Earnings

Kering issues luxury profit warning, Gucci sales to plunge 20%

A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June…

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Japan averted a technical recession as…

IQiyi posts first year of profits and says it’s ‘excited’ about Sora

A view of iQiyi’s website featuring a variety TV show, taken on Tuesday, Aug. 22, 2023. Bloomberg | Bloomberg |…

HSBC profit misses estimates; bank announces $2 billion share buyback

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on…

Japan’s economy unexpectedly contracted in the fourth quarter of 2023

An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market,…

Japan economy shrinks far more than expected in Q3

View of Mount Fuji and the Tokyo skyline at dusk. Yongyuan | E+ | Getty Images Japan’s economy shrank in…

Oil giant profit slides 23% in third quarter

Saudi state oil giant Aramco posted a 23% drop in net profit in the third quarter, down to $32.6 billion…

Huawei grows faster than Apple in China in Q3 after Mate 60 launch

A poster of a Mate 60 mobile phone with satellite capabilities at Huawei’s flagship store in Shanghai, China, on Sept.…

Meta widens revenue guidance range, cites Middle East unpredictability

Omar Marques | Lightrocket | Getty Images In Meta’s earnings report on Wednesday, the company gave guidance for the fourth…

China posts 4.9% growth in the third quarter, stronger than expected

Tourists enjoy the night view along the Jialing River on February 15, 2023 in Chongqing, China. Vcg | Visual China…