profits

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Musk says he’ll spend less time working with Trump after Tesla profits sink | Business and Economy
World News

Musk says he’ll spend less time working with Trump after Tesla profits sink | Business and Economy

Tesla CEO says he will spend ‘far more’ of his time running carmaker after putting cost-cutting team in place. Tesla CEO Elon Musk...

Microsoft cuts hundreds of UK jobs even as profits soared
Tech

Microsoft cuts hundreds of UK jobs even as profits soared

Microsoft shed 203 UK workers between June 2023 and June 2024 However it still has more than 5,000 employees in the UK Microsoft...

Meta profits as ads promote illegal Israeli settlements in West Bank | Israel-Palestine conflict News
World News

Meta profits as ads promote illegal Israeli settlements in West Bank | Israel-Palestine conflict News

Facebook has platformed more than 100 paid advertisements promoting illegal settlements and far-right settler activity in the occupied West Bank, an Al Jazeera investigation has...

Chinese tech giant Huawei says profits fell 28% last year
Tech

Chinese tech giant Huawei says profits fell 28% last year

Credit: CC0 Public Domain Chinese telecoms giant Huawei said on Monday that profits fell 28% in 2024 as the smartphone maker faces international...

China’s Tencent sees profits surge as AI drive accelerates
Tech

China’s Tencent sees profits surge as AI drive accelerates

Chinese internet and gaming giant Tencent’s 2024 fourth-quarter profit surged 90 percent as it accelerates a push into artificial intelligence. Chinese internet and...

BMW warns on tariffs, China as 2024 profits plunge
Tech

BMW warns on tariffs, China as 2024 profits plunge

BMW joins other German automakers in reporting sharply lower profits amid a choppy transition to electric vehicles and slowing demand in key market...

Volkswagen profits hit as high costs, China woes weigh
Tech

Volkswagen profits hit as high costs, China woes weigh

Volkswagen has struggled with the shift to electric vehicles. German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year...

Strikes hit Lufthansa profits, Olympics dent Air France
Tech

Strikes hit Lufthansa profits, Olympics dent Air France

The result was nevertheless better than a forecast of just over one billion euros by analysts. German airline giant Lufthansa said Thursday its...

Stellantis says 2024 profits fall 70% on N. America troubles
Tech

Stellantis says 2024 profits fall 70% on N. America troubles

Shares in Stellantis fell by more than five percent during morning trading in Paris. The Stellantis car giant—which includes Fiat, Chrysler, Jeep and...