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Business 28 Dec 2015 | 12:00 AM

China industrial profits fall for 6th month

BEIJING: Profits earned by Chinese industrial companies in November fell 1.4% from a year earlier, marking a sixth consecutive month of decline, statistics bureau data showed.

AseanPlus News 30 Sep 2012 | 12:00 AM

China’s industrial profits decline further in August

CHINESE industrial businesses saw their profits fall by 6.2% year-on-year in August, marking their fifth consecutive monthly drop.

Economy 05 Jun 2014 | 11:32 AM

Borrowing binge, corporate cheese-paring and profits

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.

Business 22 May 2013 | 2:16 PM

Report: Apple kept billions of dollars in profits in Irish subsidiaries to avoid taxes

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.

Business 28 Jun 2013 | 12:00 AM

China industrial profits rise

BEIJING: China’s industrial firms made total profits of 2.08 trillion yuan (US$338.4bil) in the first five months of 2013, up 12.3% from the same period a year ago, the National Bureau of Statistics said.

Business 27 Oct 2016 | 12:00 AM

Bumpy switch to new models hits Airbus Group’s Q3 profits

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.

Economy 27 Dec 2013 | 11:22 AM

China Nov industrial profits rise 9.7% on-year

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.

Business 28 Jan 2014 | 10:39 AM

China Dec industrial profits rise 6% on-year

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.

Business 05 Nov 2012 | 12:00 AM

HSBC profits to gain from cuts to bad debts, costs

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.

Corporate News 19 Oct 2017 | 12:00 AM

China steel firms shield profits from volatile market

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.