News

Deutsche Bank's Positive Outlook for Shareholder Returns

Deutsche Bank is confident in its ability to increase returns to shareholders and reduce risk-weighted assets. CEO Christian Sewing plans to strengthen capital...

Royal KPN Reports Impressive Rise in Q3 Net Profit

Royal KPN has announced a 6.2% increase in Q3 net profit, surpassing market expectations and reaffirming its full-year guidance.

Dow Inc. Reports Third-Quarter Results

Dow Inc. announces third-quarter financial results, exceeding expectations despite decline in profit and sales. The company showcases resilience in a challengin...

Gattaca Reports Pretax Profit in Fiscal 2023

U.K. engineering-and-technology recruitment company, Gattaca, reports a pretax profit of £2.8M for fiscal year 2023. Revenue decreased but cost management and p...

UK Jobless Rate Unchanged, Pressuring the Bank of England

UK's unemployment rate remains at 4.2%, putting pressure on the Bank of England as workers push for higher wages. Average weekly earnings decline by 7.8% compar...

DSV Announces $10 Billion Logistics Joint Venture with Neom

Danish logistics company DSV has formed a $10 billion joint venture with Neom in Saudi Arabia to provide comprehensive logistics services. The partnership aims...

Petroleum Futures Down Amidst Lack of Developments in Israel's War with Hamas

Petroleum futures decline as trading volumes remain light amidst lack of major developments in Israel's war with Hamas. Prices for WTI and Brent Crude drop, whi...

Aecon Group Receives $109.3 Million Investment for 27.5% Stake

Shares of Aecon Group surge as subsidiary secures $109.3 million investment, enabling growth goals in both Canada and the U.S.

U.S. Stock Futures Signal Cautious Start as 10-Year Treasury Yield Hits 5%

U.S. stock futures indicate a cautious start as investors wait for earnings from big tech companies and worry about rising Treasury yields. Technical factors ca...

U.K. Banks Prepare for Challenging Third Quarter

The third-quarter earnings for U.K. banks are expected to reflect the tough operating environment due to high interest rates. This article discusses the impact...