Tag: Profits
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Who is Profiting from the Ukraine-Russia War?
The ongoing conflict between Russian and Ukrainian forces in the Eastern front has resulted in significant devastation and economic hardships for Ukraine. Russian attacks have targeted various regions, including Kupiansk in the Kharkiv region, as reported by Deputy Defense Minister Hanna Maliar on Telegram [Al-Jazeera]. Russian President Vladimir Putin claims that Ukraine’s attempts at a…
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Strong demand for large autos in the US boosts General Motors’ fourth-quarter profits
New York, Feb 10 (AFP/APP): Strong demand for large autos in the United States boosted General Motors’ fourth-quarter profits as the big automaker projected Wednesday higher 2021 operating earnings despite a global semiconductor supply shortage. GM reported fourth-quarter profits of $2.8 billion, compared with a loss of $194 million in the year-ago period. Revenues rose 21.7 percent…
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Bankia Quarterly Profits Slump 80% on COVID19 Woes
Bankia Quarterly Profits have slumped 80% on COVID19 woes.