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CHINESE industrial businesses saw their profits fall by 6.2% year-on-year in August, marking their fifth consecutive monthly drop.
REUTERS: Americans are borrowing more, renting more rather than owning, eating in restaurants more and saving less, leading inevitably to questions of sustainability. That's true both for Americans and for the corporations whose profits they create.
WASHINGTON: Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a US Senate report on the company's offshore tax structure said.
PARIS: Airbus Group posted lower than expected third-quarter profits, led by a faltering performance in its core commercial jet division and continued weakness in the commercial helicopter market, but broadly maintained its full-year financial forecasts.
Profits earned by Chinese industrial firms rose 9.7% in November to 707.5 billion yuan (US$116.5bil) from a year earlier, slower than the annual growth of 15.1% in October, the National Bureau of Statistics said on Friday.
BEIJING: Profits earned by Chinese industrial firms rose 6 percent in December to 942.5 billion yuan (US$155.84bil) from a year earlier, slower than the annual growth of 9.7% in November, the National Bureau of Statistics said on Tuesday.
LONDON: HSBC Holdings is expected to report a jump in quarterly profits on Monday as lower losses from bad debts and a cost-cutting plan outweigh mis-selling charges and the impact of tough economic conditions across the world.
MANILA: China’s steel mills and traders are embracing more sophisticated ways to sell metal and buy raw materials to protect their bumper profits amid rising price volatility.