Germany updates: Deportations up, Volkswagen profits down DW 07/25/2025
Volkswagen has posted a sharp drop in second-quarter profits, citing US tariffs, rising production costs, and an increase in sales of electric vehicles with a smaller profit margin.
Profits soar at AI lending fintech Abound as borrowers turn away from traditional banks
Abound reported net profits of £7.5 million, a 25-fold increase from the previous year's £300,000, reflecting the growth of its AI-powered loans platform.
Nintendo profits tanked 43% in Q1 but hopes to bounce back with the Switch 2 release
Nintendo reported a 43% decline in profit for the fiscal year through March but expects a turnaround with the Switch console upgrade releasing in June.
Milbank Spread The Wealth Through Special Bonuses Because 2024 Was Yet Another Record Financial Year For The Firm - Above the Law
Milbank's record-breaking financial performance in 2024, characterized by significant revenue and profit increases, highlights the firm’s successful strategy and competitive recruiting.