German sportswear firm Puma SE (PMMAF.PK) reported Wednesday that its first-quarter net earnings increased significantly to 109.2 million euros from 36.2 million euros last year.Earnings per share were up to 0.73 euro from 0.24 euro a year ago.Operating result or EBIT improved 116.7 percent to 154 million euros from last year's 71 million euros due to strong sales growth, higher gross profit margi...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.