News & Analytic Centre

Forecasts 60 mln stg in costs after budget Sales up 5.9 in first 14 weeks of fiscal year Chairman confident of reasonable outcome for year Nov 6 Reuters Pub group J D Wetherspoon said on Wednesday that measures in Britain39;s recent budget would increase its taxes and business costs by 60 million pounds 77.12 million for […]

IPO subscribed 12 at end of day 1 3day share sale ends Nov. 8 Retail portion subscribed 54 Nov 6 Reuters Food and grocery delivery firm Swiggy39;s 1.4 billion IPO was 12 subscribed after its first day of bidding, with retail investors placing orders for more than half the shares reserved for them in India39;s secondlargest […]

Nov 6 Reuters U.S. energy firm Sempra missed Wall Street estimates for thirdquarter profit on Wednesday, hurt by higher interest expenses and lower earnings from its utility businesses in Texas and California. Utilities are ramping up investments in their projects amid booming demand from data centers to power the artificialintelligence wave, but elevated interest rates in […]

Nov 6 Reuters Shares of Super Micro Computer tumbled more than 24 to hit a near 18month low on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor worries about the AIserver maker. The company39;s auditor Ernst Young unexpectedly stepped down last week after earlier highlighting some concerns over financial reporting. […]

Nov 6 Reuters Italian luxury sports car maker Lamborghini posted on Wednesday ninemonths revenue that was up by 20 to 2.43 billion euros 2.60 billion, driven by a solid order backlog and high demand for all models. The firm delivered 8,411 cars in the first nine months of 2024, an 8.6 increase compared to same […]

TOKYO, Nov 6 Reuters Japanese trading house Itochu on Wednesday posted 438.4 billion yen 2.9 billion in net profit for the six months to endSeptember, up 6 from a year earlier, on nonresource items including food and the FamilyMart convenience store chain. Itochu kept its net profit forecast for the fiscal year unchanged at 880 […]

Nov 6 Reuters Tesla shares surged 12 in premarket trading on Wednesday as Republican Donald Trump claimed victory in the U.S. presidential race against Democratic Vice President Kamala Harris. The electricvehicle maker39;s billionaire CEO, Elon Musk, has been an outspoken Trump supporter this year and has endorsed the former president throughout the electoral campaign. Musk has also promoted […]