The logo of German bank Commerzbank seen on a branch office near The Commerzbank Tower in Frankfurt.Daniel Roland | Afp | Getty ImagesGermany's Commerzbank said on Wednesday that net profit rose 29% in the first quarter, its strongest quarterly profit in a decade, and it raised its outlook for...
The Foxconn factory campus in Longhua town, Shenzhen, China.South China Morning Post | South China Morning Post | Getty ImagesApple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the period a year earlier, but...
Jobseekers during a Construction Career Fair at Cape Fear Community College in Wilmington, North Carolina, US, Wednesday, March 15, 2023. Allison Joyce | Bloomberg | Getty ImagesInitial filings for unemployment benefits hit their highest level since late August 2023 in a potential sign that an otherwise robust labor market is...
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 ImagesUniCredit raised its investor reward...
A Lucid showroom in New York City on Aug. 19, 2023.Adam Jeffery | CNBCLucid Group reported first-quarter revenue above analysts' estimates on Monday as price cuts helped the company deliver more luxury electric sedans in the first three months of 2024.Shares of the Newark, California-based firm fell about 3%...
Lionel Bonaventure | AFP | GettyImagesCredit Agricole, France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals.Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48...
French bank Societe Generale reported second quarter results for 2023.Chesnot | Getty Images News | Getty ImagesFrench bank Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income trading. France's...
Standard Chartered posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates bolstered earnings at the emerging markets-focused lender.Bloomberg | Bloomberg | Getty ImagesStandard Chartered posted on Thursday a 5.5% rise in its first-quarter pretax profit, beating estimates, as higher interest rates...
A sign is posted outside of the PayPal headquarters in San Jose, California.Justin Sullivan | Getty ImagesPayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter.Shares of the company...
An Airbus A350-941 is undergoing a test flight at Toulouse Blagnac Airport in Toulouse, France, on December 8, 2023. Urbanandsport/ | Nurphoto | Getty ImagesAirbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for...