profits

Profits sink as Dell abandons its direct-sales model and targets consumers..

Dell says that a "strategic" effort to cut the prices of its computers, had dented its earnings.

Diageo, owner of Guinness and Johnnie Walker, says it faces a "challenging" market after seeing little change in annual profits.

Mining giant Antofagasta reports a 15% rise in half-year profits as high copper prices offset higher production costs.

Heineken reports a slight fall in half-year profits as a result of the cost of buying UK brewer Scottish & Newcastle.

Profits at Singapore sovereign wealth fund Temasek double after asset sales offset the impact of the credit crunch.

Profits at Asia's biggest oil refiner Sinopec fall as price controls prevent the firm from passing on record crude costs.

China's largest bank reports a 57% jump in first half profits and says its earnings have outstripped any of its rivals.

Insurer American International Group reports a quarterly loss of $5.36bn with profits wiped out by writedowns on assets.

Barclays reports a 33% drop in profits for the first half of 2008 to £2.75bn, with more writedowns linked to the credit crunch.