Keywords: Net profit
Dutch brewing giant Heineken has eliminated approximately 3,000 jobs during the first half of 2026 as part of a global restructuring programme aimed at improving efficiency, while reporting a double-digit increase in net profit. The world's second-largest brewer, behind AB InBev, said the workforce......
HSBC has announced a share buyback programme of up to $1 billion after reporting a sharp increase in first-half earnings, underscoring the British banking group's confidence in its financial position and long-term strategy. The repurchase programme is expected to be completed before the publication......
Ferrari delivered stronger-than-expected financial results for the second quarter of 2026, posting higher profitability despite a slight decline in vehicle deliveries. The Italian luxury sports car manufacturer continued to benefit from growing demand for its most exclusive models and an increasing number......
Vedanta Aluminium delivered a powerful financial debut as an independent company, reporting a more than threefold increase in quarterly profit after higher global aluminium prices and increased production significantly strengthened its earnings. The Indian aluminium producer, created following the demerger......
German reinsurer Munich Re reported stronger-than-expected second-quarter results on Friday, supported by solid operational performance and unusually low costs from major insurance claims. The company posted a preliminary net profit of around €2.2 billion ($2.50 billion) for the quarter, significantly......
German automaker Volkswagen posted a steep decline in second-quarter earnings after weaker sales in China and significant one-off charges weighed heavily on its financial performance. The disappointing results underline the mounting challenges facing one of Europe's largest car manufacturers as global......
The holding company that controls the Giorgio Armani fashion empire reported a sharp increase in profitability for 2025, delivering its first annual financial results since the death of founder Giorgio Armani. The figures highlight the group's financial resilience while revealing ongoing legal and......
KBC Group reported first-quarter earnings below market expectations as the Belgian financial institution increased its reserves to protect against growing geopolitical risks linked to tensions in the Middle East. The banking group announced a quarterly net profit of 557 million euros, a figure slightly......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
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