Net income for the quarter ending July 31, 2025, rose to $5.4 billion, a 21% increase from the prior year. TORONTO: The Royal Bank of Canada (RBC) reported record third-quarter net income on Wednesday, driven by strong growth across its business segments despite a backdrop of global trade uncertainty and rising tariffs. The bank’s…
World’s largest retailer posted revenue of $177.4 billion for the quarter ended July 31 BENTONVILLE: Walmart Inc (NYSE: WMT) raised its full-year sales and earnings guidance on Thursday after reporting a 4.8% rise in second-quarter revenue, driven by strong performance in eCommerce and advertising across its global operations. The world’s largest retailer posted revenue…
Company’s reported revenue grew by 8% to $1.18 billion SYDNEY: CAR Group Ltd. announced its full-year results for FY25 on Monday, reporting excellent revenue and earnings growth across all key markets. The results, which align with the company’s estimates from July 17, highlight the resilience of its global business model and the potential for…
Dow drops 332 points as Caterpillar, Eli Lilly slump; chipmakers rally on Trump’s tariff exemption NEW YORK: U.S. stocks reversed early gains and closed lower on Thursday as renewed concerns over President Donald Trump’s tariff policy weighed on investor sentiment, with industrial and pharmaceutical shares leading the retreat. The Dow Jones Industrial Average fell…
Dow Jones slips 62 points as services data and tariff talk rattle investor confidence U.S. stocks retreated Tuesday as investors weighed weaker-than-expected economic data and fresh tariff remarks from President Donald Trump, raising concerns about the health of the economy. The S&P 500 fell 0.49% to close at 6,299.19, while the Nasdaq Composite dropped…
OSLO: DNB Bank ASA reported a second-quarter post-tax profit of NOK 10.4 billion ($980 million), down 3% from NOK 10.8 billion a year earlier, as strong growth across customer segments offset the impact of increased operating expenses and macroeconomic uncertainty. Pre-tax operating profit before impairment stood at NOK 13.8 billion, slightly below NOK 14.1…
Berkshire Hathaway Inc. has announced its operating results for the first quarter of 2024, alongside a comparison with the same period in 2023. The conglomerate urges investors and the media to consult the detailed financial report available in the 10-Q document on their official website, as the summarized information provided does not suffice for…