Bank of England Makes Biggest Rate Hike in 30 Years
The Bank of England on Thursday raised its benchmark interest rate by 0.75 percentage points to 3%, the biggest single increase in more than 30...
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SKF India Ltd Soars 2.65%
SKF India Ltd has lost 3.12 per cent over October month as compared to 6.44 per cent gain in S&P BSE Capital Goods index and...
Microsoft Extends Free Technical Support for Ukraine Until 2023
Microsoft Corp said on Thursday it would provide Ukraine with free technical support until 2023 as the Russian invasion drags on. Microsoft said it would...
India’s Taxes on Crypto Deals ‘kill the Industry’: Binance CEO
The Chief Executive Officer of Binance Holding Limited, Changpeng Zhao “CZ” Changpeng, said India’s difficult taxes on cryptocurrency transactions are predictable to “kill the industry”...
Sensex and Nifty Rise to Stay on Track in Third Week of Profits
India’s stock benchmark rose on Friday, recovering from losses in the previous two sessions, buoyed by stronger Asian markets, with investors eyeing clues on business...
Stocks to Buy for Friday, November 04, 2022
In the previous session, the Nifty index saw a gap down opening in the morning but rebounded at an important support level and recovered losses...
Lenovo Reports Revenue Drop As Lockdowns Weigh
On Thursday, China’s Lenovo Group reported its first revenue fall in 10 quarters due to fall in sales caused by COVID lockdowns. The world’s largest...
Ternium Reports 84% Fall in Q3 Profit, Sees Lower Steel Margin Ahead
On Thursday, steelmaker Ternium posted an 84 per cent decline in its third quarter net income to USD 220 million. Reportedly, the steelmaker was hit...
BMW Q3 Results Beat Estimates Amid Boost From Price Jumps
On Thursday, Bayerische Motoren Werke AG (BMW) posted an increase in Q3 quarter income and sales. The German car manufacturer reported earnings before interest and...
Markets Extend Losses After Fed Hikes; IT Stocks Dragged the Most
Market indicators remained subdued for a second session on Thursday after the Federal Reserve raised interest rates by 75 basis points for the fourth time...