British oil giant BP profits slump amid decline in oil refining marginsBP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
Travis Perkins profits slump as construction sector remains 'uncertain' - London Business News | Londonlovesbusiness.comTravis Perkins' profits have dropped nearly 25% due to weakening demand and pricing pressures in the construction sector.
British oil giant BP profits slump amid decline in oil refining marginsBP reported a significant drop in net profit due to weak oil trading and refining margins, indicating challenges amid falling oil prices.
Travis Perkins profits slump as construction sector remains 'uncertain' - London Business News | Londonlovesbusiness.comTravis Perkins' profits have dropped nearly 25% due to weakening demand and pricing pressures in the construction sector.
Wetherspoon shares slide as soaring labour and energy costs hit profitsJD Wetherspoon's shares fell 10% despite increased sales due to rising costs affecting profits.The company remains optimistic about future sales growth despite disappointing first-half profits.
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by TariffsNissan faces declining sales and potential tariffs, compounding its financial struggles.
Tesla Warns That Trump's Tariffs Are Hurting It TerriblyTesla faces a significant downturn with a 71% decline in profits and rising concerns over tariffs and quality issues.
2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by TariffsNissan faces declining sales and potential tariffs, compounding its financial struggles.
Tesla Warns That Trump's Tariffs Are Hurting It TerriblyTesla faces a significant downturn with a 71% decline in profits and rising concerns over tariffs and quality issues.
Honda and Nissan end talks to form a joint ventureHonda's profit declined 7% as auto sales struggled, despite healthy motorcycle sales and increased overall revenue.
Shell investors in line for multibillion-dollar windfall despite weak profitsShell maintains shareholder rewards despite falling profits, highlighting strong cash flows and effective cost management.
Tesla's Profit Fell Sharply Last YearTesla's profit dropped sharply in 2024 amidst rising competition in the electric vehicle market.Sales rose slightly, but profits fell significantly compared to 2023 due to competitive pressures.
Germany's Mercedes sees profits nosedive on weak China sales DW 10/25/2024Mercedes-Benz's Q3 profits plummeted over 50%, significantly impacted by the declining Chinese market and fierce competition. Strategic challenges ahead.
Toyota and BMW are the latest casualties in China's evolving EV marketToyota and BMW are significantly affected by declining profits due to intense competition from local Chinese EV manufacturers in a challenging market.
Tesla's Profit Fell Sharply Last YearTesla's profit dropped sharply in 2024 amidst rising competition in the electric vehicle market.Sales rose slightly, but profits fell significantly compared to 2023 due to competitive pressures.
Germany's Mercedes sees profits nosedive on weak China sales DW 10/25/2024Mercedes-Benz's Q3 profits plummeted over 50%, significantly impacted by the declining Chinese market and fierce competition. Strategic challenges ahead.
Toyota and BMW are the latest casualties in China's evolving EV marketToyota and BMW are significantly affected by declining profits due to intense competition from local Chinese EV manufacturers in a challenging market.
Topps Tiles cautions over 'significant' cost pressures for next year amid the Budget - London Business News | Londonlovesbusiness.comTopps Tiles faces significant cost pressures and a steep profit decline, prompted by rising wages and uncertainty in the economic environment.
'The industry shot itself in the foot' - Brompton boss blames lack of sales as profits crash by 99%The COVID-19 pandemic severely impacted Brompton's profits, which plummeted over 99% due to increased competition and rising costs.
Topps Tiles cautions over 'significant' cost pressures for next year amid the Budget - London Business News | Londonlovesbusiness.comTopps Tiles faces significant cost pressures and a steep profit decline, prompted by rising wages and uncertainty in the economic environment.
'The industry shot itself in the foot' - Brompton boss blames lack of sales as profits crash by 99%The COVID-19 pandemic severely impacted Brompton's profits, which plummeted over 99% due to increased competition and rising costs.
West End producer Cameron Mackintosh reports profits dip due to cost increasesCameron Mackintosh's company faces profit declines due to rising costs despite increased revenues from popular West End shows.
Apple Warns on Product ProfitApple warns of possible profit decline on new products, suggesting recent financial performance might be a peak for investors.
Coppers into gold: multi-million euro profits of the company behind iconic Dublin nightclub Copper Face JacksBreanagh Catering Ltd faces profit decline despite a revenue increase, raising concerns about cost management and operational efficiency.
Apple Warns on Product ProfitApple warns of possible profit decline on new products, suggesting recent financial performance might be a peak for investors.
Coppers into gold: multi-million euro profits of the company behind iconic Dublin nightclub Copper Face JacksBreanagh Catering Ltd faces profit decline despite a revenue increase, raising concerns about cost management and operational efficiency.
Mercedes profits nosedive on weak China sales DW 10/25/2024Mercedes-Benz profits dropped over 50% in Q3 due to challenges in the Chinese market and increasing competition.
Stellantis Needs A Turnaround. But The Fix Is Far From ClearStellantis faces declining profits and sales due to rising labor costs, high interest rates, and intense competition in the automotive market.
BMW profits drop due to faulty brakes and slumping Chinese salesBMW's quarterly profits dropped 84% due to declining sales in China and a significant vehicle recall, marking severe challenges for the company.
Stellantis CEO Tavares quits and hands over to interim committeeStellantis CEO Carlos Tavares resigns amid profit decline and weakened sales, with his approach conflicting with the company board and shareholders.
Can VW's bet on Brazil help as sales in Germany, China fall? DW 10/31/2024Volkswagen is facing severe profitability issues and potential job cuts as it transitions to electric mobility amidst rising competition and operational challenges.
Mercedes profits nosedive on weak China sales DW 10/25/2024Mercedes-Benz profits dropped over 50% in Q3 due to challenges in the Chinese market and increasing competition.
Stellantis Needs A Turnaround. But The Fix Is Far From ClearStellantis faces declining profits and sales due to rising labor costs, high interest rates, and intense competition in the automotive market.
BMW profits drop due to faulty brakes and slumping Chinese salesBMW's quarterly profits dropped 84% due to declining sales in China and a significant vehicle recall, marking severe challenges for the company.
Stellantis CEO Tavares quits and hands over to interim committeeStellantis CEO Carlos Tavares resigns amid profit decline and weakened sales, with his approach conflicting with the company board and shareholders.
Can VW's bet on Brazil help as sales in Germany, China fall? DW 10/31/2024Volkswagen is facing severe profitability issues and potential job cuts as it transitions to electric mobility amidst rising competition and operational challenges.
Volkswagen Profit Shrinks as Unions Threaten StrikeVolkswagen's profit decline signals urgent cost-cutting needs as the company faces potential layoffs and plant closures in Germany.
Partner pay at Big 4 firms is dropping, the latest sign of the consulting slowdownPayouts to partners are declining at Big Four consultancies due to slower sales and higher partner counts.
James Bond film maker reports profit fall in year without blockbuster releaseEon Productions' profits plummeted due to no new Bond film, marking its third-longest break between releases.
PageGroup sees profits tumble as September trading disappointsPageGroup faces significant trading difficulties as the global jobs market struggles to improve post-summer.
Burberry profits slump by 40% as demand for luxury goods slowsBurberry's profits dropped by 40% due to decreased demand for luxury goods in Asia and the Americas.