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...

As revenues grow, ExxonMobil and Chevron pour cash at investors

Both corporations have avoided having to boost their capital investment to fund drilling and development.

Despite reduced oil and natural gas volumes, ExxonMobil and Chevron declared record earnings on Friday, returning billions of dollars to shareholders following record crude prices a...

INDIA FACES A SHARP DECLINE IN GOVERNMENT REVENUES

Highlights

• It is because the coronavirus hits economic activity
• A fall in investor sentiment impacts privatization plans

Government and industry sources state that India faces a sharp decline in government revenues and economic growt...

Huge blow to telecom cos

NEW DELHI MUMBAI KOLKATA:The Supreme Court dismissed the appeals for the reversal of the judgment, ruling on 24 October, of Vodafone Idea, Bharti Airtel and Tata Teleservices, which stretched to more than Rs 1.02 lakh crore adjusted gross revenues concept (ACRs) in the form of additional fees, SU...

Why retailers in South Africa still produce brick-and-mortar emporia

Advisory firm Accenture suggests that ancient retailers in South Africa ar golf stroke most of their efforts into their core brick-and-mortar stores as they notice on-line operations high-ticket to take care of and infrequently unprofitable. They are additionally finding it tough to live the come...