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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 760 - Reuters%20

Rupee poised for muted opening on dollar recovery, equity outflows

The non-deliverable forwards indicated an opening of around 82.12-82.20 for the rupee versus the dollar compared with 82.1725 in the previous session

Rupee poised for muted opening on dollar recovery, equity outflows
Updated On : 03 Feb 2023 | 10:00 AM IST

Ford Motor Co posts lower profit, issues downbeat outlook; shares drop

Ford Motor Co said quarterly profits fell and automaker predicted a difficult year ahead, sending its shares down after bell as investors were disappointed

Ford Motor Co posts lower profit, issues downbeat outlook; shares drop
Updated On : 03 Feb 2023 | 9:33 AM IST

US dollar climbs in early trade as central banks see inflation risks unwind

The pound slid 0.15% to a more than two-week low of $1.2206 in early Asia trade, after falling 1.2% in the previous session, its largest daily decline in a month

US dollar climbs in early trade as central banks see inflation risks unwind
Updated On : 03 Feb 2023 | 8:13 AM IST

Qualcomm sees earnings below Street estimates as smartphone market sags

The stock, which initially rose 2.7% in after-hours trading, fell 3%

Qualcomm sees earnings below Street estimates as smartphone market sags
Updated On : 03 Feb 2023 | 8:11 AM IST

Bank of England raises borrowing costs to 4%, hints rates near peak

Previously the BoE had forecast 2023 inflation at around 5%

Bank of England raises borrowing costs to 4%, hints rates near peak
Updated On : 03 Feb 2023 | 12:18 AM IST

Meta beats Street, announces $40-bn buyback; to sack some mid-level staff

'Year of efficiency', says Zuckerberg; shares surge over 20%. The stock has added $237 bn in market value since its November low

Meta beats Street, announces $40-bn buyback; to sack some mid-level staff
Updated On : 03 Feb 2023 | 12:15 AM IST

'Higher for longer' interest rate approach needed to inflation down: IMF

Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down, the IMF said

'Higher for longer' interest rate approach needed to inflation down: IMF
Updated On : 02 Feb 2023 | 11:37 PM IST

Hindenburg bet against India's Adani puzzles rival US short sellers

Typically, investors who want to bet that the company's stock will fall borrow shares in the market and sell them, hoping to buy them back at a lower price, in a practice called short selling

Hindenburg bet against India's Adani puzzles rival US short sellers
Updated On : 02 Feb 2023 | 11:18 PM IST

Q3 results: Titan posts surprise net profit fall, shares sink over 1%

The quarter witnessed a strong festive consumer demand, Titan Company Managing Director C K Venkataraman said

Q3 results: Titan posts surprise net profit fall, shares sink over 1%
Updated On : 02 Feb 2023 | 10:19 PM IST

Central banks should stick to 'higher for longer' rate approach: IMF

The S&P has risen more than 7% this year and is up more than 15% from its low in mid-October

Central banks should stick to 'higher for longer' rate approach: IMF
Updated On : 02 Feb 2023 | 9:02 PM IST

US layoffs hit two-year high in Jan as tech firms cut thousands of jobs

Retailers, second after tech, cut 13,000 positions in January, compared with virtually no layoffs a year earlier

US layoffs hit two-year high in Jan as tech firms cut thousands of jobs
Updated On : 02 Feb 2023 | 6:06 PM IST

Euro hits 10-month-high on dollar as central banks chart divergent courses

The euro sat at a 10-month high against the dollar on Thursday, ahead of a European Central Bank meeting

Euro hits 10-month-high on dollar as central banks chart divergent courses
Updated On : 02 Feb 2023 | 4:23 PM IST

Oil prices steady as dollar slumps, Russian oil products ban looms

Oil prices were steady on Thursday after tumbling in the previous session as a weaker dollar boosted sentiment, though looming sanctions on Russian oil products added uncertainty over supply

Oil prices steady as dollar slumps, Russian oil products ban looms
Updated On : 02 Feb 2023 | 4:20 PM IST

Dabur India Q3 profit drops on dull rural demand; income dips to Rs 476 cr

In fact, the drop off in rural spending slowed the entire FMCG sector's growth in the last three months of 2022, compared with the previous quarter, market intelligence firm NielsenIQ said on Thursday

Dabur India Q3 profit drops on dull rural demand; income dips to Rs 476 cr
Updated On : 02 Feb 2023 | 4:02 PM IST

APL Apollo Tubes misses Q3 profit view on higher raw material costs

Apollo Z, the company's rust-proof structures segment and its second-biggest business, posted a 7% drop in sales volume

APL Apollo Tubes misses Q3 profit view on higher raw material costs
Updated On : 02 Feb 2023 | 3:58 PM IST

Bajaj Electricals Q3 profit rises 27%, amid high demand of consumer goods

India's Bajaj Electricals Ltd reported a near 27% surge in third-quarter profit on Thursday, aided by higher demand for consumer goods

Bajaj Electricals Q3 profit rises 27%, amid high demand of consumer goods
Updated On : 02 Feb 2023 | 3:04 PM IST

Dainik Bhaskar-owner DB Corp's Q3 profit slumps 44% on high newsprint costs

India's DB Corp reported a 44.2% fall in quarterly profit as the owner of India's largest Hindi daily was hit by high newsprint prices, sending shares down as much as 9.5%

Dainik Bhaskar-owner DB Corp's Q3 profit slumps 44% on high newsprint costs
Updated On : 02 Feb 2023 | 2:53 PM IST

Adani's market losses top $100 bn as shelved share sale spooks investors

The withdrawal of Adani Enterprises' share sale caps a dramatic setback for Gautam Adani, the school dropout-turned-billionaire whose fortunes rose rapidly in recent years

Adani's market losses top $100 bn as shelved share sale spooks investors
Updated On : 02 Feb 2023 | 2:27 PM IST

Cold weather hits India's gasoline, gasoil sales in Jan: Prelim data

Sales of gasoline and gasoil by Indian state-run retailers declined in January from the previous month as cold weather in parts of the country

Cold weather hits India's gasoline, gasoil sales in Jan: Prelim data
Updated On : 02 Feb 2023 | 1:45 PM IST

Shares of India's Britannia Industries hit record high on Q3 profit surge

Shares of India's Britannia Industries surged to a record high on Thursday, a day after the maker of Good Day and Little Hearts biscuits reported its third-quarter profit more than doubled

Shares of India's Britannia Industries hit record high on Q3 profit surge
Updated On : 02 Feb 2023 | 12:57 PM IST