A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.

Volvo Cars said it was targeting a long-term operating profit margin of more than 8% as part of its strategy overhaul, which ...

For better growth prospects, the percentage of a country’s productive capacity devoted to production type goods and services should be significantly ...

[BEIJING] Bank of China reported a 5 per cent increase in third-quarter profit, as the lender managed to stabilise its net interest margin despite mounting challenges from weakening credit demand. Net ...

ZURICH: Holcim on Friday reported a small increase in third-quarter profit, as the building materials company's switch to more profitable products helped offset currency headwinds. Holcim has been ...

Intel beat expectations for September-quarter profit as CEO Lip-Bu Tan's drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company ...

CBRE, a leading real estate firm, has revised its profit expectations upward for the year, buoyed by a strong demand for leasing and facilities management services. The company's stock experienced a ...

FILE PHOTO: A screen displays the company logo and trading information for Nokia Corporation on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 24, 2023. REUTERS/Brendan ...

The company's valuation hinges on future robotics and AI ventures, but vehicle sales remain crucial for financial stability. Tesla reported record third-quarter revenue that beat Wall Street estimates ...

Shoe Zone will report a decline in pre-tax profits for its latest financial year after the national retailer was hit by "persistent inflation, higher interest rates and reduced levels of disposable ...

Hilton Worldwide Holdings Inc.’s stock rose Wednesday as the hotel giant lifted its full-year earnings target and said it expects economic tailwinds to help it reverse a drop in revenue per available ...