Associated media – Associated media SUNRISE, FL — The British oil giant Shell reported second-quarter profits that exceeded expectations on Thursday, despite facing challenges such as lower refining margins and weak performance in liquefied natural gas trading. Financial Highlights Shell announced adjusted earnings of $6.3 billion for the quarter ending in June, surpassing analysts’ projections of…
Linked media – Related media Amazon revealed its second-quarter earnings on Thursday, reporting lower-than-anticipated revenue and providing a less optimistic forecast for the upcoming period. This led to a decline in the company’s shares during after-hours trading. Here are the key figures: Earnings per share: $1.26, compared to the $1.03 anticipated by LSEG Revenue: $147.98 billion, falling…
Associated media – Linked media LAS VEGAS — Qualcomm’s fiscal third-quarter earnings surpassed Wall Street predictions, delivering robust results and optimistic guidance for the upcoming quarter. At a press conference during CES 2022, Qualcomm Chairman and CEO Cristiano Amon discussed the company’s performance. Following the earnings report, Qualcomm’s shares jumped over 6% in after-hours trading. For…
Associated media – Connected media Shares of Diageo, the renowned alcohol producer behind Johnnie Walker, dropped more than 10% on Tuesday following a report of its first annual sales decline since the pandemic began. By the end of the trading day, shares had recouped some losses but still closed down 5.08%. The London-based company reported…
Linked media – Associated media On Monday morning, shares of the Dutch company Philips soared over 10.5% following the release of their second-quarter earnings, which surpassed analyst expectations. By 9:32 am London time, the stock had slightly retracted to a 10.45% increase. Philips reported a 2% rise in group comparable sales, reaching €4.5 billion ($4.88…
Linked media – Related media Coinbase’s UK subsidiary has been fined 3.5 million pounds ($4.5 million) by British regulators for breaching an agreement that aimed to prevent the cryptocurrency exchange from onboarding high-risk clients. The Financial Conduct Authority (FCA) imposed the fine on CB Payments Limited (CBPL), a branch of the Coinbase Group, which operates…
Connected media – Linked media LONDON — On Friday, UK Finance Minister Rachel Reeves declared that the newly elected Labour government aims to be the most growth-oriented and business-friendly administration the country has ever seen. In an interview with CNBC, Reeves emphasized that enhancing living standards for ordinary Britons and increasing public service investments hinge on…
Associated media – Connected media NASA has announced that Boeing’s Starliner spacecraft will remain docked at the International Space Station (ISS) until August while the agency and Boeing address issues discovered earlier in the mission. The Starliner capsule, named “Calypso,” has been in space for over 50 days, carrying NASA astronauts Butch Wilmore and Suni…