Mexico’s Televisa posts 47% jump in Q3 net profit
(Reuters) – Grupo Televisa, Mexico’s largest broadcaster, on Thursday said its third-quarter net profit jumped 47% from a year earlier, boosted by lower financial expenses. …
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Mexico’s Alsea posts 83% jump in Q3 net profit
MEXICO CITY (Reuters) – Mexican restaurant operator Alsea reported on Thursday a 83% jump in its third-quarter net profit, hitting 316.7 million pesos ($15.7 million), …
Brazil central govt posts better-than-expected primary surplus in September
BRASILIA (Reuters) -Brazil’s central government posted a better-than-expected primary budget surplus in September, Treasury data showed on Thursday, boosted by dividends from the state-owned oil …
Car parts maker Valeo posts slight Q3 sales beat, confirms guidance
(Reuters) – French car parts maker Valeo on Thursday posted third-quarter sales slightly above expectations and confirmed its full-year guidance. Valeo, which specialises in the …
Mexico’s Cemex posts third-quarter profit after raising prices
By Kylie Madry and Noe Torres MEXICO CITY (Reuters) -Mexican cement producer Cemex posted a profit for the third quarter Thursday on higher prices, though …
Hit by game delays and cancellations, Ubisoft posts half-year net loss
(Reuters) – French video game maker Ubisoft said on Thursday its net result turned into a loss in the half-year, citing lost research and development …
Brazilian airline Gol posts smaller Q3 net loss on record revenue; shares jump
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Gol on Thursday reported a narrower third-quarter net loss on a yearly basis even as it was …
Credit Suisse posts Q3 loss of 4 billion Swiss francs
ZURICH (Reuters) – Credit Suisse Group lost 4 billion Swiss francs ($4.06 billion) in the third quarter, badly missing the average estimate of 413 million …
Fazoli’s Posts Another Astounding Period with April Sales Yielding 60% Increase YOY and 26% Increase Over 2019
America’s largest premium QSR Italian chain sees April sales up 60% month-to-date and two-year sales comparisons up 26% Lexington, KY (RestaurantNews.com) Fazoli’s historical streak of …
Is your New Jersey Facebook feed flooded with political posts from friends? Here’s why
Do you notice your Facebook feed filling up lately with political posts by your friends? Sometimes, it can be frustrating. You just want to see …
Euro zone posts record trade deficit in August amid soaring energy prices
BRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 19 countries in 2015, as high energy prices …
Italy industry output posts surprise jump in August
ROME, Oct 11 (Reuters) – Italian seasonally and workday-adjusted industrial output was much stronger than expected in August, jumping 2.3% from the month before, but …
Dem Wisconsin Senate Challenger Posts Massive Fundraising Haul, Still Trails In Polls
Dem Wisconsin Senate Challenger Posts Massive Fundraising Haul, Still Trails In Polls Arjun Singh on October 5, 2022 Democratic Lt. Gov. Mandela Barnes of …
U.S. construction spending posts biggest drop in 1-1/2 years in August
WASHINGTON (Reuters) – U.S. construction spending fell by the most in 1-1/2 years in August, pulled down by a sharp decline in outlays on single-family …
Norway posts soldiers at oil, gas plants after Nord Stream leaks
OSLO (Reuters) – Norway’s military said on Monday it had posted soldiers to help guard major onshore oil and gas processing plants, part of a …
Lego posts strong growth on robust demand, new store openings
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Lego on Wednesday posted double-digit sales growth in the first half of the year, driven by new store openings …
S.Korea Aug PPI posts first monthly fall in two years – central bank
SEOUL (Reuters) – South Korea’s producer price pressures eased in August, posting the first monthly fall in nearly two years, central bank data showed on …
Bulgaria’s current account posts 1.0%/GDP surplus through July
SOFIA (Reuters) – Bulgaria posted a current account surplus of 803.7 million euros ($801.6 million), equal to 1.0% of economic output in the first seven …
Brazil posts deflation in August as fuel prices fall
By Peter Frontini SAO PAULO (Reuters) – Brazilian consumer prices decreased 0.36% in August, marking the second consecutive month of deflation as fuel prices dip, …
Brazil posts trade surplus of $4.165 billion in August, above expected
(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports …
Saudi woman gets 45-year prison term for social media posts -rights group
By Aziz El Yaakoubi RIYADH (Reuters) – A Saudi Arabian court has sentenced a woman to 45 years in prison for social media posts, a …
Brazil posts biggest current account deficit for May in eight years
BRASILIA (Reuters) – Brazil posted a current account deficit of $3.5 billion in May, the worst result for the month in eight years, amid trade …
‘How Great You Are Hitler:’ NYT Freelancers Caught Making Antisemitic Posts Again
‘How Great You Are Hitler:’ NYT Freelancers Caught Making Antisemitic Posts Again Justine Brooke Murray on August 25, 2022 Two Palestinian journalists who freelance with …
Australia’s Lynas posts record profit on solid rare earths demand
(Reuters) – Australia’s Lynas Rare Earths posted a record more than three-fold jump in annual profit on Friday, boosted by soaring demand for the specialized …
Chinese battery giant CATL posts strong Q2 profit on robust EV sales
