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(Reuters) - The aggregate pre-tax profits of English Premier League clubs fell nearly 37 percent last season due to a spike in wages, according to Deloitte.
FRANKFURT: Commerzbank, Germany’s second biggest bank, said on Friday its profits quadrupled in 2015 and that it would resume dividend payments as it expects to see further profit growth this year.
BEIJING: Profits from core operations at China's large state-owned industrial conglomerates fell a hefty 12.3 percent in 2014, the National Bureau of Statistics said on Tuesday, adding urgency to central government plans to overhaul the country's inefficient state sector.
LONDON: Top British banks Barclays and HSBC reported strong profits despite soaring bad loans, giving a boost to the crisis-hit banking sector as it seeks green shoots of economic recovery.
Australia's Macquarie Bank, once nicknamed the millionaire's factory for the number of executives it made rich, said Friday its profits halved last year, and slashed 2.5 billion Australian dollars ($1.8 billion) from its asset values because of the global financial crisis.
NEW YORK: Investors barreled into stocks for a second day, betting that corporate profits will surge as the global economy recovers.hr noshade size=-1 width=50%>
POULTRY farmers enjoyed higher sales and profits during the first three months of this year on better selling prices for chicken products and lower feed cost. The companies said the trend is set to continue during the second half of this year, barring unforeseen circumstances.