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Iran Air posts operating profit despite US sanctions
Iran’s flag carrier, Iran Air, reported an operating profit for the Iranian calendar year ending March 20, despite a surge in aviation costs in the country as a result of US sanctions.
What profits at Canada's big banks are saying about the odds of a recession
If a recession is headed our way, the canaries in the economic coal mine that are most likely to sing its arrival will be Canada's big banks.
Deutsche Bank posts 67% profit rise after merger talks collapse
Deutsche Bank reported stronger-than-anticipated first-quarter net profit on Friday, less than 24 hours after abandoning merger talks with Commerzbank.
one year after India's biggest bank fraud, PNB on road for annual profit
One year after being hit by a $2-billion scam, India’s Punjab National Bank (PNB) is set to return to annual profits and strong loan growth in fiscal 2020 even as investigations continue into the country’s biggest banking fraud.
Rising number of US businesses report sales and profit slowdown at the end of 2018
A rising number of US businesses saw falling sales and lower profit margins at the end of 2018, another sign that the American economy could be slowing.
Apple falls below $1 trillion despite revenue and profit rise
Apple briefly lost its $1 trillion valuation when its shares fell seven percent in after-hours trading despite posting record results.
Nintendo second-quarter profit rises 30%, misses estimates
Japan’s Nintendo Co. Ltd. reported a 30-percent rise in second-quarter operating profit on Tuesday, albeit missing analyst estimates, as sales of Switch hardware and games drive its earnings recovery.
Sony hikes annual profit outlook to record after robust second-quarter profits
Sony Corp. lifted its annual operating profit outlook by 30 percent to a record level after a strong second-quarter, bolstered by popular game titles as well as growing demand for its online gaming services.
Samsung Electronics' net profit down 0.09%
Samsung Electronics Co. said Tuesday its second-quarter net profit edged down 0.09 percent on-year amid weak returns from the smartphone business, although the chip business posted another quarterly record profit.
Toyota cuts full-year operating profit forecast on stronger yen
Toyota Motor Corp (7203.T) cut its full-year forecast for operating profit
SABIC shares lose value following fall in annual profit
Saudi Arabia’s petrochemical giant, SABIC, has seen its shares falling after the company reported a drop in its annual profit.
Man Utd forecasts record profit next year
English soccer club Manchester United expects profit to jump by as much as 46 percent next year thanks to a return to Champions League soccer and a record kit deal and will start paying regular dividends.
Saudi giant SABIC Q4 profit down 29% on lower oil
Falling global oil prices dragged down the net income of Saudi petrochemical giant SABIC by 29 percent in the fourth quarter, the company said on Sunday. SABIC, the largest publicly traded firm in the Persian Gulf, reported net profit of 4.36 billion riyals ($1.16 billion) for the three months to December. That compared with 6.16 billion riyals in the same quarter a year earlier.

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