Diageo shares crash after Latin America sales warning
Drinks giant Diageo sees £18bn wiped off its market value as Latin American sales decline triggers investor alarm, with shares dropping to a three-year low.
Category : Search result: profits slump
BP reviews costs amid £17.7bn quarterly profits
BP initiates a comprehensive cost-cutting review following record quarterly profits of £17.7bn, sparking debate over energy sector windfalls.
Diageo expands cost cuts as profits plunge
Diageo, the parent company of Guinness, ramps up cost-cutting measures amid a sharp drop in profits. Will this strategy revive its fortunes?
BP cuts costs amid profit rise and dividend boost
BP reveals strategic cost reductions while increasing shareholder dividends, as the energy giant navigates market volatility and shifting consumer demands.
Private firms profit from UK asylum system
Exclusive investigation reveals how private companies are profiting from the UK's chaotic asylum system, with taxpayers footing the bill for expensive hotels and deportation flights.
IAG reports record profits as travel demand rebounds
International Airlines Group (IAG), the parent company of British Airways, has announced soaring profits as passenger numbers rebound post-pandemic. The airline giant is capitalising on strong demand for air travel, particularly in long-haul routes.
Northampton home sales plummet 13% in HMRC data
New HMRC data reveals a sharp drop in property transactions in Northampton, with experts blaming tax reforms and economic uncertainty.
Rolls-Royce profits surge on jet engine demand
Rolls-Royce reports a surge in profits driven by booming demand for its jet engines, sparking a sharp rise in share prices and investor optimism.
Shell profits down, announces $3.5bn buyback
Shell's Q2 profits decline due to lower oil prices, but the energy giant pushes ahead with a $3.5bn share buyback scheme.
Shell profits spark protests amid cost-of-living crisis
Shell reports record profits, sparking outrage as protesters demand windfall taxes. Meanwhile, Rolls-Royce and Unilever post strong earnings, and the US Federal Reserve signals new tariffs under Trump.
Starbucks cuts product line amid sales decline
Starbucks has removed a full product line from select UK stores as the coffee giant faces a slump in sales. Find out which items are affected and what this means for customers.
Games Workshop shares soar on record profits
Games Workshop, the Nottingham-based creator of Warhammer, sees shares surge after announcing a significant rise in profits and sales, driven by global demand for its fantasy miniatures.
Puma shares drop as Trump tariffs bite
Sportswear giant Puma faces a sharp decline in shares as US tariffs on Chinese goods disrupt its athleisure market dominance.
Toronto’s housing market sees dramatic price drop
Toronto's once-booming property market faces a dramatic downturn as home prices drop significantly. Discover the factors behind this shift and what it means for buyers and sellers.
Water firms must prioritise public over profits
A damning report calls for UK water companies to shift focus from shareholder dividends to environmental and social responsibility, amid rising public outrage over sewage spills and service failures.
British Gas profits surge to £1bn amid energy crisis
Energy regulator Ofgem investigates British Gas owner Centrica after profits soar to £1bn amid the cost-of-living crisis, sparking outrage over 'excessive' earnings.
ITV cuts costs after profit decline
ITV announces a fresh cost-cutting strategy as half-year profits decline. Can the broadcaster bounce back?
Betr profits surge after PointsBet acquisition
Australian betting firm Betr reports significant profit growth after acquiring PointsBet, reshaping the ASX-listed gambling landscape.
US carmakers face profit crash as EV reality bites
Major US car manufacturers report steep profit declines as electric vehicle (EV) challenges mount. A top CEO reveals the industry's harsh realities.
UK Small Businesses Battle Soaring Costs
Independent retailers across the UK face mounting financial pressures as rising costs and squeezed profits threaten their survival. Here’s what’s happening.
GM profits soar despite Trump tariffs
General Motors reports robust earnings, defying trade tensions and tariff pressures under the Trump administration. Discover how the automotive giant navigated economic headwinds.
Ryanair staff bonuses set to rise with record profits
Ryanair employees could see their bonuses increase significantly as the airline reports record profits. Find out how much they might receive and what it means for travellers.
Netflix Q2 Revenue and Profits Surge Beyond Expectations
Netflix's latest earnings report reveals impressive growth in revenue and profits, driven by strategic measures including password-sharing crackdowns and ad-supported tiers.
CBA shifts jobs to India amid record profits, cuts local staff
Australia's Commonwealth Bank is outsourcing hundreds of jobs to India while cutting local positions, despite posting record profits, sparking outrage among employees and unions.
Tesla execs exit amid sales decline
Tesla faces leadership shake-up as senior executives depart following disappointing sales figures, raising questions about the company's future direction.
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