NEW YORK, Oct 17 Reuters Blackstone beat Wall Street39;s expectations on its key quarterly earnings metric on Thursday, as the world39;s largest alternative investment firm39;s assets under management AUM hit a record 1.1 trillion and the value of its funds rose. New Yorkbased Blackstone said it saw 41 billion of inflows during the third quarter, while […]

Expects Q4 revenue of 26.1 bln26.9 bln Sees 2024 capex at slightly higher than 30 bln Q3 profit is a record T325.3 bln market forecast T300.2 bln Q3 revenue jumps, beats market expectations Share price has soared on strong AIrelated demand TAIPEI, Oct 17 Reuters TSMC, the world39;s largest contract chipmaker, bet on sustaining its […]

Oct 17 Reuters India39;s Tata Communications reported an 18 growth in its secondquarter revenue on Thursday, helped by steady demand for its digital services. The firm posted revenue of 57.67 billion rupees 686 million for the three months ended Sept. 30, as compared to 48.73 billion rupees a year earlier. Tata Communications provides services such as […]

Oct 17 Reuters Cashstrapped electric vehicle maker Lucid said on Thursday a public offering of more than 262 million shares would likely fetch it 1.67 billion in proceeds. The stock sale news as well as the company39;s latest warning of a biggerthanexpected loss for the third quarter sent shares of the luxury electricsedan maker down more […]

ZURICH, Oct 17 Reuters Swiss engineering group ABB on Thursday reported betterthanexpected operating profit for its third quarter after strength in its electrification unit, helping it to slightly raise its profitability outlook for the year. The maker of factory robots and fast electric chargers for cars and buses increased its operational core profit to 1.55 billion, […]

LONDON, Oct 17 Reuters Nestle announced it is revamping senior leadership and its operating structure, cut its fullyear sales outlook and reported worsethanexpected ninemonth organic sales growth, after failing to raise volumes amid continued price hikes. The Swiss company said on Thursday it expects 2024 organic sales growth to be around 2 and an underlying trading […]