Japan’s Toyota posts record profit as bet on hybrids pays dividends | Automotive Industry
Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March. Toyota has reported record profit and sales figures on…
South Korea’s Samsung sees profit jump 10-fold on memory chip recovery | Technology News
South Korean tech giant reports $4.85bn profit during the first three months of 2024. Samsung Electronics has reported a nearly 10-fold jump in first-quarter operating…
Deutsche Bank sees 11-year high quarterly profit, boosted by investment wing
Germany’s largest lender announces €1.45 billion net income for the first three months of the year. ADVERTISEMENTDeutsche Bank has recorded a first quarter net income…
Tesla Q1 profit crashes more than 50% to $1.1B as production woes hit deliveries
Tesla CEO Elon Musk visits the company's gigafactoy in Gruenheide near Berlin in March as production resumed. The company blamed a shutdown at the plant…
Tesla profit plunges 55%, as shares bounce on plans for cheaper vehicles | Technology
The Texas-based company reports profits of $1.1bn in the first quarter, down from $2.51bn a year ago. Tesla reported a 55 percent drop in profit…
Brighton announce record profit after best Premier League season
Brighton owner Tony Bloom took over the club in 2009 when they were playing in League OneBrighton have announced a record profit of £122.8m in…
Four used car brands you can sell for a profit revealed by motors dealer – and they’re all from the same country
FOUR used car brands that sell for a profit have been revealed by a motors dealer - and they're all from the same country. Kenny…
I’ve sold more than 50 Minis for a total of £700k – here’s my tips to make profit
ONE man who has sold 50 Minis for £700,000 has top tips if anybody else wants to begin wheeling and dealing. Phil Mires, 29, is…
Elon Musk sues ChatGPT maker OpenAI, CEO Sam Altman for allegedly ‘perverting’ mission for profit
In short: Billionaire Elon Musk is suing artificial intelligence company OpenAI, which he helped create and has donated to, accusing it of putting profits ahead of…
Wheeler Dealers’ Mike Brewer ‘ignored warnings from TV bosses’ to buy rare motor, fix it up & sell it at £30k profit
WHEELER Dealers host Mike Brewer has revealed how he "ignored" warnings from TV bosses before buying a rare sports car, restoring it and selling it…
Steelmaker BlueScope announces $439 million half-year profit and plans to establish property division
In short: BlueScope posts $439 million half-year profit result for the first half of 2024 financial year.The company says it's continuing to invest heavily in…
Meta, Amazon shares surge by $279 billion after cuts boost profit
Breadcrumb Trail LinksInvestorEarnings got a boost from tens of thousands of job cuts since 2022 and strong sales that beat analysts’ estimatesAuthor of the article:Bloomberg…
Adani Flagship’s Profit Jumps 130% Bouyed by Newer Businesses
Breadcrumb Trail LinksPMN BusinessAdani Enterprises Ltd.’s quarterly profit more than doubled boosted by higher earnings from its newer businesses as the port-to-power conglomerate continues to…
Robert Downey Jr. says quality ‘Iron Man’ work was overlooked
Robert Downey Jr. knows how some industry professionals feel about comic-book franchise films — but the “Iron Man” actor says that doesn’t discount his acting…
High-Flying Profit Forecasts Head Back Down to Earth
Breadcrumb Trail LinksPMN BusinessS&P 500 earnings estimates for 2024 are too optimistic, about half of survey respondents say, citing risk of an economic slowdownAuthor of the…
After years of running a deficit, the Queen Mary has turned a profit for the city of Long Beach.
The Queen Mary has for years been a landmark in the city of Long Beach, an iconic ocean liner serving as a majestic sentry at…