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Search results for refinitiv

Houthi attacks won’t threaten global natural-gas security
11 months, 3 weeks ago

Houthi attacks won’t threaten global natural-gas security

Live Mint  

Winter is warmer than usual in Northeast Asia and the Chinese economy is cooler. Asian LNG prices have fallen over 40% to $9.41 per million British thermal units in the past two months, according to Refinitiv. Apart from the mild winter and high LNG inventories, demand for LNG in 2024 will probably be limited by competition from Russian piped gas …

Europe China Russia Japan Asia South Korea Gas
Primary market revival earns deal makers a record $1 billion fees
1 year, 3 months ago

Primary market revival earns deal makers a record $1 billion fees

Live Mint  

MUMBAI : Buoyed by nimble primary markets, the country’s deal-makers earned a record of around $1 billion in fees—the highest ever this millennium for the January-September period, a study and Mint research revealed. According to UK-based global deals analytics firm Refinitiv, on the back of thriving equity capital market deals and trending initial public offerings in India, investment bankers reaped …

India Indian Fees Period Crore Billion Million
The Market-Beating Investment That’s Defying Wall Street Skeptics
1 year, 3 months ago

The Market-Beating Investment That’s Defying Wall Street Skeptics

Live Mint  

It is one of the biggest surprises on Wall Street: the outsize performance of risky corporate loans. When the Federal Reserve started aggressively raising rates last year, many analysts warned that these loans were vulnerable because their rates rise and fall with those set by the central bank. Asurion, a privately owned company based in Nashville, Tenn., that insures and …

Companies Loans Debt Loan Interest Investors According
Dell Technologies Q2 revenue beats estimates; raises full-year forecasts
1 year, 4 months ago

Dell Technologies Q2 revenue beats estimates; raises full-year forecasts

Live Mint  

Dell Technologies shares rallied 8% in extended trading on Thursday after the company raised its full-year revenue and profit forecast. The company forecast third-quarter revenue between $22.5 billion and $23.5 billion beating analysts’ estimates of $21.67 billion, according to Refinitiv data. For the full year, Dell Technologies now expects revenue between $89.5 billion and $91.5 billion, and earnings per share …

Company Revenue Billion Ai Dell Dell Technologies
India diesel exports to Singapore set for highs in Aug, drop for Europe -trade
1 year, 4 months ago

India diesel exports to Singapore set for highs in Aug, drop for Europe -trade

Firstpost  

The country’s exports of fuel for August to Europe, on the other hand, are poised to fall to their lowest this year, according to one ship-tracker, as shipments to the east are more profitable, but that situation may not last. India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted …

India Europe Singapore Exports Aug Diesel Ton
Key iPhone Assembler Foxconn's Q2 Revenue Falls 1 Per Cent Due To Weak Demand For Electronics
1 year, 5 months ago

Key iPhone Assembler Foxconn's Q2 Revenue Falls 1 Per Cent Due To Weak Demand For Electronics

ABP News  

Key iPhone assembler Foxconn has reported one per cent fall in its second quarter net profit amid weak demand for electronics globally. The company, also the world's largest contract electronics manufacturer, beat analysts' forecasts - its net profit for the April-June quarter fell to T$33 billion from a revised T$33.29 billion in the same period last year. Foxconn shares rose …

India Reuters Foxconn
Apple results show sales falling – but its big bet on services continues to pay off
1 year, 5 months ago

Apple results show sales falling – but its big bet on services continues to pay off

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. By contrast, Cook told Reuters that Apple‘s iPhone sales in China grew by “double digits” and that …

China Services Apple Sales According Billion Cook
India's Zomato posts first-ever profit earlier than expected
1 year, 5 months ago

India's Zomato posts first-ever profit earlier than expected

The Hindu  

India's Zomato posted its first-ever profit on Thursday, one quarter earlier than expected, helped by a tax gain and strong orders in its food and grocery delivery businesses. Zomato expected to hit this milestone in the September quarter, said Chief Financial Officer Akshant Goyal, adding that they were being conservative with that guidance. Gross order value — the total value …

