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…
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…
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…
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,…
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…
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,…
(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…
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…
(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…
(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…
(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…
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…
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…
(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…
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…
(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…
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…