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Mercedes-Benz luxury cars fuel fat profits at Daimler

German automaker Daimler AG said Thursday that its fourth-quarter net profit jumped 18 percent—but offered only a modest outlook for future earnings as it prepares to spend heavily on new models and advanced technologies ...

dateFeb 02, 2017 in Business
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Philips profits more than double in 2016 (Update)

Dutch electronics giant Philips said Tuesday its bottom-line profit more than doubled in 2016, buoyed by gains from the flotation of its lighting business and the strong performance of its health technology division.

dateJan 24, 2017 in Business
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ASML etches 'remarkable' 2016 profit

ASML, the Dutch maker of machines used to etch computer processors and make memory chips, announced Wednesday a record 6.1 percent jump in full-year net profit.

dateJan 18, 2017 in Business
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Thomson Reuters cuts jobs as profits slip

Thomson Reuters announced a new "streamlining" plan on Tuesday to cut an estimated 2,000 jobs at the financial information group as it reported flat revenues and a drop in profits.

dateNov 01, 2016 in Business
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