Puma Backs Outlook Despite Weaker Profits
Puma confirmed its 2023 guidance even though its underlying earnings fell by 8.3% in the third quarter, hit by currency effects.
Orange Keeps Outlook After Solid Third Quarter
Orange confirmed its 2023 guidance after it reported earnings for the third quarter that edged consensus expectations.
Novartis Lifts Guidance Again
Novartis said it now expects core profit in the year to grow by a percentage in the mid to high teens range […]
UniCredit Upgrades Guidance After Third-Quarter Beat
UniCredit raised its 2023 outlook for net interest income and revenue, after its third-quarter results came in above forecast, and said it […]
A deepening selloff in the U.S. bond market drove the yield on the 10-year U.S. Treasury note to 5% for the first time in 16 years, a milestone that has rattled stocks, lifted mortgage rates and fueled fears of an economic slowdown.
A deepening selloff in the U.S. bond market drove the yield on the 10-year U.S. Treasury note to 5% for the first […]
Energy Shocks to Hasten Move to Renewables, IEA Says
Global demand for fossil fuels is likely to peak before the end of the decade, with mounting shocks to the global energy […]
What’s News: Business & Finance
What’s News: Business & Finance
The Corporate Retreat From Hong Kong Is Accelerating
The commercial hub’s ties to mainland China, which global companies once considered an asset, have become a liability.
What’s News: World-Wide
What’s News: World-Wide
How Far Is China’s Slowdown Spreading? Ask a Dairy Farmer 6,000 Miles Away
Weak demand among Chinese consumers for milk is rippling out to the rolling hills of New Zealand.
Asian Currencies Consolidate; May Strengthen on Easing Geopolitical Tensions
Asian currencies consolidated against USD in the morning session, but may strengthen on the potential ebbing of geopolitical tensions.
Gold Edges Higher After U.S. Treasury Yields Fall
Gold prices rose in early Asian trading after falling overnight.