Facebook was given the thumbs down by Wall Street despite doubling quarterly profits as it warned growth will slow sharply in coming months. Shares in the social media giant fell […]
NZ bank profits fell 28 per cent in 2020 but they still made over $4 billion
New Zealand bank profits fell by a whopping 28 per cent in 2020 – a drop of $1.58 billion to $4.14 billion. The fall was the largest in the 10-year […]
Samsung profits soar on work from home demand
Samsung Electronics has seen its earnings soar as sales were boosted by millions working and learning from home during the virus pandemic. The world’s largest maker of smartphones said second […]