Analysts warn of a third year of revenue decline, stock downgraded as Wipro slides on weak Q1 forecast
Shares of Wipro Ltd dropped as much as 6.3% on Thursday after the IT services firm issued a disappointing revenue…
Vietnam to invest $136B in power capacity by 2030 with nuclear energy in focus
Vietnam, a country heavily dependent on coal for its energy needs, has ambitious plans to significantly increase its power generation…
Sainsbury’s shares rise as profit tops £1bn; analysts flag cautious guidance amid price war risks
Shares in J Sainsbury PLC surged on Thursday, closing up 4% at 257.8p, making it the top performer on the…
Czech Republic ends reliance on Russian oil after 60 years
The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government officials…
Eli Lilly stock surges 11% on obesity pill’s success in first late-stage trial
Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s standing…
ECB cuts rates by 25 bps as inflation eases, but warns trade tensions cloud growth outlook
The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and mounting…
IMF Chief warns of economic uncertainty amid US-China-EU trade tensions
The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility, but…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…
Why did Bunzl stock sink 25% as outlook dims and buyback paused: analysts revise expectations
Shares of British business supplies group Bunzl fell sharply on Wednesday after the company cut its 2025 forecast and paused…
Gold price hits record $3,300/oz: could $4,000 be next?
Gold has maintained or even increased its appeal as a safe-haven asset in the last few trading sessions. This has…