Aug 4 (Reuters) – Jio Financial Services (JIOF.NS),and BlackRock (BLK.N), on Tuesday launched the JioBlackRock Nifty 50 ETF, marking their entry into India’s exchange-traded fund market through their asset management joint venture. Here …
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Volvo Cars May-July sales volumes down 4% year-on-year
by adminby adminSTOCKHOLM, Aug 4 (Reuters) – Swedish-based Volvo Cars (VOLCARb.ST) sold 164,663 cars in the three months through July, down 4% from the same period a year earlier, the company said on Tuesday. …
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India’s Odisha state warns iron ore miners, steelmakers over grade manipulation
by adminby adminA worker checks for minor cracks on steel bars with an ultrasound machine, inside a steel factory on the outskirts of Ahmedabad, India. A worker checks for minor cracks on …
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Thai PM urges ‘calibrated re-engagement’ with Myanmar ahead of meeting with Min Aung Hlaing
by adminby adminJAKARTA, Aug 4 (Reuters) – Thai Prime Minister Anutin Charnvirakul called on Tuesday for a “calibrated re-engagement” with Myanmar, ahead of his scheduled meeting this week with Myanmar junta chief …
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Dialysis firm FMC’s shares slide despite earnings beat as US volumes disappoint again
by adminby adminAug 4 (Reuters) – Fresenius Medical Care (FMEG.DE), shares fell in early trade on Tuesday, as investors looked past a second-quarter profit beat to focus on a fresh disappointment in U.S. patient volumes and …
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BP’s second-quarter profit more than doubles from a year ago
by adminby adminThe BP logo is seen on gasoline pumps at a BP gas station in Manhattan, New York City, U.S. The logo of BP is seen at a petrol station in …
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UK’s Travis Perkins reports half-year profit rise on price increases
by adminby adminAug 4 (Reuters) – British building materials supplier Travis Perkins (TPK.L) reported a 6.3% rise in half-year adjusted operating profit on Tuesday, buoyed by price increases and cost-saving measures and said it …
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South African rand steady with US job data and Iran in focus
by adminby adminJOHANNESBURG, Aug 4 (Reuters) – The South African rand was steady in early trade on Tuesday as investors weighed conflicting signals over potential U.S.-Iran talks and looked ahead to key …
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Rabobank to spend €2 billion in AI and tech as net profit stagnates
by adminby adminAug 4 (Reuters) – Dutch bank Rabobank said it would invest €2 billion ($2.30 billion) over the next three years in data, tech and AI, as banks around the world …
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UK’s Domino’s Pizza logs higher interim profit helped by soccer
by adminby adminAug 4 (Reuters) – Domino’s Pizza Group (DOM.L) reported a 3.6% rise in half-yearly underlying core profit on Tuesday, helped by solid demand for its popular pizzas during the soccer world cup. …