Brazil's Magalu blames wider quarterly loss on high borrowing costs
SAO PAULO Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais
2023-08-15 06:54
National Australia Bank's third-quarter cash profit rises 5%, announces $973 million share buyback
National Australia Bank on Tuesday reported an increase in its third-quarter cash profit, helped by rising interest rates,
2023-08-15 06:26
Russia's Alrosa reports strong diamond sales despite sanctions
LONDON Sanctions-hit Alrosa kept diamond sales in the first half of 2023 at the year-ago levels, the Russian
2023-08-15 00:48
Target set to post first quarterly revenue drop in six years as consumers cut spending
By Granth Vanaik Target is expected to post its first quarterly drop in revenue in about six years
2023-08-14 20:26
Apple supplier Foxconn cautious despite beating earnings forecasts
By Sarah Wu and Faith Hung TAIPEI (Reuters) -Apple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to
2023-08-14 17:54
Asian companies earnings estimates get boost from consumption hopes
By Gaurav Dogra and Patturaja Murugaboopathy Analysts are raising earnings estimates for Asian companies for the first time
2023-08-11 19:29
Air Canada posts quarterly profit versus year-ago loss
Air Canada reported a quarterly profit on Friday compared with a year-ago loss as Canada's largest airline cashed
2023-08-11 18:16
Singapore's Olam Group first-half profit falls 89%
Singapore's Olam Group Ltd posted an 88.8% fall in first-half profit on Friday, hurt by a lower crop
2023-08-11 17:59
Brazil airline Azul narrows loss, beating forecasts; shares jump
By Gabriel Araujo SAO PAULO Brazilian airline Azul on Thursday reported a narrower second-quarter loss, beating market expectations,
2023-08-11 01:30
Allianz sounds positive note on outlook after profit beat
FRANKFURT German insurer Allianz on Thursday was optimistic on its outlook for the full year after reporting a
2023-08-10 18:50
Zurich Insurance price hikes help it weather climate storms
By Olivier Sorgho Zurich Insurance on Thursday reported a better-than-expected half-year operating profit, helped by its Life business
2023-08-10 16:45
Analysis-Bulging warehouses mean lean times for longer for US, European companies
By Siddharth Cavale and Josephine Mason NEW YORK/LONDON Lean times faced by many U.S. and European companies may
2023-08-10 14:21