HDFC Bank Reports 50% Yoy Q2 Profit Rise, Surpasses Analyst Expectations

India’s largest private bank, HDFC Bank, announced a 50% year-on-year (YoY) increase in its second-quarter net profit to ₹15,976 crore…

CVS Health star rating update a ‘key positive heading into 2024’ – BofA

Following the release of CMS’ 2024 MA and PDP Star Ratings on Friday, CVS Health (NYSE:CVS) issued a press release…

South Korean Markets Feel the Heat Amid Israel-Hamas Tensions

South Korea’s KOSPI index experienced a 0.81% drop on Monday due to escalating Israel-Hamas tensions, leading to a 207 billion…

Societe Generale Contemplates Unit Sales as Part of New Strategy

Societe Generale (OTC:SCGLY) SA, under the leadership of CEO Slawomir Krupa, hinted at potential unit sales during an Investor Day…

Ericsson’s Q3 Profit Declines, North American Sales Drop Amid Telco Spending Cuts

Swedish telecom company Ericsson (BS:ERICAs) is anticipated to report a significant dip in its Q3 net profit for 2023. The…

Pfizer’s foggy COVID outlook hits vaccine maker shares

(Reuters) – Pfizer on Monday set off a fresh round of concern about the size of the COVID-19 vaccine and…

WeWork names David Tolley as CEO to boost turnaround efforts

(Reuters) – WeWork on Monday named interim Chief Executive David Tolley as its CEO, tasking the former Blackstone (NYSE:BX) executive…

Drug retailer Rite Aid files for bankruptcy amid rising debt, opioid litigation

(Reuters) – Debt-laden Rite Aid (NYSE:RAD) filed for bankruptcy protection on Sunday and said it would close underperforming stores, as…

Binance burns $450 million BNB tokens, price remains stable

In a recent development, Binance, a prominent player in the cryptocurrency exchange market, carried out its 25th quarterly BNB token…

Earnings call: BlackRock reports strong Q3 2023 results and optimistic future growth plans

BlackRock Incorporated (NYSE: NYSE:BLK) reported robust financial performance for the third quarter of 2023, with $193 billion in total net…