Stocks
© Reuters. Qantas Airways acknowledged on Sunday that it sold tickets for over 8,000 flights that it knew were canceled due to internal system limitations. The Australian airline is currently facing a lawsuit from the Australian Competition and Consumer Commission (ACCC) for deceptive conduct. The airline’s issues arose from a…
© Reuters. Indian real estate firm, Oberoi Realty, has seen a significant uptick in its stock price this year, with a surge of 28% noted, considerably outpacing the Sensex’s 4% rise. The company’s consolidated net profit for Q2FY24 increased by 43 percent to ₹456 crore ($61.3 million), which drove the…
© Reuters. CME Group (NASDAQ:), the US derivatives marketplace with a daily volume of 23 million contracts and $5 billion in revenue, is poised to amplify its presence in India. The company plans to hire an additional 100 employees by 2024, expanding its current workforce of 570 in the country.…
© Reuters Abbott has raised its earnings outlook for the full year 2023 to between $4.42 and $4.46 per share, up from the previous range of $4.30 and $4.40, after reporting Q3 revenues of $10.1 billion and adjusted earnings of $1.14 per share. These figures surpassed street estimates despite marking…
© Reuters. In the past week, a flurry of dividend declarations from Indian companies have been witnessed, as reported by the National Stock Exchange (NSE). The week concluded on a high note with Asian Paints, Symphony, Kajaria Ceramics, and Hindustan Unilever (LON:) making their announcements. On Friday, Asian Paints declared…
© Reuters. FILE PHOTO: An aerial view of the Dagestan capital of Makhachkala March 24, 2012. REUTERS/Grigory Dukor (Reuters) -Russian police have taken over an airport in the predominantly Muslim Dagestan region and arrested 60 people after hundreds of anti-Israel protesters stormed the facility on Sunday when a plane from…
© Reuters. CIMB Niaga, the Indonesian subsidiary of CIMB Group Holdings Bhd, reported net profits for the first nine months of the fiscal year 2023 in line with expectations. However, the bank may face future challenges due to declining net interest margins (NIMs) and a potential slowdown in loan growth.…
© Reuters. South Korean stocks experienced a volatile start on Monday as investors anticipated the Federal Reserve’s imminent two-day monetary policy meeting, chaired by Jerome Powell. The index, along with other stocks, registered declines amidst this uncertainty, settling at 2,299.03 points. The tech sector displayed mixed outcomes; while Samsung Electronics…
© Reuters. Wolters Kluwer, a global expert solutions company, recently celebrated its 50th anniversary on Euronext Amsterdam, a milestone it marked with a ceremonial gong at the world’s oldest stock exchange. The event also marked the 20th year of leadership under CEO Nancy McKinstry, who holds the distinction of being…
© Reuters. FILE PHOTO: The Polish unit of Spain’s Santander (Santander Bank Polska) logo is pictured in Warsaw, Poland, May 10, 2021. REUTERS/Kacper Pempel/File Photo MADRID (Reuters) – Spain’s Santander (BME:) is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28…