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Latest Articles in Companies Markets
Tesla supplier LG Chem to boost battery capacity
The South Korean firm forecast a further rise in its battery sales and profit in the fourth quarter after posting record quarterly earnings thanks to growing demand for electric vehicle (EV) batteries.
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LTI Q2 Net Profit Rises 27% To Rs 457 Cr
Its revenue grew 16.6 per cent to Rs 2,998.4 crore in the reported quarter from Rs 2,570.7 crore in the year-ago period.
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Norway's Telenor Lifts 2020 Earnings View After Third-Quarter Beat
Shares in the telecoms provider, which late on Tuesday sold its headquarters to free up capital, were 3% higher at 0805 GMT, outperforming a 0.2% decline in Oslo's benchmark index.
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Global Markets: Stocks And Bonds Yields Climb As Investors Eye US Stimulus
The MSCI world equity index, which follows shares in nearly 50 countries, gained 0.1%, buoyed by a 0.5% gain for Asia-Pacific shares outside Japan.
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Credit Suisse Teams Up With AXA For Digital App
Switzerland's second-biggest bank last month unveiled the CSX app that seeks to challenge fintechs such as Revolut by offering free foreign transactions and fully digital wealth management.
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NTO 2.0 Case: High Court reserves judgment, TRAI can’t take coercive steps
As per sources, the Bombay High Court recently heard arguments from both sides
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Sahaj Appoints Amit Kumar Singh As CEO
Amit will be responsible for leading the company's initiative to enrich rural lives by providing last mile reach for various products and services through a vast trusted network of partners and franchisees.
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Lilly Hires Outside Advisor For COVID Drug Plant Problems
The company reiterated that it had not received a warning letter from the U.S. Food and Drugs Administration following inspections at the plant first revealed by Reuters last week.
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World Trade Rebounding Slowly, Outlook Uncertain - UN report
Global trade recovered somewhat in the third quarter, when it was estimated at about 4.5% less than in the same period a year ago, the agency said in its latest update.
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Ericsson's Third-Quarter Earnings Shine As Margins Rise, 5G Rolls Out In China
Ericsson's 5G contract wins have touched 112 as more telecom operators are building next-generation networks and as diplomatic pressure from the United States is pushing out market leader Huawei from more countries.
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Malaysia's September CPI Drops 1.4% Y/Y, More Than Forecast
The drop was more than the 1.3% decline forecast by 10 economists in a Reuters poll. In August, the index had fallen 1.4%.
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Nestle Raises Full-Year Guidance After Third Quarter Sales Beats Poll
Sales in Swiss francs fell 9.4% to 61.9 billion Swiss francs ($68.33 billion) hit by the sale of Nestle Skin Health and the U.S. ice cream business.
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Stock Market Daily Updates: 21 Oct 2020
The Nifty future is moving in a narrow range of 11909 to 12008 points. The Nifty future could retest the crucial upper resistance of 11933-11989 points in the short term. Immediate support to be watched at 11909 points.
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Brazil's Petrobras Boosts Production Outlook In Recovery From COVID-19 Halts
The revision will not come as a shock to the market as the company has consistently produced at levels above formal guidance this year, and executives had previously faced questions about whether their guidance was too conservative.
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Nifty, Sensex Rise On Gains In Banking, Energy Stocks
The NSE Nifty 50 index rose 0.77% to 11,988.00 by 0353 GMT, while the S&P BSE Sensex was up 0.78% at 40,858.85.
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