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Shell posts $28 billion 2023 profit, boosts dividend

Shell on Thursday reported a 2023 profit of $28 billion, a 30% drop from the previous year's record as energy prices and demand cooled,...

Burberry’s weakness could turn into an investor opportunity

Burberry’s weakness could turn into an investor opportunity. Shares in the maker of pricey trench coats and check scarves are down 45% from a...

Boeing hits 2023 jet delivery goal in blockbuster sales year

Boeing met its jetliner delivery goals and recorded a 70% boost to annual net orders in 2023, reflecting a record-shattering year of sales for...

OGDCL earned Rs133.78bln profit in FY2022: report

ISLAMABAD: The finance ministry on Tuesday released a report, showing Oil and Gas Development Limited's (OGDCL) profit crossing Rs133 billion in FY2022, as compared...

BlackBerry posts surprise quarterly profit on resilient cybersecurity demand

Canada's BlackBerry (BB.TO) reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats. While IT spending has...

Tanishq owner beats profit view on strong jewellery demand

Indian jeweller and watch maker Titan Company on Friday reported a bigger-than-expected second-quarter profit, aided by the strong sales of its Tanishq gold jewellery. Titan,...

Zomato posts first-ever profit

India's Zomato posted its first-ever profit on Thursday, one quarter earlier than expected, helped by a tax gain and strong orders in its food...

Airlines more than double 2023 profit outlook

Global airlines on Monday more than doubled their forecast for the industry's 2023 profit but warned delays in getting planes to cope with rising...

flydubai announces record full-year profit

flydubai has today, 01 March 2023, announced its Annual Results for the year ending 31 December 2022 reporting historic profit of AED 1.2 billion...

HBL delivers profit of Rs 77 billion in 2022, up 24% YoY, with enhanced focus and commitment to its clients

KARACHI: HBL today declared a consolidated profit before tax of Rs 77 billion for the year ended December 31, 2022, an increase of 24% over...

Shell smashes record again with $11.5 billion profit

Shell on Thursday reported a second quarter profit of $11.5 billion, smashing its previous record just three months earlier, lifted by a tripling of...

PSX report reveals companies made profit of Rs822 in FY22

KARACHI: Pakistan Stock Exchange (PSX) on Friday has released the performance report for the first nine months of the current fiscal year 2021-22, ARY...

Air Arabia delivers record 2021 net profit

Air Arabia today announced a record financial results for the fourth quarter and for full year ending December 31, 2021, despite the prevailing impact...

Emirates expects to return to profit in ‘next 18 months’

Aviation giant Emirates expects to return to profitability "in the next 18 months" as the sector bounces back from the Covid pandemic, its president...

Air Arabia posts solid third quarter net profit

Air Arabia has announced financial results for the third quarter of the current year ending September 30, registering a strong net profit of AED209...

Visa beats profit estimates on travel, online spending boom

Visa's quarterly profit topped Wall Street expectations on Tuesday, as a recovery in travel and an improving global economic picture drove volume growth at...

Industries ministry sets retail price of sugar at Rs88.24 per kilo

ISLAMABAD: The federal industries ministry has Friday fixed the retail prices of sugar at Rs88.24 a kilo with immediate effect noting that all the...

UK plans to tax firms that profited from pandemic: Sunday Times

The government has summoned companies to discuss how an online sales tax would work, while plans are also being drawn up for a one-off “excessive profits tax”, the newspaper reported.

Oil giant Shell rebounds into profit in third quarter

Profit after tax for July-September was boosted by steadier oil prices and contrasted with a vast net loss of $18.1 billion in the second quarter, when Shell was slammed by Covid-19

Samsung Electronics forecasts profits jump despite virus

Samsung Electronics forecast a 23-percent rise in second-quarter operating profit.

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