Business
German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.
Apr 15, 2024
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11
Automotive
French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.
Feb 14, 2024
0
0
Business
Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices.
Jan 31, 2024
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15
Business
The world's second-largest memory chip maker, South Korea's SK Hynix, said on Thursday it had returned to profit after four consecutive quarters of losses driven by demand for chips used in artificial intelligence.
Jan 25, 2024
0
12
Business
Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.
Jan 23, 2024
0
3
Business
Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.
Aug 3, 2023
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1
Business
Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.
Jun 5, 2023
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5
Automotive
Ford reported solid quarterly profits Tuesday behind higher vehicle volumes and an improved operating performance, but said vehicle pricing was becoming less favorable compared with last year.
May 3, 2023
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35
Automotive
Volvo Group's shares were up seven percent Wednesday after the Swedish truck-maker posted record first-quarter earnings, in a sign of an easing of supply chain disruptions and high costs that have plagued the auto industry.
Apr 12, 2023
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3
Automotive
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
0
15
Accounting profit is the difference between price and the costs of bringing to market whatever it is that is accounted as an enterprise (whether by harvest, extraction, manufacture, or purchase) in terms of the component costs of delivered goods and/or services and any operating or other expenses.
A key difficulty in measuring profit is in defining costs. Pure economic monetary profits can be zero or negative even in competitive equilibrium when accounted monetized costs exceed monetized price.
This text uses material from Wikipedia, licensed under CC BY-SA
