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BBVA, Spain's second-largest lender, reported a 13% increase in net profit for Q3, driven by strong performance in Spain and Mexico. The earnings beat estimates, supported by high interest rates that boosted lending revenue. However, the bank also saw a deterioration in South America, overshadowing the profit gain. Meanwhile, Tata Steel reported an unexpected quarterly loss due to poor performance in its European units, despite an increase in production in India. The company canceled a press conference where it was expected to announce job cuts and the shutting of blast furnaces at its UK steel plant.
Tata Steel said it expects to start formal consultations soon with its employees in the UK about the future of the operations https://t.co/z0a6FtOGKO
Tata Steel Ltd. said it expects to start formal consultations soon with its employees in the UK about the future of the operations https://t.co/wBTzDqEn9d
Tata Steel Ltd. said it expects to start formal consultations soon with its employees in the UK about the future of the operations https://t.co/F7p6wWKIVf
Tata Steel reports an unexpected quarterly loss as the poor performance of its European units failed to offset an increase in production in India https://t.co/OdTwRQpRwU
Tata Steel cancels a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside thousands of job cuts https://t.co/HuH9htdvfw
Tata Steel cancels a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside thousands of job cuts https://t.co/53ARLDVvnS
Tata Steel reports an unexpected quarterly loss as the poor performance of its European units failed to offset an increase in production in India https://t.co/jCXa4YBkHp
Tata Steel cancels a press conference where the firm was expected to announce the shuttering of blast furnaces at its UK steel plant alongside thousands of job cuts https://t.co/wB0bHchTK8
Tata Steel expected to confirm up to 3,000 UK jobs at risk at Welsh factory https://t.co/AplWOhW99g
Tata Steel is set to announce the shutting of blast furnaces at its UK operations alongside thousands of job cuts https://t.co/h0Ru8jXoNo
Ternium posts 77% quarterly income boost as steel shipments jump https://t.co/e4bVpTqz03 https://t.co/MmsMlruz5Y
BBVA sees further deterioration in South America, overshadowing Q3 profit gain https://t.co/enHqq402VZ https://t.co/zCYn0pYFPu
BBVA sees further deterioration in South America, overshadowing Q3 profit gain https://t.co/M1xjZ634SX https://t.co/SVjHq2fTIP
BBVA's Q3 net profit rises 13% boosted by Spain and Mexico https://t.co/Vkv0vXrgyB https://t.co/xkWh39hk2T
Spain’s second-largest lender BBVA reports earnings that beat estimates as high interest rates support lending revenue, offsetting a pick-up in provisions for souring loans and a loss in Turkey https://t.co/JhPpcDrqEc
⚠️ BBVA'S Q3 NET PROFIT RISES 13% BOOSTED BY SPAIN AND MEXICO Full Story → https://t.co/HwqJPN5RNy