Italy introduces surprise windfall tax on banks’ interest rate profits
The Italian government has introduced a surprise 40% windfall tax on the profits made by banks from high interest rates.Ministers…
Next beats forecasts again as profits to be £10m higher than expected due to greater sales
Increased sales at high street retailer Next has generated an extra £10m of profit, the company announced in a trading…
MicroStrategy Q2 Profits Soar With 467 $BTC Purchase
Software company MicroStrategy is continuing its Bitcoin investments with its latest purchase of 467 BTCs, significantly contributing to its Q2…
OUTsurance expects profits to surge up to 45%
Newly listed short-term insurance group OUTsurance expects full-year profits to surge up to 45% on the back of increased earnings…
HSBC accused of ‘making hay’ out of high interest rates after profits boom
HSBC has been accused of benefiting from higher interest rates while not fully passing them on to savers - after…
Shale producers Pioneer Natural, Devon post sharp drop in second-quarter profits
(Reuters) -Pioneer Natural Resources Co and Devon Energy Corp posted a sharp drop in their second-quarter profits on Tuesday, as…
NatWest chairman refuses to quit over Farage debacle as bank reports surge in profits
NatWest's chairman has said he does not intend to follow Dame Alison Rose out of the door yet as the…
S&P 500 Profits Get a Lift From the Crack in King Dollar’s Reign
Breadcrumb Trail Links PMN Business With the Federal Reserve nearing the end of its most disruptive monetary-tightening campaign in a…
Adidas to donate profits on Yeezy trainer sales to charity – but won’t reveal amount
Adidas is to sell another batch of its Yeezy trainer line with some of its profits heading to charity, but…
Shell and Total profits shrink as oil and gas prices fall
Receive free Shell PLC updatesWe’ll send you a myFT Daily Digest email rounding up the latest Shell PLC news every…
