profits
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Key Takeaways President-elect Donald Trump on Monday pledged big tariffs on the United States’ three largest trading partners – Canada, Mexico and China – detailing how he will implement campaign promises that could trigger trade wars. Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada…
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U.S. social media company Twitter Inc. Thursday said it saw a revenue of $936 million in the third quarter of 2020, up 14 percent year on year. Its net income was $28.66 million in July-September, or 0.04 cents per share, compared with a net income of $37 million, or 0.05 cents per share in the…
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Business analysts said earlier today that Burberry, the famous British luxury goods designer, was expected to benefit from Brexit and a fast crashing sterling but the forecast came out wrong as the company’s shares performed contrary to an expected £125m profits. Burberry’s shares dropped 6.9 per cent at the open, according to a report from CityAM. The…
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