Alphabet shares in Frankfurt rise 1.8% after results
LONDON (Reuters) – Shares of Google parent Alphabet (ETR:ABECG) rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were “paying off” as its earnings and revenue came in ahead of analyst’s expectations. Its U.S….
Gazprom subsidiary files $880 million claim against Linde
(Reuters) – A subsidiary of Russia’s gas major Gazprom (MCX:GAZP) has filed a claim for 85.7 billion roubles ($879 million) against global industrial gases and engineering company Linde (NYSE:LIN) and its subsidiaries, court documents showed on Wednesday. The Gazprom subsidiary,…
UBS posts robust third-quarter profit, almost double forecasts
By Dave Graham ZURICH (Reuters) -UBS Group posted third-quarter profit that was almost double expectations, reducing costs and boosting revenues and said it had completed the first wave of client migrations from Credit Suisse since acquiring its old rival last…
Volkswagen third-quarter profit slumps as major overhaul looms
By Andrey Sychev (Reuters) -Volkswagen said on Wednesday its third-quarter operating profit plunged 42% as weak performance in the core passenger car unit and high costs, including for model revamps, hit the automaker. After nine months, the operating return on…
Column-S&P 500 counts on final ‘Mag 7’ push for best year this century: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – With just over two months left in 2024, the S&P 500 is poised to post its biggest annual gain this century. Whether it achieves this remarkable feat will likely be determined in the…
Japan’s Shionogi says Phase 3 study showed COVID pill reduces transmission
TOKYO (Reuters) – Japan’s Shionogi & Co said on Tuesday a global, late-stage study showed its pill-based treatment for COVID-19 was effective in reducing transmission of the disease. Ensitrelvir, known commercially as Xocova, showed a statistically significant reduction in participants…