(RTTNews) - Telefónica Deutschland (TDE.L, TEF) and Deutsche Telekom (DTEGY.PK) have signed a ten-year contingent contract for an early extension of existing cooperation in the fixed network. The agreement will become effective in spring 2021. The two companies also cooperate i
Israel's Elbit Systems said on Wednesday its U.S. subsidiary won a contract worth up to $50 million to produce spare parts for the aviators' night vision imaging system head-up display system of the U.S. Army.
Tesco, Britain's biggest retailer by sales, on Wednesday reported a 15.6% fall in core profit, with a jump in sales due to the COVID-19 pandemic more than outweighed by higher costs and losses at Tesco Bank.
Total has taken a 20% equity stake in the Eolmed floating wind farm pilot project in France, which the French group said on Wednesday formed part of its broader plans to build up its presence in the wind power sector.
Saudi Arabian supermarket retailer BinDawood Holding has priced its initial public offering at 96 riyals ($25.59) a share, the company said on Wednesday.
Russia's sovereign wealth fund said on Wednesday it had invested in the initial public offering (IPO) of Russian shipping company Sovcomflot along with leading wealth funds from the Middle East and Asia.
Kohl’s stock (NYSE: KSS) has rallied 40% since late March (compared to a similar growth for the S&P 500) to its current level of over $18, after falling to a low of close to $13 in late March, when a rapid increase in the number of Covid-19 cases outside China resulted i
We believe Western Digital stock (NASDAQ: WDC) has the potential for strong gains once fears surrounding the Covid outbreak are put to rest. Western Digital trades at $36 currently and has lost 41% in value so far this year. Further, it traded at a pre-Covid high of $69 in Feb
We believe that Medtronic stock (NYSE:MDT) could offer an upside of roughly 15% from the current levels. MDT stock trades at $102 currently and it is down 9% so far this year as well as from the pre-Covid high of $112 seen in February. Also, MDT stock has gained 42% from the l
After a modest 11% growth since March 23, Citrix Systems stock (NASDAQ: CTXS) looks fully valued based on its historic Price to Sales (P/S) multiples. Citrix Systems, a cloud-based enterprise software provider, has seen its stock rally from $122 to $135 off the recent bottom c
Did you notice that Duke Energy (NYSE:DUK) jumped more than 10% in the last 5 trading days, with Sep 30 accounting for the bulk of the increase? It appears that the trigger was news of Duke rebuffing a takeover bid from NextEra. But what does this trigger mean for investors ov
(RTTNews) - Indian shares opened on a flat note Wednesday as investors awaited cues from the earnings season and a three-day policy review by the RBI due to begin later in the day.
The Tokyo Stock Exchange (TSE) has appointed four external board members to a committee to investigate last week's trading outage as its system developer, Fujitsu Ltd, continues to examine the cause of the incident.
Thailand's central bank saw a need to preserve limited monetary policy room to use at the most effective time, when it kept its benchmark rate steady at a record low last month, meeting minutes showed on Wednesday.
(RTTNews) - Asian stock markets are mixed on Wednesday following the negative cues overnight from Wall Street after U.S. President Donald Trump said he is ending negotiations with Democrats on a new fiscal stimulus package until after the November 3 presidential election.
Japan's Sharp Corp said on Wednesday it has signed a licensing agreement with Daimler as it settled a patent infringement lawsuit against the German automaker over in-vehicle mobile communications technology.
The Australian government will issue bonds worth A$240 billion ($170.4 billion) in the current financial year, surprisingly unchanged from earlier projections despite a massive increase in spending to bolster the coronavirus-ravaged economy.