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Amid Uncertainties, Dangote Cement Increases First Quarter 2022 Profit to N105.9 Billion

Dangote Cement Dangote Cement generated 105.9 billion naira in after-tax profit for the first quarter of 2022 in its African market, up 18% year-on-year, after selling a total volume of 7.2 million tons of cement. This follows a 24.2% increase in revenue over the same period, with the company saying it brought in N413.2 billion […]

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India’s Bharti Airtel beats quarterly profit estimates on fare hike

A girl checks her mobile phone as she walks past the Bharti Airtel office building in Gurugram, formerly known as Gurgaon, on the outskirts of New Delhi, India April 21, 2016. REUTERS/Adnan Abidi Join now for FREE unlimited access to Reuters.com Register BENGALURU, May 17 (Reuters) – Indian telecoms operator Bharti Airtel Ltd (BRTI.NS) said […]

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Saudi Aramco Reports First Quarter 2022 Net Profit of $39.5 Billion

State-owned oil producer Saudi Aramco reported a nearly 82% rise in first-quarter net profit on Sunday, broadly in line with analysts’ forecasts, helped by strong oil prices. For the latest headlines, follow our Google News channel online or through the app. Aramco, which is tied with Apple Inc as the world’s most valuable companies, reported […]

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Tabreed Net Income Up 3% in Q1; revenue reaches $114 million

National Central Cooling Company (Tabreed), a leading UAE-based district cooling developer, reported net profit of AED88.2 million ($24 million) for the first quarter, up 3.1% compared to the same period last year. The company’s revenue jumped 17% to reach AED419.9 million ($114.3 million). Announcing its consolidated financial results for the first three months ended March […]

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Air Arabia announces net profit of $79.21 million in the first quarter of 2022 thanks to the resumption of travel

Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier operator, reported a strong first quarter (January-March) 2022 on Wednesday as demand for air travel recovers was continuing. Air Arabia recorded a net profit of $79.21 million (291 million Dh) for the first three months ending March 31, 2022, an increase of […]

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Toyota Posts Record Full-Year Profit Despite Industry Challenges; US casinos raised money in March |

Toyota’s quarterly earnings down on parts crisis TOKYO — Toyota’s profit fell 31% to $4.1 billion in the January-March quarter from a year earlier, but the Japanese automaker still wrapped up a year of record profits. Quarterly sales increased nearly 6% to $62 billion. Like other automakers, Toyota has struggled to meet demand due to […]

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Nintendo’s profits fall slightly as Switch console sales slow

TOKYO (AP) — Nintendo’s profit for the fiscal year ended March was little changed from a year earlier, down 0.6% to 477.7 billion yen ($3.7 billion), the Japanese video game maker behind the Super Mario and Pokemon franchises said Tuesday. Sales for the fiscal year fell 3.6% to 1.7 trillion yen ($13 billion) as fewer […]

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Infineon more than doubles profits as chip crisis continues

Infineon has joined the ranks of chipmakers taking advantage of global industry-wide semiconductor shortages, more than doubling profits in a sector with very long lead times. Formerly Siemens Semiconductor, the Germany-based company reported revenue of 3.298 billion euros ($3.48 billion), up 22% year-on-year for Q2 of fiscal year 2022 ended March 31 [PDF]. Profit jumped […]

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RIL Q4 consolidated net profit up 22.5%; FY22 revenue at Rs 7 trillion

Reliance Industries (RIL), headed by Mukesh Ambani, on Friday reported consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022 (Q4 FY22), up 22.5% from Rs 13,227 crore rupees a year ago, but slightly below expectations. A poll of analysts by Bloomberg had pegged the net profit at […]

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The hidden profit potential of hotel breakfast

Hoteliers spend a lot of time training hotel staff and making sure their property is clean and welcoming. But when it comes to maximizing profits, breakfast can be an overlooked revenue booster. How? Because your guests use “breakfast included” as the main search filter. If your hotel depends on OTA search traffic, you want to […]

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Havells Q4 results: net profit up 16% to Rs 352 cr, sales up 33%

Consumer electrical goods maker Havells India Ltd on Wednesday reported a 16.01% rise in its consolidated net profit to Rs 352.48 crore for the fourth quarter ended March 2022. The company had posted a consolidated net profit of Rs 303.83 crore in the January-March quarter a year ago, Havells said in a regulatory filing. Its […]

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EOH considers selling after return to profit

EOH Holdings CEO Stephen Van Coller is considering selling the corrupt South African IT company after it returned the group to profitability, according to people familiar with the matter. The former Absa Group and MTN Group executive is seeking advice on how to price the venture, said the people, who asked not to be identified […]

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What stock picks could benefit from rising interest rates?