Quarter Zomato Gov Blinkit
Snap beats revenue and user estimates, offers softer Q3 outlook
1 year, 5 months ago

Snap beats revenue and user estimates, offers softer Q3 outlook

The Hindu  

Photo messaging app-owner Snap Inc. on Tuesday beat Wall Street targets for quarterly revenue and user growth, but gave weaker third quarter guidance than analysts had expected as it works to compete with tech giants for advertising dollars. Changes to its platform to adjust Earlier this year, Snap updated its machine learning model to serve more relevant promotions to users, …

Revenue Billion Million User Quarter Users Snap
Meta's Threads could lure ads from Twitter but it's early days, analysts say
1 year, 5 months ago

Meta's Threads could lure ads from Twitter but it's early days, analysts say

The Hindu  

Threads, Meta Platform's broadside to Twitter, is seen by some advertisers as less contentious and more predictable than Elon Musk's platform, and analysts say it could lure away marketing budgets - eventually. If the app manages to retain users, Threads could achieve $5 billion in annual ad revenue, equaling what Twitter earned in 2021, Bernstein said in a note on …

Ads Musk Billion Instagram Twitter Users Meta
Hollywood Strike: Netflix shielded by global crew, strong pipeline
1 year, 5 months ago

Hollywood Strike: Netflix shielded by global crew, strong pipeline

The Hindu  

Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Netflix's international production capabilities are a "huge differentiator", and a lot of their content comes from countries that are not involved in the …

Netflix Hollywood Million Quarter
US inflation cooled in June for the 12th straight month
1 year, 6 months ago

US inflation cooled in June for the 12th straight month

CNN  

Minneapolis CNN — What a difference a year makes. That’s a sharp cooldown from June of last year, when surging energy costs helped inflation spike to 9.1% — the fastest annual rate since November 1981, when Olivia Newton-John’s “Physical” sweated its way to the top of the charts. “Today’s report brings new and encouraging evidence that inflation is falling while …

Inflation Prices Index Price Cnn Month Fed
Sensex, Nifty close at record highs: Why the stock market is seeing a great run
1 year, 6 months ago

Sensex, Nifty close at record highs: Why the stock market is seeing a great run

Firstpost  

The Sensex and Nifty both hit record levels on Wednesday. According to Business Today, Wall Street ended higher due to several factors including strong economic data, an upward revision in the first quarter GDP, a fall in jobless claims and positive results from the US Fed’s stress test. “The global support to the bullishness is coming from the US, where …

India Europe Market Indian High Told Sensex
Pay for bosses in Britain falls far behind America. Tough luck
1 year, 6 months ago

Pay for bosses in Britain falls far behind America. Tough luck

Hindustan Times  

Britain's bosses are in a funk. Chiefs of S&P 500 companies enjoy compensation typically more generous than Mr Narasimhan’s: combine salary, bonus, stock awards and other perks and the median package is worth about $33m. Around 45% of Britain’s largest businesses have a boss from overseas, whereas fewer than 10% of those in America are foreign, only 14% in France …

London British Companies Pay America Britain Ftse
Microsoft notches record high valuation of nearly $2.6 trillion
1 year, 6 months ago

Microsoft notches record high valuation of nearly $2.6 trillion

The Hindu  

Microsoft Corp. shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence has helped buoy the technology giant to a record market capitalisation of $2.59 trillion. Microsoft is seen as a leader in the adoption of AI technology in the software industry owing to its huge investment in OpenAI, the San …

Record Microsoft Ai
CPI report: US inflation is coming back down to Earth
1 year, 7 months ago

CPI report: US inflation is coming back down to Earth

CNN  

Minneapolis CNN — US inflation is leaving those sky-high days behind: Consumer prices in May rose at the slowest annual pace since March 2021, according to data released Tuesday by the Bureau of Labor Statistics. “They’ve raised rates for 10 consecutive meetings in a row and the increase is the most and fastest pace in decades, so they want to …

Food Inflation Prices Price Fed Cpi Away
Rivian Beats Quarterly Revenue Estimates on Higher-Priced EV Sales
1 year, 8 months ago

