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American Corporation Bank of New York Mellon Financial from the beginning of the year to September increased its net profit by 15.4% in annual terms to 3 billion 384 million dollars, finversia.ru wrote, citing company reporting. Revenue for this period amounted to 12 billion 385 million dollars, an increase of 4.8%. In the third quarter, BNY Mellon's net profit reached $1 billion 114 million. Its annual growth was 9.2%. Calculated per share, profit amounted to 1 dollar 6 cents, while experts had predicted 1 dollar and 4 cents. Revenue, which rose by 1.3%, amounted to 4 billion 69 million dollars.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
On Tuesday, the International Air Transport Association (IATA) announced that international airlines are in line to make a combined net loss of more than $84 billion this year due to the coronavirus crisis which has decimated air travel demand. According ...
The National Bank of Canada and Scotiabank reported acceptable second-quarter results on Tuesday. Both banks surpassed analysts’ estimates even though their respective profits suffered from loan-loss provisions due to the novel coronavirus ...
Thailand’s economy hit its sharpest downturn in eight years in the first quarter. Though it contracted by less than speculated, struggling months impend as the coronavirus crisis ravages tourism and domestic activity. Southeast Asia’s ...
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