Sunday 22 April 2018
 
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earnings

DP World earnings top $1.2 billion

Dubai-based global marine terminal operator DP World has revealed strong financial results for the 12 months ending December 31, 2017, which saw the company deliver earnings in excess of $1.2 billion. On a reported basis, revenue

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Abu Dhabi banks' earnings total $8.39bn in 2017

The total earnings of commercial and Islamic banks in the emirate of Abu Dhabi surged to Dh30.83 billion ($8.39 billion) in 2017, according to figures released recently by the Statistics Centre-Abu Dhabi.   The t

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Boeing Q3 profits down 19pc; earnings beat expectations

The Boeing Company posted a 19 per cent drop in profit levels for the third quarter, raking in 1.8 billion in Q3 compared to 2.2 billion in the same period in 2016. Boeing's third-quarter revenues stood at $24.3 billion with G

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Boeing Q4 revenues down 1pc to $23.3bn

US aircraft manufacturer Boeing has reported 2016 fourth-quarter revenue of $23.28 billion, down 1 per cent compared with revenues of $23.57 billion over the same period of 2015.             &nbs

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Shell, BP results improve from cost cuts amid low oil

Royal Dutch Shell and BP posted better-than-expected third-quarter profits, making progress with efforts to stabilise profits even during a quarter when oil prices averaged less than $46 a barrel, a report said. Shell returned to

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One in every 67 British a millionaire, says report

Every part of the UK is more prosperous than it was last year, with uplifts in either household wealth, GDP, household expenditure and earnings – and a decrease in unemployment, according to the second edition of the annual Barclays Prospe

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Ooredoo Kuwait continues earnings slump

Mobile operator Ooredoo Kuwait reported a 28 per cent fall in second-quarter net profit on Monday, continuing its earnings slump as revenue fell. The subsidiary of Qatar's Ooredoo competes domestically with Zain and Saudi Tele

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Safco extends earnings slump

Saudi Arabia Fertilizers Company (Safco) met analyst forecasts on Thursday but extended its earnings slump, as its second-quarter net profit halved year on year as product prices remained low. Safco, a unit of Saudi Basic Industri

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Safco extends earnings slump

Saudi Arabia Fertilizers Company (Safco) met analyst forecasts on Thursday but extended its earnings slump, as its second-quarter net profit halved year on year as product prices remained low. Safco, a unit of Saudi Basic Industri

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US firms brighten their earnings outlook

The profit recession that has weighed on large-cap stocks on Wall Street for the past three quarters may be loosening its grip as US companies allow a hint of blue sky to poke through the gloom. As companies share their expectatio

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