Temu’s Chinese owner sees profits plunge as tariff war bites
PDD Holdings, the Chinese owner of online shopping platform Temu, has reported a near 50% drop in profit as US…
Tag: profits
Southwest’s new baggage fees to boost profits by more than $400 million, analyst says
Discount airline’s shares rise as Jefferies analyst upgrades the stock, citing an earnings boost from luggage fees. www.marketwatch.com #Southwests #baggage…
Citadel Securities profits jump 70% on surge in trading revenues
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
China’s industrial profits rise 3% in April after output beat estimates despite U.S. tariffs
An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern…
BTC Price Rally Stalls as Short-Term Holders Take $11B Profits
After softly rising over the weekend, bitcoin slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets…
M&S hack attack will have tech firms ringing up the profits
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
DigiAsia’s stock soars on plan to allocate 50% of profits to Bitcoin
DigiAsia Corp. has announced a strategic plan to incorporate Bitcoin into its corporate treasury. With Board approval, the company will…