Latest Articles
Egypt's Fodico Sees Profits Halve in H1 2026 as Land Dispute Clouds Outlook
Ismailia National Food Industries (Fodico) reported a 46.8% drop in net profit to EGP 30.9 million, while grappling with...
Adidas Shares Plunge 15% as World Cup Marketing Costs Bite — Analysts See an Overreaction
Adidas stock suffered its worst day in years after second-quarter earnings missed forecasts due to spiralling World Cup ...
BBK Proposes 7.5% Interim Dividend After First-Half Profit Rises 10%
Bahrain Kuwait Bank's board has recommended a 7.5 fils per share interim cash dividend for H1 2026, reflecting a 10% pro...
Mahanagar Gas Q1: Shares jump 4% on sequential recovery despite 39% profit drop
MGL's June quarter net profit surged 49% sequentially, driving a 4% stock rally, even as annual profit fell 39.5%. Inves...
Santiago Metro's New Chief Lays Out $1.3bn Expansion, Eyes International Engineering Spin-Off
In his first interview, Metro de Santiago's CEO outlined a plan to add 56 stations by 2032, finance the airport line ent...
L&T Commits ₹5,000 Crore to Build EV Motors and Indigenous Chips, Eyes Indian Data Standard
Larsen & Toubro’s electronics arm is building a fully in-house mobility ecosystem—from semiconductor chips to data centr...
Higgsfield Hires Former Braze Exec Mariam Asmar as First Enterprise Marketing Chief
The AI video startup, targeting $1B in revenue by 2026, turns to an experienced B2B marketer to win enterprise clients a...
ADNOC Drilling H1 profit edges up 1.4%, Q2 dividend set at $263m
Steady earnings growth supported by a 4% revenue increase, while the board approved an interim dividend of 6.025 fils pe...
Persistent Systems' $1.3B Nagarro Bet: AI Tailwind Meets Integration Headwinds
Persistent Systems aims to transform its European footprint with the proposed Nagarro acquisition, but the real test wil...
M&M Q1 Revenue Soars 23% on Strong Auto and Tractor Volumes, Margin Squeeze Drags
Mahindra & Mahindra's June-quarter standalone revenue hit ₹41,920 crore, beating estimates, but EBITDA margin contracted...
BBVA Shares Jump on Profit Beat and €2bn Surprise Buyback
Spanish lender BBVA saw its stock climb nearly 3% after first-half net profit rose 11% to €6.05 billion, topping forecas...
MV Electrosystems IPO Subscribed 1.14x on Day 1, Retail Portion Bids 4.6x; Grey Market Signals 25% Gain
Railway electrical equipment maker’s Rs 290-crore IPO drew strong retail demand, with a grey market premium of Rs 106 hi...
Brother Industries Claims Top Design Award for Multi-Tool Machining Centre
The SPEEDIO U500Xd2-100T, capable of holding 100 tools and enabling extended unmanned runs, secured the Japan Machine To...
Fast-Food Chains Push AI Ordering, But Consumers Overwhelmingly Prefer Humans
New research shows 80% of diners want a human to take their order, even as McDonald’s and Wendy’s accelerate AI drive-th...
ELTON Group Launches Food Blends Unit After N. LEKOS Acquisition, Eyeing Regional Growth
Greek industrial group ELTON has transformed from a chemical distributor into a food ingredient producer with the purcha...
Hexaware Slashes Revenue Outlook, Shares Drop 8%; Margins Held Steady
Hexaware Technologies cut its CY26 revenue growth forecast to 6-7% from at least 7.6%, citing delayed deal ramp-ups and ...
BBVA posts 22.2% ROTE, €2bn buyback and reshapes leadership for AI era
Spanish bank delivers record profitability, with net interest income up 18.8%, a new €2bn share buyback and a management...
Balkrishna Industries Stock Surges 10% as Volume Growth Powers Q1 Revenue Beat
Strong off-highway tyre demand drove a 24% revenue jump and an earnings beat, though margin pressures reflected rising c...
BBVA Books Record €6.05B First‑Half Profit, Launches €2 Billion Buyback
BBVA's net profit climbed 11% to €6.05 billion, ROTE hit 22.2%, and a new share repurchase program signals confidence as...
L'Oreal India growth accelerates in H1 2026, haircare and skincare lead the charge
L'Oreal's Indian business revved up in the first half of 2026, powered by booming haircare and skincare demand and a pla...
Moscow Taxi Fleets Fight to Slash Business Parking Fines from 300,000 to 5,000 Rubles
Moscow taxi fleets are urging the city government to reduce parking fines for legal entities to the level imposed on ind...
Porsche CEO Leiters Lays Out Decade-Long Revival: 9,000 Job Cuts, a Combustion Macan Rival and US Super-SUV
Porsche CEO Leiters unveils a three-phase plan with 9,000 job cuts, a combustion Macan counterpart, and future supercar ...
Ardee Industries IPO opens August 5 at ₹50-53; GMP signals 25% listing pop
The lead recycler seeks ₹425.87 crore, with fresh funds earmarked for working capital and debt reduction. Grey market pr...
Abu Dhabi Islamic Bank Posts 8% Profit Growth in H1 2026 as Financing Income Surges
ADIB’s net profit reached AED 3.76 billion, driven by a 14% jump in financing income and record balance sheet expansion,...
Xtranet Technologies Listing: GMP Hints at 11% Gain; Firm to Deploy Rs 166.8 Cr Fresh Capital
IT solutions firm Xtranet Technologies debuts on BSE and NSE today with an unofficial grey market premium of 11%. Its Rs...
Starbucks Lifts Forecasts Again as Same-Store Sales Surge and Margins Rebound
The coffee chain raised annual sales and profit targets for the second time, citing a 7.9% jump in global same-store sal...
Yatai Group’s Pre-Restructuring Clouds Planned Disposal of Northeast Securities Stake
A court-supervised pre-restructuring filing by distressed conglomerate Yatai Group has thrown into doubt the long-planne...
Drone Hit on Penza Warehouse Injures One, Wildberries Evacuates 200 Staff
A drone strike on a Wildberries logistics centre in Penza left one person hurt and forced the evacuation of around 200 w...
Meta Stock Drops as Investors Challenge Zuckerberg’s AI Spending Blitz
Meta shares fell roughly 7% after missing earnings estimates and offering cautious revenue guidance, revealing deepening...
Meta Free Cash Flow Nears Zero as AI Capex Hits $31.1 Billion; Zuckerberg Teases Cloud Business
Meta's capital spending nearly doubled to $31.1B, eating almost all operating cash and leaving free cash flow at $784M. ...