JThese stocks have taken a hit in 2022 as rising interest rates have lowered the present value of future earnings growth. Investors think twice before paying multiples above the market and instead focus on value stocks. However, a somewhat overlooked fact is that technology companies often have a very conservative capital structure. Most major tech […]

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Massachusetts man’s live streams cross the US while raising money for nonprofits

GREENFIELD, MA (WWLP) – A New England live streamer becomes the first person to document a march across the country to raise money for a non-profit organization. Sean Clancy began his cross-country walk in Boston Sunday morning at 9:00 a.m. near the New England Aquarium. About 30 people gathered for the send-off, including his friends […]

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Adani Wilmar Q4 Results: Net Profits 26% YoY, Revenues Up 40%

NEW DELHI: Adani Wilmar, which went public in February this year, said on Monday its consolidated net profit for the quarter ended March was Rs 234.29 crore, down 25.62 per cent compared to Rs 315 crore, reported in the corresponding quarter last year. The company said it saw a one-time gain in the form of […]

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Bexplus Announces 100x Leverage and 100% Bonus to Maximize Profit for Traders

Bexplus, a leading cryptocurrency exchange has announced 100x leverage and 100% bonus for traders to maximize their profits. Recently, the price of Bitcoin has been steadily surging, demonstrating its high volatility. Large fluctuations are scary but also bring incomparable opportunities. In this time of high volatility, choose a suitable platform, preferably a high leverage platform, […]

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IDFC First Bank profit jumps over 165% to Rs 343 Crore in March quarter

IDFC First Bank’s net profit more than doubled to Rs 343 crore in the March quarter New Delhi: IDFC First Bank on Saturday reported a two-fold increase in net profit to Rs 343 crore in the March 2022 quarter on the back of strong core operating profit and lower provisions for bad debts. The private […]

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Yes Bank reports fourth quarter net profit of Rs 367 Crore

YES Bank reported a net profit of Rs 367 crore for the March quarter on Saturday, compared to a loss of Rs 3,788 crore a year ago. The bank said it returned to profitability for the full year in the financial year ending March 2022, recording a profit of Rs 1,066 crore during the year. […]

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Synnex Australia net profit climbs to $44.9m

Kee Ong (Synnex A/NZ) 1 credit Synnex Australia saw its net profit increase from $42.2 million to $44.9 million, while revenue remained stable, rising from $2.7 billion to $2.8 billion during its fiscal year ending December 31, 2021. In financial statements filed with ASIC, gross profit fell from $144.6 million to $152.7 million. While profit […]

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Meta Q1 earnings and daily users beat Wall Street expectations

Meta, Facebook’s parent company, first-quarter earnings and its number of daily users beat Wall Street expectations despite the company’s slowest revenue growth since its IPO a decade ago. Meta cut a stark contrast to Alphabet, Google’s parent company, which on Monday reported what analysts called disappointing results, with earnings falling short of Wall Street expectations. […]

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Samsung profit beats estimates on strong sales of high-end memory chips and smartphones

Samsung Electronics Co reported higher first-quarter profits on strong sales of memory chips and high-end smartphones, but warned of risks ahead from inflation and geopolitical uncertainty. The South Korean giant’s net income rose more than 50% to 11.13 trillion won ($8.8 billion) in the three months to March. Analysts predicted 10.14 trillion won on average, […]

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Alphabet Revenue: Google Parent Profits Drop 8%

Google’s pandemic boom may finally be slowing down. Google’s parent company Alphabet on Tuesday reported an 8% drop in quarterly profit, driven by slowing growth in YouTube advertising and search as well as a drop in the value of its investments. The company posted a net profit of $16.44 billion for the first quarter, compared […]

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Federated Learning Solutions Market to See Lucrative Growth in 2022-2028 – Research by Rowelto Associates – themobility.club

