From breakingthenews.net
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Adidas Q1 net sales rise by 4% to € 5.46 billion
Adidas AG announced on Tuesday its revenue in the first quarter of the fiscal year 2024 observed an annual rise of 4% to reach €5.46 billion when calculated in euros. Meanwhile, the currency-neutral r
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Volkswagen's Q1 sales revenue down 1% to €75.5B
The Volkswagen Group announced on Tuesday that its sales revenue in the first quarter of fiscal 2024 landed at €75.5 billion, declining by 1% compared to the same period a year earlier.Vehicle sales w
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Asia-Pacific trades mostly higher after data batch
Major stock indexes in the Asia-Pacific region traded mostly higher on Tuesday, before a pause for the Labor Day Holiday and following a batch of fresh data from two main economies in the region. In J
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Musk reportedly planning to fire more Tesla staff
Tesla Inc. and SpaceX Chief Executive Officer (CEO) and X Corp. Chairman Elon Musk is seeking to prolong the recent wave of layoffs at the former company, The Information reported on Tuesday.The firin
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Mercedes-Benz's Q1 revenue drops 4% to €35.9B
Mercedes-Benz Group AG said on Tuesday that its revenue in the first quarter of fiscal 2024 amounted to €435.9 billion, falling 4% compared to the same period of 2023.Net profit plunged 25% to €3 bill
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Lufthansa's revenue in Q1 up 5% to €7.4B
Deutsche Lufthansa AG revealed on Monday in a press release that its group revenue in the first quarter of fiscal 2024 rose 5% on an annual basis to stand at €7.4 billion.In the January to March perio
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Santander's net profit up 11% to €2.8B in Q1 of 2024
Banco Santander SA reported on Tuesday that its net profit was €2.57 billion in the first quarter of 2024 year over year.According to the bank's report, net interest income amounted to a record €11.9
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US says Houthis fired missiles at Greece-owned ship
The United States Central Command (CENTCOM) reported that the Yemeni militant group Houthis fired three anti-ship ballistic missiles and three drones at a Malta-flagged ship owned by Greece. According
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Israeli drone strike kills 2 in Gaza City
A drone attack conducted by the Israeli Defense Forces (IDF) on a house in the Tuffah neighborhood of Gaza City on Tuesday resulted in two Palestinian casualties, Wafa reported.Several others were inj
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HSBC posts revenue of $20.8B in Q1
HSBC Holdings plc announced on Tuesday its revenues increased by 0.3% from the same period a year ago to $20.8 billion in the first fiscal quarter of 2024.The bank's profit before tax decreased by $0.
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Barclays could take over Goldman's GM partnership
Barclays plc is in negotiations with Goldman Sachs Group Inc. to take over its General Motors Co. credit card program, the Wall Street Journal reported. Goldman partnered with GM on the scheme in 2020
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China expels 2 Philippine ships from Scarborough Shoal
The China Coast Guard (CCG) announced on Tuesday that it had expelled two Philippine vessels from the waters off of the disputed Scarborough Shoal, also known as Huangyan Island, Global Times reported