Prosus expects surge in profits on e-commerce, Tencent growth

Prosus expects surge in profits on e-commerce, Tencent growth Core headline earnings per share from…

Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%

Bank of America told investors to “take profits” on June 5, and many of them did.…

Spar CEO confronts ‘execution problems’ as profits tumble

South African retail giant The Spar Group Ltd has announced its interim financial results for the…

IATA issues stark message on fuel costs and airline profits

Anyone who has booked a flight lately knows fares aren’t cheap. Jet fuel is one of…

Airline industry’s profits could be cut in half as it braces for its worst year since the pandemic

Even as travelers keep flying, airlines’ profits could be cut in half, thanks in part to…

SpaceX-Tesla merger would create a $3.4 trillion company—with no profits

On May 27, CNBC reported that, according to a Tesla employee and others familiar with the…

Afrimat profits surge, but diesel spike is a worry

Construction materials and mining group Afrimat posted at 20.3% jump in group revenue to R10 billion…

M&S recovering after profits hit by cyber attack – Daily Business

Marks & Spencer: a year of two halves Marks & Spencer said it had seen “a…

Shell says profits rise as Iran war boosts trading and oil price

Shell Plc said its profits surged in the first quarter as the Iran war drove oil…

Shell profits surge, Centrica buys power station – Daily Business

Shell: billion dollar boost (pic: DB Media Services) Energy companies continue to post strong figures, with…

Half of Google’s and Amazon’s blowout ‘AI profits’ came from Anthropic—not their core business

Four of the largest U.S. tech companies reported earnings Wednesday afternoon, confirming an AI capital expenditure…

Glencore’s traders score big profits as war rattles energy markets

Glencore’s oil and gas team made bumper profits as the Iran war roiled global energy markets,…

Lloyds profits jump as it reaffirms guidance – Daily Business

Solid performance: Lloyds Banking Group Lloyds Banking ?Group posted a 33% ?rise in first ?quarter profit, ?beating…

Miliband accused of dishonest post on BP profits – Daily Business

Ed Miliband: deleted post Business leaders in the northeast have criticised Energy Secretary Ed Miliband for…

Oil and gas profits surge as drivers face higher fuel prices amid Iran war

If drivers saddled with pricey fees at the pump have been one of the biggest economic…