Italy's UniCredit on Tuesday said it would repay a 1 billion euro ($1.1 billion) subordinated bond due in 2029 early, after receiving the green light from the European Central Bank.
Indian shares pared early gains on Tuesday, as heavyweight financials, led by HDFC Bank, declined and Zee Entertainment slumped after Japan's Sony Group terminated a $10 billion merger plan.
Japan's Nikkei share average rose to a 34-year peak on Tuesday, buoyed by Wall Street's climb overnight to a fresh record high and the Bank of Japan's (BOJ) decision to keep ultra-easy policy settings intact.
(RTTNews) - Ericsson (ERIC) reported that its fourth quarter net income to owners of the parent company declined to 3.39 billion Swedish kronor from 6.07 billion Swedish kronor, prior year. Earnings per share was 1.02 kronor compared to 1.82 kronor. EBIT excluding restructuring c
French healthcare company Sanofi has agreed to buy the drug development project INBRX-101 from its parent company Inhibrx Inc for around $2.2 billion, the companies said on Tuesday.
Swatch Group reported a 5.2% increase in annual sales, the world's biggest watchmaker said on Tuesday, adding it saw "excellent growth prospects" for 2024.
Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the telecom equipment supplier increased its margin in a market where demand for 5G gear is growing slowly.
The yen fell broadly on Tuesday after the Bank of Japan (BOJ) maintained its ultra-easy monetary settings at the conclusion of its two-day policy meeting, matching market expectations.
Equities in Taiwan hit a three-week high on Tuesday and shares in Malaysia, South Korea, and the Philippines also gained after an earnings-driven rally helped the S&P 500 notch up a fresh record high for a second straight session.
(RTTNews) - Ericsson (ERIC) said that it appointed Lars Sandstrom as its new Chief Financial Officer, Senior Vice President, and Head of Group Function Finance. He will replace Carl Mellander, whose departure Ericsson announced in April 2023. Sandstrom will join Ericsson on April
Ericsson on Tuesday reported a fall in fourth quarter operating profit but beat expectations as the telecom equipment supplier increased its margin in a market where demand for 5G equipment is growing slowly.
In a crowded field of competition, Rivian Automotive (NASDAQ: RIVN) has risen to become one of the more prominent names in the electric vehicle (EV) industry. The company's suite of SUVs and trucks fills a gap badly missing in the EV market and holds the potential to become the l
Consumer goods companies are likely to post stronger fourth-quarter sales growth in Europe than in the United States, monthly data indicates, boosted by persistently higher prices in countries like Britain, France and Germany even as Americans paid less.
Riyadh has spent billions to try to turn itself into a hub for electric vehicles and overcome obstacles including a lack of infrastructure, talent and raw materials, as it seeks to catch up in the global race to reap the profits of the new industry.
Legacy automakers playing catch-up with EV leaders like Tesla are leaning on their Formula E electric racing teams for innovations to build better mass-production EVs with greater range and efficiency, or a lower price tag.
Japanese shares surged to fresh 34-year highs as the Bank of Japan stood pat on ultra-loose monetary policy, while Chinese stocks struggled as speculation of a huge rescue package from Beijing underwhelmed investors worried about the shaky economy.
Gold prices rose on Tuesday, as the U.S. dollar edged lower while investors awaited interest rate decisions from a number of central banks and a slew of economic data in the United States this week.
Oil prices were little changed on Tuesday as traders weighed
a host of conflicting supply and demand worries, with rising
tensions in the Middle East and cold weather woes disrupting
production in the United States.
China will expand planting of genetically modified (GM) soybeans and corn, a government official said, as the world’s largest grains importer seeks to boost yields and improve food security.