Top Stories
H&M to cut costs as profits hit by inflation, cautious shoppers
By Anna Ringstrom STOCKHOLM (Reuters) – H&M, the world’s No.2 fashion retailer, launched a 2 billion...
29th September, 2022
corporate profits
Top Stories
Morrisons’ quarterly earnings halved amid UK consumer crunch
LONDON (Reuters) – British supermarket group Morrisons on Wednesday reported a halving of its third-...
28th September, 2022
Business
Starbucks projects profit growth from tech, stores, workers spending
By Hilary Russ SEATTLE (Reuters) -Starbucks Corp projects profits to grow between 15% to 20% per sha...
14th September, 2022
Top Stories
Electrolux flags cost cuts, warns on profit as inflation squeezes demand
By Marie Mannes COPENHAGEN (Reuters) -Sweden’s Electrolux on Monday announced plans to cut costs and...
12th September, 2022
Top Stories
Tod’s sales rise 17% in first half of year
MILANO (Reuters) – Sales at Italian fashion group Tod’s rose by 17% in the first half of the year, b...
8th September, 2022
Top Stories
Russia’s Gazprom expects increase in 2022 revenue
MOSCOW (Reuters) -Russian gas giant Gazprom showed very good results in the first half and its 2022...
31st August, 2022
Top Stories
China July industrial profits down as COVID curbs, heatwaves hit
SHANGHAI (Reuters) -Profits at China’s industrial firms sank in July, reversing previous gains as fr...
29th August, 2022
Top Stories
Commodity broker Marex confident on full year after strong first half
LONDON (Reuters) – Commodities broker Marex posted record profit in the first half amid turbulent ma...
18th August, 2022
Top Stories
UK electricals retailer AO World’s annual profit slumps on higher costs
(Reuters) -British online electricals retailer AO World posted an 87% slump in annual profit on Thur...
18th August, 2022
Top Stories
Soccer-European revenues rise 10% in 2020-21 despite COVID
LONDON (Reuters) – European soccer revenues grew by 10% in the 2020-21 season despite most an almost...
18th August, 2022
Top Stories
China’s Tencent reports first revenue drop as gaming regulations and COVID-19 bite
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings suffered its first ever quarterly sales fal...
17th August, 2022
Investing
Analysis-As earnings support U.S. stock rebound, worries over future profits grow
By Lewis Krauskopf NEW YORK (Reuters) – Stronger-than-expected corporate earnings have helped fuel t...
17th August, 2022