Africa's public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk of falling into debt distress as they continue to struggle to service international loans, a U.N. official said on Wednesday.
Feb. 26 marked the second major shakeup in the Dow Jones Industrial Average in the last five years. The other was when Salesforce, Honeywell International, and Amgen replaced ExxonMobil, RTX, and Pfizer (respectively) in 2020.
Sempra (Symbol: SRE) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield, as well as being recognized by prominent asset managers as being a socially respons
Avista Corp (Symbol: AVA) has been named as a Top 10 dividend paying utility stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among utilities, AVA shares displayed both attractive valuation metrics and strong profi
COVID-19 vaccine maker Novavax on Wednesday said it expects revenue this year to be flat or lower as it works to improve its commercial performance and pick up market share from much larger rivals, Pfizer and Moderna
The government of Sharjah has tightened price guidance for its 12-year benchmark-sized U.S. denominated senior unsecured sustainable bond issuance, a lead bank document showed on Wednesday.
(RTTNews) - Shares of eBay Inc. (EBAY) are rising more than 5 percent in pre-market on Wednesday at $46.71, after reporting better-than-expected fourth-quarter results. The e-commerce giant's first-quarter profit outlook also came in above view.
(RTTNews) - Innoviz Technologies Ltd. (INVZ) posted a fourth quarter net loss of $30.45 million compared to a loss of $34.32 million, last year. Loss per share was $0.18 compared to a loss of $0.25. On average, five analysts polled by Thomson Reuters expected the company to repor
Australian shares ended flat on Wednesday, as a bleak performance by heavyweight financials offset a jump in technology and energy stocks, while investors digested a weaker-than-expected inflation print for further cues on the country's rate trajectory.
Norwegian hydrogen company Nel is considering a spin-off and separate listing of its
fueling division in 2024, which has been under review since the
end of 2022, the company said on Wednesday.
(Reporting by Agata Rybska; Editing by Himani Sarkar)
((agata.rybska@thomsonreuters.com))
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The dollar inched up as traders brushed off U.S. manufactured goods data and awaited the Federal Reserve's preferred measure of inflation for clues on when the central bank may start cutting interest rates.
Just Eat Takeaway on Wednesday forecast a nearly 40% jump in its 2024 adjusted core earnings, ahead of expectations, citing strong momentum in its key British and Irish markets and good performance in other segments.
A corporate governance makeover has helped fuel the revival of Japan's once-moribund stock market. Now investors want to see if the change is for real.
South African fashion retailer Woolworths reported a 7.5% fall in half-year earnings on Wednesday, as consumers pulled back on discretionary spending and the country's energy and logistics crisis persisted.
China maintained its dominant grip on the export of solar panels and modules in 2023, boosting global shipments by over a third from 2022's totals, according to data compiled by energy think tank Ember.
French payment company Worldline on Wednesday posted a 6% rise in full-year revenue, but reported a net loss group share after it took a 1.15 billion euros ($1.25 billion) "goodwill impairment" linked to its merchant services activities.
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