SHANGHAI (Reuters) -China's Ant Group posted net profit of 5.4 billion yuan ($749 million) for the three months to December 31, down 31.4% from a year earlier, Reuters calculations based on Alibaba Group Holdings' earnings released on Thursday showed. The e-commerce giant reports profit from Ant one quarter in arrears. Chinese media earlier this month reported that the fintech group...

06:09 AM EDT, 05/15/2025 (MT Newswires) -- Birkenstock Holding ( BIRK ) reported fiscal Q2 adjusted earnings Thursday of 0.55 euro ($0.62) per diluted share, up from 0.41 euro a year earlier. Analysts polled by FactSet expected 0.53 euro. Revenue for the quarter ended March 31 was 574.3 million euros, up from 481.2 million euros a year earlier. Analysts polled...

May 15 (Reuters) - Deere & Co ( DE ) cut the lower end of its annual profit forecast on Thursday over softer demand for its tractors from farmers opting to rent machines instead. The world's largest agricultural-equipment maker expects its annual net income to now be between $4.75 billion and $5.5 billion, compared to its prior forecast of $5...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...