profitability

Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Qualcomm's profit slips as Chinese revenues decline

The US-based wireless technology developer Qualcomm reported a drop in profit as its revenues from China took a significant dive. The stiff competition from China and Taiwan is also impacting the financial performance of Qualcomm.

American Apparel paints rosy picture after bankruptcy

American Apparel company forecasts robust demand after the bankruptcy turnaround. The US-based fashion chain is predicting more profitable years to come. American Apparel is known for its controversial sexual advertisements. In a filing to the US Bankruptcy court in Wilmington, Delaware, American Apparel said it would make a turn around and will record profits in 2018

UniCredit to slash 7% workforce in cost-cutting drive

Italian banking major UniCredit is downsizing its workforce as part of its cost cutting measures. The bank is expected to slash 7,000 jobs mostly in Italy, Germany and Austria. However, the total number of job cuts is likely to reach 10,000 level. Low interest regime is impactign the bank's performance.

Latest Stories

Macro Summer 2024 is Here For Crypto - Here's Everything You Need to Know

Crypto royalty Arthur Hayes of BitMEX and former Goldman Sachs exec Raoul Pal have a new rallying cry for getting rich: forget 90% of stocks. They're yesterday's game. The duo is pointing to crypto and tech for a period they dub 'Macro Summer'-a season of record all-time highs for Bitcoin.

Utah: The Entrepreneur's Paradise for Small Business Success

Have you ever thought about packing up your entrepreneurial dreams and heading to Utah? No. Me either! Well, according to a recent WalletHub study, it appears that the Beehive State is buzzing with opportunities for small business owners, particularly in its southern cities.

Cardano's Bull Run: Why 2024 Could Be Its Best Year Yet

Cardano (ADA) is a blockchain platform known for its emphasis on security and sustainability. As we inch closer to 2024, the buzz around Cardano Stocktwits has reached a fever pitch, with enthusiasts and skeptics alike voicing their predictions.

Base Meme Coins: The Whimsical Assets That Turned Enthusiasts into Millionaires

Originating from the innovative corridors of Coinbase, one of the leading cryptocurrency exchanges, Base represents a foundational layer for the creation and exchange of digital assets.

AI Altcoins Set to Skyrocket: Top Picks for Investors

AI altcoins are quickly becoming the new gold rush. As someone who's been around the block a few times (crypto block, that is), I've seen trends come and go, but the fusion of artificial intelligence and blockchain technology feels like we're on the cusp of something revolutionary.

Must Read

Realio Network RIO: The RWA Crypto Gem Poised for Explosive Growth

The Realio Network (RIO) stands out not just as another promising asset but as a potential cornerstone in the realm of Real World Assets (RWAs). With its eyes firmly set on revolutionizing private equity through digital tokenization, Realio isn't just playing the game-it's changing how the game is played.

Bitcoin ETF Frenzy: Is This the Time to Buy In, or a Recipe for Disaster?

The new spot Bitcoin exchange-traded funds (ETFs) have been a huge success by almost every significant indicator. They have already brought in over $30 billion in assets under management as a group.

Bizarre Tax Deductions You Might Actually Claim

While many tax deductions are well-known, such those for business supplies and charity contributions, some are less well-known. Here's a look at how tax deductions operate and three that you might find surprising as tax season approaches.

Inflation Hedge or Hype? Weighing the Pros and Cons of Owning Gold

Many were dismayed by a study released last week that showed inflation was increasing month over month, but it also highlighted how important it is to have a diverse portfolio. With one, investors can more effectively counteract the negative effects of rising interest rates intended to control inflation. Using gold and silver to diversify is also a good strategy.

Hot Housing Market Cooling? Sell Now, But Prepare for Price Negotiation

The ideal time to sell for homeowners planning to sell this year is still in the spring, but you might want to modify your expectations.

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