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Page 1157 - Business Finance

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Updated On : 31 Jan 2019 | 9:04 AM IST
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Updated On : 31 Jan 2019 | 9:04 AM IST

Market may open on a firm note

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 68 points at the opening bell. Bharti Airtel, Dabur India, Hero MotoCorp, NMDC, Power Grid Corporation of India, UPL and Vedanta will announce October-December 2018 quarterly results today, 31 January 2019.

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Updated On : 31 Jan 2019 | 9:04 AM IST

ICICI Bank, NTPC will be watched after Q3 results

ICICI Bank's net profit fell 2.75% to Rs 1,604.91 crore on 19.79% increase in total income to Rs 20,163.25 crore in Q3 December 2018 over Q3 December 2017. The result was announced after trading hours yesterday, 30 January 2019.

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Updated On : 31 Jan 2019 | 9:04 AM IST

Global Markets: Asia stocks scale 4-month peak as Fed turns more cautious; dollar sags

TOKYO (Reuters) - Asia stocks rose to a four-month high on Thursday after the Federal Reserve pledged to be patient with further interest rate hikes, signalling a potential end to its tightening cycle amid signs of slowing global growth.

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Updated On : 31 Jan 2019 | 8:35 AM IST

Samsung Elec forecasts weaker 2019 earnings as chip sales slow

SEOUL (Reuters) - Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.

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Updated On : 31 Jan 2019 | 8:25 AM IST

China Jan factory activity shrinks for second month in a row: official PMI

BEIJING (Reuters) - Activity in China's vast manufacturing sector shrank for the second straight month in January, pointing to further strains on the economy that could heighten risks to global growth.

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Updated On : 31 Jan 2019 | 8:05 AM IST

China January factory activity shrinks for second month in a row: official PMI

BEIJING (Reuters) - Activity in China's vast manufacturing sector shrank for the second straight month in January, pointing to further strains on the economy that could heighten risks to global growth.

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Updated On : 31 Jan 2019 | 8:05 AM IST

US stocks close higher after Fed decision

US stocks closed higher after the Federal Reserve left interest rates unchanged.

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Updated On : 31 Jan 2019 | 7:35 AM IST

Oil extends gains into third session amid tighter U.S. supply

SYDNEY (Reuters) - U.S. oil prices edged up on Thursday to extend gains into a third session, with widely watched data showing signs of tightening supply in the United States.

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Updated On : 31 Jan 2019 | 6:55 AM IST

Global Markets: Asia stocks hit four-month high as Fed turns more cautious; dollar sags

TOKYO (Reuters) - Asia stocks rose to a four-month high on Thursday, tracking Wall Street, after the Federal Reserve pledged to be patient with further interest rate hikes, signalling a potential end to its tightening cycle amid signs of slowing global growth.

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Updated On : 31 Jan 2019 | 6:15 AM IST

Samsung Elec forecasts weaker 2019 earnings on slowing chip demand

SEOUL (Reuters) - Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.

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Updated On : 31 Jan 2019 | 6:10 AM IST

Samsung Elec gives grim earnings outlook as quarter four profit falls 29 percent

SEOUL (Reuters) - Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips.

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Updated On : 31 Jan 2019 | 5:55 AM IST

Microsoft's Azure revenue growth slows, shares fall

(Reuters) - Microsoft Corp on Thursday met Wall Street's targets for its quarterly results and forecast, though Azure cloud computing sales grew more slowly than a year earlier.

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Updated On : 31 Jan 2019 | 5:50 AM IST

Goldman Sachs ditches single-use plastic products

NEW YORK (Reuters) - Goldman Sachs Group Inc told employees on Wednesday it will no longer carry widely used, throw-away plastic items like water bottles or silverware in its offices and cafeterias as the U.S. bank tries to cut the amount of trash it puts in landfills.

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Updated On : 31 Jan 2019 | 5:40 AM IST

PayPal shares fall as sales outlook misses Wall St expectations

NEW YORK (Reuters) - PayPal Holdings Inc shares fell almost 4 percent in after-hours trading on Wednesday after the online payments company forecast revenue for the current quarter short of Wall Street's expectations.

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Updated On : 31 Jan 2019 | 5:35 AM IST

Tesla sees profit in every 2019 quarter, but faces logistics risks

(Reuters) - Tesla Inc warned on Wednesday it will need to begin building cars in China and lower the price of its Model 3 sedan to make money in every 2019 quarter, as it failed to meet Wall Street profit expectations at the end of 2018.

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Updated On : 31 Jan 2019 | 5:30 AM IST

Corrected: Facebook profit beats Wall St, shares jump after hours

(Reuters) - (Corrects to show Facebook sees total revenue growth rate this quarter decelerating by mid-single digits, not to mid-single digits)

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Updated On : 31 Jan 2019 | 5:30 AM IST

US dollar falls as Fed keeps interest rates steady

The US dollar slid on Wednesday, as the US Federal Reserve decided to keep interest rates unchanged and pledged patience in future policy making on interest rates adjustments, signalling more caution on its outlook.

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Updated On : 31 Jan 2019 | 5:30 AM IST

Facebook profit beats Wall Street, shares jump after hours

(Reuters) - Facebook Inc on Wednesday easily beat Wall Street's profit estimates, soothing investor concerns that increased spending on the privacy of its users would blunt growth.

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Updated On : 31 Jan 2019 | 5:05 AM IST