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    The price of misconduct: Bank profits fall .7 billion in royal commission’s wake

    Australia’s big four banks have seen their profits dip after the royal commission ... customers’ expectations with the banks’ operations.

    Increased customer compensation’ pushes ANZ annual profits down

    though these losses grew to 16 per cent for cash profits including discontinued operations. “Retail banking in Australia faced strong headwinds with housing growth slowing and borrowing capacity ...

    Xinyi Solar plans to float PV project operations unit to finance glass production expansion

    Parent company hopes to receive a 2m windfall – half of it upfront – by offering shares in its solar farm operations unit and then using the net profits to sell the newly-spun out business its six- ...

    Cummins India Q2 profits up by 38pct

    Net revenue from sales operations grew 30 per cent at INR 1,451.55 crore during the period under review as compared to INR 1,118.43 crore in the same period last year. Mr Sandeep Sinha ...

    Big Oil strikes a gusher of profits

    The British oil major BP said its third quarter profits nearly doubled to almost .4 billion. The companies benefited not only from higher oil prices and production, but also soild earnings from refi...

    Profits down at Sega despite upswing in packaged game sales

    Sales and profits are on the wane at Sega ... In the company's Entertainment Contents division, which houses its video game operations, net sales rose by 5.6 percent to 107.2 billion yen ($ ...

    Shell Profits Peak in Q3

    It was .691 billion in the second quarter. Profits were helped by stronger oil and gas prices as well as bigger contributions from trading operations, though offset by weaker refining margins, tax a...

    Novo Nordisk cuts jobs as profits slip

    Novo Nordisk, the world's top manufacturer of insulin, announced Thursday it is cutting 1,300 jobs as part of a restructuring of its research and development operations. "The total workforce is expect...

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