COST Financial News

26.07 / 08:55

COST UPS Target Progressive Porsche Threat Porsche's EV sales target under threat from supply chain snags

By Victoria Waldersee

26.07 / 08:55

COST UPS Browser performer Inside Bears rolls-royce Rolls-Royce upgrades profit forecast as turnaround plan bears fruit

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26.07 / 08:55

COST UPS Browser performer Inside fall Lloyds profits fall as it prepares for mortgage arrears jump amid rising rates

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26.07 / 08:31

COST Provident country Qld battery to be upsized as storage investments soar

French renewables and storage developer Neoen has decided to increase the size of its large battery under construction in Queensland by 35 per cent in a further sign of the surge of investment in capacity that supports the push to weather-dependent wind and solar.

26.07 / 08:31

COST Provident Waves awards Corporate Travel rides wave of UK contract to keep earnings afloat

The United Kingdom’s asylum seeker crisis has kept buoyant Corporate Travel Management’s earnings, as the travel agent banked “significantly larger” revenue from its European division to offset weakness back home.

26.07 / 08:31

COST UPS Provident show Vic paid $176k for Games office that will never be used

The Victorian government spent $176,000 to set up a 2026 Commonwealth Games office in Geelong last year before pulling the pin on the competition because of cost blowouts.

26.07 / 08:21

COST Provident Tesla Nissan performer Nissan posts 98% rise in Q1 operating profit, exceeds market expectations

Also Read: Nissan, Renault may announce new alliance deal in days: Report Japan’s Nissan Motor managed to double its first-quarter profit on Wednesday. The profit was fuelled by higher production and sales in North America and Japan. The weaker yen also helped the company lift its full-year outlook.

26.07 / 08:21

COST Target Reckitt's sales volume dip takes shine off like-for-like sales beat

(Reuters) -Reckitt Benckiser's sales volume fell in the second quarter as the Dettol and Lysol cleaning products maker increased its price mix to tame soaring raw material costs, sending its shares down more than 2%.

26.07 / 08:21

COST UPS Target performer track For Tata Motors investors, everything is revving up rosy

₹665.40 apiece on Wednesday, propelled by better-than-expected Q1FY24 results and the recent announcement. Throughout 2023, a key factor fostering positivity in Tata Motors’ stock has been the significant enhancement in the performance of its British subsidiary, Jaguar Land Rover Automotive Plc (JLR), resulting in a more optimistic debt reduction and free cash flow (FCF) outlook. In Q1, JLR’s performance was bolstered by increased production, favourable mix, and commodity tailwinds.

26.07 / 08:07

COST Lowe's Target Progressive Remark Japan to maintain accommodative policy - govt official quotes BOJ's Ueda

TOKYO (Reuters) — The Bank of Japan (BOJ) will maintain accommodative monetary conditions for companies, Governor Kazuo Ueda was quoted as saying at a key government meeting on Wednesday.

26.07 / 07:59

COST UPS Lowe's CEO Equifax How to manage your finances while buying a pre-owned car

Buying a pre-owned or used car comes with several benefits as it is more affordable. While it is not difficult to finance your pre-owned car, there are certain factors you have to keep in mind to avoid any additional financial burden. The most important point: the interest rate on the loan for a pre-owned car is higher than that on a new car loan. It is, therefore, better to make a substantial down payment and opt for a loan with a shorter tenure.

26.07 / 07:59

COST UPS Provident CEO Pride 10 reasons why buying a house is better than renting

Whether to buy a house or continue renting is a common dilemma in India. While renting offers flexibility, there are several compelling reasons why purchasing a home is a better long-term financial decision.

26.07 / 07:59

COST UPS Provident Maxim Align Home Loans and Income Tax: How to maximize tax savings and minimize liabilities

In today’s world, owning a home is not only a symbol of stability and security but also a powerful financial asset. Home ownership provides individuals and families with numerous benefits, one of which is the potential for significant tax savings and the ability to minimize financial liabilities. Understanding how to leverage these advantages can make a substantial difference in your financial well-being and long-term wealth creation.

26.07 / 07:45

COST UPS Citi Provident Waters Adventure Future Best electric cycles: Unleash the thrill of eco-friendly riding and embrace a greener future

Join the growing community of eco-conscious adventurers who have unlocked the true potential of electric cycling. Say goodbye to conventional commuting and embrace a thrilling, eco-friendly lifestyle with the best electric cycles that will revolutionize your daily travels.

26.07 / 07:35

COST UPS Lowe's CBA swings the axe on staff; job cuts across the board

Commonwealth Bank is following in the footsteps of its peers, setting the wheels in motion for a sizeable round of staff cuts.

26.07 / 07:35

COST UPS Fighting performer Inside Commonwealth Bank to cut around 250 jobs

Commonwealth Bank has told staff it is cutting an estimated 251 jobs across its IT, business bank and retail bank in an effort to reduce costs.

26.07 / 07:35

COST UPS Man Strategy UBS PAC Regal Partners-led consortium lobs knock-out offer for PAC

Apex predator Regal Partners is teaming up with River Capital to make a bid for ASX-listed investment house Pacific Current Group (PAC), sources told Street Talk.

26.07 / 07:13

COST UPS Provident Manufacturing Strategy track Q4 L&T margins should improve in Q4 of current year and next 4 quarters: CFO

R Shankar Raman, Whole-Time Director & CFO, L&T, says “as a strategy, the company is looking at asset-light return high areas of operations. Consequently, the cash that gets generated beyond the requirement of the company is meant for shareholders. Returning money to shareholders can take a couple of forms.

26.07 / 06:27

COST Digital Gap Flushing Diary companies' gross margins to improve sequentially in FY24, says new report

dairy companies will improve sequentially in FY24, according to rating agency ICRA. A report released by ICRA said that domestic milk supply was impacted in FY2023 due to the incidence of Lumpy Skin Disease (LSD) in cattle and its impact on the milk yields during the flush season, thus resulting in a demand-supply gap as demand remained steady. ICRA expects healthy improvement in milk supply by H2 FY2024 as these factors are likely to ease.

26.07 / 06:27

COST performer cover PM Modi performs 'pooja' at redeveloped ITPO complex at Pragati Maidan ahead of official inauguration

Narendra Modi on Wednesday performed «pooja» at the redeveloped India Trade Promotion Organization (ITPO) complex at the Pragati Maidan here ahead of its official inauguration. He also interacted with the workers who were involved in the construction of the complex and felicitated them.

26.07 / 06:11

COST UPS Target Reuters Progressive Drop Costs Deutsche Bank beats expectations despite 27% drop in profit, jump in costs

Deutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023, narrowly beating expectations despite a 27% year-on-year decline.

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