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British financial conglomerate Barclays has published its reports for the past year. According to the information based on these statements, the net profit of the bank before taxes decreased by 1% to 3 billion 494 million pounds, being below economists' forecast of 3,660 million pounds. At the same time, the bank reported an increase in operating income by 5% to 19 billion 668 million pounds. The fourth quarter was successful for the bank, when pre-tax profit showed a fourfold increase, amounting to 374 million pounds. At the same time, there was a quarterly decrease in operating income by 0.4% to 4 billion 430 million dollars.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
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 ...
KYC Policy