Naira sees mixed performance amid Nigeria’s forex liquidity challenges
Nigeria’s currency, the Naira, experienced a turbulent week with significant fluctuations across different exchange platforms. Amidst ongoing liquidity issues and…
IndiaShelter Home Loans sets December IPO to raise ₹1,800 crore
IndiaShelter Home Loans, a Gurugram-based non-banking financial company, is gearing up for an initial public offering (IPO) in December, aiming…
Aros Bostad reports Q3 sales drop, EBIT rise amid market challenges
Aros Bostad AB, a Swedish real estate developer, faced a challenging third quarter with sales dropping 31% to SEK 316…
European stocks climb higher; Lagarde speech, final eurozone CPI data due
European stock markets edged higher Friday, ending a volatile week on a positive note despite disappointing U.K. retail sales. At…
Nokia gains market share in India and Europe with strategic chipmaker partnerships
Nokia (HE:NOKIA) has recently announced significant market share gains in India and Europe, a testament to its strategic shift in…
Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value
(Reuters) – Alibaba (NYSE:BABA) Group’s Hong Kong shares slumped 10% on Friday after it scrapped plans to spin off its…
Alstom to exit Russia’s TMH by year-end -Ifax cites TMH boss
(Reuters) – France’s Alstom (EPA:ALSO) is set to sell its 20% stake in Transmashholding (TMH) back to the Russian railcar…
Earnings call: Walmart reports strong Q3 results, raises full-year guidance despite higher expenses
Walmart (NYSE:WMT)’s recent earnings call revealed robust Q3 performance across all segments, with notable growth in e-commerce sales. Despite higher…
BP seeks partnerships to navigate renewables storm
(Reuters) – BP (NYSE:BP) is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies…
Volvo Cars shares drop to record low as Geely trims stake
(Reuters) – Shares of Swedish automaker Volvo (OTC:VLVLY) Cars fell 14% on Friday as its majority shareholder, China’s Geely, sold…