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CartierOwner Richemonts Sales Dip on China Downturn, Jewellery Shines

November 8, 2024
Business
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ZURICH, Nov 8 Reuters Cartier jewellery owner Richemont reported a dip in quarterly sales on Friday, as the luxury goods group largely offset tougher conditions in China with growth elsewhere. The owner of Swiss watchmakers including IWC, JaegerLeCoultre and Piaget said sales fell by 1 at constant exchange rates to 4.81 billion euros 5.19 billion, slightly […]

November 8, 2024
Business
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Nov 8 Reuters State Bank of India, the country39;s largest lender, reported a rise in secondquarter profit on Friday, helped by healthy core lending income. The staterun lender39;s net profit rose 28 to 183.31 billion rupees 2.17 billion compared with 143.3 billion rupees a year ago. That exceeded analysts39; expectation of 161.89 billion rupees, as […]

November 8, 2024
Business
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LISBON, Nov 8 Reuters Portugal39;s government plans to resume the sale of flag carrier TAP in 2025, the country39;s infrastructure minister said, after receiving interest from more than a dozen potential buyers. A previous Socialist administration approved the privatisation of at least 51 of TAP in September 2023, but the sale did not go ahead […]

November 8, 2024
Uncategorized
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TOKYO, Nov 8 Reuters Japanese household spending fell in September for the second straight month, government data showed on Friday, as higher prices choked consumers39; appetite in a discouraging sign for the central bank39;s plans to hike rates further. Consumer spending fell 1.1 from the year earlier, against the median market forecast for a 2.1 […]

November 8, 2024
Uncategorized
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LONDON, Nov 8 Reuters Britain39;s labour market showed further signs of cooling last month, according to a survey that showed the weakest wage growth since early 2021, and tax increases in last week39;s budget might further hit hiring. The Recruitment and Employment ConfederationKPMG said its gauge of starting pay for permanent roles slowed to 52.5 […]

November 8, 2024
Finance
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Nov 8 Reuters Japanese investors aggressively divested their foreign asset holdings in the week to Nov. 2 on caution ahead of the U.S. presidential election, while the recent downtrend in the yen also prompted them to lock in profits. According to Ministry of Finance data, Japanese investors withdrew a robust 4.46 trillion yen 29.22 billion […]

November 8, 2024
Finance
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INGAPORE, Nov 8 Reuters The U.S. dollar was back on the front foot on Friday and looking to end a volatile week with a slight gain, as markets weighed the impact of Donald Trump39;s return to the White House and what that means for the U.S. economy and its interest rate outlook. Before the Asian day is […]

November 8, 2024
Finance
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Institutional subscription at 131 Retail portion subscribed 97 Analysts see muted listing gains next week Nov 8 Reuters Food and grocery delivery firm Swiggy39;s 1.4 billion initial public offering was fully subscribed on Friday, as institutional investors rushed in with orders on the final day of India39;s secondlargest share sale this year. The portion reserved for […]

November 8, 2024
Finance
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The US economy heading for a potentially “turbulent landing” may spell trouble for junk bonds, according to Colleen Cunniffe, head of global taxable credit research at Vanguard.

November 8, 2024
Business
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Nov 7 Reuters Canada39;s Barrick Gold missed Wall Street estimates for thirdquarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold Mines fell to 385,000 ounces in the JulySeptember quarter, compared with 401,000 ounces in the preceding three months, the company reported in October. […]

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CartierOwner Richemonts Sales Dip on China Downturn, Jewellery Shines

State Bank of Indias Q2 Profit Rises on Healthy Core Lending Income

Portugal Targets 2025 TAP Sale as more than 12 Potential Buyers Show Interest

Japan Household Spending Falls for 2nd mth in Test for BOJ Policy

UK Starting Pay Cools again, Survey Shows

Japanese Investors Were Big Sellers of Foreign Assets before US Election

USD Set to Cap Wild Week on High; China NPC Meeting in Focus

Swiggys 1.4B India IPO Fully Sold, Big Investors Swoop in

Vanguard Is Cautious on Junk as Economy Gets Turbulent

Barrick Gold Misses Profit Estimates on Higher Costs, Lower Nevada Production

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