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January 26, 2021 - Biz in 60
MP3•Episode home
Manage episode 283384629 series 1419069
Content provided by Business in 60 Seconds and TRT World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Business in 60 Seconds and TRT World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
South Korea's economy expands 1.1% in fourth quarter South Korea's economy grew at a faster-than- expected pace in the fourth quarter, as surging exports helped offset sagging domestic demand. GDP expanded 1-point-1 percent in the final three months of 2020 compared with the prior quarter. But for the whole of last year, Asia's fourth-largest economy shrunk 1-percent, its worst growth rate in more than two decades. Johnson & Johnson beats fourth quarter earnings expectations Johnson and Johnson has reported better-than- expected fourth quarter results, boosted by demand for its prescription drugs. Net profit at the pharmaceutical giant came in at almost 1-and- a-quarter- billion dollars despite litigation expenses of 2-point-9 billion dollars. J&J has also offered an upbeat outlook for its business this year, as it races to develop a single-dose COVID-19 vaccine. UBS unveils $4.5B share buyback programme as profits jump UBS has unveiled a 4-and- a-half billion dollar share buyback program as it reported its highest annual profit of the post-financial crisis era. Net income at Switzerland's biggest lender came in at 6-point-6 billion dollars in 2020, up by 56-percent from the year before. Earnings were boosted by its wealth management and investment divisions.
…
continue reading
173 episodes
MP3•Episode home
Manage episode 283384629 series 1419069
Content provided by Business in 60 Seconds and TRT World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Business in 60 Seconds and TRT World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
South Korea's economy expands 1.1% in fourth quarter South Korea's economy grew at a faster-than- expected pace in the fourth quarter, as surging exports helped offset sagging domestic demand. GDP expanded 1-point-1 percent in the final three months of 2020 compared with the prior quarter. But for the whole of last year, Asia's fourth-largest economy shrunk 1-percent, its worst growth rate in more than two decades. Johnson & Johnson beats fourth quarter earnings expectations Johnson and Johnson has reported better-than- expected fourth quarter results, boosted by demand for its prescription drugs. Net profit at the pharmaceutical giant came in at almost 1-and- a-quarter- billion dollars despite litigation expenses of 2-point-9 billion dollars. J&J has also offered an upbeat outlook for its business this year, as it races to develop a single-dose COVID-19 vaccine. UBS unveils $4.5B share buyback programme as profits jump UBS has unveiled a 4-and- a-half billion dollar share buyback program as it reported its highest annual profit of the post-financial crisis era. Net income at Switzerland's biggest lender came in at 6-point-6 billion dollars in 2020, up by 56-percent from the year before. Earnings were boosted by its wealth management and investment divisions.
…
continue reading
173 episodes
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