US machinery makers eye bumper earnings for now, but inventory glut looms
By Bianca Flowers CHICAGO U.S. equipment makers are likely to face excess inventory early next year as demand
2023-07-26 18:30
Hilton raises full-year profit forecast on strong travel demand
Hilton Worldwide Holdings Inc raised full-year adjusted profit forecast on Wednesday, as the U.S. hotel operator expects pent-up
2023-07-26 18:20
With 50 senior hires, Deutsche Bank sees advisory business at turning point
FRANKFURT Deutsche Bank on Wednesday said that it had hired 50 senior bankers in the origination and advisory
2023-07-26 18:19
Rio Tinto posts lowest H1 profit in 3 years on weak iron ore prices, cuts dividend
(Reuters) -Rio Tinto slashed its interim dividend on Wednesday as the miner reported its lowest first-half underlying earnings in three
2023-07-26 14:48
Aston Martin posts smaller quarterly loss, keeps 2023 forecast
British luxury carmaker Aston Martin kept its 2023 forecast unchanged on Wednesday after reporting a smaller pretax loss
2023-07-26 14:26
Porsche confirms forecast on 10.7% higher operating profit in H1
BERLIN (Reuters) -Porsche AG on Wednesday reported a rise in operating profit of 10.7% to 3.85 billion euros ($4.25 billion)
2023-07-26 14:23
Puma reports higher Q2 sales
German sportswear maker Puma on Wednesday said its second-quarter sales grew by 11%, slightly ahead of market expectations,
2023-07-26 14:22
Stellantis operating profit rises 11% in H1 topping forecasts
MILAN Carmaker Stellantis said on Wednesday its operating profit rose 11% in the first half of this year,
2023-07-26 14:16
Deutsche Bank Q2 profit falls 27% on investment banking slump
FRANKFURT (Reuters) -Deutsche Bank posted on Wednesday a 27% fall in second-quarter profit as investment banking revenues slumped, but the
2023-07-26 13:54
Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales
2023-07-26 13:26
LG Display posts 5th consecutive quarterly loss
SEOUL South Korea's LG Display on Wednesday posted its fifth consecutive quarterly loss as poor demand for mobile
2023-07-26 12:51
SK Hynix says memory chip recovery has begun, flags robust AI demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix said on Wednesday the memory chip market was
2023-07-26 10:54