Tag:

Profits

Is Pirelli hiding Russia profits? Short-seller report triggers crash

Italian tire giant Pirelli saw its shares take a dramatic tumble on Thursday after U.S. short-seller Grizzly Research announced a short position in the company, raising serious allegations about its operations in Russia.

04 Jun 2026-12:15
Pope Leo visits Italy's 'Triangle of Death' toxic waste site

Pope Leo XIV issued a scathing critique of corporate greed on Saturday, condemning companies that rake in "dizzying" profits at the expense of the environment and human health.

23 May 2026-13:40
SoftBank’s OpenAI bet boosts profits but raises debt fears

Japanese tech investor SoftBank Group is expected to post another strong quarterly profit this week as its aggressive investment in OpenAI continues to fuel gains. But the company’s growing debt burden is drawing increasing attention from analysts and credit agencies.

12 May 2026-09:20
Companies making billions from Iran war - from oil giants to banks

As households across the globe count the costs of the US-Israel war in Iran, some companies have been counting bumper profits instead.

08 May 2026-09:17
European corporates head for best earnings growth in three years

European blue chip companies are on track to post their strongest quarterly earnings growth in more than three years, driven largely by surging profits in the energy sector, according to the latest LSEG I/B/E/S data released on Thursday.

07 May 2026-20:16
Philips sees strong profit growth in first quarter

Philips reported that its first-quarter profits doubled year on year, while maintaining its sales outlook as the company continues efforts to move beyond a long-running scandal involving defective sleep apnea devices.

06 May 2026-09:54
Volkswagen struggles deepen as quarterly profit drops

Volkswagen’s future is at risk without additional cost-cutting measures, the struggling German automotive giant warned on Thursday, after reporting a sharper-than-expected decline in profits as mounting headwinds continue to pressure the company.

30 Apr 2026-13:22
Adidas posts higher profit as North America, China drive growth

German sportswear giant Adidas on Wednesday reported a rise in quarterly profits, driven by stronger sales across key markets, while warning of a “very volatile” and highly competitive global retail environment.

29 Apr 2026-12:18
Tesla stock steady as $250m tariff boost lifts profits

Tesla shares traded in a tight range on Monday as investors weighed a modest earnings boost from a $250 million tariff refund against broader concerns over supply chain risks and weak medium-term momentum.

27 Apr 2026-10:38
AI, chips fuel sharp rise in China industrial profits

China’s industrial sector recorded strong profit growth in the first quarter of 2026, as proactive macroeconomic policies helped offset the effects of a complex economic environment and strengthened momentum in high-end manufacturing, according to official data released on Monday.

27 Apr 2026-09:44