Telecom Italia approves KKR’s $20 billion grid bid in blow for Vivendi
(Reuters) – Telecom Italia (TIM) on Sunday approved the 19 billion euro ($20 billion) sale of its fixed-line network to…
SBI reports Q2 net profit growth, eyes on mitigating bond yield impacts
State Bank of India (SBI) announced an 8% year-on-year increase in net profit to Rs 14,330 crore for Q2, as…
Tesla to build 25,000-euro car at German plant – source
(Reuters) – Tesla plans to build a 25,000-euro ($26,838) car at its factory near Berlin, a source with knowledge of…
Westpac reports 26% surge in annual net profit, initiates $1.5bn share buyback
Westpac Banking (NYSE:WBK) Corp’s net profit soared by 26% to $7.2 billion for the fiscal year 2022-23, supported by an…
Ford credit rating upgrade to boost demand for US investment-grade bonds -analysts
(Reuters) – The restoration of Ford Motor (NYSE:F) Co’s investment-grade credit rating this week after almost four years as a…
Uber outperforms with 4.2% return, earnings estimates revised
Uber Technologies (NYSE:UBER) has experienced a recent surge in performance, reporting a return of +4.2% over the past month. This…
Global assets in spot bitcoin ETFs hit $4.16 billion
(Reuters) – Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total $4.16 billion,…
Apple tumbles after warning of dull holiday quarter
(Reuters) – Apple (NASDAQ:AAPL) fell 3% on Friday after it disappointed Wall Street with a forecast that indicated growth will…
Booking Holdings posts record Q3 results, ISG meets earnings expectations but misses revenue forecast
Booking Holdings (NASDAQ:BKNG), previously known as The Priceline Group, has reported record Q3 FY2023 results on Thursday. The world’s largest…
Earnings call: ConocoPhillips reports record production and raises dividend amid strategic acquisitions
ConocoPhillips (NYSE:COP) discussed its financial performance, recent acquisitions, and forward-looking strategies during its Third Quarter 2023 Earnings Conference Call. The…