Rivian Beats Quarterly Revenue Estimates on Higher-Priced EV Sales

News 18  

Rivian Automotive Inc on Tuesday beat Wall Street estimates for quarterly revenue as it sold more higher-priced electric vehicles, and stood by its annual production forecast of 50,000 cars. Shares in Rivian, which also cut costs during the January-March period, rose about 6% in extended trading as investors cheered its results that followed Lucid Group Inc and Fisker Inc trimming …

Quarter Rivian
Aramco Q1 PAT plummets 19% to $31.9 billion on lower crude prices
1 year, 8 months ago

Aramco Q1 PAT plummets 19% to $31.9 billion on lower crude prices

Live Mint  

On Tuesday, the Saudi oil giant Aramco reported a first-quarter net profit of 119.54 billion riyals, a drop of around 19% from the same period of the previous year. Aramco said the drop was mainly driven by lower crude prices, although partially offset by lower taxes and zakat and a rise in finance and other income. As per Refinitiv data, …

Billion Aramco Nasser Q1 Pat
Job openings tumble to lowest point in nearly two years
1 year, 8 months ago

Job openings tumble to lowest point in nearly two years

CNN  

Minneapolis CNN — The number of open jobs in the United States has dropped to the lowest level since May 2021, a reflection of a labor market that is slowly settling back into balance after the Federal Reserve’s yearlong campaign to cool off the economy. “After two years of incredibly rapid churn and highly elevated demand, things are now all …

Labor Job Market Data Jobs Million Fed
Iran navy seizes tanker near Oman that was on way to Houston
1 year, 8 months ago

Iran navy seizes tanker near Oman that was on way to Houston

Associated Press  

DUBAI, United Arab Emirates — Iran’s navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday heading to the U.S. amid wider tensions over Tehran’s nuclear program, the latest-such capture in a waterway crucial for global energy supplies. “Iran should immediately release the oil tanker.” The Navy initially said Iran’s paramilitary Revolutionary Guard seized the vessel, …

Oil Navy Iran Tehran Iranian Gulf Vessel
Iran navy seizes tanker near Oman that was on way to Houston
1 year, 8 months ago

Iran navy seizes tanker near Oman that was on way to Houston

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Oil Navy Iran Tehran Iranian Gulf Vessel
Iran's navy seizes oil tanker with 24 Indian crew members near Oman, heading for Houston
1 year, 8 months ago

Iran's navy seizes oil tanker with 24 Indian crew members near Oman, heading for Houston

The Hindu  

Iran's navy seized a Marshall Islands-flagged oil tanker with 24 Indian crew members in the Gulf of Oman on April 28 heading to the U.S. amid wider tensions over Tehran's nuclear programme, the latest-such capture in a waterway crucial for global energy supplies. “Iran should immediately release the oil tanker.” The Navy initially said Iran's paramilitary Revolutionary Guard seized the …

Oil Navy Indian Iran Tehran Iranian Gulf
Chipmaker ASM's orders slump as market weakens
1 year, 8 months ago

Chipmaker ASM's orders slump as market weakens

The Hindu  

Dutch semiconductor equipment maker ASM International on Tuesday reported a drop in first-quarter orders, citing softening market conditions, despite revenue beating estimate. The Amsterdam-listed company registered orders totalling 647.4 million euros, down 20% at constant currencies from the previous quarter and well below the 705.7 million euros in the same period last year. It sees second quarter revenue ranging from …

Million Euros
IndusInd Bank's Q4 profit jumps 50% to ₹20.41 billion
1 year, 8 months ago

IndusInd Bank's Q4 profit jumps 50% to ₹20.41 billion

Hindustan Times  

Indian private lender IndusInd Bank reported a bigger-than-expected rise in fourth-quarter profit on Monday, helped by strong loan growth and drop in provisions for bad loans. Read here: Sensex jumps 400 points to close at over 60,050, Nifty at 17,743 The Mumbai-based lender's standalone net profit, which excludes results of unit Bharat Financial Inclusion, jumped 50% to 20.41 billion rupees …

Bank Profit Billion Net Indusind Bank Rupees