Artificial Heart Maker Carmat Misses 2023 Revenue Target

PARIS, Jan 15 Reuters French artificial heart maker Carmat reported full year revenue of 2.8 million euros 3 million, missing its target after supply issues disrupted the company39;s production rampup, sending its shares down 6. The company had warned in September that it would miss a target of fullyear sales of between 10 million and 13 million euros […]
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IT Powers Indian Shares to Record Highs for 2nd Straight Session

BENGALURU, Jan 15 Reuters India39;s bluechip indexes hit record highs for a second consecutive session on Monday, led by information technology stocks after betterthanexpected results from HCLTech and Wipro. The NSE Nifty 50 index added 0.93 to 22,097.45 points, while the SP BSE Sensex climbed 1.05 to 73,327.94. The Nifty 50 surpassed the 22,000 level, while the […]
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USD Loses Ground as Fed Cut Bets Rise; JPY Slides after PBOC

SINGAPORE, Jan 15 Reuters The dollar ebbed on Monday as investors revived their bets of early rate cuts by the Federal Reserve, while the yuan fell to a onemonth low after China39;s central bank surprised markets by keeping its mediumterm policy rate steady. The People39;s Bank of China PBOC left interest rates unchanged when rolling over maturing […]
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SafeHaven Gold Gains on Renewed Fed Cut Bets

Spot gold may rise into 2,0712,079 range technicals Market bets for 166 bps of U.S. rate cuts in 2024 Jan 15 Reuters Gold prices rose on Monday, holding above the 2,050 level on safehaven appeal from elevated tensions in the Middle East and on renewed bets for an early rate cut by the U.S. Federal […]
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Key Gulf Markets Gain ahead of Earnings Season

Jan 15 Reuters Most major stock markets in the Gulf edged higher in early trading on Monday ahead of the usual flurry of quarterly and fullyear corporate results, although regional conflict weighed on sentiment. Saudi Arabia39;s benchmark index gained 0.5, on course to snap a fiveday losing streak, led by a 3 rise in Elm Co and […]
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UKs FTSE 100 Slips as Luxury, Bank Stocks Weigh

FTSE 100 down 0.1, FTSE 250 flat Personal goods index lead sectoral declines Crest Nicholson cuts profit view again, shares fall PageGroup down on FY profit forecast cut UK data this week CPI, retail sales, labour market report Jan 15 Reuters The UK39;s benchmark FTSE 100 reversed early gains to fall on Monday, hurt by […]
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