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profitability

Chinese auto brands to improve profitability with EV upgrades -UBS

January 9, 2024
Chinese auto brands to improve profitability with ev upgrades -ubs - photo licensed by shore news network.

SHANGHAI (Reuters) – Chinese auto brands are set for better profitability in 2024 despite intensifying competition in the world’s largest auto market, UBS analysts said …

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Prosus reports $2 billion in core earnings, sees e-commerce profitability earlier

November 29, 2023
Prosus reports $2 billion in core earnings, sees e-commerce profitability earlier - photo licensed by shore news network.

By Toby Sterling AMSTERDAM (Reuters) -Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of …

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EFG shares jump 3% following record profitability

November 16, 2023November 16, 2023
Efg shares jump 3% following record profitability - photo licensed by shore news network.

ZURICH (Reuters) – EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit of more than 240 million …

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Rochester Army Contractor Sentenced for Providing Faulty Gas Mask Filters for Increased Profitability

October 4, 2023

ROCHESTER, NY – Reginald Cannon, 55, of Rochester, received a sentence of two years’ probation, a $200,000 fine, and is ordered to pay restitution amounting …

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Flexport unveils e-commerce tools as returned CEO aims to regain profitability

September 12, 2023
Flexport unveils e-commerce tools as returned ceo aims to regain profitability - photo licensed by shore news network.

By Lisa Baertlein LOS ANGELES (Reuters) – Logistics startup Flexport on Tuesday unveiled services to make it easier for small businesses to import, store and …

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Instacart reveals IPO filing, disclosing PepsiCo investment, profitability

August 25, 2023
Instacart reveals ipo filing, disclosing pepsico investment, profitability - photo licensed by shore news network.

By Niket Nishant and Anirban Sen (Reuters) -Grocery delivery service Instacart on Friday said its core business turned profitable after making public its filing for …

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Marketing firm Klaviyo discloses revenue growth, profitability in IPO filing

August 25, 2023

(Reuters) -Data and marketing automation firm Klaviyo disclosed its paperwork for an initial public offering (IPO) on Friday, reporting a surge in revenue growth and …

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New Zealand to investigate profitability, competition at banks

June 19, 2023June 19, 2023
New zealand to investigate profitability, competition at banks - photo licensed by shore news network.

SYDNEY (Reuters) – New Zealand said on Tuesday it would examine the profitability of the country’s banks and investigate whether competition in the sector was …

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Metro Bank posts second quarter of profitability on mortgage loans demand

May 3, 2023
Metro bank posts second quarter of profitability on mortgage loans demand - photo licensed by shore news network.

(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March …

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Singapore’s Grab brings forward profitability goal, sees strong 2023

February 23, 2023
Singapore's grab brings forward profitability goal, sees strong 2023 - photo licensed by shore news network.

(Reuters) -Grab Holdings Ltd, Southeast Asia’s biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline, betting …

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Netflix co-CEO yet to see a path to profitability in ‘renting big sports’

December 6, 2022
Netflix co-ceo yet to see a path to profitability in 'renting big sports' - photo licensed by shore news network.

(Reuters) -Netflix Inc co-Chief Executive Ted Sarandos on Tuesday said he has yet to see a path to profitability in live sports on the streaming …

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US Foods Fall Scoop Products Help Operators Increase Menu Profitability

September 20, 2022
Us foods fall scoop products help operators increase menu profitability - photo licensed by shore news network.

Line-up Features 22 Innovative Products to Inspire New Menu Offerings and Reduce Labor and Food Costs Rosemont, IL  (PRESS RELEASE)  US Foods Holding Corp. (NYSE: …

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OhWaiter Announces Seed Round Raise to Ease Labor Challenges and Drive Profitability of Restaurant and Hospitality Venues

September 12, 2022
Ohwaiter announces seed round raise to ease labor challenges and drive profitability of restaurant and hospitality venues - photo licensed by shore news network.

Leading AI-Driven Chatbot Product Provides Unmatched Support to Restaurant-Level Teams to Drive Guest Satisfaction Los Angeles, CA  (PRESS RELEASE)  OhWaiter Inc, the innovative hospitality company …

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Delivery Hero eyes smaller loss as it shifts focus to profitability

July 22, 2022
Delivery hero eyes smaller loss as it shifts focus to profitability - photo licensed by shore news network.

(Reuters) – German online takeaway food company Delivery Hero on Friday forecast a smaller loss for the year as it shifts its focus more firmly …

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Sabadell’s Q1 hits profitability target after lower costs, provisions

April 28, 2022
Sabadell's q1 hits profitability target after lower costs, provisions - photo licensed by shore news network.

By Jesús Aguado MADRID – Spain’s Sabadell on Thursday hit its profitability target of more than 6% earlier than expected following cost savings, lower provisions …

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Pot producer Canopy to cut 250 jobs in profitability bid

April 26, 2022
Pot producer canopy to cut 250 jobs in profitability bid - photo licensed by shore news network.

(Reuters) – Canopy Growth Corp said it would lay off about 250 employees as part of a cost-cutting plan as the Canadian pot producer tries …

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