Research objective The Rowelto Associates has published a market research report on “Federated Learning Solutions Market” which provides in-depth knowledge and insights on market size, revenue, various segmentations, growth drivers, restraining factors and the regional presence of the industry. The purpose of the market research conducted by Rowelto associates is to conduct an in-depth analysis […]

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Sydbank A/S Reports Q1 2022 Earnings and Upgrades Full Year 2022 Earnings Guidance

Sydbank A/S Company Announcement No. 16/2022 Peberlik 46200 ÅbenraaDenmark Tel +45 70 10 78 79Fax +45 74 37 35 36 Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk April 25, 2022 Dear sirs Statement from Sydbank A/Ss its Q1 2022 results and revises up her waitings for the benefit of the year 2022 Due to a very […]

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Casino tycoon Steve Wynn is selling his Palm Beach home for a big profit

Steve Wynn with 1040 North Lake Way in Palm Beach (Google Maps, Getty) Billionaire casino magnate Steve Wynn flipped a Palm Beach waterfront home for $32 million within a year of buying the property for $24 million. Property records show that 1040 North Lake Holdings LLC, run by Wynn and former Wynn Resorts general counsel […]

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Making the Most of Digital Marketing in the Nonprofit Sector

David Spriggs shares a few things to consider to help get your digital marketing started. Your organization’s online presence has never been more important. According to 2021 Digital Technology in the Nonprofit Sector report, organizations understand the importance of digital marketing, but less than half of these organizations track and report their efforts adequately, limiting […]

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Amazon will spend 11 days of profit on robotic warehouse workers

Amazon today announced a $1 billion venture capital investment program to drive innovation in three areas it cares about: fulfillment, logistics, and supply chain. The Amazon Industrial Innovation Fund (FIAI) will be financed using 11 days of the American giant $33 billion annual net income starting in 2021 (or 58 days of annual operating income […]

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Emirates NBD’s quarterly net profit up 18% to 2.7 billion dirhams

Emirates NBD posted the highest quarterly profit since 2019. Profit rose 18% to AED2.7 billion as retail lending, deposit growth and customer transactions reached record highs in the first quarter 2022.Credit quality continues to improve across the group, with a default rate of 20%. These results build on the pace of economic recovery in 2021. […]

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You should sell your old HomePod for profit

Photo: Ksenija Toyechkina (Shutterstock) Apple’s HomePod has had a short and eventful life. Reviewers praised the audio quality but criticized its smart features, which made its $350 price tag hard to recommend for most people. Even when Apple dropped the price to $299, too many people thought the speaker just wasn’t worth it. Some of […]

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PTDC and Mishal Pakistan to promote research in tourism sector

The Pakistan Tourism Development Corporation (PTDC) and Mishal Pakistan on Wednesday signed a Memorandum of Understanding to promote research in the tourism sector in Pakistan to develop the National Travel and Tourism Competitiveness Index on an annual basis. PTDC Managing Director Aftab ur Rehman Rana signed the MoU on behalf of PTDC while Mishal Pakistan […]

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Trump rally would violate nonprofit restrictions, fair advice says

After rejecting a request from former President Donald Trump to hold a rally at the Randolph Fairgroundsthe board that oversees Portage County Fair said allowing it would jeopardize the group’s tax-exempt status. Tracey Koszalka, chair of the fair’s board of directors, released a statement days after news broke of the attempted rally. Portage County Commissioners […]

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Is AI nothing more than a profit-generating tool for mega-corporations?

It is natural for organizations to flatter their rivals in the market by copying their successful business strategies. In fact, the company’s history is littered with examples of winning ideas that were easily replicated. Take for example the now crowded smart home assistant market. Few years after Amazon launched the Echo in 2015, competing products […]

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Pamplin Media Group – Multnomah County set to ban for-profit displays of human remains

The vote follows an event in Portland last year that featured an in-person dissection of a pay-per-view body. Last October, about 70 people gathered in a Portland hotel ballroom to watch the dissection of a corpse. The wife of the man whose body was dissected says she had no idea her husband’s remains would be […]

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Hdfc Bank Q4fy22: Net profit up 23% YoY, asset quality further improves

HDFC Bank made a net profit of ₹10,055.2 crore on a stand-alone basis for the quarter ending March 2022 (Q4FY22), up 22.8% year-on-year. The bank had recorded a net profit of ₹8,186.51 crores in the March quarter of last year, when the net profit was ₹10,342.20 crores in the third quarter of FY22. Profitability was […]

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Letter: Valley will benefit from a surf park — wait and see | Opinion

To the Editor – Do you remember the days before the wineries and breweries of the Yakima Valley? Our local economy was less robust and less resilient than it is today. We have learned from experience that value-added products help diversify and stabilize our economy. During the pandemic, many businesses in our local economy have […]

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Removal of VAT on BTCL profit sharing paid to foreign cos

The National Revenue Board has exempted foreign companies registered with the Bangladesh Telecommunications Company Limited from paying value added tax on profit sharing payments by BTCL to avoid double taxation of consumers. The value added tax wing of the BNR issued a special order offering the tax benefit on April 12. According to subsection (3) […]

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How does Google plan to spend 12% of its 2021 profits in 2022?

Google is doubling down on its infrastructure investments as it seeks to both expand its ability to better serve its customers and contribute more to the US economy. The company plans to spend $9.5 billion on office and data center projects in the United States in 2022, or about 12.5% ​​of parent Alphabet’s $76 billion […]

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Wells Fargo’s quarterly profit drops 21%

Wells Fargo WFC -1.01% & Co.’s profit fell 21% in the first quarter, despite an increase in lending and the release of more than $1 billion in funds the bank had set aside for potential losses. The San Francisco-based bank said Thursday it made $3.67 billion in the first quarter, up from $4.64 billion a […]

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Prince Harry’s non-profit Travalyst is teaming up with Google in a major effort to change the way we travel

April 13, 2022 – 7:40 p.m. BST Rebecca Lewis Google has partnered with Travalyst, the non-profit organization founded by the Duke of Sussex that encourages greener practices in the travel industry. Google has partnered with Travalyst, the non-profit organization founded by the Duke of Sussex which encourages greener practices in the travel industry, […]

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QNB Group’s first-quarter net profit rises 9% to $1 billion

QNB Group, the largest financial institution in the Middle East and Africa (MEA) region, reported net profit for the three months (Q1) ended March 31, 2022 of QR 3.6 billion ($1 billion) , an increase of 9% over the same period last year. Operating income rose 16% to QR 7.7 billion ($2.1 billion), reflecting the […]

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SocialAmp reports record profit of £1.5m

British digital marketing company SocialAmp has announced record profits and plans for global expansion. Founded in 2017, the company provides paid digital services to customers including Boohoo, Pretty Little Thing, MTV, Nickelodeon and Billionaire Boys Club. SocialAmp posted 67% year-on-year growth with a profit of £1.5m. The company claims to be on track to make […]

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Save Venice Gala and non-profit organization celebrate 50 years

Matteo Prandoni/BFA.com Few years ago, GTC asked the question: how can we really save Venice? The real answer is complicated, with some advocating being more conscientious tourists rather than day-trippers and Christopher Bollen arguing against visiting at all, leaving Venice “alone like the eternal enigma of fantasy it has always been – across the globe.” […]

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Dream11 posts profit of Rs 327 Cr in FY21; revenues increase by 53%

India’s fantasy sports market is poised to become an international giant, expected to grow from $4.6 billion in FY21 to over $22 billion by FY25, according to a recent report. Fantasy Sports Federation of India report in partnership with Deloitte. One of India’s oldest fantasy sports companies, Dream11 has led the charge, even as it […]

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Tokyo stocks give up gains on profit-taking – Markets

TOKYO: Shares in Tokyo opened higher on Tuesday after Wall Street gains led by tech giants, but quickly retreated on profit-taking as investors were cautious amid Ukraine-related uncertainties. The benchmark Nikkei 225 initially rose on the open but fell 0.11%, or 31.91 points, to 27,705.28 at the start of trade. The broader Topix index fell […]

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APAC, Europe and America to Become a Profit Center for Bot Platform Software Market Players Over 2021-2027

The report studies the global Robot Platform Software market with many industry aspects such as market size, market status, market trends and forecast, the report also provides brief information about the competitors and specific growth opportunities with key market drivers. The report offers valuable insights into the Bot Platform Software market progress and market-related approaches […]

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Western-Owned Russian Company Helps Sites Spreading Fake News Profit From Ads | Russia

A Russian tech giant owned mostly by Western investors is help websites spreading false claims about the war in Ukraine earn thousands of dollars every day from digital advertising. Yandex is considered the Russian equivalent of Google, operating both a search engine and a vast digital advertising business. Its deputy chief executive, Tigran Khudaverdyan, resigned […]

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Chinese Huawei announces lower sales in 2021 and higher profits | Economic news

By JOE McDONALD, AP Business Writer BEIJING (AP) — Six months after he was released by Canadian authorities following a diplomatic standoff involving Washington and Beijing, Huawei’s chief financial officer said on Monday the telecoms equipment giant could move out of a ” dark” of trade disruptions due to US sanctions. Huawei Technologies Ltd. announced […]

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Chinese Huawei announces lower sales in 2021 and higher profits

Chinese telecoms equipment maker Huawei says sales in 2021 plummeted but profits rose 76% despite US sanctions in a year when its chief financial officer was freed by Canadian authorities, ending a stalemate with Washington on its relations with Iran By JOE McDONALD AP Business Writer March 28, 2022, 08:53 • 3 minute read Share […]

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Seeking help: Afghan refugees receive questionable aid from non-profit organization

Following the Attacks carried out by the Islamic State group in Kabul last August which left at least 73 people dead, more than 850 Afghan refugees were forced to evacuate and start their new lives in five cities in Ohio, including more than 35 who came to Toledo. The non-profit association, U.S. togetherwho helps refugees […]

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A Bay Area nonprofit ready to provide aid, even in the Ukrainian war zone

Bay Area nonprofit ready to donate to Ukraine, even in war zones Bay Area nonprofit ready to donate to Ukraine, even in war zones SAN JOSE – Stories from Ukraine of human suffering, children and families fleeing death and destruction from the Russian invasion touched hearts and rallied an army of volunteers for a Bay […]

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34 billion in profits on stocks thanks to the acquisition of companies abroad

D+ D – Normal size Local stock exchanges consolidated their gains in trading over the past week, and their market capitalization reached 34 billion dirhams, with strong support for foreigners and companies buying to seize opportunities in light of attract attractive pricing and sentiment, especially for Dubai Electricity and Water Authority (DEWA) shares at the […]

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NJ mayors raise money for wildlife nonprofit in St. Patrick’s Day bartending contest

Union Township Mayor David DeGiralamo took on Clinton City Mayor Janice Kovach in a friendly bartending tip contest on St. Patrick’s Day, raising nearly $1,000 for the Woodland Wildlife Refuge, Inc. Assuming the role of mixologists for the night, the two mayors competed in a guest bartending contest with the least savvy guest bartender agreeing […]

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The best ways to make profit with real estate in 2022

Real estate investing continues to be a good option to park your spare money and earn a steady profit or income. Photo: Getty The 2022 real estate market is shaping up to be one of the most difficult to predict. There’s the impact of COVID, likely interest rate hikes, the cost of living crisis, and […]

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SpotOn unveils tools to help restaurants boost profit margins in the face of inflation

“Points of Profit” Shows How Flexible, Integrated Technology Can Help Restaurants Break Out of the 5-7% Profit Margin Plateau According to the Independent Restaurant Coalition, 42% of independent restaurants that did not receive RRF grants are on the verge of bankruptcy SpotOn challenges the restaurant industry’s single-digit profit margin standards, offering complementary tips and tools […]

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What made startups click in Pakistan?

The coronavirus pandemic has changed the business landscape in multiple ways. While some companies have struggled to adapt to emerging challenges, several opportunities have been created in different markets that companies have capitalized on. Generally speaking, there has been an increase in the number of startups in different sectors that aim to bring innovative solutions […]

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Milbank: Zelensky says “peace is more important than profit”. Koch Industries disagrees |

In his heartbreaking speech to Congress, Ukrainian President Volodymyr Zelensky demanded more from the United States – and he will get more. American leaders from all walks of life hailed Zelensky after speaking to them on Wednesday from Kyiv in his drab olive T-shirt – part Winston Churchill and part Che Guevara. For all the […]

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REMINDER/The Ford government plans an unprecedented profit

