LiveVodafone Shares Fall After It Cuts Full-Year Outlook Amid High Energy Costs
Vodafone Group PLC (LON:VOD) has narrowed its annual income guidance after the UK-based company flagged that rising consumer prices and higher energy costs weighed on...
Category : BUSINESS
Dutch Economy Shrank 0.2% in Q3 Due to Surging Inflation
The Dutch economy shrank 0.2 per cent in Q3 as rising interest rates slowed down the housing market, and increasing inflation braked on consumption. The...
Tube Investments of India Ltd Loss 3.96%
Tube Investments of India Ltd has lost 1.4 per cent over October compared to a 5.25 per cent gain in the S&P BSE Auto index,...
Cummins Partners with Tata Motors to Develop Hydrogen-Powered Engines
US-listed Cummins Inc said on Monday it had signed an agreement with Indian automaker Tata Motors to develop hydrogen-powered internal combustion engines, fuel cells and...
Oatly Lowers Full-Year Sales Outlook as Q3 Loss Increases
On Monday, Nasdaq-listed shares in the Swedish oat drink producer Oatly Group AB (NASDAQ: OTLY) dropped sharply in pre-market trading after the company sank to...
Indonesia October Trade Surplus Seen at $4.5 Billion on Weakening Global Trade
Indonesia’s trade surplus was noticed to narrow slightly in October to USD 4.5 billion amid a weakening in global trade and moderating commodity prices. Exports...
Gulf KFC Operator Seeks Up to $1.8 Billion in Saudi-UAE IPO
Saudi Arabian wealth fund and Dubai-based businessman Mohammad Alabbar is seeking to raise as much as $1.8 billion from a dual listing of the Middle...
Japan’s Biggest Bank Mitsubishi UFJ Posts 70.5% Decline in Q2 Profit
On Monday, Mitsubishi UFJ (NYSE:MUFG) Financial Group Inc, Japan’s largest bank by assets, reported a 70.5 per cent slump in Q2 net profit due to...
Oil Prices Drop $1 on China Covid Surge and Firmer Dollar
On Monday, oil prices dropped, dragged down by a firmer US dollar. Meanwhile, increasing COVID-19 cases in China dashed hopes of reopening the economy for...
Roche Shares Plunge On Failing Alzheimer’s Drug Trials
Roche Holding AG Participation (SIX:ROG) reported that its Alzheimer’s disease treatment could not stem a slide in patients’ cognitive abilities with an early form of...