firsthalf

Fortescue reported a 41% rise in first-half net profit and raised its midyear payout to shareholders, reflecting an increase in the price it fetched for its iron ore.. Fortescue reported a 41% rise in first-half net profit and raised its midyear payout to shareholders, reflecting an increase in the price it fetched for its iron ore.. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

CEO Matt Comyn said the bank expects an “uptick in our arrears and impairments.” CEO Matt Comyn said the bank expects an “uptick in our arrears and impairments.” FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

Near the very end of a wildly emotional day for the Lakers organization, Anthony Davis said he and his teammates could metaphorically take a long, deep breath. In addition to the Kobe Bryant statue reveal — Bryant was one of Davis’ most treasured mentors — Thursday concluded a tumultuous trade season that stretched for months. Rumors swirled in mid-December once the Lakers started to struggle, and by the first week of February, the team’s players were a fixture on the trade-machine websites.“I’m just glad the day…

Toyota is having a roaring year, thanks to strong demand in Japan, North America and Europe, among others. Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year. The world's biggest automaker by sales…

Carmaker Stellantis on Wednesday posted a 12% year-on-year jump in net revenues and 37% spike in net profit for the first half of 2023, boosted by higher shipments.The manufacturer of Jeep, Dodge, Peugeot and other brands recorded second-quarter net revenues of 98.4 billion euros ($108.8 billion) and a net profit of 10.9 billion euros. The company confirmed its 2023 guidance while raising its growth outlook in Europe and the Middle East & Africa from 5% to 7%.The Dutch-headquartered company, formed in 2021 from the…

Huawei Technologies said that its first-half net profit more than halved as a difficult economy curtailed demand from customers, compounding woes brought by US technology restrictions. Revenue dropped 5.9 percent year-on-year during the period to 301.6 billion yuan ($44.73 billion), with a sharper decline during January-March. "While our device business was heavily impacted, our ICT infrastructure business maintained steady growth," said Ken Hu, Huawei's rotating chairman, referring to its business to business enterprise…

Wall Street stocks fall and record worst first six months since 1970 amid recession fears and Federal Reserve's bid to curb inflation. A series of bad inflation readings have prompted the US Federal Reserve to undertake increasingly aggressive measures to try to rein in growth and pricing pressures.…