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 on Tuesday, thanks to upgrades …
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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 2024, citing improved profitability in …
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ZURICH (Reuters) – EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit of more than 240 million Swiss francs ($270.09 million) for …
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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 to $315,944 for wire fraud, …
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By Lisa Baertlein LOS ANGELES (Reuters) – Logistics startup Flexport on Tuesday unveiled services to make it easier for small businesses to import, store and restock goods they sell on …
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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 a long-awaited stock market launch, …
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(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 profitability in its most recent …
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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 working well for consumers. The …
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(Reuters) – Metro Bank on Wednesday said it had reached underlying profitability for the second consecutive quarter, as net inflows picked up pace in March on a revival in demand …
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(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 on strong demand for its …
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(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 service. Sarandos said the economics …
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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: USFD) announced today the launch …
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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 easing the labor challenges and …
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(Reuters) – German online takeaway food company Delivery Hero on Friday forecast a smaller loss for the year as it shifts its focus more firmly to profitability in the improving …
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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 and a positive contribution from …
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(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 to achieve long-elusive profitability. Most …
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By Jesús Aguado MADRID -Spain’s Banco Sabadell expects to hit its 6% profitability target a year early, it said on Thursday after posting better than forecast quarterly and annual profit …
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By Ron Bousso LONDON – BP says its fast electric vehicle chargers are on the cusp of becoming more profitable than filling up a petrol car. The milestone will mark …
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LONDON – Banks in the European Union became more profitable in the third quarter of 2021, with government support during the pandemic helping to push down the number of loans …
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By Matt Scuffham NEW YORK -Goldman Sachs Group Inc plans to issue new profitability targets for the next three years, consistent with longer-term goals it set in 2020, thanks in …