Month: February 2023

IHG Adds

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February 21, 2023 • Views: 3

IHG Adds $750 Million To Buyback, Raises Dividend As Travel Rebounds in 2022

InterContinental Hotels Group (LON:IHG) said it will buy back another $750 million of stock after the post-pandemic recovery in travel...

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HSBC

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February 21, 2023 • Views: 3

HSBC Logs Sharp Jump In Q4 Profit, Flags Special Dividend

HSBC Holdings PLC (LON:HSBA) logged a sharp jump in its fourth-quarter profit on Tuesday as rising interest rates greatly boosted its net...

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Russia exit

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February 20, 2023 • Views: 1

Maersk Nears Complete Russia Exit After Selling Logistics Sites

Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it...

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Asian stocks muted

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February 20, 2023 • Views: 2

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events...

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palantir

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February 14, 2023 • Views: 2

Palantir Posts First Quarterly Profit Following New Contract Wins

Palantir (NYSE:PLTR) reported its first-ever quarterly profit, as well as a top- and bottom-line beat in the final three months of 2022, as...

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Toshiba

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February 14, 2023 • Views: 1

Toshiba Cuts Full-Year Profit Estimate, COO Resigns

Japan’s Toshiba (OTC:TOSYY) Corp on Tuesday reported an 87.5% drop in third-quarter operating profit and cut its full-year earnings...

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Tesla

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February 13, 2023 • Views: 2

Analysis-In China, Tesla Could Win Electric Vehicle Price Battle – But Lose The War

Slashed prices have given Tesla (NASDAQ:TSLA)’s China sales a pop, but analysts, and even fans, warn the U.S. automaker needs to up...

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Nissan, Renault

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February 13, 2023 • Views: 1

Nissan, Renault To iInvest $600 Million To Make New Models In India

Nissan (OTC:NSANY) Motor Co and Renault SA (OTC:RNLSY) said on Monday they would invest $600 million to make six new models in India. The...

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SoftBank's

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February 11, 2023 • Views: 2

Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -Sources

SoftBank Group Corp’s chip technology firm Arm Ltd’s China joint venture laid off 90-95 employees last week to cope with a...

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Intel

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February 10, 2023 • Views: 2

Exclusive-Intel Weighs Boost To Investment In Vietnam Chip Packaging Plant -Sources

Intel Corp is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and...

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