US machinery makers eye bumper earnings for now, but inventory glut looms
By Bianca Flowers CHICAGO U.S. equipment makers are likely to face excess inventory early next year as demand
1970-01-01 08:00
Rio Tinto posts lowest H1 profit in 3 years on weak iron ore prices, cuts dividend
(Reuters) -Rio Tinto slashed its interim dividend on Wednesday as the miner reported its lowest first-half underlying earnings in three
1970-01-01 08:00
Aston Martin posts smaller quarterly loss, keeps 2023 forecast
British luxury carmaker Aston Martin kept its 2023 forecast unchanged on Wednesday after reporting a smaller pretax loss
1970-01-01 08:00
Puma reports higher Q2 sales
German sportswear maker Puma on Wednesday said its second-quarter sales grew by 11%, slightly ahead of market expectations,
1970-01-01 08:00
Porsche confirms forecast on 10.7% higher operating profit in H1
BERLIN (Reuters) -Porsche AG on Wednesday reported a rise in operating profit of 10.7% to 3.85 billion euros ($4.25 billion)
1970-01-01 08:00
Stellantis operating profit rises 11% in H1 topping forecasts
MILAN Carmaker Stellantis said on Wednesday its operating profit rose 11% in the first half of this year,
1970-01-01 08:00
Deutsche Bank Q2 profit falls 27% on investment banking slump
FRANKFURT (Reuters) -Deutsche Bank posted on Wednesday a 27% fall in second-quarter profit as investment banking revenues slumped, but the
1970-01-01 08:00
Hyundai Motor's Q2 net profit jumps 15%, slightly misses expectations
SEOUL (Reuters) -South Korea's Hyundai Motor Co reported on Wednesday a 15% rise in second-quarter profit helped by solid sales
1970-01-01 08:00
LG Display posts 5th consecutive quarterly loss
SEOUL South Korea's LG Display on Wednesday posted its fifth consecutive quarterly loss as poor demand for mobile
1970-01-01 08:00
SK Hynix says memory chip recovery has begun, flags robust AI demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix said on Wednesday the memory chip market was
1970-01-01 08:00
Mexico's Televisa posts big Q2 miss on Univision JV drop, satellite disconnections
By Kylie Madry MEXICO CITY Grupo Televisa reported a more than 95% slide in quarterly net profit on
1970-01-01 08:00
RTX shares tumble on Pratt & Whitney airliner engine problem
By Valerie Insinna, Mike Stone and Pratyush Thakur (Reuters) -Pratt & Whitney on Tuesday hit fresh turbulence over a problem-plagued
1970-01-01 08:00