Latest Updates Around The World
Morgan Stanley, Goldman Sachs, Societe Generale and Abu Dhabi Investment Authority, among others, jointly bought a 1.92 per cent stake in Ather Energy from the National Investment And Infrastructure Fund for nearly ₹521 crore through open market transactions on Wednesday. ICICI Prudential Mutual Fund (MF), Tata MF, Invesco MF, Motilal Oswal MF, Aditya Birla Sun […]
Based on the result, the retailer behind the Garage and Dynamite banners now expects comparable sales growth for the 2025 financial year to be between 26.5% and 27.0%. The new guidance for the year ending January 31, compared with previous expectations, was between 25.5% and 27.5%. Groupe Dynamite also raised the lower end of its […]
Canopy Growth CEO Luc Mongeau says MTL’s growing expertise, combined with his company’s scale, positions the company to improve product quality, expand offerings and accelerate the path to profitable growth. Under the terms of the agreement, MTL shareholders will receive 0.32 of a share of Canopy Growth common stock and 14.4 cents in cash for […]
An exclusive new study led by Boston Advisory Group of duPont REGISTRY group projects that the U.S. luxury and exotic auto sector will grow from approximately $110 billion today to as much as $215 billion by 2035, underscoring the category’s increasing influence within an increasingly interconnected luxury lifestyle ecosystem. According to the report, the overall […]
Sales totaled $9.80 billion, compared to $8.53 billion in the same quarter last year. The bank’s provision for credit losses for the quarter was $1.11 billion, compared with $1.03 billion a year ago. On an adjusted basis, Scotiabank says it earned $1.93 per diluted share in the latest quarter, compared to an adjusted profit of […]
A judge in Mali ordered in June that Barrick’s Loulo-Gounkoto gold complex be placed under provisional administration for six months. Under the deal announced Monday, Barrick says all charges against the company, its subsidiaries and employees will be dropped and steps will be taken for the release of the four detained Barrick employees. It also […]
The results announced late Wednesday were indicative of the frenzied spending on AI technology that has fueled both the stock market and much of the economy as a whole since OpenAI released its ChatGPT three years ago. Nvidia has been by far the biggest beneficiary of the run-up, as its processors have become essential for […]
Sales totaled $4.15 billion, up from $3.37 billion. On an adjusted basis, Barrick says it earned 58 cents per share in the latest quarter, compared with adjusted earnings of 30 cents per share a year ago. Gold production in the quarter totaled 829,000 ounces, compared to 943,000 ounces a year ago, while the company’s realized […]
The Montreal-based airline said operating revenue during the quarter came to $5.77 billion, down about 5% from $6.1 billion in the third quarter last year. The results for the three-month period ending September 30 include the three-day work stoppage of more than 10,000 flight attendants in August, which halted operations and caused more than 3,000 […]
Under the transaction, Northern Superior shareholders will receive 0.0991 Iamgold shares and 19 cents in cash for each share of Northern Superior common stock. The offer implies an aggregate value of $2.05 per Northern Superior share, based on the closing price of Iamgold shares on the Toronto Stock Exchange on October 17. The transaction also […]
