Total Q2 profit 9.8 bln vs Q1 9 bln Shell Q2 profit 11.5 bln vs Q1 9.1 bln Shell to buy back 6 bln in shares, Total 2 bln Dividends steady Total 0.69 eurshr, Shell 0.25shr LONDON, July 27 Reuters Europe39;s biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their secondquarter profits beat […]

MILAN, July 28 Reuters Italy39;s biggest bank Intesa Sanpaolo on Friday posted a biggerthanexpected profit for the second quarter, helped by higher interest rates and trading gains, which offset the hit to net fees from rough markets. Intesa confirmed its financial targets for the year after net profit for AprilJune came in at 1.33 billion euros […]

MILAN, July 29 Reuters Agricultural and construction machine maker CNH Industrial beat estimates on Friday with a 14 rise in industrial operating profit in the second quarter, but said it anticipated a tougher outlook and was braced for recession in the Americas. The ItalianAmerican company, whose brands include Case IH, Steyr and New Holland, said adjusted […]

MUMBAI, July 29 Reuters India39;s Lighthouse Funds is in talks to raise 400 million for a new fund, a senior executive told Reuters, in what will be the biggest fundraising by the private equity firm that is targeting fastgrowing consumer brands in the country. Lighthouse has raised more than 450 million over the years and […]

HOUSTON, July 29 Reuters Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending. The top U.S. oil producer reported secondquarter net income of 17.9 billion, or 4.21 per share, an almost fourfold increase over the 4.69 billion, or […]

Cut gaming unit annual forecast by 16 Gaming unit op profit fell 37 in Q1 Game software sales slumped 26 to 47 mln units Lack of high profile titles, COVID easing have hurt demand CFO TOKYO, July 29 Reuters Sony Group Corp trimmed its profit forecast on Friday after a weak first quarter for its PlayStation […]

TOKYO, July 28 Reuters Nissan Motor Co39;s firstquarter operating profit fell 14 to 64.9 billion yen 478.08 million, the Japanese carmaker said on Thursday, citing surging raw material costs and production disruption from COVID19 lockdowns. Earnings for the three months to June 30 beat an average estimate of 45.8 billion yen from 11 analysts, Refinitiv data […]

FRANKFURT, July 28 Reuters HeidelbergCement, the world39;s No.2 cement maker, on Thursday posted a 4.3 drop in secondquarter core profit, citing challenges ahead because of an unprecedented increase in energy prices. The results from current operations before depreciation and amortisation RCOBD were 1.13 billion euros 1.15 billion in the AprilJune period, the company said. The […]

Q2 net profit rises to 2.35 bln euros vs forecasts 2.38 bln Net loan loss provisions rise almost 50 yearonyear in Q2 Brazil shows some pressure in lending income in Q2 Botin warns of difficult environment MADRID, July 28 Reuters Santander on Thursday said its second quarter net profit rose 14 from the same period a […]

ZURICH, July 28 Reuters Specialty chemicals maker Clariant posted on Thursday a higher profit for the second quarter, as it beat rising raw material, energy and transport costs with higher prices and sales volumes. The increases also helped the Swiss company, whose products include chemicals for personal care goods, raise its sales by a betterthanexpected 26. […]