Financial Performance

Berkshire Hathaway says tax law gives it $29B boost in 4Q

Feb 24, 2018

Berkshire Hathaway's fourth-quarter results received a $29 billion boost from the new tax law last year and more than offset any weaknesses in the company's businesses

Volkswagen says earnings up more than 50 percent in 2017

Feb 23, 2018

Automaker Volkswagen AG says its net profit increased by more than half last year, while revenue climbed more than 6 percent

BMW looking at Chinese-made electric MINI

Feb 23, 2018

BMW says it is talking with a Chinese automaker about a possible partnership to produce electric versions of its MINI cars for the world's biggest auto market

UK taxpayer-owned RBS reports first profit in a decade

Feb 23, 2018

Taxpayer-owned Royal Bank of Scotland has reported its first profit in a decade but warned that 2018 results may be hit by a pending settlement with U.S. officials

Markets Right Now: Stocks end mostly higher on Wall Street

Feb 22, 2018

Stocks are closing mostly higher on Wall Street after much of a midday rally faded away by the closing bell.

Funds expert Q&A: Gold is good hedge to volatility in 2018

Feb 22, 2018

Despite decent outlooks for the U.S. economy and corporate earnings, gold funds remain a good hedge against the likelihood of heightened market volatility and inflation, according to Tushar Yadava, investment strategist for US iShares at BlackRock.

Spike in bond yields upends US stock market rally

Feb 21, 2018

U.S. stocks closed broadly lower Wednesday after an early gain faded as investors reacted to a late-afternoon surge in bond yields

South Africa's FM under scrutiny ahead of Cabinet reshuffle

Feb 21, 2018

South Africa's finance minister under scrutiny ahead of new president's Cabinet reshuffle

Budget carrier flydubai sees profits and revenue increase

Feb 21, 2018

Budget carrier flydubai says its earnings and profits have increased from the year before, with revenue reaching 5.5 billion dirhams ($1.5 billion) and profits at 37.3 million dirhams ($10 million) last year

MGM misses 4Q profit forecasts, shows effects of shooting

Feb 21, 2018

MGM Resorts 4Q profit misses analysts' expectations, tops revenue forecasts

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

Contact us: