Luxury carmaker Ferrari posts 21% hike in full-year profit, sees 2025 growth

The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty ImagesLuxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.Ferrari posted net profit of 1.53 billion...

Read more...

Ryanair cuts passenger traffic goal again on Boeing delays

Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024.John Macdougall | Afp | Getty ImagesBudget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the December quarter, but once more cut its passenger...

Read more...

British oil giant BP posts $2.3 billion in third-quarter profit

British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBritish oil major BP on Tuesday reported stronger-than-expected third-quarter profit.The energy firm posted underlying replacement cost profit, used as a proxy for net profit, of $2.3 billion for the...

Read more...

Norway sovereign wealth fund posts Q3 earnings 2024

The headquarters of the Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Jan. 30, 2024.Bloomberg | Bloomberg | Getty ImagesNorway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).The so-called Government Pension Fund Global, one of the world's largest investors,...

Read more...

World’s largest sovereign wealth fund posts $138 billion in H1 profit

The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks.The so-called Government Pension Fund...

Read more...