Stock Market
-
CPEC, the first virtual meeting of the new Joint Working Group
ISLAMABAD: The first virtual meeting of the new Giant Working Group for the IT Industry under CPEC was held. Mohsin…
Read More » -
AstraZeneca raises its COVID revenue forecast.
AstraZeneca expects COVID prescriptions to drive sales growth of more than 20% this year. The company’s second-quarter profit beat analyst…
Read More » -
Sumitomo Mitsui Q1 profit jumps, Mizuho falls.
According to Reuters, Sumitomo Mitsui Financial Group Inc reported a higher-than-expected first-quarter net profit due to improved economic conditions.Rival Mizuho…
Read More » -
Stocks eye highest month since late 2020, dollar recovers
Reuters: Global markets gained on Friday, on track for their best month since late 2020, as euro zone growth topped…
Read More » -
Renault raises its outlook as its plan to turn things around starts to work.
Paris (Reuters) -On Friday, the French car company Renault (EPA:RENA) said that its plan to turn things around and make…
Read More » -
Japan’s stock market is down at the end of the day; the Nikkei 225 is down 0.5%.
After the market closed on Friday, stocks in Japan went down. Losses in the automobile and parts, insurance, and food…
Read More » -
The UK will look into what Asos, Boohoo, and Asda say about the environment.
London (Reuters) -Britain’s competition watchdog said on Friday that it will look into whether fashion brands ASOS (LON:ASOS), Boohoo, and…
Read More » -
Customized cars increase Bentley’s first-half profit.
Reuters: Bentley’s first-half operating profit more than doubled as sales surged in Europe and Britain amid global economic concerns. On…
Read More » -
Air France-KLM reduces its forecast due to “operational issues”
Air France-KLM cut its third-quarter capacity forecast, citing airport operational challenges. The company forecasts capacity to reach 80% to 85%…
Read More » -
Credit Suisse gets a new CEO and starts a strategy review after a big loss in Q2.
Zurich (Reuters) -Credit Suisse Group AG named Ulrich Koerner, the head of asset management, as its new CEO on Wednesday.…
Read More »