Japanese technology giant SoftBank celebrated the world's second-biggest IPO for its mobile unit Wednesday but the newly traded shares endured a torrid time in their debut session, plunging nearly 15 percent.
Business
Dec 19, 2018
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Emirates Airline on Thursday posted an 86 percent drop in half-year profits as the Middle East's leading carrier was hit by a hike in oil prices and currency devaluations.
Business
Nov 15, 2018
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Japanese automaker Nissan on Thursday logged a 10.9-percent drop in net profit for the six months to September due to a decline in global sales and rising material costs.
Business
Nov 8, 2018
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The boss of struggling Toshiba said Thursday he would cut 7,000 jobs over the next five years as the Japanese engineering firm pulled out of foreign investments and downgraded its annual profit forecasts.
Business
Nov 8, 2018
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Industrial equipment and technology company Siemens says its net profit fell 46 percent in the most recent quarter due to expenses for severance and higher tax.
Business
Nov 8, 2018
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German high-end carmaker BMW on Wednesday posted a steep drop in quarterly profit as new emissions tests, global trade tensions and costly recalls weighed on the bottom line.
Business
Nov 7, 2018
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Japan's SoftBank Group said Monday it logged an eight-fold jump in net profit in the six months to September thanks to strong returns from its investment funds.
Business
Nov 5, 2018
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Chinese e-commerce giant Alibaba Friday posted a 54 percent boost in revenue in the second quarter and saw profits rebound ahead of Singles Day, the largest shopping holiday of the year in China.
Business
Nov 2, 2018
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5
Japanese electronics giant Panasonic said Wednesday first-half net profit slipped on higher costs linked to a factory it runs with US electric carmaker Tesla, though sales rose thanks to growth in automotive products and ...
Business
Oct 31, 2018
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5
German airline giant Lufthansa reported falling profits in the third quarter, hit by higher fuel costs and the pricey integration of defunct competitor Air Berlin.
Business
Oct 30, 2018
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5
