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Keywords: Profitability
Manchester City has been found guilty of serious breaches of the Premier League’s financial regulations following a lengthy investigation that has cast a spotlight on the club’s financial conduct over almost a decade. An independent commission concluded that the club breached the league’s......
Volkswagen is preparing for a major restructuring aimed at significantly reducing costs and improving profitability, with up to 50,000 jobs potentially affected worldwide in the coming years, around half of them in Germany. The German automaker’s supervisory board has unanimously approved a broad......
French supermarket group Casino posted improved profitability during the first half of 2026, signaling continued progress in its financial recovery despite the challenges of a significant debt burden. The retailer also recorded a modest increase in second-quarter sales, reinforcing signs that its operational......
Mercedes-Benz delivered mixed financial results in the second quarter of 2026, with stronger operating profitability offsetting a decline in revenue and weaker global vehicle sales. The German automaker benefited from solid performances in its financial services and commercial vehicle divisions, but......
Airbus shares climbed sharply on Wednesday after the European aerospace manufacturer announced a €5 billion share buyback programme alongside new medium-term financial targets that signal confidence in its long-term growth strategy. The stock gained nearly 5% following the announcement, reflecting......
Samsung Electronics’ foundry division is approaching a return to profitability in the third quarter of 2026, marking a potential end to nearly four years of sustained losses that have weighed on the company’s semiconductor ambitions. Internal assessments and industry observations indicate......
Investors in Deutsche Bank have called on the German financial institution to maintain strict control over its operating costs during its annual shareholder meeting held on Thursday. The appeal comes as the bank continues to navigate a competitive and uncertain global financial environment. The meeting,......
Citigroup is expected to present updated medium-term profit targets during its upcoming investor day on Thursday, according to CEO Jane Fraser. The announcement will highlight the bank’s ongoing transformation, aimed at improving efficiency, reducing costs, and increasing revenues. Strategic restructuring......
Tencent Holdings reported strong financial results for the fourth quarter of 2025, with revenue reaching 194.4 billion yuan, or about 28.3 billion dollars, marking a 13 percent increase from a year earlier and slightly exceeding analyst forecasts. Net profit attributable to shareholders rose 14 percent......