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UniCredit Hikes Payout Goal By 40% After Record Rofit 0
- Economy
- January 31, 2023
UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit, as CEO Andrea Orcel works to meet his ambitious payout plans. Orcel, who has focused UniCredit on capital light businesses to maximise returns since taking over in April 2021, expressed confidence
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Ukraine’s Economy Stabilizes After Shock of War 0
- Uncategorized
- February 27, 2023
When Russia invaded Ukraine a year ago, the shelves of the Novus supermarket chain in Kyiv quickly emptied as its supply chains – domestic and overseas – collapsed. Fresh produce became scarce and panic buying spread. Oleksiy Panasenko, deputy director general for operations at the popular outlet, recalls how the business reeled before Novus, like
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UBS has No Desire to Buy Credit Suisse, Chairman Tells Newspaper 0
- Economy
- January 14, 2023
UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former Morgan Stanley (NYSE:MS) president said he was focused on organic growth rather than acquisitions and expanding its business in the United States as he ruled out any move to buy
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U.K. Unemployment Rose Less Than Feared in December 0
- Economy
- January 17, 2023
The U.K. labor market stayed stronger than expected in December, with the number of benefit claimants rising only moderately. At the same time, wage growth in November, the last month for which data are available, grew more strongly than expected, rising 6.4% on the year, according to the Office for National Statistics. The figures add
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TVS Motor Delivers Strong Q1 FY25 Results 0
- Business
- August 6, 2024
TVS Motor Company, a leading two-wheeler and three-wheeler manufacturer, announced its financial results for the first quarter ended June 30, 2024, showcasing robust performance across key metrics. Key Highlights Factors Driving Growth Several factors contributed to TVS Motor’s strong performance in Q1 FY25: The Indian two-wheeler industry is expected to maintain its growth trajectory in
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TURBULENCE IN THE BOND MARKET: WHAT DOES IT MEAN FOR INVESTORS?0
- Stock Market
- October 29, 2022
Risk-reward is looking favourable for investors as absolute yields have risen considerably over the past six months and now give a reasonable safety cushion to absorb mark to market volatility Year 2022 is proving to be yet another year dominated by unprecedented events causing heightened volatility across global financial markets. While the year started on
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