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Reuters

Reuters

Reuters

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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Page 532 - Reuters%20

UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover

Shares in the bank dropped as much as 4%, with analysts pointing to slightly lower-than-expected profitability targets as revenue at the lender falls before the cost savings are achieved

UBS resumes buybacks, seeks more cost savings from Credit Suisse takeover
Updated On : 07 Feb 2024 | 12:10 AM IST

Spotify Q4 results: Revenue up 16% at $3.94 bn, user growth beats estimates

The Swedish music streaming company has ventured into podcasts and audiobooks as it seeks to grow its user base to 1 billion by 2030

Spotify Q4 results: Revenue up 16% at $3.94 bn, user growth beats estimates
Updated On : 07 Feb 2024 | 12:09 AM IST

EU Commission to withdraw plan to halve pesticide use after farmer protests

European farmers have protested in recent weeks against rising costs, taxes, cheap food imports and constraints due to the EU's drive to fight climate change

EU Commission to withdraw plan to halve pesticide use after farmer protests
Updated On : 07 Feb 2024 | 12:03 AM IST

Donald Trump's sweeping immunity claim rejected by US appeals court

"We cannot accept that the office of the Presidency places its former occupants above the law for all time thereafter," the unanimous panel wrote

Donald Trump's sweeping immunity claim rejected by US appeals court
Updated On : 06 Feb 2024 | 10:50 PM IST

EID-Parry posts Q3 results: Sugar maker posts loss hurt by export curbs

The company reported a loss after tax of Rs 13.59 crore ($1.64 million) in the quarter ended Dec. 31, compared to a profit after tax of Rs15.78 crore a year ago

EID-Parry posts Q3 results: Sugar maker posts loss hurt by export curbs
Updated On : 06 Feb 2024 | 8:35 PM IST

Britannia Q3 results: Profit falls 2% to Rs 761 cr on soft rural demand

The weak earnings come in face of intense price competition. The company has previously mentioned reducing certain product prices after competitors took advantage of declining raw material expenses

Britannia Q3 results: Profit falls 2% to Rs 761 cr on soft rural demand
Updated On : 06 Feb 2024 | 8:05 PM IST

MakeMyTrip, PolicyBazaar warn RBI of fintech hit after Paytm crackdown

There are concerns about the broader impact on India's fin-tech sector which the government says raised $5.6 billion in 2022, as digital payments and the use of smartphones and the internet boomed

MakeMyTrip, PolicyBazaar warn RBI of fintech hit after Paytm crackdown
Updated On : 06 Feb 2024 | 7:35 PM IST

Nykaa Q3 results: Net profit doubles to Rs 16.19 cr on festive demand

The company's consolidated net profit rose 97% to 161.9 million rupees ($1.95 million) in the third quarter ended Dec. 31. It had posted a drop in net profit in three of its previous five quarters

Nykaa Q3 results: Net profit doubles to Rs 16.19 cr on festive demand
Updated On : 06 Feb 2024 | 6:45 PM IST

Trident Ltd Q3 results: Profit down 25% to Rs 109 crore on rise in expenses

Shares of Trident - which supplies products to department stores such as Shoppers Stop, D-Mart and Walmart - closed 2.6% lower after the results

Trident Ltd Q3 results: Profit down 25% to Rs 109 crore on rise in expenses
Updated On : 06 Feb 2024 | 6:28 PM IST

Eveready Industries Q3 results: Profit jumps 55% on lower expenses

Lithium prices, a key raw material for battery makers, were down in the quarter, helping offset beleaguered rural demand for batteries and flashlights

Eveready Industries Q3 results: Profit jumps 55% on lower expenses
Updated On : 06 Feb 2024 | 5:00 PM IST

Honda Motor to recall over 750,000 vehicles in United States: NHTSA

The recall includes certain Honda Pilot, Accord and Civic sedan made between 2020 and 2022, and some Honda CR-V and Passport vehicles manufactured between 2020 and 2021

Honda Motor to recall over 750,000 vehicles in United States: NHTSA
Updated On : 06 Feb 2024 | 5:00 PM IST

Govt expects $1.8 billion in dividends from state-run banks in FY25

The government expects to receive at least Rs 15,000 crore ($1.8 billion) in dividends from state banks in 2024/25, up 8.7% or more from an expected Rs 13,800 crore in the current fiscal year

Govt expects $1.8 billion in dividends from state-run banks in FY25
Updated On : 06 Feb 2024 | 4:47 PM IST

RBI's liquidity drain signals tight cash conditions may stay: Economists

'April policy would be a better time to take a fresh view on liquidity situation for FY25'

RBI's liquidity drain signals tight cash conditions may stay: Economists
Updated On : 06 Feb 2024 | 4:17 PM IST

BP beats forecast with $3 billion quarterly profit, boosts buybacks

The company's shares were around 5% higher by 1020 GMT on Tuesday following the unexpected acceleration of the buyback programme

BP beats forecast with $3 billion quarterly profit, boosts buybacks
Updated On : 06 Feb 2024 | 4:16 PM IST

Lyft guarantees weekly earnings in a bid to lure more drivers

Last year about 15% of Lyft drivers across United States earned less than 70% of what riders paid, after external fees, but Lyft assured to pay difference if drivers made below 70% at end of week

Lyft guarantees weekly earnings in a bid to lure more drivers
Updated On : 06 Feb 2024 | 4:04 PM IST

JK Tyre and Industries Q3 results: Profit rises three-fold to Rs 221 cr

This is the fifth straight rise in quarterly profit for the company, which counts Tata Motors and Maruti Suzuki India as its customers

JK Tyre and Industries Q3 results: Profit rises three-fold to Rs 221 cr
Updated On : 06 Feb 2024 | 3:50 PM IST

Paytm crackdown spooks merchants; Walmart, Google targeting same vendors

Cash was once king in India, but Paytm is credited with revolutionising India's digital payments market which is set to be worth $10 trillion by 2026

Paytm crackdown spooks merchants; Walmart, Google targeting same vendors
Updated On : 06 Feb 2024 | 3:50 PM IST

India to remain on alert for 'hot money' after bond index inclusion

The aim will be to "prevent volatility or volatile inflows" but "never" to restrict outflows, Somanathan said, adding that "all possibilities are open to keep volatility in check.

India to remain on alert for 'hot money' after bond index inclusion
Updated On : 06 Feb 2024 | 3:29 PM IST

Crude oil steadies after gains, Israel-Gaza ceasefire talks in focus

Brent crude futures dipped 8 cents to $77.91 a barrel by 0914 GMT, while U.S. West Texas Intermediate crude futures fell 13 cents to $72.65. Both contracts gained nearly 1% on Monday

Crude oil steadies after gains, Israel-Gaza ceasefire talks in focus
Updated On : 06 Feb 2024 | 3:27 PM IST

RBI likely to hold rates for a sixth straight meet; statement in focus

Market participants are also hoping for some relief from the RBI on the liquidity front with the system deficit having hit a record high in January

RBI likely to hold rates for a sixth straight meet; statement in focus
Updated On : 06 Feb 2024 | 1:56 PM IST