US broadly eases Venezuela oil sanctions after election deal

(Reuters) – The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached…

Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease

(Reuters) – Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting…

Goldman Sachs downgrades Dr Lal PathLabs amidst increasing competition

Goldman Sachs has downgraded its rating for Dr Lal PathLabs to ‘sell’, leading to a 3% fall in the company’s…

TSMC Q3 Income Surpasses Estimates, Production Capacity Stretched Until 2024

Taiwan Semiconductor Manufacturing Company (TSMC), a leading global contract chipmaker, reported a Q3 net income of NT$211 billion ($6.69 billion)…

Nokia to cut up to 14,000 jobs as US demand shrinks

(Reuters) – Finnish telecom gear group Nokia (NYSE:NOK) will cut up to 14,000 jobs to reduce costs, it said on…

Reality check, as Country Garden sells down a barely started Australia project

(Reuters) – Four years after Chinese property giant Country Garden launched a A$2 billion ($1.27 billion) development of 3,600 homes…

Japan stocks lower at close of trade; Nikkei 225 down 1.86%

Japan stocks were lower after the close on Thursday, as losses in the Shipbuilding, Pharmaceutical Industry and Glass sectors led…

Inflation Fears Prompt Speculation of Further Bank of England Rate Hikes

The Bank of England is facing mounting pressure to further increase base rates amid persistent inflation fears. The UK’s inflation…

Renault anticipates improved profitability following Q3 revenue growth

Renault (EPA:RENA), the French auto manufacturer, has reaffirmed its annual financial outlook after witnessing growth in its Q3 revenue and…

Nestle misses nine-month sales estimates, expects volume upturn by year-end

(Reuters) – Nestle posted lower-than-expected nine-month sales growth on Thursday as higher product prices made shoppers balk, sending shares down…