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SINGAPORE, Nov 6 (Reuters) – Singapore’s biggest bank DBS Group (DBSM.SI) reported on Monday a 18% jump in net profit in the third quarter from a year earlier as total income grew on higher interest margin and commercial book non-interest income. DBS, which is also Southeast Asia’s largest lender by assets, said July-September net profit … Read more
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[1/2]An Estee Lauder cosmetics counter is seen in Los Angeles, California, U.S., August 19, 2019. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Nov 1 (Reuters) – Estee Lauder (EL.N) and Canada Goose Holdings (GOOS.TO), on Wednesday cut their annual forecasts as the luxury goods companies grapple with weak demand in high-growth market China. Estee’s shares tumbled … Read more
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A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 31 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) on Tuesday forecast $2 billion in sales in 2024 from a chip that aims to compete with Nvidia (NVDA.O) … Read more
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Air Canada planes are parked at Toronto Pearson Airport in Mississauga, Ontario, Canada April 28, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights Oct 30 (Reuters) – Air Canada (AC.TO) expects 2023 core profit towards the higher range of its previous forecast, it said, after beating third-quarter profit estimates on strong international travel demand. North American … Read more
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The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo Acquire Licensing Rights SEOUL, Oct 26 (Reuters) – South Korea’s SK Hynix (000660.KS) said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter loss than it did in … Read more
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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 24, 2023. REUTERS/Staff Acquire Licensing Rights STOXX 600 flat Deutsche Bank gains on Q3 revenue beat Kering slumps on weak sales, drags peers Worldline at bottom of STOXX 600 after FY target cut Oct 25 (Reuters) – European … Read more
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A Santander company logo is pictured at the company’s headquarters in Boadilla del Monte, outside Madrid, Spain, February 2, 2023. REUTERS/Violeta Santos Moura Acquire Licensing Rights Q3 profit up 20% to 2.9 bln euros vs forecast 2.77 bln euros Net interest income up 11.6% y/y in Q3, above expectations Botin confident will meet 2023 targets, … Read more
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Cans of Heineken Silver are seen on display at a supermarket in Amsterdam, Netherlands, April 20, 2023. REUTERS/Philip Blenkinsop/File photo Acquire Licensing Rights BRUSSELS, Oct 25 (Reuters) – Heineken retained its full-year outlook on Wednesday after the world’s second largest brewer sold less beer in the third quarter but still took in more money due … Read more
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Smartphone is seen in front of Microsoft logo displayed in this illustration, taken July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 24 (Reuters) – Microsoft (MSFT.O) on Tuesday beat Wall Street estimates for fiscal first-quarter results in all segments, driven particularly by strength in its cloud-computing and PC businesses. The company’s revenue rose … Read more
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The logo of Dow Jones Industrial Average stock market index listed company American Express (AXP) is seen in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Oct 20 (Reuters) – Credit card giant American Express (AXP.N) on Friday reported third-quarter profit that beat expectations, helped by resilient spending from … Read more