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World 13 Nov 2020 | 2:29 AM

German tech giant Siemens records profit in FY 2020 despite COVID-19 crisis

BERLIN, Nov. 12 (Xinhua) -- Although profits fell by 26 percent year-on-year, Siemens recorded a net income after tax of 4.2 billion euros (4.96 billion U.S. dollars) for the company's full fiscal year 2020 which ended on Sept. 30, the German technology giant announced on Thursday.

Business 13 Nov 2020 | 7:00 AM

Manulife beats estimates

BENGALURU: Canadian insurer Manulife Financial Corp on Wednesday beat analysts’ estimates for third-quarter core profit as earnings growth from its Asian and wealth and asset management businesses offset declines in Canada.

World 11 Nov 2020 | 12:57 AM

German sportswear manufacturer Adidas records profit again in Q3

BERLIN, Nov. 10 (Xinhua) -- Following losses in the second quarter, operating profit of Adidas improved by more than 1.1 billion euros and reached 794 million euros (937 million U.S. dollars) in the third quarter, the German sportswear manufacturer announced on Tuesday.