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Top StoriesBmw Says ‘no Interest’ in Price War as Order Books Bulge
Top StoriesFerrari Sees Strong Demand Stretching Into the Distance
Top StoriesAnalysis-Russia’s Weaker Hand Undermines Case for Power of Siberia 2 Gas Link to China
Top StoriesOil Mixed as Venezuela Sanctions Ease, Middle East in Focus
Telecom Group Telia Hikes Outlook, Core Profit Beats Estimates
Date: October 19, 2023
Telecom group Telia hikes outlook, core profit beats estimates By Marta Frackowiak and Supantha Mukherjee STOCKHOLM (Reuters) – Swedish telecom operator Telia said its struggling TV unit was now facing fewer challenges, after reporting third-quarter core earnings that beat estimates and hiking its full-year core profit outlook, sending its shares up as much as 8%....
Oil up About 2% on Big US Crude Storage Draw, Middle East Tension
Date: October 18, 2023
Oil up about 2% on big US crude storage draw, Middle East tension By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as rising tensions in the Middle East threaten to disrupt oil supplies from the region, with Iran calling...
Ad Sales for Paris Olympics Pace Ahead of Previous Games, NBCUniversal Says
Date: October 18, 2023
Ad sales for Paris Olympics pace ahead of previous Games, NBCUniversal says By Helen Coster NEW YORK (Reuters) – Total advertising sales for the Paris 2024 Summer Olympic and Paralympic Games are pacing ahead of where each of NBCUniversal’s previous Olympic and Paralympic Games were at this point in time, Dan Lovinger, NBCUniversal’s president of...
Ericsson Says Telecoms Uncertainty to Persist Into 2024, Shares Fall
Date: October 17, 2023
Ericsson says telecoms uncertainty to persist into 2024, shares fall By Supantha Mukherjee STOCKHOLM (Reuters) -Ericsson on Tuesday said it expected the uncertainty impacting its mobile networks business to persist into 2024, after reporting a fall in third-quarter revenue as demand for 5G equipment fell in North America. The Swedish telecom equipment maker’s shares fell...
Biggest Companies in Stock Market
Date: October 16, 2023
Biggest companies in stock market The stock market, often referred to as the heart of the global financial system, is a dynamic and ever-evolving entity. Within this vast marketplace, certain companies stand out as titans, dominating the industry with their size, influence, and market capitalization. In this comprehensive guide, we will delve into the world...
Travis Perkins Shares Sink as Weak Housing Market Prompts Profit Warning
Date: October 11, 2023
Travis Perkins shares sink as weak housing market prompts profit warning By Sarah Young LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, downgraded its annual profit forecast by as much as 27% on Wednesday, blaming ongoing tough conditions in the new-build housing and renovation markets, hitting its shares. The group said it now...