Thursday , March 28 2024
Home / Tag Archives: profits

Tag Archives: profits

Kwork.ru - услуги фрилансеров от 500 руб.

EU agrees to tap profits from frozen Russian assets

EU member states have reached an agreement that is expected to allow Brussels to transfer the income generated by Russia’s frozen central bank reserves to Kiev, according to an X (formerly Twitter) post on Monday by the Belgian presidency of the EU Council.  “EU Ambassadors just agreed in principle on …

Read More »

Emergency order targets ‘extra profits’ of big firms

Hungary intends to fund its military and social safety programs by taxing banks, insurance companies, airlines, energy and telecom utilities and others, Prime Minister Viktor Orban announced on Wednesday. It’s Orban’s first action under a state of emergency that Budapest has just enacted, citing the conflict in neighboring Ukraine. The …

Read More »

Meta profits crash

Facebook’s parent company Meta Platforms has reported a 21% drop in profits for the first quarter of this year, the company’s slowest revenue growth since going public a decade ago. According to the First Quarter 2022 Results released on Wednesday, the company’s profit was $7.5 billion as opposed to $9.5 …

Read More »

JPMorgan profits crash

JPMorgan Chase said on Wednesday its first-quarter profit has dropped by 42% from last year, partly because the bank wrote down nearly $1.5 billion in assets due to higher inflation and the winding down of business in Russia amid the conflict in Ukraine. The bank, the largest in the US …

Read More »

Russia to reap huge profits from energy exports — media

Russia’s energy revenue is expected to skyrocket this year if trading partners continue purchases of oil and gas from the sanction-hit country. Russia will get an estimated $321 billion in energy exports in 2022, marking a surge of more than a third compared to last year, according to a Bloomberg …

Read More »

Ex-governor Cuomo ordered to pay back ‘Covid profits’

The Joint Commission on Public Ethics (JCOPE) in Albany voted 12-1 on Tuesday to claw back the profits Cuomo made from the book, saying he inappropriately used state resources – namely, the staff that worked in the governor’s office – to have it written. The only holdover was a commissioner …

Read More »

Restaurant chain invests all profits in bitcoin and makes a fortune

Quick-service restaurant chain Tahini’s, based in London, Ontario, which serves Middle Eastern cuisine, made its first investment in bitcoin in August 2020 when it cost around $12,000 per token. Despite recent drops, the world’s biggest cryptocurrency by market capitalization traded at over $56,390 early Tuesday morning, nearly five times higher …

Read More »