Profits

Rheinmetall, Germany’s leading arms manufacturer, has announced that it almost doubled its operating profit in the first half of 2024, and now has a record backlog of orders worth more …

Saudi oil giant Aramco reported half-year profits on Tuesday of $56.3 billion (around €51.2bn), down from the year before due to weakening volumes sold amid worries about the global economy. …

Elon Musk has sued OpenAI, renewing claims that the ChatGPT-maker put profits before ‘the benefit of humanity’. ADVERTISEMENT Elon Musk filed a lawsuit against OpenAI and two of its co-founders …

The company also announced 20 new product launches, including ten which are already being manufactured. ADVERTISEMENT French-Italian-American automotive giant Stellantis released its first half 2024 earnings on Thursday, reporting a …

Nvidia and other Magnificent 7 stocks have been on a tear recently, making hundreds of billions of dollars for investors. But traders can make even higher returns by riding the …

Mumbai, India’s financial capital, has seen a lot of new faces over the past year. The heads of global banks have been trooping through, visiting its stock exchanges, buying property …

California-based company reports seven-fold jump in profit to $14.88bn in first quarter. Nvidia, the chipmaker at the centre of the boom in artificial intelligence (AI), has reported a seven-fold jump …

BP’s net profit for the first quarter saw a further decline owing to weakened oil and gas prices. Despite this, the oil giant has reaffirmed its commitment to the share …

Royal Caribbean saw stronger-than-usual demand as Americans take to the seas More than half the cruise operator’s earnings growth stemmed from price hikes Its share price was near a record-high on …

The Wall Street giant’s investment banking and trading business drove the results past analysts’ estimates. ADVERTISEMENT Goldman Sachs has surprised analysts its report of a double-digit rise in revenues and …