BASF Q2 results up on higher prices, volumes; boosts FY21 outlook
Ludwigshafen, Germany (dpa-AFX) – BASF reported a 56-per-cent surge in second-quarter sales, largely driven by higher prices and volumes in all segments. Sales for the quarter grew by 7.1 billion euros (8.38 billion dollars) to 19.8 billion euros from 12.7 billion euros generated in the prior year period. Earnings before interest and taxes (EBIT) increased…
Andy Murray and Joe Salisbury crash out of Olympic men’s doubles
Tokyo (PA Media/dpa) – Andy Murray and Joe Salisbury’s medal hopes were ended by a quarter-final loss to Croatians Marin Cilic and Ivan Dodig in the men’s doubles on Wednesday. The British pair had been in excellent form through the first two rounds and things seemed to be going smoothly when they broke Cilic to…
Deutsche Bank turns to net profit in Q2, revenues down
Frankfurt/Main (dpa) – German banking major Deutsche Bank reported Wednesday that its second-quarter net profit attributable to shareholders 692 million euros (817 million dollars), compared to last year’s loss of 77 million euros. Group profit before tax was 1.17 billion euros, compared to last year’s 158 million euros. Net revenues of 6.24 billion euros, down…
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