Search result for revenue
Societe Generale returns to profitability, but faces domestic market pressures
Societe Generale returned to profitability in the second quarter of this year, but its performance was hampered by reduced revenues in France and broader global banking challenges.
The net income of the bank was 900 million euros ($983.6 million). This is significantly higher than the 1...
Elon Musk asserts that Twitter will alter its logo and abandon 'all the birds'
Elon Musk tweeted that he planned to alter Twitter's logo, stating, "Soon we will say goodbye to the Twitter brand and all the birds."
In an early Sunday morning tweet, the social media platform's billionaire owner added, "If a good enough X logo is posted tonight...
The conference failed to calm South Korea's semiconductor and auto industries.
Presidents Yoon Suk Yeol and Joe Biden met, but little concrete came out of it to soothe South Korean chip producers' and automakers' concerns about Washington's increasingly protectionist policies, leaving them disappointed. After their meeting on Wednesday, the two presidents held a...
Google's $168 billion in advertising revenue is at stake in a Supreme Court case
Google is being sued by the family of Nohemi Gonzalez, a 23-year-old US citizen who was among at least 130 people murdered in coordinated Islamic State attacks in Paris in November 2015. The family claims that Google's YouTube should be held accountable for automated suggestions of Islamic St...
According to Sarandos, India will be Netflix's fastest growing market in '22, with revenue increasing by 25%.
NETFLIX Co-CEO Ted Sarandos said on Friday that India will grow the fastest of any country in the world by 2022. With $5.6 billion in operating income on $32 billion in revenue, the global streaming company saw a 30% increase in engagement or watch time and a 25% increase in revenue in India.
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The Market for Indoor Entertainment for Families is Forecast to Grow to $52.59 Billion at a CAGR of 10.3 Percent from 2018 to 2030. In a study conducted by Emergent.
Market growth is being fueled by factors such as rising disposable income in developing nations and a rise in the number of family entertainment centres designed to cater to families. Revenue growth in the global family indoor entertainment market is being fueled by a number of factors, including...
Max Health gross revenue reached a lifetime high in Q2FY23 due to improved occupancy
Max Healthcare Institute (MHIL) reported a profit after tax of Rs 511 crore in the second quarter of the fiscal year 2022-23, while revenue increased by 9% to Rs 1,567 crore. Max Healthcare has achieved its highest-ever gross revenue.
Higher occupancies and a better payor mix drove reve...
GST Increase to Help Generate Revenue for Singapore
On Wednesday, the Finance Minister of Singapore, Lawrence Wong, said that the plan to increase the Goods and Services Tax will help the country in generating revenue that it needs to invest in the social infrastructure of the island and in its people.
Mr. Wong made these comments in a v...
Ikea distributes $128 Million in bonuses for employees
Ingka, the company that controls the majority of Ikea's stores said that employees would be paid bonuses across all markets.
Ikea will be paying employees a total of 110 million euros in bonuses, for their work during the pandemic, according to the Ingka Group.
Hig...
CHINA’S FISCAL REVENUE IN Q1 OF 2021 ROSE 25.5 PERCENT
Highlights –
- China’s fiscal revenue in Q1 of 2021 rose 25.5 percent.
- The Ministry of Finance, the country's fiscal revenue topped 7.8 trillion yuan.
- Tax revenue in the first four months came in at nearly 6.75 trillion yuan.<...
ATTRITION IN COGNIZANT IS IMPACTING REVENUE
Highlights:
- Cognizant has hired 28,000 employees this year, however, the company’s attrition rate is higher compared to its Indian peers.
- Cognizant has surged in the past two quarters and has hovered in the range of 18%-24% for the past nine qua...
SOUTH AUSTRALIA’S PRIMARY AGRICULTURE INDUSTRIES PRODUCED 14.1 BILLION DOLLAR REVENUE
Highlights:
- The primary industries of Australia have generated a strong revenue of 14.1 billion dollars
- David Basham said that, the farmers of Australia should be proud for the generated revenue in the 2019-2020 financial year
Accord...
Vivo Mobile India Spent 1133 Ten-Million On Advertising In FY20
HIGHLIGHTS
- Vivo Mobile India Spent Rs. 1133 Ten-Million on advertising In FY20.
- Business intelligence platform Tofler accessed financial data to reveal the widened Vivo's net loss.
Vivo's net loss widened to Rs 348.94 ten-mil...
ALCOHOLIC BEVERAGE MAKERS MAY SEE SHARP RECOVERY
HIGHLIGHTS
- COVID-related lockdowns hurt liquor trade in India.
- Temporary closure of liquor stores hurt the business as liquor was deemed as a non-essential product.
- 20% to 25% of liquor industry volumes got wiped out temporarily as restaura...
JAPAN REPORTS CINEMABOX-OFFICE REVENUES TO HAVE DECLINED THE MOST IN 2020
Highlights –
- Japan reports cinema/box-office revenues to have declined the most in 2020.
- ‘Demon Slayer’ provided the most revenue in 2020 for the country.
- ‘Demon Slayer’ earned about 22% of total revenue. ...
JAPAN CABINET TO ISSUE MORE NEW BONDS WORTH $1.08 TRILLION TO MANAGE ECONOMY
Highlights –
- Japan Cabinet to issue more new bonds worth $1.08 trillion to manage the economy.
- Japan’s tax revenue is expected to fall more than 8 trillion yen short in fiscal 2020.
- The third supplementary budget for the current...
DOVERIE UNITED HOLDING'S H1 CONS NET PROFIT ALMOST DOUBLED
HIGHLIGHTS
- Doverie United Holding has witnessed a rise in its profits.
- Profits in the first half of this year were more than the profits earned during the same period in last year.
Recently, Bulgarian diversified group Doverie United...
INDIAN GOVERNMENT PANEL MAY REDUCE SPECTRUM PRICES
HIGHLIGHTS
- TRAI has not reduced the reserve price for spectrum.
- However, the inter-ministerial panel of the Indian government might reduce the prices.
According to unconfirmed source, although the Telecom Regulatory Authority of Indi...
TRAVEL AND TOURISM SECTOR URGED EUROPEAN GOVERNMENTS TO AGREE ON HARMONISED TRAVEL RESTRICTIONS
Highlights:
- The European Travel and Tourism Sector or alliance has requested the European Governments to agree on the harmonised travel restrictions
- The European tourism sector has been calling for the better co-ordination between the member states an...
KYUSHU RAILWAY CO. TO REDUCE NUMBER OF TRAIN SERVICES ON CONVENTIONAL LINES
Highlights –
- Kyushu Railway Co. to reduce number of train services on conventional lines.
- Coronavirus pandemic has led to a fall in customers using train services.
- Revenue for ticket sales from April 6 to Aug. 24 has gone down to 65 p...