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Chevron’s Q2 Profit Slips Over 25% Amid Maintenance Costs

Houston, August 2 (FFN) – Chevron, the American oil giant, reported a more than 25% decline in second-quarter profit, falling short of market expectations....

Intel to Cut 15,000 Jobs Amidst Financial Pressures

Santa Clara, August 2 (FFN) – Intel, the American chipmaker, is set to eliminate around 15,000 jobs globally, equating to approximately 15% of its...

Exxon Mobil Reports Significant Q2 Earnings Boost

Spring, Texas, August 2 (FFN) – American oil giant Exxon Mobil has announced a surge in second-quarter earnings, driven by the acquisition of Pioneer...

Salvatore Ferragamo’s Profit Plunges Over 40% in First Half

Milan, August 2 (FFN) - Italian luxury goods manufacturer Salvatore Ferragamo has reported a significant decline of over 40% in its operating profit for...

Apple’s Quarterly Revenue Surpasses $85 Billion, Driven by iPad Sales

San Jose, August 2 (FFN) – Apple's revenue surged to over $85 billion in the third quarter of its fiscal year, despite a decline...

Volvo Car Sales Up Over 6% in July

Stockholm, August 2 (FFN) - Swedish automaker Volvo Cars reported a sales increase of more than 6% last month, driven by demand for its...

Oil Prices Tick Up but Remain on Downward Trajectory

Singapore, August 2 (FFN) – Oil prices edged higher on Friday, with Brent crude surpassing $80 a barrel. However, the commodity is still on...

Tokyo Stock Market Tanks in Worst Day Since Pandemic

Tokyo (FFN) – Japan's stock market suffered a catastrophic plunge on Friday, with the Nikkei 225 index plummeting over 5%. The dramatic decline was...

French Industrial Production Grows Slower Than Expected in June

Paris, August 2 (FFN) – France’s industrial production returned to growth in June, but at a slower pace than anticipated, according to data released...

Hugo Boss Reports Significant Drop in Profit, Focuses on Cost Cutting

Metzingen, August 1 (FFN) – German fashion brand Hugo Boss has reported a significant drop in net profit in the second quarter. In response...

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