Business
DBS Q3 profit down 2% to S$2.95 billion; beats expectations
DBS’ net profit for the third quarter ended Sep 30, 2025, fell 2 per cent to S$2.95 billion, compared with S$3.03 billion from the…
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Business
McDonald's beats sales estimates as value meals pull in cautious diners
McDonald’s beat estimates for third-quarter global comparable sales on Wednesday (Nov 5) as affordable meal offers from the fast-food…
Business
BP profit beats expectations, helped by refining margins
It made an underlying replacement cost profit, or adjusted net income, of US$2.21 billion Oil major BP reported a smaller than expected…
Business
Aramco profit beats estimates in first sign of easing pressure
Net income adjusted for one-time items rose 0.8% to US$28 billion in the third quarter from a year earlier Saudi Aramco reported profit…
Business
Crypto exchange Coinbase beats analysts’ estimates as trading volumes surge
Cryptocurrency exchanges often benefit from volatility in the sector as they earn more through transactions with investors seeking to…
Beauty
Estee Lauder beats quarterly estimates on robust growth in fragrances
It posted quarterly sales of US$3.48 billion, compared with analysts’ estimate of US$3.38 billion Estee Lauder beat Wall Street estimates…
Business
StanChart raises outlook as quarterly profit beats estimate
The performance is largely a result of the bank’s wealth management unit and global banking STANDARD Chartered lifted its income and…
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
UBS Q3 profit beats expectations as investment banking rebounds, legal costs ease
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted…
Business
Mercedes beats margin forecasts as premium sales offset job-cut charges
[BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business…
Business
Nomura profit beats estimates on stock trading, M&A advisory
Nomura Holdings’ profit beat analysts’ expectations last quarter, buoyed by equity trading and advising on mergers. Net income fell 6.4…
Business
Intel beats third-quarter profit estimates as cost cuts, investments pay off
INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its…
Business
Kering beats third-quarter forecasts as smaller brands cushion Gucci decline
Kering’s overall group sales fell less than analysts expected in the third quarter thanks to the performance of its smaller brands and…
Business
Bank of America beats profit estimates on dealmaking strength
It reported a net income of US$8.5 billion, or US$1.06 per share, in the three months ended Sep 30 Bank of America beat Wall Street…
Business
Morgan Stanley’s profit beats estimates on boost from dealmaking, stock trading
Morgan Stanley’s third-quarter profit beat market expectations as investment bankers brought in more fees from advising on deals and by…
Business
JPMorgan lifts interest income forecast after profit beats estimates
JPMorgan Chase raised its full-year forecast for net interest income (NII) on Tuesday (Oct 14), after strong performance in its trading…
Business
Citi revenue beats in every division as compensation costs climb
Citigroup beat Wall Street revenue estimates across all five of its major business lines, a haul that’s helping the firm manage rising…
Business
Goldman’s profit beats estimates as dealmaking rebound boosts investment banking
Goldman Sachs beat Wall Street expectations for third-quarter profit on Tuesday (Oct 14), as its investment bankers earned higher advisory…
Business
Singapore shares fall 0.8% even as Q3 GDP growth beats forecast
Shares on the Singapore bourse closed lower on Tuesday (Oct 14), even as the city-state’s economy grew faster than expected. The benchmark…
Business
Ericsson beats quarterly core profit estimates, shrugs off tariffs
Swedish telecoms equipment maker Ericsson reported a better-than-expected rise in quarterly earnings on Tuesday (Oct 14) and played down…
Business
Qantas’ annual profit beats estimates on strong travel demand
— RALIAN carrier Qantas Airways posted a better-than-expected annual underlying profit on Thursday, driven by robust travel demand across…
Business
Geely profit beats estimates amid reshuffle, sector scrutiny
Geely Automobile Holdings’ first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider…
Business
Lenovo’s profit beats estimates with PC growth and AI demand
US President Donald Trump has announced tariffs on imports from some trading partners and declared plans for a 100% levy on chips, raising…
Business
Instacart posts strongest order growth since 2022, beats earnings estimates
Instacart posted its strongest order growth since 2022 for a second straight quarter and beat earnings estimates for the current period, a…