Big US banks rake in near $50bn profit as Iran war shakes markets
US banks reported nearly $50bn in profits in Q1, driven by increased demand for trading services amid market turbulence from the US-Israeli war on Iran.
Shell oil trading profits soar amid Iran war but Qatar strikes hit gas output
Shell is set to report significantly higher profits due to market volatility from the Iran crisis, with earnings expected between $200m and $700m in Q1.
Kingfisher profits surge as B&Q and Screwfix drive growth - London Business News | Londonlovesbusiness.com
Chief Executive Thierry Garnier noted that the company has made 'rapid progress' in its growth strategy and anticipates further profit increases this year, with adjusted earnings expected to range from £565 million to £625 million.
Germany updates: Deportations up, Volkswagen profits down DW 07/25/2025
Volkswagen has posted a sharp drop in second-quarter profits, citing US tariffs, rising production costs, and an increase in sales of electric vehicles with a smaller profit margin.
Profits soar at AI lending fintech Abound as borrowers turn away from traditional banks
Abound reported net profits of £7.5 million, a 25-fold increase from the previous year's £300,000, reflecting the growth of its AI-powered loans platform.
Nintendo profits tanked 43% in Q1 but hopes to bounce back with the Switch 2 release
Nintendo reported a 43% decline in profit for the fiscal year through March but expects a turnaround with the Switch console upgrade releasing in June.