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profit

Europe 2 years ago

Dutch House of Orange got $600 million from colonies

The "State and Slavery" study, which examines the role of the Dutch government and related institutions in colonial slavery, and the after-effects, was presented to Dutch parliament on Thursday.

Companies 2 years ago

Mining giant Vale's profits fall nearly 60 percent

This was expected due to lower shipments of iron ore, the newspaper Valor Economico reported.

Companies 2 years ago

Tesla profits fall on vehicle price cuts sending shares down

Faced with more EV competition from other automakers, Tesla has undertaken a series of price cuts in 2023, most recently over the last 24 hours on some models in the United States.

Companies 2 years ago

Netflix says subscriber numbers hit record high

The streaming television giant reported a quarterly profit of $1.3 billion, in line with expectations, but said it had delayed a broad crackdown on sharing of account passwords "to improve the experience for members."

Companies 2 years ago

Huawei says profits fell 69% in 2022

The company generated 35.6 billion yuan ($5.2 billion) in net profit in 2022, it said, down 68.7 percent from a record 113.7 billion last year.

Academia 3 years ago

PREMIUM
Accelerating Indonesia’s aviation finance in 2023

Given the airline's ties with international creditors like Airbus and several lessors, Garuda Indonesia must still anticipate potential losses from fluctuating foreign exchange rates in a debt restructuring.

Companies 3 years ago

Shell annual profit hits record $42 billion

The post-tax figure was more than double the amount achieved in 2021, the group's earnings statement revealed.

Companies 3 years ago

ExxonMobil reports record profits of $55.7 billion in 2022

In the fourth quarter, profits rose 43.7 percent to $12.8 billion, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.