Roche Q3 sales advance by forex-adj 9%, beating market view
By Ludwig Burger FRANKFURT (Reuters) -Roche’s third-quarter sales gained a currency-adjusted 9%, beating market expectations, on higher prescriptions of once-monthly haemophilia shot Hemlibra and recently launched eye drug Vabysmo. Group sales of 15.14 billion Swiss francs ($17.46 billion) surpassed an…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.13%
Investing.com – Australia stocks were higher after the close on Wednesday, as gains in the Consumer Staples, Gold and Consumer Discretionary sectors led shares higher. At the close in Sydney, the S&P/ASX 200 added 0.13%. The best performers of the…
HSBC merges commercial and investment banking units, names first female CFO
By Selena Li, Lawrence White and Sinead Cruise HONG KONG/LONDON (Reuters) -HSBC Holdings said on Tuesday it would combine its commercial and investment banking operations in a major overhaul under new CEO Georges Elhedery that has also seen key senior…
Holiday Inn owner IHG’s room revenue grows 1.5% on firm European summer demand
(Reuters) -Holiday Inn owner InterContinental Hotels Group posted third-quarter room revenue growth of 1.5% on Tuesday, as summer demand in Europe offset a subdued U.S. market and dogged weakness in China. Growth in revenue per available room (RevPAR) – a…
Taiwan stocks higher at close of trade; Taiwan Weighted up 0.24%
Investing.com – Taiwan stocks were higher after the close on Tuesday, as gains in the Glass, Transport and Optoelectronic sectors led shares higher. At the close in Taiwan, the Taiwan Weighted gained 0.24% to hit a new 3-months high. The…
Westpac flags $82 million hit to FY24 net profit from notable items
(Reuters) – Westpac Banking (NYSE:WBK) Corp, Australia’s third-largest lender by market value, said on Tuesday its 2024 net profit would take a A$123 million ($82.26 million) hit due to impacts from certain notable items. The bank attributed the hit to…