BHP's half year profit jumps 25%; misses forecasts
HSBC's 2017 pre-tax profit jumps 142%, but lags view due to US tax impact
HSBC Holdings' 2017 pre-tax profit rose 142 percent as the lender avoided the multi-billion dollar restructuring costs that marred its 2016 results but the profit growth lagged expectations as it took a writedown following US tax changes.
Nestle disappoints in 2017, no plan to increase L'Oreal stake
Last year's organic growth -- which strips out the impact of acquisitions and currency swings -- was the company's weakest since it began recording the measure in 1996 and missed even the lowest estimate of 2.6 percent in a Reuters poll of analysts.
Toshiba expects first annual net profit in four years
Japan's Toshiba Corp said it expects to book its first net profit in four years, as it makes progress to recover from billions of dollars in losses at its US nuclear unit Westinghouse.
Uber's fourth-quarter loss narrows to $1.1 billion: Source
The ride-hailing company's quarterly revenue rose 11.8 percent to $2.2 billion from its previous quarter, the source said.
Google parent Alphabet reports $3 bn loss on tax provision
The California tech giant said revenues in the last three months of 2017 rose 24 per cent from a year ago to USD 32.3 billion and cited "great growth" for the company.
IBM returns to growth after six years, but dour forecast hits shares
IBM's shares, which have rallied 10 percent so far this year on hopes of a strong turnaround in the company's fortunes, fell more than 3 percent in extended trading on Thursday.
Proposed US bill on H-1B visa has onerous conditions: Nasscom
According to Nasscom, the proposed US Bill 'Protect and Grow American Jobs' is riddled with "onerous conditions" and places "unprecedented obligations" on both Indian IT companies and clients using H-1B visas.
Japan's struggling Toshiba logs $436 mn loss in first half
The Tokyo-based firm said the loss was mainly due to the tax impact associated with the deal to sell the chip unit to a consortium led by Bain Capital.
DBS Q3 profit in surprise slide to five-year low on oil and gas provisions
Singapore banks, long lauded for their conservative lending practices, have been tested over the last two years as a number of local offshore and marine firms have restructured their loans due to low prices and project delays.
Lenovo to buy Fujitsu PC unit stake for up to $269 million; second-quarter profit drops
Shares of the Chinese PC maker rose as much as 5 percent as traders came back after the midday break. Lenovo and Fujitsu had first announced in October 2016 that they were exploring cooperations in their PC business.
Facebook quarterly profit leaps 79% to $4.7 bn
The leading social network said it made a profit o USD 4.7 billion in the quarter that ended on September 30, compared with USD 2.6 billion in the same period a year earlier.
Samsung Electronics posts record Q3 profits, replaces CEOs
The world's biggest memory chip and smartphone maker has faced multiple challenges since last year, including a humiliating recall of its flagship Galaxy Note 7 handsets and a corruption scandal that engulfed its de facto leader.
Sony raises earnings outlook, expects best-ever annual profit
The electronics firm forecast profit of 630 billion yen ($5.57 billion) for the year ending March, from 500 billion yen estimated three months ago.
Alphabet quarterly profit climbs on ads and other bets
Alphabet profit was up 32.4 per cent to USD 6.7 billion on in the quarter on revenue that increased 24 per cent to USD 27.8 billion, up 24 per cent from the same period a year earlier.
LG Electronics third-quarter profit jumps on strong sales of TVs, appliances
July-September profit for the world's second-largest TV maker climbed to 516 billion won ($459 million) on a 15.1 percent rise in revenue, in line with guidance given by the company earlier this month.
Nokia posts profit growth on the back of patent deal, networks fall
Third-quarter group earnings before interest and taxes (EBIT) rose 20 percent from a year ago to 668 million euros ($790 million), clearly above analysts' average forecast of 541 million euros in a Reuters poll.
Ericsson posts bigger than expected third-quarter loss, warns on network sales
Competition from China's Huawei and Finland's Nokia as well as weak emerging markets and falling spending by telecoms operators has hurt Ericsson while demand for next-generation 5G technology is still several years away.
Eliminating terrorism among top-most priorities, says PM after
In their joint statement, the two leaders also touched on trade, security, bilateral co-operation and instability in Afghanistan, among other issues.
34 killed in China floods, 93 missing in landslide
Heavy rains in China has damaged 35,418 hectares of crops and inflicted a direct economic loss of 610 million yuan (USD 89 million dollars).
American side ready to respond if India raises H-1B visa issue
There's really been no changes as such at this point, and no specific changes that target any specific country or sector as of yet.
India,Russia to conclude negotiations for military platforms
The roadmap includes specific activities to be concluded by both the sides, and aims to enhance cooperation in the field of political and military dialogue, besides exercises between the armed forces of the two countries.
Snap shares plummet as investors mark down first earnings report
Shares tumbled 23 percent in after-hours trading to wipe some $6 billion from Snap's market value, a reversal for the company after a red-hot March initial public offering that was the biggest for a U.S. tech company since Facebook Inc's 2012 debut.
RBS posts $8.7 bn loss in ninth straight year without a profit
RBS, which has not made an annual profit since 2007, booked 6.96 billion pounds (USD8.74 billion) of losses for 2016, against a 1.98 billion pound loss in the same period a year earlier.
