Dossier
first-half profit
Coverage of first-half profit in the Nexus archive.
- Swiss Re Profit Beats Estimates as Re-Insurer Boosts Cost Cuts
Swiss Re AG reported that its first-half profit surpassed estimates. This positive performance was attributed to all key business units performing in line with targets, coupled with the announcement of a new round of cost cuts.
- Absa’s Shares Tumble as a Stronger Rand Bites
Absa shares fell nearly 7% after the South African bank warned that a stronger rand and weaker Africa earnings would reduce first-half profit. The bank attributed the decline to currency and regional performance factors.