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1-10 results from 1000 for query «profits»

November 1, 2017 10:44 PM Facebook crushes Q3 earnings but warns that future profit will slow

Facebook blew past Wall Street's third-quarter financial targets on Wednesday but cautioned that future profitability will be impacted by increased investments around its efforts to fight fake news and abuse. The increasing spending, which Facebook executives elaborated on during the conference call with analysts on Wednesday, drove Facebook's shares 177

November 1, 2017 8:34 PM US stocks end mostly higher as Fed keeps rates unchanged

NEW YORK: Wall Street stocks finished mostly higher on Wednesday (Nov 1) following another round of solid US data and an upbeat appraisal on economic conditions by the Federal Reserve. The Fed, as expected, kept interest rates unchanged as it reported the US was growing at a "solid pace" and was not significantly dented by Hurricanes Harvey and Irma. That statement 161

November 1, 2017 8:29 PM Amid soaring profits, Facebook vows to curb abuse

SAN FRANCISCO: Facebook on Wednesday (Nov 1) reported profits leapt on booming revenue from online ads in the third quarter, topping investor forecasts and buoying shares already at record highs. The leading social network said it made a profit of US$4.7 billion in the quarter that ended on Sep 30, a jump of 79 per cent from the same period a year earlier 171

November 1, 2017 4:10 AM Wal-Mart triples online items, lowers prices as holiday season kicks in

CHICAGO - Wal-Mart Stores Inc is planning to boost sales and fend off rivals this holiday season by doubling down on incentives for shoppers who buy online and those who visit its stores. The world's largest retailer said it tripled its online selections for the holiday season to 60 million items, and that it would provide free two-day shipping on more than two million 141

October 30, 2017 5:22 PM Spanish stock market rallies on Catalan relief

LONDON: The Madrid stock market soared on Monday (Oct 30) on investor relief over an apparent easing in Spain's Catalan independence crisis, dealers said. Other European, and also Asian, equity markets meanwhile diverged in hesitant trade before this week's key Japanese and US central bank announcements. Wall Street was lower as stocks pulled back from recent 130

October 28, 2017 9:38 AM Budget 2018 comprehensive for well-being of Malaysians, tax consultants say

Datuk Seri Najib Razak tabling Budget 2018 in the Dewan Rakyat, October 27, 2017. ― Bernama picKUALA LUMPUR, Oct 28 ― The 2018 Budget is deemed comprehensive as it deals with the well-being of the rakyat in addressing wide-ranging issues, from the rising cost of living, to even shaping the future of the workforce, some tax consultants concur. For Jagdev 65

October 26, 2017 2:00 AM Saudi Arabia's grand plan to move beyond oil: Big goals, even bigger hurdles

RIYADH (NYTIMES) - Saudi Arabia is throwing an economic coming-out party of sorts this week, hawking its efforts to liberalise its conservative society and diversify its economy in a sweeping overhaul of the way the wealthy Arab kingdom has long operated. In a glittering conference centre in Riyadh, slick videos promised a gleaming, US$500 billion (S$680billion) 57

October 25, 2017 4:38 AM China's new leadership: The 7 men who rule China

BEIJING - China's Communist Party on Wednesday (Oct 25) unveiled a new lineup for its Politburo Standing Committee (PSC). Here are the seven men, arranged in order of their ranks on the party hierarchy, who sit on China's top governing body. Became top leader in the Chinese leadership in 2012. Mr Xi has consolidated enough authority to be considered 62

October 23, 2017 9:00 PM Charities must address long-term structural issues

With declines in global charitable behaviours such as donating and volunteering, the National Volunteer and Philanthropy Centre (NVPC) is right to argue that Singapore's ecosystem of volunteerism and philanthropy needs to improve (What does 2017's global volatility mean for giving?; Oct 19). Some short-term fixes have been mooted by the NVPC - skills-based 120

October 19, 2017 9:02 PM Keppel profit jumps 30% in Q3 as most units do well

Property, power and gas, asset management offset poor showing by offshore and marine Higher contributions from across all businesses other than the offshore and marine division sent earnings up 30 per cent at Keppel Corporation in the third quarter. Net profit for the three months to Sept 30 was $291.8 million, higher than the $224.5 million in the same period 106