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Qualcomm completes a banner year with the release of its Q4 financial results. In the fiscal fourth quarter, the company saw its revenues increase by 19% compared to Q4 2023 while net income almost doubled (+96%). Qualcomm’s report for the fiscal fourth quarter of 2024 That capped off a strong fiscal 2024 for […]
Black Friday, the day after Thanksgiving in the United States, marks the official start of the holiday shopping season. Traditionally, it was a brick-and-mortar shopping event, with crowds flocking to stores for steep discounts driving holiday sales. Today, Black Friday (BF) and Cyber Monday (CM) present opportunities for e-commerce brands to increase sales and attract […]
Huawei has been cut off from global supply chains since 2019 due to US sanctions. (AFP pic) BEIJING: Chinese technology giant Huawei saw its net profit fall by over 13% in the first three quarters of 2024 year-on-year, a company filing showed today. Huawei has for several years been at the centre of an intense […]
Supermarket giant Woolworths has warned that its first-half profits will take a hit as customers continue to trade down to cheaper products amid the cost-of-living crisis. While sales rose 4.5 per cent to $18 billion in the September quarter, the company said that the shift to specials and lower-priced products such as homebrands was hitting […]
(Bloomberg) — Profits at China’s industrial firms in September declined at a faster pace than a month earlier, as deflationary pressures sap the strength of corporate finances. Most Read from Bloomberg Last month’s industrial profits at large Chinese companies fell 27.1% from a year earlier, after a 17.8% plunge in August, the National Bureau of […]
Square Pharmaceuticals, the country’s largest drugmaker, achieved a 10 per cent year-on-year increase in net profit for the fiscal year 2023-24, despite navigating the turbulent waters created by global macroeconomic challenges. The company posted a profit of Tk 2,092.91 crore for the year ending June 30, 2024, according to a disclosure posted on the Dhaka […]