Chinese automakers profit slump deepens as BYD, Changan and Geely report steep Q1 declines Chinese automakers profit slump deepens as margins drop below 3%, with BYD, Geely and Changan reporting …
profit
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Business
Adidas reports robust Q1 revenue and profit growth ahead of World Cup
by Leo Müllerby Leo MüllerAdidas posts stronger-than-expected Q1 2026 as World Cup campaign lifts outlook Adidas surged in Q1 2026 with €6.6 billion revenue and a 15.5% rise in operating profit, keeping full-year guidance …
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Business
Mercedes Q1 2026 auto profit plunges 47% to €933m amid China slump
by Leo Müllerby Leo MüllerMercedes Q1 2026 results: Automotive EBIT plunges 47% to €933m as deliveries and China sales slide Mercedes Q1 2026 results: automotive EBIT fell 47% to €933m as sales dipped and …
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Business
Airbus Reports Q1 Profit Plunge Amid Engine Delays and Weak Dollar
by Leo Müllerby Leo MüllerAirbus profit slump amid engine delays and weak dollar dents Q1 results Airbus profit slump in Q1 as engine supply delays and a weak dollar reduced earnings and deliveries; company …
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Business
BP posts Q1 profit rise to $3.2 billion as oil trading outperforms
by Leo Müllerby Leo MüllerBP profit jumps to $3.2 billion in Q1 as oil trading offsets Middle East disruption BP profit rises to $3.2bn in Q1 as oil trading and higher Gulf of Mexico …
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Business
Tesla posts higher revenue and profit as deliveries rise amid Musk controversies
by Leo Müllerby Leo MüllerTesla Quarterly Results: Revenue and Profit Rise as Deliveries Increase Tesla quarterly results show revenue and profit growth driven by higher deliveries, with controversies around Elon Musk still weighing on …
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Technology
TSMC Q1 net profit jumps 58% and guides record quarterly revenue
by Helga Moritzby Helga MoritzTSMC profit surge: Q1 net income jumps 58% to €15.37B as company raises revenue guidance TSMC Q1 profit surges 58% to €15.37B, with revenue up 35%; the chipmaker now forecasts …