Volkswagen profits dip in second quarter
- 01-Aug-2024
FRANKFURT: German automaker Volkswagen reported a decline in second-quarter profits Thursday as the group grappled with lower car deliveries and restructuring costs. The 10-brand auto giant made a net profit of 3.6 billion euros ($3.9 billion) between April and June, a 4.2-percent fall on a year ago. Revenues nevertheless rose 4.1 percent to 80 billion […]
German economy unexpectedly shrinks in second quarter
- 30-Jul-2024
FRANKFURT: The German economy unexpectedly shrank in the second quarter, preliminary data showed Tuesday, falling further behind as a recovery takes hold elsewhere across the eurozone. Output in Europe’s biggest economy contracted by 0.1 percent compared with the previous three months, federal statistics office Destatis said, after expanding by 0.2 percent in the first quarter. […]
NPLs reduce by Rs.7.29bn during Q2
- 21-Aug-2014
ISLAMABAD: The non-performing loans (NPLs) of Pakistan has recorded the reduction of Rs. 7.29 billion during the second quarter (Q2) of current year, ARY News reported.