© Reuters. European Union passenger-car registrations marked their fourteenth consecutive month of growth in September, with a surge of 9.2% to 861,062 units, according to data from the European Automobile Manufacturers Association (ACEA). The increase was primarily driven by sales of electric and hybrid-electric vehicles, which now hold a substantial…

© Reuters. Paragon Fine and Speciality Chemicals, a specialty manufacturer servicing the pharmaceutical and medical devices sectors, is set to launch its initial public offering (IPO) on Wednesday, October 26, 2023. The company has priced its shares between Rs 95-100 per share, intending to raise Rs 51.66 crore through the…

© Reuters. Merck (MRK) agrees multi-billion deal with Daiichi to develop cancer therapy drugs Daiichi Sankyo (TYO:) and Merck (NYSE:) have entered into a global development and commercialization agreement for three of Daiichi Sankyo’s DXd antibody drug conjugate (ADC) candidates: patritumab deruxtecan (HER3-DXd), ifinatamab deruxtecan (I-DXd), and raludotatug deruxtecan (R-DXd).…

© Reuters. FILE PHOTO: A general view of an Intercontinental Hotel at The O2 in London, Britain October 20, 2020. REUTERS/Matthew Childs/File photo By Yadarisa Shabong (Reuters) -Holiday Inn owner IHG said on Friday short-term funding issues were holding back development of new hotels, as it reported a quarter-on-quarter slowdown…

© Reuters. First National Financial Corporation (TSE: FN) has announced an increase in its dividend to CA$0.20 per share, payable on November 15th. The new dividend offers an annual yield of 6.9%, which surpasses industry standards. This comes after the company demonstrated that its earnings sufficiently covered its last dividend,…

© Reuters. In a week marked by Middle East tensions, Indian equities experienced a downturn for the third consecutive day on Friday. The Nifty and Sensex, two of India’s major stock indices, both saw declines. Despite the overall trend, several companies bucked the trend and posted gains. Among those that…

© Reuters. FILE PHOTO: The first e.GO Life electric cars of e.GO Mobile AG are parked in front of the headquarters of the German e-car start-up during kick-off for the production of 30,000 yearly units in Aachen, Germany, May 9, 2019. REUTERS/Wolfgang Rattay/File By Nick Carey LONDON (Reuters) – German…

© Reuters. BofA believes Meta Platforms (META) shares can see renewed enthusiasm on 2024 potential Meta Platforms (NASDAQ:) has a good fourth quarter setup, according to analysts at BofA, who reiterated a Buy rating and $375 price target on the stock in a note. The analysts, previewing META’s third quarter…

© Reuters. Wells Fargo has maintained an Equal-Weight recommendation for Ardagh Metal Packaging (NYSE:) (NYSE: AMBP), a global supplier of recyclable metal beverage cans, on Thursday, October 19, 2023. The financial services firm’s one-year price target for Ardagh averages at $4.37, suggesting a substantial upside of 57.72% from its latest…

© Reuters. Hilltop Holdings (NYSE:) Inc. reported a 42.5% increase in earnings per share for Q3 2023, reaching 57 cents per share on Friday. This surge was largely attributed to lower expenses, a reversal in credit loss provisions, and restructuring efforts at PrimeLending. Despite these positive factors, the company faced…