Financial Performance

Budget carrier FlyDubai ends 2018 with $43.5M loss

Feb 20, 2019

FlyDubai says revenues rose to $1.7 billion in 2018, but the company ended the year with a loss of $43.5 million

Markets Right Now: Stocks extend gains into a 4th week

Feb 19, 2019

Stocks shook off a wobbly start and ended modestly higher on Wall Street, extending the market's gains into a fourth week.

Payless files for bankruptcy, closing North American stores

Feb 19, 2019

Payless files for bankruptcy as it winds down North American biz

HSBC reports net profit at $12.6B in 2018

Feb 19, 2019

Europe's biggest bank has reported its net profit jumped 30 percent in 2018 from the previous year to $12.6 billion

China auto sales fall in January for eighth month

Feb 19, 2019

China's auto sales fall for eighth month in January, extending painful decline for the biggest global market

Stocks post strong finish as optimism over trade talks grows

Feb 15, 2019

The Dow Jones Industrial Average surged more than 400 points Friday as renewed optimism over trade talks between the U.S. and China put investors in a buying mood

Markets Right Now: Stocks surge, boosted by trade talks

Feb 15, 2019

Stocks surged on Wall Street after Chinese and U.S. officials agreed to continue trade talks in Washington next week.

European car sales slide in January

Feb 15, 2019

The European carmakers' association says new passenger car sales in the region dropped by 4.6 percent in January, weighed down by big declines in Spain and Italy

Outlook overshadows strong quarter at Coca-Cola

Feb 14, 2019

Coca-Cola's strong quarter overshadowed by outlook with the strong dollar weighing on organic revenue

Nestle profit rise amid deal-making, eyes future of Herta

Feb 14, 2019

Nestle says net profit rose more than 40 percent last year, pointing to revived growth in its key Chinese and U.S. markets and laying out plans to slice off its Herta cold cuts businesses to focus more on plant-based foods and "high-growth" categories

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