Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” Continue Reading »
in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the three-month period to December 31 to Continue Reading »
UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to Continue Reading »
Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom Continue Reading »
Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities and was aware of a report issued by short-seller Hindenburg Research. Seven listed companies Continue Reading »
Shares in Saga (LON:SAGA) rose on Monday after the company confirmed on a weekend report saying it’s in talks to sell its insurance business Acromas. The Sunday Times had reported Continue Reading »
European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and tight monetary policy. At 04:10 ET (09:10 GMT), the Continue Reading »
Shares in ASM International NV (AS:ASMI) surged towards the top of the pan-European Stoxx 600 on Wednesday after the Dutch chip supplier posted better-than-expected preliminary sales in the fourth quarter Continue Reading »
European stock markets edged lower Tuesday, as investors digested dire Chinese growth numbers as concerns about the global economic outlook remain high. At 04:15 ET (09:15 GMT), the DAX index Continue Reading »