Page 295 - Reuters%20

Varun Beverages Q3 result: Profit rises 24% to Rs 620 cr on healthy demand

During the three months ending Sept. 30, its India volume growth came in at 5.7 per cent

Zomato Q2 results: Net profit rises to Rs 176 crore, misses estimates

The company also approved raising up to Rs 8,500 crore via the issue of shares in a qualified institutional placement

Kajaria Ceramics Q2 results: Net profit declines 22% to Rs 84.27 crore

Tiles demand has been sluggish in the world's most populous country, with strong construction activity in western, eastern, and central India countering weakness in northern and southern parts

Allianz SE considering to exit insurance joint venture with Bajaj Group

Founded in 2001, Bajaj Allianz General Insurance is one of the biggest private insurers in India, while Bajaj Allianz Life Insurance is among the fastest-growing life insurers in India

Here's a list of airlines suspending flights amid tensions in Middle East

The Franco-Dutch group's low-cost unit Transavia cancelled flights to and from Tel Aviv, Amman and Beirut until end-March

China's Horizon Robotics raises $696 mn in largest Hong Kong IPO of 2024

At the set price, the IPO is the largest in Hong Kong in 2024, eclipsing China Resources Beverage which on Friday finalised its $650 million new share sale. It is also the largest tech sector IPO

Weak China demand slows Holiday Inn owner IHG's revenue growth in Q3

IHG's licensing agreement with The Venetian Resort and The Palazzo in Las Vegas will end on Jan. 1, 2025, removing 7,092 rooms or about 0.7 per cent of its system from its portfolio, the owner of the

Hezbollah fires rockets at Israel as Blinken returns to push for ceasefire

Experts say Hamas and Israel remain deeply at odds and are unlikely to make significant concessions before the Nov. 5 US presidential election, which could upend US policy

Oil prices fall as Blinken visits Israel, China's weak demand weighs

US Secretary of State Antony Blinken arrived in Israel on Tuesday, the first stop on a Middle East tour in which he will seek to revive talks to end the Gaza war and defuse the spillover conflict

Norway's DNB exceeds Q3 profit forecast as lending volumes increase

Europe's biggest banks are healthier than at any point since the financial crisis, but investors are seeking reassurance that they can trust their longer-term earnings power as interest rates fall

HSBC appoints Pam Kaur as first female CFO, announces major restructuring

HSBC did not say what the projected cost savings might be or indicate how many jobs would be affected, but more details could emerge when the bank reports third-quarter results on Oct. 29

UK borrowing surpasses forecasts again as Reeves prepares for budget

Alex Kerr, an economist with Capital Economics, said the figures highlighted the limited scope Reeves had to increase day-to-day spending without raising taxes

China's Q3 economic losses from natural calamities surge to $32.3 billion

In September, the financial hub of Shanghai was brought to a standstill by Typhoon Bebinca, the most powerful tropical cyclone to directly hit the city in 70 years. Earlier that month, Super Typhoon

Indonesian prez Prabowo plans new state investment firm like Temasek

The structure of the agency is being discussed with other authorities, but the goal is for it to operate like Singapore's Temasek as a state-owned investment firm, said Hadad, who has also served

Boosting macro fundamentals best defense against global risks: RBI Dy Guv

India's central bank has been opportunistically building its foreign exchange reserves which now cover the external debt, all debt servicing requirements and are equivalent to or close to 12 months

Raymond Lifestyle to hire 9,000 workers for hundreds of new stores

Raymond's garments business, which exports to the United States, Europe and Japan, reported sales of Rs 1,139 cr last year, accounting for over a tenth of the group's revenue

Key deals in India's cement sector since Adani Group's entry in 2022

A company tribunal approved Sagar Cements' $9.20 billion bid to take over Jaypee Group-owned Andhra Cements

Ukraine drone attacks target alcohol plants, says Russian officials

Russia's defence ministry said that its air defence units destroyed a total of 18 Ukrainian drones, but it did not mention Tambov in its tally

UK commercial property biz reviving, property sales to test market appetite

New office buildings are seeing robust demand, with investor M&G's new office towers at 40 Leadenhall in the City of London more than 80 per cent let

Logitech raises full-year outlook as sales and profits exceed expectations

The company, whose other products also include mobile speakers and webcams, said revenue grew 6 per cent to $1.12 billion, beating the forecast of $1.10 billion