Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group
(Reuters) – Zara owner Inditex (BME:ITX) said on Thursday it had reached an initial agreement to transfer the operation of…
Stocks shuffle sideways, China drips in more support
(Reuters) – World share markets shuffled sideways on Thursday as investors looked ahead to a clutch of key central bank…
TSMC flags 10% fall in 2023 sales as weak global outlook weighs
(Reuters) -Taiwanese chipmaker TSMC forecast a drop of around 10% in 2023 sales on Thursday and flagged investment spending at…
Netflix quarterly revenue misses forecasts, shares slide
(Reuters) -Streaming video pioneer Netflix (NASDAQ:NFLX) disappointed Wall Street on Wednesday with second-quarter revenue that fell short of analyst estimates,…
Taiwan Semiconductor earnings beat by $0.07, revenue topped estimates
Taiwan Semiconductor (NYSE: TSM) reported second quarter EPS of $1.14, $0.07 better than the analyst estimate of $1.07. Revenue for…
Japan stocks lower at close of trade; Nikkei 225 down 1.31%
Japan stocks were lower after the close on Thursday, as losses in the Transportation Equipment, Fishery and Food sectors led…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.02%
Australia stocks were higher after the close on Thursday, as gains in the Financials, IT and Industrials sectors led shares…
Asian stocks muted, tech falls ahead of TSMC earnings
Most Asian stocks firmed slightly on Thursday, although local technology shares were sold off on weak cues from Wall Street,…
Tesla may keep cutting prices in ‘turbulent times’, Musk says
(Reuters) -Tesla CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”,…
Nokia profit falls as North American slowdown dents margins
(Reuters) – Finnish telecom gear group Nokia (NYSE:NOK) on Thursday reported a drop in second-quarter profit due to a decline…