China’s biggest state-owned airlines reported losses in the first half of the year. They faced a slower-than-anticipated resurgence in foreign travel, local oversupply, and increased rivalry…
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The Japanese technology giant SoftBank Group reported a net profit of 328.9 billion yen ($2.11 billion) for the January–March quarter. This marked a sharp increase over…
Frankfurt – The investment bank Deutsche Bank (DBKGn.DE) on Thursday reported a 10% increase in first-quarter earnings that was better than anticipated. The firm’s revenue was…
On Tuesday, a workers’ union reported that ANZ Group (ANZ.AX), Australia’s fourth-largest bank, has announced plans to cut 170 jobs at its commercial banking operations. Australian…
Australia’s Westpac Banking Corp (WBC.AX) on Monday dropped a cost-cutting goal, blaming inflation, but after easily exceeding first-half profit projections, investors drove the stock higher. May…