Quarter
JPMorgan CFO expects trading revenue to decline in first quarter
JPMORGAN Chase CFO Jeremy Barnum said he expects trading revenue to decline by 5 to 10 per cent in the first quarter compared with a strong quarter in the...
Shell’s LNG trading makes US$2.4 billion in final 2023 quarter, sources say
NEARLY a third of Shell’s profit in the fourth quarter of 2023 came from the US$2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong...
Google to make Pixel smartphones in India by next quarter: Nikkei
Alphabet’s Google has told suppliers to start making its Pixel smartphones in India by next quarter at the earliest, as part of its plan to ship more than 10...
Private credit returns beat buyout funds for a second straight quarter
RETURNS for private debt funds have beaten those of private equity (PE) for a second straight quarter, with higher interest rates juicing returns for direct lenders just as buyout...
Yoma posts 36.4% rise in revenue for quarter ended December
YOMA Strategic Holdings on Thursday (Feb 8) said its revenue for the three months ended Dec 31, 2023, rose 36.4 per cent to US$49.8 million from US$36.5 million, with...
Netflix adds 9 million subscribers in third quarter despite Hollywood strikes
Netflix added 9 million subscribers during the third quarter, the Los Gatos, Calif., streaming video giant said Wednesday, citing popular original shows and older licensed content, as well as...
Amazon Rakes in Massive Profits in First Quarter, Months After Cutting 27,000 Jobs
Amazon returned to profit and recorded better than expected profit of $3.2 billion for the first quarter. This return to profits came after reporting a loss of $3.8 billion...
Uber Posts ‘Strongest Quarter Ever,’ Revenue Up 49%
In a bleak period for tech companies, Uber has soared.In its most recent quarterly earnings report, the ride-share giant posted $8.6 billion in revenue for the quarter ending on...
