Etichetta: profits

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Private children’s home bosses in England criticised over huge profits

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Children’s home providers in England should not be able to profit from caring for society’s most vulnerable children, the new head of the Association of Directors of Children’s Services (ADCS) ha detto. Steve Crocker ...

Saudi oil giant Aramco reports 82% rise in quarterly profits

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Saudi Aramco, the world’s biggest oil company, has disclosed an 82% rise in quarterly profits to a new record of $39.5bn (£32.2bn), boosted by an increase in demand and higher crude prices. L'azienda, which last wee...

Shell profits soar to $9.1bn amid calls for windfall tax

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Shell has reported a record quarterly profit of $9.1bn (£7.3bn) for the first three months of the year, piling more pressure on the government to implement a windfall tax to fund measures to tackle soaring household e...

BP profits double to $6.2bn, fuelling calls for energy windfall tax

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BP’s profits more than doubled to $6.2bn (£5bn) in the first three months of the year, adding to pressure on ministers to impose a windfall tax to aid households struggling with soaring energy and fuel bills. The ene...

Rivelato: top US corporations raising prices on Americans even as profits surge

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As inflation shot to a new peak in March, cost increases exacted a deep toll on the economy, eating into most Americans’ wages and further imperiling the financially vulnerable. But for many of the US’s largest compan...

Rivelato: top 10 children’s care providers made £300m profits

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Il 10 largest providers of children’s social care placements made more than £300m in profits last year, according to research that will fuel concerns over profiteering by private providers. As pressure mounts within ...

Dentist found guilty of damaging patients’ teeth to boost profits

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A Wisconsin dentist was found guilty of healthcare fraud and other charges after he intentionally damaged his patients’ teeth to boost profits, raking in millions from his scheme. Scott Charmoli, 61, was convicted of ...

The Guardian view on Rishi Sunak’s politics: profits above wages

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Just as Russian tanks were starting to roll into Ukraine, Rishi Sunak revealed himself to be a Thatcherite in trainers. His Mais lecture last month was a paean to his heroine’s philosophy. Yet the past decade has show...

Grocery workers seek better pay and conditions as chains reap huge profits

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After more than two years as essential workers on the frontlines of the Covid-19 pandemic, grocery store workers around the US are pressuring supermarket corporations to raise wages and improve working conditions amid...

Serco’s annual profits surge 21% to £216m on back on Covid contracts

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Serco bemoaned “wildly unfair” criticism of its role in the much-criticised NHS Covid-19 test-and-trace scheme, as the outsourcing firm reported increased full-year profits that could fund more than £100m in sharehold...

Moneysupermarket profits hit as energy crisis offsets travel gains

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Consumer demand for travel insurance is returning to near pre-pandemic levels, according to the price-comparison site Moneysupermarket, but high energy prices mean it does not expect any profit from tariff switching t...

BP can thank Moscow for plenty of its jackpot profits

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BP is just the latest major oil company to provoke political outrage after reporting its highest profits since 2013, fuelled by a year of record-breaking energy market prices that are adding to the UK cost of living c...

As energy bills rise, oil giants are poised to make unpopular profits

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Millions of British homes are preparing for a cost of living crisis prompted by the global gas supply crunch, but the high market prices mean big revenues for the world’s fossil fuel giants. That includes BP, which is...

Amazon profits surge as company raises price of Prime membership

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Amazon’s profits surged to $14.32bn in a fourth quarter marked by record holiday sales, the company said in its earnings report on Thursday, while also announcing an increase in the price of Amazon Prime membership to...

Google remains dominant as company reports quarterly profits of $20bn

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Google’s parent company, Alphabet, ended 2021 on another high note, reporting better than expected results in a year when it nearly doubled profits despite growing regulatory scrutiny of its business. The company repo...

Burberry predicts 35% rise in annual profits backed by Asia sales

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Burberry is forecasting that full-year profits will grow 35% compared with last year, as strong sales of its luxury clothing and bags in Asia and the US drive its trading rebound from the pandemic. The British luxury ...

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