Adidas surges 8% on upgraded forecast and profit boost
In a surprising turn of events, Adidas witnessed an 8.2% surge in its shares on Wednesday, propelled by the company's unforeseen elevation of its full-year...
Tag : profit
Deutsche Bank to slash 3,500 jobs amidst $4.5 billion profit
In a surprising move, Deutsche Bank has declared its intention to cut 3,500 jobs as part of a broader strategy to trim costs by 2.5...
Tech stocks drive Norway’s sovereign fund to $213 billion profit
Norway's colossal sovereign wealth fund announced a groundbreaking achievement on Tuesday, as it revealed a record profit of $213 billion (2.22 trillion kroner) for the...
Dubai airline flydubai announces AED1.2 billion profit for 2022
For the year ending on 31st December 2022, flydubai's historic profits were AED1.2 billion (US$327 million), a 43% increase from 2021. AED9.1 billion (US$2.5 billion)...
Aldar reports AED2.33 billion in net profit in 2021, an increase of 21 percent
Aldar Properties announced its preliminary financial results for the full year of 2021, reporting revenues of AED8.58 billion, up 2 percent year-on-year, a gross profit...