HSBC banks lower profits on higher costs
Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was 鈥榳ell positioned鈥� to deal with the effects of US tariffs...
Tags : profits
General Motors profits fall
Auto giant General Motors reported lower second-quarter profits Tuesday following a $1.1 billion hit from US tariffs but confirmed its full-year forecast...
NGOs falling into debt trap
NON-GOVERNMENTAL organisations, once defined by a spirit of solidarity and service, are undergoing a quiet transformation. What began as a sector rooted in volunteerism and rights-based development is now becoming increasingly entangled in financial markets. Many NGOs, particularly in the Global South, are shifting from grant-based programming to...
Saudi Aramco net profits drop by 4.6pc in Q1
Oil giant Saudi Aramco on Sunday reported a drop of 4.6 per cent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom鈥檚 ambitious economic reform plans...
ExxonMobil profits dip as it gives back almost $10b to investors
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions...