French shipping giant CMA CGM SA, owned by billionaire Rodolphe Saade and his family, said that weak demand for freight transportation and gloomy economic prospects hurt the company’s earnings during the current quarter. The world’s third largest container line is getting more pessimistic than the company warned about 3 months ago when the family business … Read more
About 45 billion dollars… Huawei’s revenues in the first half of this year SHENZHEN, Aug. 14, 2022 (Xinhua) Chinese tech giant Huawei posted revenue of 301.6 billion yuan (about 44.7 billion U.S. dollars) in the first half of 2022, with a net profit margin of 5 percent, according to the company’s semi-annual report released Friday. … Read more
“Conditions are improving,” said Sony CFO Hiroki Totoki, promising that the volume of PS5s available would “significantly increase” in the second half of 2022-23. (Photo: 123RF) Tokyo — Japanese giant Sony lowered its full-year profit forecast on Friday, expecting worse-than-expected results, particularly in its video game division due to recent acquisitions, but betting on PlayStation … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" In an exclusive interview with Sky News Arabia, the CEO of Etihad Airways Tony Douglas said that there is a noticeable improvement in the company’s financial performance during the first quarter of this year. He continued: "We had the strongest first-quarter results in our history as we generated about $290 … Read more
• Strong performance during the first quarter of 2022 with record revenues of 8.17 billion dirhams, an annual increase of 700% • Continued growth in assets totaling 52.56 billion dirhams by the end of the first quarter of 2022 Abu Dhabi, United Arab Emirates: Alpha Abu Dhabi Holding Company PJSC announced: (“Alpha Abu Dhabi” or … Read more
Since a few months, Activision Blizzard is at the heart of video game news. Whether in relation to its takeover by Microsoft several weeks ago or so various accusations of sexual harassment, the group is talking about him. All this news has obviously an impact on the company and in particular on its financial results. … Read more