HSBC profits fall 3.8% in Q2, Brazil sell-off agreed

Last Updated: Monday, August 3, 2015, 16:29

HSBC announced Monday that net profit fell 3.8 percent in the three months to June, as the company agreed to sell its Brazilian business for $5.2 billion to Brazil`s Banco Bradesco.

Apple pushed down to 3rd in China smartphones for Q2

Last Updated: Monday, August 3, 2015, 10:43

Xiaomi was the largest smartphone vendor in China based on shipments with a 15.9 percent market share in the April-June period.

Nokia gains profits in Q2, core business recovers

Last Updated: Friday, July 31, 2015, 12:02

Compared with the same period in 2014, the 2015 April-June turnover stood at 3.2 billion euros, which was an increase of nine percent. The profit was now 352 million euros, whereas in 2014 it had been negative.

US economy rebounds at mild pace in Q2

Last Updated: Friday, July 31, 2015, 11:19

The US economy expanded at an annual rate of 2.3 percent in the second quarter, a moderate bounce from the revised 0.6 percent increase in the first quarter.

Samsung Electronics posts 8% fall in Q2 net profit

Last Updated: Thursday, July 30, 2015, 22:17

South Korean giant Samsung Electronics posted an 8.0 percent fall in second quarter net profit on Thursday and promised "flexible" pricing of its new flagship smartphone after less than stellar sales contributed to a slump in its mobile unit's earnings.

RBS profits rise despite restructuring charge doubling to 1.1 billion sterling

Last Updated: Thursday, July 30, 2015, 15:19

State-backed Royal Bank of Scotland reported a rise in second quarter profit despite booking a 1.1 billion pound ($1.7 billion) charge for restructuring after accelerating the overhaul of its business.

Shell Q2 net profit drops 37%, to cut 6,500 jobs this year

Last Updated: Thursday, July 30, 2015, 14:04

Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.

SK Telecom posts 20% drop in Q2 net profit

Last Updated: Thursday, July 30, 2015, 10:20

South Korea`s top mobile operator, SK Telecom, reported a 20 percent drop in second-quarter net profit Thursday, due mainly to a one-off cost related to personnel restructuring.

Samsung posts $5.9 bn operating profit in Q2

Last Updated: Thursday, July 30, 2015, 08:29

Revenue slid 7.29 percent from a year earlier to 48.54 trillion won in the quarter, and net income fell 7.97 percent to 5.75 trillion won.

Nestle posts Rs 64.40 cr loss in Q2 as Maggi ban takes toll

Last Updated: Wednesday, July 29, 2015, 17:49

Hit by ban on Maggi instant noodles, FMCG major Nestle India today reported a net loss of Rs 64.40 crore on standalone basis for the second quarter ended on June 30, 2015.

SpiceJet shares continue to fly high; gain 6.5%

Last Updated: Wednesday, July 29, 2015, 13:20

Shares of budget carrier SpiceJet rose 6.5 percent Wednesday after the company posted second straight quarterly profit at Rs 71.8 crore for the three months ended June, 2015.

Volkswagen Q2 profit grows on Europe recovery, cost cuts

Last Updated: Wednesday, July 29, 2015, 13:18

Volkswagen posted higher quarterly profit on a strengthening European autos recovery and cost cuts but lowered its sales guidance as demand in China slows.