SHANGHAI (Reuters) – CATL, the world’s largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese authorities rolled …
Australia’s Treasury Wine posts higher profit on U.S. sales, price hikes
(Reuters) – Treasury Wine Estates Ltd posted a 5.3% rise in annual profit on Thursday, as strong U.S. sales and price hikes more than offset …
SGX posts record revenue, profit inches up on derivatives boost
(Reuters) -Singapore Exchange Ltd said on Thursday it posted a marginally higher adjusted profit and record revenues, helped by the bourse operator’s push towards its …
Brazil’s Cosan posts $25 million Q2 net loss
SAO PAULO – Brazilian holding company Cosan SA on Friday reported a net loss in second quarter, as a higher interest rate raised its cost …
Colombia’s Grupo Argos posts 8% rise in Q2 net profit
(Reuters) -Colombian industrial conglomerate Grupo Argos’ second-quarter net profit rose 8% from the same period a year before, the company said on Friday, boosted by …
Chile’s Cencosud posts Q2 net loss of $21.9 million
SANTIAGO – Chilean retailer Cencosud on Thursday said its net loss in the second quarter was of $21.9 million. Cencosud, one of South America’s largest …
Japan’s GPIF posts $28 billion Q1 investment loss on market turbulence
TOKYO -Japan’s Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) for April-June, the second consecutive quarter …
Saudi Arabia posts almost $21 billion second-quarter surplus
By Yousef Saba DUBAI – Saudi Arabia has registered a budget surplus of nearly 78 billion riyals ($21 billion) in the second quarter of 2022, …
Beiersdorf posts 10.5% organic sales growth in H1, affirms outlook
BERLIN – Nivea owner Beiersdorf posted 10.5% organic sales growth in the first half of the year, it said on Thursday, affirming its guidance for …
Tenaris posts 167% rise in Q2 core profits
(Reuters) – Steel pipe maker Tenaris reported a 167% increase in core profit in the second quarter with sales improving sequentially also thanks to further …
Adidas posts 28% decline in Q2 operating profit despite sales increase
BERLIN – Adidas on Thursday said operating profit fell by 28% in the second quarter to 392 million euros ($398.43 million), as results suffered from …
Brazil posts $5.4 billion trade surplus in July, lower than expected
BRASILIA – Brazil posted a lower than expected trade surplus of $5.444 billion in July, official data showed on Monday, with growth in imports again …
Japan Airlines posts narrower Q1 operating loss
TOKYO – Japan Airlines on Monday posted a narrower 30.2 billion yen ($228 million) operating loss for the first quarter, aided by a recovery in …
‘More Money Than God’: Big Oil Posts Record-Breaking Profits in Second Quarter
‘More Money Than God’: Big Oil Posts Record-Breaking Profits in Second Quarter John Hugh DeMastri on July 29, 2022 UPDATE: This piece has been updated …
Brazil’s Raia Drogasil posts 48% increase in Q2 adjusted net profit
(Reuters) – Brazilian pharmacy chain Raia Drogasil SA posted on Friday a 48% increase on its second-quarter adjusted net profit. The company’s profit rose to …
Exxon posts record-breaking second-quarter profit
By Sabrina Valle HOUSTON – Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as …
Singapore lender UOB posts 11% rise in Q2 net profit
SINGAPORE – Singapore’s smallest listed lender, United Overseas Bank (UOB), reported a rise of 11% in second-quarter profit, supported by a strong improvement in net …
Mexico’s Cemex posts earnings drop, cuts operating profit forecast
By Kannaki Deka and Isabel Woodford (Reuters) – Mexican cement producer Cemex SAB de CV on Thursday posted a near 2% fall in second-quarter earnings …
Brazil’s Assai posts nearly 21% jump in quarterly profit
(Reuters) – Brazilian cash-and-carry chain Assai reported a 20.7% increase in second-quarter net profit, compared to the same period last year, to reach 319 million …
Valeo posts profit beat amid ‘improving’ chip shortage, EV adoption accelerates
(Reuters) – French car parts maker Valeo on Tuesday posted slightly better-than-expected half-year core profit and reiterated its full-year guidance, citing a projected increase in …
Swedish utility Vattenfall posts 54% profit rise
STOCKHOLM – Swedish utility Vattenfall reported a 54% rise in second-quarter operating earnings on Friday as higher electricity prices across the Nordic region, Germany and …
Global ESG bond issuance posts H1 dip as supranationals cut back
By Patturaja Murugaboopathy and Simon Jessop LONDON – Global issuance of bonds focused on environmental or social projects fell in the first half of the …
Uniqlo owner posts record quarterly profit, lifts annual forecast
TOKYO – Japan’s Fast Retailing, the owner of clothing brand Uniqlo, posted record quarterly profit on Thursday, as the weaker yen and strong sales in …
Emerging market fund Ashmore shares hit 13-yr low as investors pull out cash
LONDON -Shares in emerging markets investment firm Ashmore fell to a 13-year low on Thursday after it reported a much heavier-than-expected $6.6 billion exodus from …
Musk breaks silence on Twitter, posts a picture with the pope
(Reuters) – Elon Musk on Friday night broke his nine-day silence on Twitter, the social media platform he is trying to buy for $44 billion, …
Brazil posts trade surplus of $8.8 billion in June
BRASILIA – Brazil’s trade surplus reached $8.814 in June, official figures showed on Friday, below market expectations. Economists polled by Reuters had projected a $9.994 …