BNP Paribas latest quarterly results are out.ANGELA WEISS | AFP | Getty ImagesBNP Paribas, the euro zone's biggest bank, posted in-line quarterly results on Thursday, as a jump in corporate financing services offset the continued retreat in trading revenue. The French lender's third-quarter net income dropped by 4% from...
The United Overseas Bank (UOB) building is pictured in the Raffles Place financial district in Singapore on August 10, 2023.Roslan Rahman | Afp | Getty ImagesSingapore's United Overseas Bank, or UOB, expected a stronger outlook for next year including better loan and fees growth, as it reported on Thursday a weaker-than-expected 1% drop in...
The logo of Italian international banking group UniCredit stands on the facade of the group headquarters, located in the Porta Nuova district, as seen from the viewpoint of Palazzo Lombardia on September 29, 2023 in Milan, Italy.Emanuele Cremaschi | Getty Images News | Getty ImagesItaly's UniCredit on Tuesday beat...
Philips office building in Warsaw, Poland on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesDutch health technology company Philips on Monday raised its full-year outlook as it beat analysts' expectations for third-quarter core profit and comparable sales.Core profit more than doubled to 457 million euros ($483.3 million), while comparable...
KitKat chocolate bars, manufactured by Nestle SA, arranged in London, U.K., on Monday, July 26, 2021. Nestle report their half-year results on July 29. Photographer: Hollie Adams/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesNestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk,...
Shoppers carry Zara bags on Fifth Avenue in New York, on Saturday, May 22, 2021.Victor J. Blue | Bloomberg | Getty ImagesZara owner Inditex on Wednesday beat expectations with a 40% jump in half-year net profit despite the world's biggest fast fashion company slowing the pace of its price...
A factory at the mobile phone plant of Rising Stars Mobile India, a unit of Foxconn in Tamil Nadu, India, on July 12, 2019.Bloomberg | Bloomberg | Getty ImagesApple supplier Foxconn beat estimates for second-quarter earnings on Monday thanks to a booming artificial intelligence sector but retained a cautious...
A young man delivers foodM_a_y_a | E+ | Getty ImagesBritish meal delivery company Deliveroo upgraded its full-year earnings guidance on Thursday after a resilient first half in challenging market conditions that saw its total orders number fall 6%.The company said it expected to make adjusted earnings before interest, tax,...
Siemens missed profit forecasts in its latest quarter, the German engineering company reported on Thursday, noting weakening demand in several markets including China.The trains-to-factory-automation manufacturer said China, long a driver for global manufacturing and its third largest market, had seen only a tepid recovery after its zero-Covid shutdown last year.Siemens...