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Earnings

Europe’s Defense Collaboration Lacks Cooperation, Remarks Airbus CEO

by Adrian Jhonsan
Europe’s Defense Collaboration Lacks Cooperation, Remarks Airbus CEO

The chief executive of Airbus has called a lack of European collaboration on major defense projects following Russia’s full-scale invasion of Ukraine “frustrating.” Guillaume Faury told CNBC’s Charlotte Reed that …

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Categories World

‘Meta stock showcases spectacular 8% surge following fruitful earnings, credits “year of efficiency” for success’

by Ev Richard
‘Meta stock showcases spectacular 8% surge following fruitful earnings, credits “year of efficiency” for success’

Facebook CEO Mark Zuckerberg at the F8 Facebook Developers conference on April 30, 2019 in San Jose, California. Justin Sullivan | Getty Images Shares of Meta surged more than 8% …

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Categories Technology

Southwest Airlines (LUV) Reports Strong Q2 2023 Earnings.

by Craig Fedirighi
Southwest Airlines (LUV) Reports Strong Q2 2023 Earnings.

Southwest Airlines Boeing 737-700 aircraft as seen landing at dusk time at Ronald Reagan Washington National Airport DCA in Arlington County, Virginia over the Potomac River in the United States …

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Categories Business

UOB, a Singapore bank, anticipates moderate improvement in NIM following the Fed rate hike

by Adrian Jhonsan
UOB, a Singapore bank, anticipates moderate improvement in NIM following the Fed rate hike

Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s core net profit …

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Categories World

Barclays’ Q2 2023 Earnings Report Unveiled

by Adrian Jhonsan
Barclays’ Q2 2023 Earnings Report Unveiled

Barclays bank reported second quarter earnings Thursday. Bloomberg | Bloomberg | Getty Images Barclays said Thursday that it expects to earn less interest in its U.K. division, as analysts flagged …

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Categories World

Shell, the oil giant, reports $5.1 billion in profit for the second quarter.

by Milton Acorn
Shell, the oil giant, reports .1 billion in profit for the second quarter.

General view of the Shell logo. Picture Alliance | Picture Alliance | Getty Images LONDON — British oil giant Shell on Thursday reported a 47% year-on-year drop in second-quarter profit, …

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Categories Science

McDonald’s (MCD) Reports Q2 2023 Financial Results

by Craig Fedirighi
McDonald’s (MCD) Reports Q2 2023 Financial Results

In an aerial view, a sign is posted in front of a McDonald’s restaurant on April 03, 2023 in San Pablo, California. Justin Sullivan | Getty Images McDonald’s is expected …

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Categories Business

Nissan CEO Discovers Breakthrough for China Market Success Amidst Sluggish Demand

by Adesola Mojo
Nissan CEO Discovers Breakthrough for China Market Success Amidst Sluggish Demand

Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Speaking to CNBC’s Tanvir Gill on Wednesday, Uchida said …

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Categories Automobile

Analysts Lift L&T Targets Following Impressive Q1 Performance and Share Buyback

by Craig Fedirighi
Analysts Lift L&T Targets Following Impressive Q1 Performance and Share Buyback

Mumbai: Larsen & Toubro (L&T) surged to an all-time high on Wednesday – rising as much as 4.4% in early trades – as the Street cheered better-than-expected first-quarter earnings that …

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Categories Business

Meta to release second-quarter earnings after market close

by Ev Richard
Meta to release second-quarter earnings after market close

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | …

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Categories Technology
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