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Rotala 1H Pretax Profit Fell on Higher Costs; 2023 Performance in Line With Views
By Anthony O. Goriainoff Rotala said Friday that pretax profit for the first half of fiscal 2023 fell after it booked higher costs, and that its performance
Capgemini Shares Fall After 1H Reflects Slowdown
By Pierre Bertrand Capgemini shares fell in early trading Friday despite reporting an increase in first-half earnings, as analysts pointed to the French information technology company
BOJ Gov. Ueda Says Flexible Yield Curve Control Doesn't Change BOJ's Easy Stance
By Megumi Fujikawa Bank of Japan Gov. Kazuo Ueda said Friday that the bank's decision to make its yield curve control more flexible doesn't mean a shift of its easy
SMCP Shares Fall on Lower 1H Profit
By Maitane Sardon Shares in SMCP dropped on Friday after the company said earnings fell in the first half. At 0729 GMT, shares traded 7.4%
Aston Martin Appoints Geely CEO Daniel Li as Nonexecutive Director
By Ian Walker Aston Martin Lagonda Global Holdings said Friday that Daniel Li, Geely's nominated shareholder representative, has been appointed as
Casino Shares Slump After Rescue Agreement With Kretinsky-Led Consortium Disappoints
By Mauro Orru Shares of Casino Guichard-Perrachon plunged in early trading Friday after the embattled French grocer said that an agreement in principle with a consortium led by Czech billionaire Daniel Kretinsky to shore up its capital base and restructure its
Croatia adopts legal framework for agrivoltaics
The Croatian government has adopted bylaws to the Spatial Planning Act that define agrivoltaic installations and the areas in which they can be deployed, in order to facilitate future deployment. The government of Croatia recently adopted a legal framework for
Solar batteries with simultaneous light absorption, storage
Scientists at the Max Planck Institute for Solid State Research have developed a bifunctional solar battery device that enables simultaneous light charging, charge storing, and electric discharging. The device relies on a bifunctional carbon nitride photoanode
Praveg Ltd ‘s shares rise after announcement of beach resort
Praveg Ltd.’s shares went up by 1.54 per cent after the company announced the upcoming
Ajanta Pharma’s shares surge by 9.55%
Ajanta Pharma Ltd.’s share price rose after the company reported a 19 per cent increase in profit after tax for the quarter ended June 30, 2023, at ₹208.12 crore compared to ₹174.62 crore
Crypto market is “rife with fraud and hucksters,” Gary Gensler said
Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), has once again expressed his thoughts on the state of the cryptocurrency market. In an interview with Bloomberg TV on their “Bloomberg Markets” show, Gensler
Valeo Shares Down Following 1H Results Showing Negative Cash Flow
By David Sachs Valeo shares fell in early trading Friday after the company reported higher earnings but negative cash flow in the
YouGov Sees FY 2023 Operating Profit, Revenue Meeting Market Views; Appoints New CEO
By Christian Moess Laursen YouGov said Friday that it expects to report adjusted operating profit in line with market expectations for fiscal 2023 after performing well in the year despite a challenging market
W.H. Ireland Shares Plummet on Discount Share Placing to Avoid Wind-Down
By Joe Hoppe W.H. Ireland Group shares fell Friday after it said it was carrying out a heavily discounted share placing for 5.0 million pounds ($6.4 million) to avoid potentially dissolving the company. Shares at 0718 GMT were down 16.5 pence, or 73%, at 6.0
US Futures Up, European Stocks Mixed as Investors Digest Central Bank Decisions
In the U.S. futures for the S&P; 500 were up 0.5% and futures for the Dow Jones Industrial Average increased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In
Cellnex Shares Rise on Plan to Issue Convertible Bonds
By Adria Calatayud Shares in Cellnex Telecom rose Friday after the Spanish telecommunications-infrastructure company said it plans to issue up to 1 billion euros ($1.10 billion) worth of
Inspecs Group 1H Revenue Grew 6%; Says It Is Confident to Meet 2023 Market Views
By Ian Walker Inspecs Group said Friday that it had a solid performance for the first half-year with revenue up 6% and that it is confident to meet full-year
Indian rupee dips after dollar jumps on upbeat US data
The Indian rupee declined on Friday, pressured by the resurgent dollar and position adjustment by speculators, while premiums dropped following a rise in US yields. The rupee was at 22.41 to the UAE dirham by 9.52am, down from 22.32. If rupee's decline holds
BUSINESS LIVE: NatWest posts £3.3bn profit; BA-owner smashes forecasts
The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are NatWest, IAG, AstraZeneca, Rightmove, Standard Chartered and YouGov. Read the Friday 28 July Business Live blog below. > If you are using our app or a third-party
IAG Expects Return to Prepandemic Levels This Year After Swing to 1H Profit on Strong Demand -- Update
By Anthony O. Goriainoff International Consolidated Airlines Group said Friday that it aimed for its capacity to be back to the levels seen before the pandemic by the end of the year as it reported a swing to net profit for the first half on strong customer
Spanish Economic Growth Slowed Slightly in 2Q
By Ed Frankl Spain's economy grew in a little less in the second quarter than the prior three months, a signal that the speed of economic expansion in early 2023 may not be sustainable amid the squeeze on spending caused by rising interest rates. Spanish gross
Manuel Manrique’s Modern Masculinity Study ‘Head On The Wall’ Bound for Locarno’s Match Me!
A clever study of modern masculinity through the lens of
Spanish Inflation Ticks Up More Quickly Than Forecast in July
By Joshua Kirby Spain's inflation rate climbed back up in July as rising prices for fuel offset continued declines in electricity and gas prices, taking the rate
Darktrace Investor Sells 20.8 Mln Shares
By Ian Walker Jefferies International said Friday that it has now sold 20.8 million Darktrace shares on
PayPoint Says FY 2024 Started Well; FY 2023 Profit Slipped on One-Off Costs
By Joe Hoppe PayPoint said Friday that it has had a positive first quarter of fiscal 2024, with further revenue growth and strategic progress, and that fiscal 2023 pretax profit slipped on one-off exceptional costs
Cineworld Group Expects Share to Be Cancelled on Aug. 1; Suspended From Friday
By Christian Moess Laursen Cineworld Group said that its shares listing and its admission to trading on the London Stock Exchange will
Vanquis Banking 1H Pretax Pft GBP-14.5M
By Elena Vardon Vanquis Banking Group on Friday swung to a pretax loss for the first half of 2023 given higher expected credit losses from the IFRS 9 impact of strong loan book growth and higher costs from
B&M European Value Signs Agreement Worth Up to GBP16 Mln to Retain Trading Director
By Joe Hoppe B&M; European Value Retail said Friday that it has made a retention agreement with its Trading Director Bobby Arora, worth up to 16 million pounds ($20.5
France Inflation Eases More Than Expected in July
By Joshua Kirby France's inflation rate fell by more than expected in July as energy and food prices continued to ease. The country's consumer price index rose 4.3%
Reasons to Fall in Love With Municipal Bonds Right Now. How to Invest.
When a money-market fund yields more than 5%, what’s so special about municipal bonds yielding 3%? A lot, it turns out. Take taxes into account and muni yields get much more appealing. And right now, it’s a good time to lock in longer-term bonds. BlackRock
