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corporate profits

Apple supplier Foxconn’s second-quarter profit rises 6% on AI boom

by Walter Watson
Apple supplier Foxconn’s second-quarter profit rises 6% on AI boom

Hon Hai Group’s headquarters in Taipei, Taiwan. Ceng Shou Yi | Nurphoto | Getty Images Apple supplier Foxconn reported on Wednesday a 6% rise in second-quarter net profit, driven by strong AI server …

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UOB revises down 2024 loan growth, Q4 profit beats forecasts

by Walter Watson
UOB revises down 2024 loan growth, Q4 profit beats forecasts

A customer uses an ATM at an United Overseas Bank Ltd. (UOB) branch in Singapore, on Thursday, Feb. 23, 2023. Bloomberg | Bloomberg | Getty Images Singapore’s United Overseas Bank, or …

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BHP half-year profit beats expectations, inflation impact recedes

by Walter Watson
BHP half-year profit beats expectations, inflation impact recedes

In this photo illustration, BHP logo of a multinational mining, metals and petroleum company is seen displayed on a smartphone in front of BHP Billiton logo. The world’s largest listed miner …

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Huawei forecasts 9% revenue growth in 2023 as smartphone sales surge

by Walter Watson
Huawei forecasts 9% revenue growth in 2023 as smartphone sales surge

Photo taken on August 20, 2023 shows the Huawei exhibition area at the 2023 China (Nanjing) International Software Products and Information Services Trade Fair in Nanjing, Jiangsu province, China. Costfoto …

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SK Hynix says AI boom will drive profits after Q3 loss narrows

by Walter Watson
SK Hynix says AI boom will drive profits after Q3 loss narrows

SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images South …

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Competitiveness on a ‘clear decline’ in Canada as profits rise: report – National

by Vera Ward
Competitiveness on a ‘clear decline’ in Canada as profits rise: report – National

Competitive forces have been on the decline in Canada at the same time as profits and price markups are on the rise, a new report from the Competition Bureau finds. …

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