Prada's H1 operating profit up 17%, Asia and Europe boost sales

Prada posted a 17.1% increase in adjusted operating profit on Tuesday as the Italian luxury group saw double-digit sales growth in Asia and Europe.

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Prada's H1 operating profit up 17%, Asia and Europe boost sales  Prada posted a 17.1% increase in adjusted operating profit on Tuesday as the Italian luxury group saw double-digit sales growth in Asia and Europe.

Gartner beats estimates for second quarter, raises annual profit forecast  Gartner topped Wall Street expectations for quarterly revenue and raised its annual profit forecast on Tuesday, helped by steady demand for its research and consulting services.

Ferrari shores up cooperation with Italian tax authority to ensure transparency  Ferrari said on Tuesday its Dutch parent company Ferrari N.V. has strengthened ties with the Italian tax authority by joining a compliance programme that includes regular and preemptive checks aimed at preventing potential tax disputes.

CenterPoint Energy sees up to $1.3 bln in restoration costs after Hurricane Beryl  Electric and gas utility CenterPoint Energy said on Tuesday it expects total costs to restore facilities damaged by Hurricane Beryl to be in the range of $1.2 billion to $1.3 billion.

JetBlue posts surprise profit, delays buying $3 bln worth of Airbus planes  JetBlue Airways posted a surprise second-quarter profit and delayed plans to buy Airbus planes worth about $3 billion, aiming for profitability through cost-cuts, sending its shares up 6% before the bell on Tuesday.

Stanley Black & Decker beats quarterly profit estimates on better margins  Stanley Black & Decker on Tuesday beat Wall Street estimates for second-quarter profit, helped by higher margins for its products arising from cost-savings measures implemented.

Google parent's partnership with AI startup Anthropic under UK investigation  Britain's competition watchdog is investigating Google-parent Alphabet's partnership with AI startup Anthropic and its impact on competition, the regulator said on Tuesday.

Securitas Q2 core profit beat boosts shares  Sweden's Securitas , one of the world's largest security services providers, reported a 6.9% rise in its second-quarter core profit on Tuesday, slightly above expectations, led by improved margin development in its European operations.

AI bots talk dirty so OnlyFans stars don't have to  OnlyFans is a porn-saturated website that offers its subscribers a chance to forge "authentic relationships" with content creators.

PayPal lifts 2024 profit forecast for second time as spending holds up, margins improve  PayPal on Tuesday raised its forecast for full-year adjusted profit for the second time, betting on resilient consumer spending in the back-to-school and upcoming holiday shopping seasons, while cost-cutting measures improved margins.

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