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...So if I lose $4 million in the junkets, I only need to make $1 million in mass to recover it. Because it’s four times more profitable.”...
...Revenue also fell slightly to £7bn from £7.2bn a year earlier, the bank said on Thursday, but outpaced expectations....
...Equity market activity rose just 1.6 per cent. Profits hit £1.9bn, a 7.6 per cent rise on the same period last year....
...Gross profits hit £1.9bn, a 7.6 per cent rise compared to the same period last year. Microsoft has a 4 per cent stake in the group and they have been building new products together....
...Revenues in Barclays’ UK division fell 7 per cent to £1.8bn, while net interest income dropped 4 per cent to £1.5bn....
...Contracts tracking the benchmark S&P 500 and the tech-heavy Nasdaq Composite were down 0.7 per cent and 1.3 per cent, respectively, ahead of the New York trading session....
...Revenues at its investment bank rose 13 per cent to €3bn, driven by a 7 per cent increase in fixed-income trading and a 54 per cent jump in origination and advisory....
...The investment bank recorded a 13 per cent increase in revenue to €3bn, driven by a 7 per cent increase in fixed-income trading and a 54 per cent jump in origination and advisory....
...The maker of Sprite and Fanta raised its full-year organic sales outlook to a range of 8 to 9 per cent, up from 6 to 7 per cent....
...Cargotec: Shares in the Finland-based container logistics company soared 13 per cent after it posted its strongest ever quarterly results, including an order book of €1.7bn....
...Eurozone residential property prices in the fourth quarter fell 0.7 per cent from the previous quarter and 1.1 per cent from a year earlier, according to data from Eurostat....
...Excluding one-time expenses, BofA’s earnings exceeded expectations, falling 13 per cent to $7.2bn in the three months....
...Sterling was down 0.7 per cent against the dollar at $1.2469 in early afternoon trading in London, pushed lower by a broader surge in the dollar....
...The deal is worth up to HK$13.91bn (€1.7bn), the company said on Monday, and values its equity at €6bn. The offer from Geiger and his backers was final, it added....
...He controls 27.7 per cent of the club’s voting rights, following a deal agreed with the majority-owning Glazer family on Christmas Eve last year....
...United flew 8.2mn customers in the final fortnight of 2023 — an average of 483,000 each day — as it reported net income of $1.81 a share on $13.6bn in revenue in the three months ended December 31....
...Chief executive Luigi Lovaglio had previously guided annual profits would be around €1.1bn....
...The package included $1.5mn in base salary, a $7.9mn cash bonus, $5mn in deferred equity and $13.2mn in a long-term incentive award....
...The package included $1.5mn in base salary, a $7.9mn cash bonus, $5mn in deferred equity and a $13.2mn in a long term incentive award....
...United flew 8.2mn customers in the final fortnight of 2023 — or an average of 483,000 each day — it said Monday as it reported net income of $1.81 a share on $13.6bn in revenue in the three months ended...
...That compares with ECB forecasts for eurozone growth of 0.7 per cent this year, 1 per cent next year and 1.5 per cent in 2025....
...Revenue climbed 7 per cent to $34.9bn, bolstered by government infrastructure contracts....
...His strongest tie to the business, however, is that he remains its biggest single shareholder, with a holding of 17.7 per cent....
...Year on year, the average asking price rose 1.7 per cent across all property types, the highest annual rate in 12 months, according to the portal....
...Shares in Amazon, which have risen by about 17 per cent this year, rose 1.2 per cent in after-hours trading....
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