Author: Ritu

Merck
Uncategorized

Merck KGaA Expects 2023 Profit to Slip As COVID Demand Wanes

Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a decline at its electronic chemicals unit and a drop in COVID-related demand for its lab supplies from drug and vaccine makers. For 2023 earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-offs, the company “assumes a moderate decline to an […]

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Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

The U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Read more

Global banks raise forecast to 4% peak for key ECB rate

Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to Read more

4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more

Read More
SpaceX
Uncategorized

SpaceX Ready To Retry Launching NASA’s Next Space Station Crew

Elon Musk’s rocket company SpaceX was ready to try again at sending NASA’s next long-duration crew of the International Space Station to orbit on Thursday, about 72 hours after a first attempt was scrubbed due to a clogged filter in the launch system. Two NASA astronauts will be joined by a Russian cosmonaut and an […]

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Dollar Edges Lower; Fed Minutes Loom Large
Dollar edges

The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more

US dollar clings to gains as bets on further Fed hikes firm
Financial News

THE Dollar Fought For A Footing In Choppy Trade On Thursday With Support From Upbeat U.S. Data And Hawkish Policymaker Read more

Europe Lower; Attention Turns Back to Economic Damage
Stocks sell-off as coronavirus surge knocks recovery hopes

By Administrator_India Capital Sands European stock markets edged lower Wednesday, following on from losses on Wall Street overnight amid doubts Read more

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
OIL FALLS

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in Read more

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Soils of War
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Soils of War: The Toxic Legacy For Ukraine’s Breadbasket

When Ukraine recaptured Kherson in November, Andrii Povod returned to find his grain farm in ruins. Two tractors were missing, most of the wheat was gone and all 11 buildings used to store crops and machinery had been bombed and burned. The farm bears the scars of Russian shelling and unexploded ordnance riddles the fields […]

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Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

The U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Read more

Global banks raise forecast to 4% peak for key ECB rate

Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to Read more

4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more

Read More
G.M
Uncategorized

GM Cutting Hundreds of jobs to Reduce Costs

General Motors Co is cutting hundreds of executive-level and salaried jobs as it looks to cut costs and streamline operations, a person briefed on the matter told Reuters on Tuesday. The global reductions are in the “low hundreds,” the person said. GM Chief People Officer Arden Hoffman said in a letter to employees on Tuesday […]

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Dollar Steadies After Powell’s Testimony; Sterling Awaits BOE Meeting

The U.S. dollar stabilized in early European trade Thursday near a one-month low after the first day of Federal Reserve Read more

Global banks raise forecast to 4% peak for key ECB rate

Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to Read more

4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more

Read More
Gold prices
Uncategorized

Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists

Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest rates and anticipation of key U.S. economic readings this week kept traders largely on the sidelines. The yellow metal marked four consecutive weeks of losses as hotter-than-expected U.S. inflation and signs of […]

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Asian Stocks Rally On China Stimulus, Japan Hit By BOJ Uncertainty
Asian stocks rally

Most Asian stock markets surged on Monday, with Chinese indexes in the lead after the government rolled out more stimulus Read more

Asia FX Steadies as Dollar Rebound Slows Ahead of Fed Minutes
ASIA FX

Most Asian currencies rose slightly on Wednesday as a recovery in the dollar appeared to have run out of steam, Read more

China Manufacturing PMI Shrinks for 5th Straight Month in Dec – Caixin
China manufacturing

Chinese manufacturing activity shrank for a fifth straight month in December, a private survey showed on Tuesday, as the country Read more

South Korea Dec Factory Activity Weakens on Demand Slump, Trucker Strike – PMI

South Korea's factory activity shrank for a sixth consecutive month in December, a business survey showed on Monday, as the Read more

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Oil Prices Rangebound
Uncategorized

Oil Prices Rangebound As Markets Await China, U.S. Economic Cues

Oil prices moved in a small range on Tuesday as traders awaited more cues from Chinese and U.S. business activity readings due this week, although fears of rising interest rates and slowing economic growth saw markers nursing steep losses. Crude markets cut short a three-day gaining spree on Monday as markets reassessed their outlook for […]

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Toyota’s Nov Global Vehicle Production Rises 1.5% to Record 833,104
Toyota's

Toyota Motor (NYSE:TM) Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of Read more

Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut
OIL RALLY

Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude Read more

Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning
Oil prices

Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China Read more

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs
OIL FALLS

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in Read more

Read More
Ukraine's Economy
Uncategorized

Ukraine’s Economy Stabilizes After Shock of War

When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains – domestic and overseas – collapsed. Fresh produce became scarce and panic buying spread. Oleksiy Panasenko, deputy director general for operations at the popular outlet, recalls how the business reeled before Novus, like […]

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Hackers Who Breached ION Say Ransom Paid; Company Declines Comment
Hackers Who Breached

The hackers who claimed responsibility for a disruptive breach at financial data firm ION say a ransom has been paid, Read more

Global banks raise forecast to 4% peak for key ECB rate

Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to Read more

4 Big Analyst Picks: Accenture Upgraded To Neutral Ahead of Q3 Earnings

Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more

Read More
Oil Prices Move
Uncategorized

Oil Prices Move Little in Anticipation Of More China Cues

Oil prices kept to a tight range on Monday amid persistent concerns over high inflation and rising U.S. interest rates, while traders awaited more cues on demand from key Chinese economic readings this week. Readings on China’s Purchasing Mangers’ Index (PMI) for February are due on Wednesday. Indicators for January had portrayed a somewhat mixed […]

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Dr. Martens Plunges After Fresh Profit Warning
Dr. Martens

Dr. Martens (LON:DOCS) stock plunged at the open on Thursday to a new all-time low, after the bootmaker was forced Read more

Telekom Reports Q4 Growth, Forecasts Slightly Higher Earnings in 2023
Telekom

Deutsche Telekom reported better-than-expected-fourth-quarter earnings on Thursday, citing customer growth in Germany and strong performance from T-Mobile US (NASDAQ:TMUS), and Read more

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited
Asian stocks

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more

Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged
Australia's Central Bank

Australia's central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases Read more

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Cineworld
Uncategorized

Abandon Hope, Cineworld Tells Shareholders

Cineworld (LON:CINE) shareholders are set to be wiped out completely after talks to bring the company out of bankruptcy failed to attract enough interest from buyers. The owner of the Regal chain of cinemas, which collapsed under the weight of its debts last year, said it had failed to persuade potential buyers to make a […]

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Trade Spotlight What Should You Do Wth Britannia, SJVN, Apollo Tyres on Wednesday?
Trade Spotlight

Apollo Tyres was also in focus, rising 4 percent to Rs 301, the highest ever closing level. The stock has Read more

बड़ी गिरावट पर खुला बाजार, निफ्टी 17 हजार तो सेंसेक्‍स 57 हजार से नीचे
भारतीय शेयर बाजार

भारतीय शेयर बाजार ने सोमवार सुबह ट्रेडिंग की शुरुआत बड़ी गिरावट के साथ की. ग्‍लोबल और लोकल फैक्‍टर के दबाव Read more

Russia Ukraine War : 2 घंटे तक बंद रहने के बाद खुले रूस के शेयर बाजार 50 प्रतिशत तक गिरे
Russia Ukraine War

रूस की मॉस्को एक्सचेंज (Moscow Exchange) ने गुरुवार को लगभग दो घंटे तक बाजार में ट्रेडिंग को रोका और दो Read more

Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance

Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more

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Uncategorized

At G20 Meeting, U.S. Accuses Russian Finance Officials Of Complicity in War

U.S. Treasury Secretary Janet Yellen accused Russian officials attending a G20 finance leaders meeting of being “complicit” in atrocities in Russia’s invasion of Ukraine, while host India avoided mentioning the year-long war in inaugural remarks. Indian Prime Minister Narendra Modi urged the financial leaders to focus on the world’s “most vulnerable citizens”, making no direct […]

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Oil Prices Creep Higher As IEA Flags Chinese Demand Recovery
Oil prices creep

Oil prices rose slightly on Monday tracking optimistic comments on a recovery in Chinese demand from the International Energy Agency, Read more

Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets
Asia FX Weakens

Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Read more

Asia FX Rallies on China Reopening, Yuan at Over 4-Mth High
Asia FX

Most Asian currencies shot up on Monday, with the Chinese yuan hitting a four-month high after the country reopened its Read more

US discovers UK coronavirus variant in patient with no travel history
COVID-19 vaccine export may start in 2 weeks, says Serum Institute CEO Adar Poonawalla

By Administrator_India Capital Sands A 20-something man from Colorado is the first American known to be infected with a new Read more

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