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Tag Archives: Profit

GM’s third-quarter China vehicle sales down 17.5%, as US automakers cede ground

10 October 2019, 10:52 AM

General Motors Co’s July to September vehicle sales in China fell 17.5%, as the United States (US) automaker was hurt by a slowing economy amid the Sino-US trade war and by heightened competition in its key mid-priced SUV segment.

Shoppers walk past a Ted Baker store on Regents Street in London.

Ted Baker posts loss, warns on full-year results

3 October 2019, 8:47 AM

The company, which had earlier flagged an “extremely difficult” start to the year, reported a pretax loss of $28.27 million.

Sanctions choke Iran’s crude sales but oil product exports are booming

2 September 2019, 1:13 PM

While United States (US) sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80%, oil product sales from the Islamic Republic remain strong at nearly $500 million a month, shipping data and Reuters calculations show.

Solidarity to bring application to place SAA under business rescue

2 September 2019, 8:26 AM

Trade union, Solidarity, says it is considering bringing an application to place South African Airways (SAA) under business rescue.

HP CEO steps down, flags quarterly profit below Wall Street view

23 August 2019, 7:36 AM

HP Inc said on Thursday Chief Executive Officer (CEO), Dion Weisler, is stepping down after nearly four years in the role and forecast fourth quarter profit below Wall Street estimates, sending its shares down 6% in late trade.

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