impairment of $1.6 […]
Julius Baer Profits Fall, Miss Consensus Forecasts
Julius Baer reported lower profits for the first half of 2024 as a rise in client assets and activity was offset by higher interest expenses.
Gucci Owner Kering’s Earnings Hit by Turnaround, China Woes
The French luxury-goods group said it booked revenue of €9.02 billion, down 11% both as reported and on a comparable basis compared with the year-earlier […]
Say Goodbye to the Office Birthday Party (Thank Goodness)
Many workers hated the “Happy Birthday” ritual. Now a lot of companies are redefining the celebration to make them less annoying.
Deutsche Bank Warns of Hit From Commercial Real Estate Exposure
Deutsche Bank increased its forecast for full-year credit losses, warning that it expected continued pressure from exposure to commercial real estate, at a time a […]
BNP Paribas Confirms Outlook After Strong Second Quarter
BNP Paribas backed its guidance for the year after posting better-than-expected earnings for the second quarter, with double-digit growth in its institutional banking and capital […]
Spanish Bank Santander Raises 2024 Guidance After Earnings Beat
Spanish bank Santander raised its revenue guidance for the year after profits rose in the second quarter, .outpacing consensus forecasts.
Apple Under Investigation in Spain Over Treatment of App Store Developers
Spanish antitrust officials launched an investigation into Apple, saying the iPhone maker might be imposing unfair conditions on developers who rely on its App Store […]