BAE Systems Lifts Guidance After Sales Jump
BAE Systems raised its full-year guidance after it reported a 13% rise in sales for the first half as defence spending was high across its key markets. Source link
Month: August 2024
Mitsubishi UFJ's Quarterly Profit Falls on Higher Credit Costs
The Japanese financial company reported a decline in its first-quarter net profit, partly due to higher credit costs. Source link
Interview: Axa UK looks to leverage scale – Foley
Axa Commercial can now move “quicker and price more effectively” due to a new workbench system, which is “beneficial” to brokers and customers, according to Tara Foley, CEO of Axa UK and Ireland. The commercial business has been on a journey of transformation noted Foley, pictured, and is rolling its products onto the system. “Jon … Read more
BMW's Key Auto Unit Held Back by China Struggles
BMW’s auto unit reported slightly lower-than-forecast profitability in the second quarter as revenue was weighed by heightened competition and weaker consumer sentiment in China. Source link
Rising IoT market spurs cellular antenna shipments
Research has indicted that there will be sharp growth in global cellular internet of things (IoT) connections over the course of the decade, leading to a commensurate spike in the deployment of new technology and services to enable the automation of IoT device management and security,. In the latest study of the arena, IoT market … Read more