TORONTO, March 17, 2022 (GLOBE NEWSWIRE) — What: The Ford government is embarking on an unprecedented privatization of health care. Recently, Health Minister Christine Elliott announced plans to expand private for-profit clinics and hospitals in Ontario. The Ford government is halfway through awarding more than 18,000 long-term care beds to for-profit corporations under 30-year contracts, […]

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Big Data Processing and Distribution Software Market to Witness Lucrative Growth in 2021-2027 – The Bollywood Ticket

A new research report from the document repository of SearchMoz offers a detailed study of Global big data processing and distribution software market. The study presented in the report is aimed at assisting companies in developing or modifying their business expansion strategies by utilizing significant insights regarding the global Big Data Processing and Distribution Software […]

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Pfizer stock: strong and stable earnings generators (NYSE: PFE)

David Dee Delgado/Getty Images News The investment thesis The thesis here is really simple. Pfizer (PFE) is currently trading at a discount of around 10% to its fair value. Yet at the same time: It enjoys a wide moat thanks to its technological lead, scale, intellectual property and strong pipeline. It generates a very competitive […]

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Which traditional entities perpetuate sexual exploitation? Nonprofit releases 2022 ‘dirty dozen list’

Which dominant entities perpetuate and profit from sexual exploitation? the National Center on Sexual Exploitation (NCOSE) answers this question every year, calling 12 of the top offenders. The Center has published its 2022 Dirty Dozen List Last week. In it, they singled out 11 companies and a Christian non-profit organization “for facilitating, enabling, and even […]

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Oracle Stock Slips as Lack of Q3 Profit Offsets Strong Cloud Outlook

Oracle (ORCL) – Get the Oracle Corporation report Shares fell in premarket trading after the cloud-focused software group posted weaker-than-expected third-quarter earnings, offset by a strong near-term outlook. Oracle, which derives most of its revenue from its cloud services and licensing support unit, missed Street’s earnings forecast by 5 cents with second adjusted net income […]

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Ahead of IPO, LIC Reveals Third Quarter Results; profit rises to ₹235 cr

Insurance giant Life Insurance Corp. (LIC) released its financial results for the December quarter (Q3FY22), ahead of its planned IPO. According to the insurer’s website, the net profit rose to ₹235 crore in the third quarter against a lean ₹94 lakh at the same time last year. Similarly, net income for the nine months ended […]

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Oracle’s quarterly earnings halve, shares tumble

Oracle Corp posted a sharp decline in third-quarter earnings as the enterprise software and cloud company spends heavily on building data centers around the world, and also posted losses on some other investments. Shares of the Austin, Texas-based company, which have fallen about 13% so far this year amid a technology rout, fell 6% in […]

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B Corps: How the future of business is profit with a purpose

B Corps are changing the way we do business. They’re still the new kids in the neighborhood, but their numbers are growing fast. They are driven by a desire to make things better through commerce and to replace the emphasis on individualism with an ethic of interdependence. Because business can’t prosper where people don’t prosper. […]

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Fujitsu will burn $600 million in profits to offload older workers

Fujitsu has warned investors that its full-year profits will fall 23.6% below previous forecasts as it extended an offer for older workers to leave in favor of younger people more likely to offer the DX, or “l ‘digital experience’, which customers demand. A Tuesday announcement was exceptionally candid about the Japanese giant’s intentions, stating, “As […]

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Sumo Logic Reports Strong Revenue Growth, But Low Earnings Forecast Disappoints

Data analysis software company Sumo Logic Inc. beat expectations today for its fiscal fourth-quarter financial results, but its stock fell slightly in extended trading after warning of a lower-than-expected profit. The company reported a net loss of $33.5 million for the quarter, or 13 cents per share. Revenue for the period increased 24% from a […]

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Bumble beats earnings estimates and bets on international growth

The Bumble Inc. (BMBL) app is shown on an Apple iPhone in this photo illustration as the dating app operator made its public debut on the Nasdaq stock exchange on February 11, 2021. REUTERS/Mike Blake/Illustration Join now for FREE unlimited access to Reuters.com Register March 8 (Reuters) – Bumble Inc (BMBL.O) beat fourth-quarter earnings estimates […]

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Students woo investors with money-making ideas

Affordable and unique, products featured at Business Blasters Investment Expo tick all the right boxes Affordable and unique, products featured at Business Blasters Investment Expo tick all the right boxes Smart safety devices, pocket-sized but durable shoes, smart walking sticks for the visually impaired… affordability remained the common goal of “young entrepreneurs” attending the Business […]

