BP’s New Strategy Shifts from Green Energy to Oil Profits, Angering Environmentalists
BP invested $2.5 billion (£1.9 billion) in biofuels, hydrogen, EV charging, and renewable energy. BP has ...
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OpenAI’s Path to Becoming a Leading For-Profit AI Entity
Founded as a non-profit in 2015, OpenAI added a for-profit subsidiary which was largely invested by ...
Shein’s Profits Skyrocket, Hitting $2 Billion Before Going Public
Shein was created in the Chinese city of Nanjing, and it still does the majority of ...
Target’s Profitability Boosted By Improved Inventory Management
Target’s strategies aim to counter-react to declining sales amid challenges posed by inflation, interest rates, and ...
Toyota Sees Profit Jump as Chip Shortage Eases
Japan's multinational automotive manufacturer, Toyota, announced excellent sales in every region for the first three-quarters of ...
Saudi Aramco’s Q1 Profit Declined To $31 Billion
Saudi Aramco, the oil giant, announced its earnings for the first quarter on Tuesday. It recorded ...
Samsung’s semiconductor division faces the biggest drop in profits since 2009
The operating profit of Samsung’s semiconductor division is projected to drop 90% to $1.1 billion. Samsung ...
Lloyds Struggles With Mortgage Loans As Profit Growth Slows Down
Lloyds had discharged assistance of 1.4 billion pounds after the covid aftermath. This year it has ...
HSBC Signals a Peak In Windfall Profits Amid Interest Rates Hike
HSBC, Europe's largest bank, posted a record rise of 92 per cent in its quarterly profits ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
