July 30 Reuters Merck Co posted higherthanexpected secondquarter results on Tuesday on strong growth of its blockbuster cancer immunotherapy Keytruda, the world39;s bestselling prescription medicine. New Jerseybased Merck slightly raised its fullyear sales projections, following other big pharmaceutical companies like Roche, Johnson Johnson and Bristol Myers Squibb, which lifted their forecasts when they reported earnings earlier this month. Merck posted a […]

First half profit rises 5, in line with forecasts Bank upgrades 2024 income growth guidance to above 7 Costcutting plan to save 1.5 billion over 3 years HONG KONGLONDON, July 30 Reuters Standard Chartered StanChart on Tuesday announced its largestever share buyback worth 1.5 billion and lifted its earnings outlook for this year, betting on strong […]

LONDON, July 30 Reuters Glencore on Tuesday left its 2024 production guidance unchanged for most metals and lifted coal to reflect the acquisition of Teck39;s steelmaking coal unit, saying it will announce whether it will separate its coal assets at its halfyear financial results next week. The miner and trader this month completed a deal to buy the […]

Q2 net profit rises 61 to 184 mln euros vs forecasts of 191 mln Q2 NII up 19.6 yy but falls 1.8 qq on higher deposit costs Ups 2024 NII growth guidance to close to 10 from lowsingle Performing loan books declines 5.9 Shares down 4 following a 50 rise in the year MADRID, July […]

July 29 Reuters Microsoft investors will have one big question when the tech giant reports earnings on Tuesday has growth in its Azure cloudcomputing business picked up enough to justify the billions of dollars being spent on artificial intelligence infrastructure? Widely seen as the frontrunner in the race to make money from AI, thanks to its […]

South Korea to provide lowinterest loans, loan extensions TMON and WeMakePrice filed for rehabilitation Yonhap Qoo10 to secure emergency funds, founder pledges own assets Missed payments have grown to around 152 mln, govt estimates SEOUL, July 29 Reuters South Korea will provide 400 million in financial support to small businesses hit by payment delays on […]

July 29Reuters Pfizer39;s, GSK39;s and Moderna39;s competition for arms for their new respiratory syncytial virus RSV vaccines is on Wall Street39;s watch list for when the companies report earnings later this week. Investors and analysts said they are hoping for details on company negotiations with pharmacies for shelf space and the tactics they will use to gain […]