World TUI presents quarterly figures: Change of leadership is moving closer to
HSBC H1 pre-tax profit falls, says to pay quarterly dividends
HSBC on Monday said pre-tax profit fell in the first half of 2022 but it intends to resume quarterly dividends next year as its annual outlook remained positive. "We also intend to revert to quarterly dividends in 2023," he added.The firm said it made US$9.175 billion before tax, down more than 15 percent on-year.
of the travel group TUI on Wednesday (8:00 a.m.) will present its figures for the third business quarter (April-June). Despite the high inflation, the leadership had recently been optimistic about the summer business in 2022, to be able to catch the drastic losses from the first two years of Corona. At the beginning of July, the Hanoverians returned further shares of their tax-financed help from the Corona crisis and interest to the German state. The travel provider is also faced with a change of management: CEO Fritz Joussen surprisingly announced in June to resign his office after a decade on September 30th. The previous CFO Sebastian Ebel will be the new TUI boss.
DAX makes initial profits - further risks .
The DAX handed over its opening profits on Monday. The German leading index recently fell by 0.14 percent to 13,776.76 points. Signs of a declining US inflation had given the stock exchanges vigorously in the past few days. But the risks for the markets are still available. The MDAX hardly not changed with minus 0.02 percent to 27,903.14 points. The Eurozone-Leiten-Leindex EuroStoxx 50 also came on the spot. © Fredrik von Erichsen/dpa The DAX is the most important stock index in Germany.