COST Financial News

26.07 / 06:05

COST UPS Manufacturing show Time Japan says sees pick up in business sentiment for the first time in 7 months

TOKYO (Reuters) — Business sentiment in Japan is picking up in July on easing supply constraints and the removal of COVID-19 curbs, the first such uptick this year, a report by the cabinet said on Wednesday.

26.07 / 05:53

COST UPS Target FIVE performer Gold miner Perseus’ $771m cash dilemma

Gold miner Perseus could pay bonus shareholder returns next month after smashing full-year production targets, almost doubling its cash reserves and deferring one of its major spending options because of an African civil war.

26.07 / 05:53

COST UPS awards Celebrity country shock Warning Austal shares plunge after shock loss warning

Shipbuilder Austal has warned it is in danger of sinking to a loss after a big blowout in costs associated with a US Navy contract.

26.07 / 05:53

COST UPS CEO Kogan sales, profits slide amid consumer slowdown

Kogan.com says its inventory has fallen nearly 60 per cent compared with a year ago, but its sales are down more than 22 per cent and profits fell in the second half as higher inflation and interest rates made consumers wary.

26.07 / 05:53

COST Provident Aware CEO Action performer US shareholder demands new CEO at Big Un-lender Finstro

Small business financier Finstro’s future is in doubt after its major backer, a US regional bank, pushed to oust its chief executive, Brad Prout, and demanded cost savings.

26.07 / 05:53

COST UPS Provident show Banks accused of delaying home loan switching

The big banks have been accused of taking too long to release customers wanting to switch home loans from their existing mortgage, with fresh data revealing average loan discharge times are twice as long as what the competition regulator considers appropriate.

26.07 / 05:19

COST UPS FIVE Booking performer 2 PSU Stocks You Could ‘Bank’ Upon

Public sector undertaking (PSU) banks have been on investors’ radar over the past 6-8 months, given the attractive valuations they trade at and a revival in their earnings. And in the past few days, two PSU banks – Union Bank of India and Canara Bank – have reported strong operational performance in the June 2023 quarter. Investors on Dalal Street are optimistic that the growth momentum of these PSU banks will continue during the current financial year.

26.07 / 04:43

COST country First Rupee trade shipment from Petrapole border to Bangladesh

Rupee trade shipment from West Bengal's Petrapole border to Bangladesh took place on Tuesday, an official said. Petrapole, located in North 24 Parganas, is the major land port for bilateral trade with the neighbouring country.

26.07 / 04:39

COST performer 2024 Tata steel to take call on UK plant in 2024, Narendran says, ‘negotiations delayed due to multiple govt coming to power’

Tata Steel would have to decide on the future of its UK operations within the next year as some assets are nearing the end of their operational life, managing director, TV Narendran told Economic Times. Noting that the government has also visited their sites, Narendran says "Hopefully, we will come to a conclusion in the next few months." Elaborating further, he cited that negotiations got delayed over the past two-three years due to multiple governments coming to power.

26.07 / 03:59

COST Booking AXY Pool show performer PNB Q1 Results: Bank declares earnings today, net profit likely to jump to ₹1,850 crore

PNB Q1 Results Preview: Punjab National Bank (PNB), the state-run lender, will announce its earnings for the quarter ended June 2023 on Wednesday, July 26. PNB Q1 results are expected to remain modest, in line with the performance of the overall PSU banks. Earnings growth for all PSU lenders is likely to remain robust in Q1FY24, aided by controlled credit costs, though margins can show a downside bias on rising funding costs.

26.07 / 03:59

COST Target Reuters Remark band show Future IMF urges BOJ to move away from yield control, prepare for future tightening

By Leika Kihara and Andrea Shalal

26.07 / 03:49

COST Provident Lowe's Digital Platform Colibri Payments is All-in-one Legal Platform for Business to Work with Cryptocurrency at Only 0.2% Transaction Fees

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com .

26.07 / 02:53

COST UPS Citi Reuters Waters reform end Analysis-China policy reform to end losses for city-gas firms on household sales

By Chen Aizhu, Emily Chow and Andrew Hayley

26.07 / 02:31

COST UPS Citi country Mexican breadmaker Bimbo cuts outlook on strong peso

By Kylie Madry and Aida Pelaez-Fernandez

26.07 / 01:59

COST UPS Target country boost copper Gold steadies ahead of Fed decision, copper cools from China boost

Investing.com-- Gold prices kept to a tight range on Wednesday before the conclusion of a Federal Reserve meeting later in the day, while copper prices pulled back slightly after vows of more Chinese stimulus sparked strong gains.

26.07 / 01:55

Facebook COST Reuters Digital Australia court fines Facebook owner Meta ₹111 crore for failing to disclose data collection activities

₹111 crore)) for acquiring user data through an app that claimed to safeguard privacy but failed to disclose its data collection activities. Also, the Federal Court of Australia has ruled that Meta, along with its subsidiaries Facebook Israel and the previously discontinued app Onavo, must also bear the legal costs of A$400,000 ( ₹2.2 crore) to be paid to the Australian Competition and Consumer Commission, the party responsible for initiating the civil lawsuit, Reuters reported. The Australian government led by Anthony Albanese has unveiled a series of planned amendments to the Privacy Act aimed at modernising the legislation in the digital era.

25.07 / 23:57

COST Provident Microsoft NVIDIA show Microsoft charges ahead with spending to serve AI demand

By Yuvraj Malik and Stephen Nellis

25.07 / 23:57

COST UPS Google performer Alphabet Q2 results top estimates; Shares jump

Investing.com — Alphabet reported on Tuesday second-quarter results that beat Wall Street estimates, driven by performance in its cloud business.

25.07 / 21:15

COST Lowe's show U.S. consumer confidence jumps to a two-year high as inflation eases

U.S. consumer confidence shot to the highest level in two years this month as inflationary pressures eased and the American economy continued to show resilience in the face of dramatically higher interest rates

25.07 / 21:15

COST UPS Citi European Commission TELUS country EU agriculture officials work on ways to move Ukrainian grain to the world

The European Union will look at helping fund the costly transportation of grain out of Ukraine after Russia halted a deal that allowed Black Sea exports vital to global food security

25.07 / 21:15

COST ViacomCBS UBS UBS fined nearly $400 million related to Credit Suisse's relationship with failed fund Archegos

Swiss banking giant UBS will pay nearly $400 million in fines to U.S., Swiss and U.K. banking authorities for the management failures of Credit Suisse, which UBS bought in June

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