Tag: profits

Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.(AP)
Posted in Business

Amazon reports better-than-expected revenue and profits for Q2

Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading. Amazon on Thursday posted better-than-expected revenue…

Continue Reading
The fee pool is disproportionately small as the board and executives of the companies led by Deepak Parekh, then chairman of HDFC, drove the merger process, and the role of the advisers was limited. (File)
Posted in Business

HDFC, HDFC Bank merger was worth $64 billion. Guess how much advisers made

A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the…

Continue Reading
Huawei has moved to diversify revenue streams after US-led sanctions took a major chunk. (Representational Image)(AP)
Posted in Business

China tech giant Huawei’s profits plummet by 69% in 2022

AFP | | Posted by Lingamgunta Nirmitha Rao Huawei’s profits fell almost 69 percent last year, the company said Friday, as US sanctions and international…

Continue Reading