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Financial Market News
You are at:Home»Posts Tagged "profit" (Page 7)

Hugo Boss shares plunge on profit warning amid slumping China demand

By FinMar NewsJuly 22, 2024

Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao’an International Airport.Alex Tai | SOPA Images | LightRocket | Getty Images)Hugo Boss…

Revolut boss confident on UK bank license approval after record profit

By FinMar NewsJuly 2, 2024

Nikolay Storonsky, founder and CEO of Revolut.Harry Murphy | Sportsfile for Web Summit via Getty ImagesLONDON — The boss of British financial technology giant Revolut told…

Vietnam banks’ H2 profit, credit growth hinge on real estate recovery:

By FinMar NewsJune 29, 2024

By Nguyen Thoan, Hai Yen Sat, June 29, 2024 | 8:26 am GMT+7

$30,000 EV coming in two and a half years, at a profit

By FinMar NewsJune 29, 2024

An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023.Nathan Howard | Getty ImagesFord Motor expects to introduce…

Govt to abolish tax on banks’ profit

By FinMar NewsJune 26, 2024

ISLAMABAD: Despite severe economic challenges, the government may abolish up to a 15% additional income tax on the profits that banks make by extending loans to…

AI to Add $170 Billion Profit to Global Banking

By FinMar NewsJune 20, 2024

Artificial intelligence is expected to be a boon to the financial sector with a Citi survey forecasting that it will add $170 billion in global banking…

Digital bank Monzo posts first full year of profit after more than doubling

By FinMar NewsJune 3, 2024

A Monzo debit card being used at a payment terminal.MonzoMonzo, the British digital challenger bank, on Monday reported its first full year of profitability.The fintech startup…

Ryanair posts record profit as passengers soar above pre-Covid level

By FinMar NewsMay 20, 2024

Low-cost carrier Ryanair on Monday reported its best-ever annual profit, as passenger and revenue growth offset sharply higher operating costs, but flagged a weaker pricing environment…

Emirates airline chalks record annual profit as travel demand booms

By FinMar NewsMay 13, 2024

An Emirates Airlines planeKarim Sahib | AFP | Getty ImagesDUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2…

China’s SMIC warns of fierce chip competition as it misses profit estimates

By FinMar NewsMay 10, 2024

BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in…

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