Thursday 30 October 2014
 
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earnings

Oil collapse to hit majors’ earnings, challenge austerity

Falling oil prices and their impact on revenues will dominate European oil majors’ quarterly results next week, with investors eager to hear how companies plan to achieve ambitious cost-cutting plans in an increasingly tough environment.

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Petchem firms boost Saudi corporate earnings; 17pc growth seen

The combined net profits of Saudi Arabia's leading companies are expected to rise 17 per cent in 2014 and a further 11 per cent in 2015, largely on the back of petrochemical producers and banks, although a number of companies in other sector

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Petchem firms boost Saudi corporate earnings; 17pc growth seen

The combined net profits of Saudi Arabia's leading companies are expected to rise 17 per cent in 2014 and a further 11 per cent in 2015, largely on the back of petrochemical producers and banks, although a number of companies in other sector

More…

Saudi corporate earnings growth set to jump

The combined net profits of Saudi Arabia's leading companies are expected to rise 17 per cent in 2014 and a further 11 per cent in 2015, largely on the back of petrochemical producers and banks, although a number of companies in other sector

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Air France-KLM vow to boost core earnings

Air France-KLM pledged to lift core earnings by up to 10 per cent a year through 2017 as part of a new plan combining an assault on the European leisure market with efforts to retain the loyalty of long-haul travellers. Europe'

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Kuwait corporate earnings up 14pc

The earnings of Kuwaiti listed companies for the first nine months surged 14 per cent to hit KD1.16 billion ($4.09 billion) when compared to the same period last year, said a report. The financial results of Kuwaiti listed compani

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Samsung sees Q3 earnings at record $9.4bn

Samsung Electronics estimated its July-September earnings rose 25 percent to a record $9.4 billion as a strong recovery in memory chip prices helped counter a slowdown in the South Korean company's smartphone business. The mak

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JPMorgan earnings rise 31 per cent

JPMorgan Chase and Company posted a 31 per cent increase in second-quarter earnings yesterday after underwriting income jumped and bond market trading revenue rose. US fixed-income markets plunged during the quarter, lifting longe

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Global stocks post best week since Nov

Stocks on major bourses posted their best weekly gains since November on Friday, helped by corporate earnings reports and remarks by Federal Reserve officials calming investor fears about US monetary policy. On Wall Street, the Do

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NBB net profit surges 6.7pc to top $71m in H1

The National Bank of Bahrain (NBB) has announced a net profit of BD26.77 million ($71.20 million) for the six months of the year as against BD25.10 million for the same period last year, marking an increase of 6.7 per cent. For th

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