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PowerFleet, Inc. (NASDAQ:PWFL)’s move from loss to profit

We think it’s a good time to analyze PowerFleet, Inc. (NASDAQ: PWFL) As it seems, the company may be on the verge of a huge achievement. PowerFleet, Inc. provides wireless and machine-to-machine Internet of Things solutions in the United States, Israel and around the world. The $110 million market cap company posted a loss of […]

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Wall Street praises Ford’s EV plans, questions sales and profit targets

Employees work on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at Ford’s Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images Wall Street has welcomed Ford Motor’s plans to internally separate its legacy and electric vehicle businesses, it said Wednesday, pushing the […]

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Benefit or principle? For US big tech Facebook, YouTube, Apple, the invasion of Ukraine presents a dilemma

Big tech companies struggle to deal with authoritarian governments. AFP Washington: US tech giants were under intense pressure to choose a side regarding the invasion of Ukraine, facing both calls to oppose Moscow’s internationally condemned war, but also retribution from the Kremlin for his resistance. Services like Facebook, Twitter, and YouTube have unique power because […]

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Li Auto posts a second consecutive quarterly profit. The stock is on the rise.

Text size Li Auto ONE Courtesy of Li Auto Chinese electric vehicle manufacturer Li-Auto reported a profitable fourth quarter even as the company increased its vehicle development spending. The results looked pretty good and the stock was gaining in premarket trading on Friday. Li Auto (ticker: LI) rose about 1.9% to almost $28 per share. […]

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Jeffrey Crockett’s New Book “100% Profit” Is Functional Reading That Helps Business Owners Achieve Financial Freedom

RIVIERA BEACH, Florida (PRWEB) February 25, 2022 Jeffrey Crockett, a graduate in physical education and health, has finished his new book “100% Profit”: an insightful opus that will guide entrepreneurs towards financial independence. At the same time, inspire them to create a positive contribution to their neighborhoods, communities and society. Crockett shares, “In this […]

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WPP turns a profit after stinging loss in 2020

WPP profits after stinging 2020 loss, but shares fall sharply on fears Russian invasion could cripple economies WPP returned to a profit in 2021 after dropping to a huge loss in 2020 The group’s share price has fallen sharply – but WPP boss maintains optimistic outlook for 2022 By Jane Denton for Thisismoney Published: 10:38 […]

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Nine’s half-year profit points to record result ahead

Getty Nine Entertainment reported revenue of $1.3 billion, up 15%, and net profit after tax up 18% to $213 million for the six months to December. Group EBITDA (earnings before interest, tax, depreciation and amortization), before specific items, was above forecast at $406 million, up 15%. Free-to-air TV EBITDA increased 10% to $189 million, equating […]

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Lenovo’s data center business is finally turning a profit • The Register

Lenovo’s data center and infrastructure business turned a profit for the first time. The Chinese giant had high hopes for the data center when it acquired IBM’s x86 server business in 2014, but was quickly disappointed after a failed strategy to crash IBM’s Sling servers its PC sales force. A reorganization created a dedicated data […]

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Amazon sues ‘fake review brokers’ who try to profit from generating misleading and fraudulent reviews

Amazon seeks to shut down sites that threaten the authenticity of customer reviews SEATTLE, February 22, 2022–(BUSINESS WIRE)–Amazon (NASDAQ: AMZN) has filed lawsuits against bogus review brokers who orchestrate the posting of incentivized and misleading product reviews, in exchange for money or free products. The lawsuits seek to shut down two major fake review brokers, […]

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Krispy Kreme posts first quarterly profit since IPO

Krispy Kreme reported its first quarterly profit since its IPO on Tuesday, but fell short of Wall Street earnings expectations. Shares of the donut company rose nearly 2% in premarket trading. Since its IPO in July, the stock has struggled, falling 33%. Here’s what the company reported compared to what Wall Street expected, based on […]

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Advertising fortunes at stake in a conflict between online privacy and profit

SAN FRANCISCO (AFP) – Facebook and Google are under increasing pressure to better balance privacy and ad targeting – with their fortunes at stake as users rebel, regulators loom and Apple leaps at the moment to polish its image . At the heart of the matter is what internet companies should know about people’s online […]