Industry & Trade Volkswagen reports H1 operating profit of $8.3 billion Noha Gad Jul 20, 2016 0 Volkswagen (VOWG_p.DE) reported on Wednesday its operating profit came to 7.5 billion euros ($8.3 billion) in the…
World Profit taking weighs on Asia stocks, dollar holds gains Noha Gad Jul 20, 2016 0 Profit taking weighed on Asian stocks on Wednesday after a record run on Wall Street showed signs of petering out,…
Tech news Ericsson Q2 op profit falls short of expectations Ghada Ismail Jul 19, 2016 0 Mobile telecom equipment maker Ericsson posted second-quarter operating profit and sales below market expectations…
Financial Institutions Bank of America sets new cost target under pressure from low rates Noha Gad Jul 19, 2016 0 Bank of America Corp (BAC.N) reported a 19 percent drop in second-quarter profit on Monday and set a new expense…
forex news Dollar slips vs yen on profit-taking; kiwi tumbles Noha Gad Jul 19, 2016 0 The dollar sagged against the yen on Tuesday as investors took profit after its recent rally, while the kiwi was…
Banks QNB Group net profit increases by 12 % aya salah Jul 13, 2016 0 QNB Group, the leading bank in the Middle East and Africa (MEA) region, announced its results for the six months…
Tech news LG Electronics says Q2 operating profit likely at two-year high Ghada Ismail Jul 9, 2016 0 South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely reached a two-year high,…
Tech news SoftBank expects up to $2.4 billion profit on Alibaba share sale this business year Ghada Ismail Jun 15, 2016 0 SoftBank Group Corp said on Wednesday it expects to book a profit of between 200 billion yen and 250 billion yen…
Real Estate Egypt’s SODIC Q1 net profit declines by 31 % aya salah May 31, 2016 0 Egyptian real estate developer six of October Development & Investment (SODIC) consolidated net profit declined…
Tech news HP Inc profit beats Street amid weak market for PCs, printers Ghada Ismail May 26, 2016 0 HP Inc, which houses the former Hewlett-Packard Co's legacy hardware business, reported a better-than-expected…