Allianz reports strong Q1 growth driven by asset management, India deal
Germany’s Allianz on Wednesday reported a 52% rise in first-quarter net profit, supported by gains linked to the sale of stakes in its Indian joint…
SoftBank’s OpenAI bet sparks $46 billion Vision Fund profit surge
Japanese technology investor SoftBank Group posted a sharp rise in quarterly profit on Wednesday as surging gains from its investment in OpenAI boosted the performance…
Cipla Q4 profit misses estimates as US market competition weighs
Cipla, India’s third-largest drugmaker by revenue, reported weaker-than-expected fourth-quarter earnings on Wednesday as weak sales and intense competition in its key US market weighed on…
Japan sells foreign stocks in April amid inflation worries
Japanese investors became net sellers of foreign stocks in April for the first time in four months, as concerns over rising energy costs linked to…
Walmart to cut or relocate 1,000 corporate workers: is AI to blame again?
Walmart is cutting or relocating around 1,000 corporate employees as the retail giant consolidates parts of its global technology and artificial intelligence operations in a…
HPCL Q4 profit jumps 46% on strong refining margins
Hindustan Petroleum Corporation Limited reported a sharp rise in profit for the fourth quarter and full financial year 2025-26, supported by stronger refining margins, higher…
ECB’s Elderson urges euro zone banks to prepare for AI-led cyberattacks
European Central Bank board member Frank Elderson on Wednesday urged banks in the euro area to accelerate preparations against potential cyberattacks that could be launched…
BT Group share price soars to a 7-year high as earnings loom
BT Group share price continued its strong bull run, reaching its highest point in over seven years as its full-year earnings loomed. It jumped to…
Brent Crude Oil Bulls Target $112.80
Brent crude oil be expected to rise to the next round resistance level 112.80 (which has been reversing the price from the start of march).…
Rocket Lab stock is near all-time highs, so why is Cathie Wood selling?
Rocket Lab stock (NASDAQ: RKLB) has become one of the market’s loudest momentum stories, and Cathie Wood has been trimming into the strength. On May…
World markets face mounting risks as US-Iran tensions intensify
The prolonged conflict in the Middle East is beginning to weigh heavily on global markets, affecting currencies, fuel prices, airlines, and bond markets as investors…
Vodafone share price drops after earnings, as technicals point to a 22% surge
Vodafone share price dropped today, May 12, even as the company published strong financial results, helped by its strategic pivot to its main markets. It…