Zara owner Inditex sees good holiday season after weak third quarter
MADRID (Reuters) -Zara owner Inditex (BME:ITX) said the start of the holiday season had got off to a good start after it reported weaker than expected quarterly results as rainy weather hit some key European markets. The company behind Zara…
Lucky Strike maker BAT sees stronger H2 revenue growth in new category, combustibles
(Reuters) -British American Tobacco on Wednesday forecast stronger revenue growth in its new category, which includes vapes and oral nicotine products, and combustibles in the second half of the year, driven by increased investments in the United States. The maker…
Mizuho sees strong FY25 for data centers; Digital Realty, Equinix get PT boost
Investing.com– Mizuho (NYSE:MFG) Securities remains optimistic about the data center sector heading into fiscal 2025, raising price targets for Digital Realty Trust Inc (NYSE:DLR) and Equinix Inc (NASDAQ:EQIX) due to strong demand from cloud and AI investments. However, Mizuho maintains…
Japan stocks higher at close of trade; Nikkei 225 up 0.07%
Investing.com – Japan stocks were higher after the close on Wednesday, as gains in the Precision Instruments, Steel and Electrical/Machinery sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.07%. The best performers of the session…
Australia Treasurer to consult with counterpart on makeup of new RBA boards
SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Tuesday he would consult with his opposition counterpart Angus Taylor on the makeup of new Reserve Bank of Australia boards, to take effect after the central bank’s next policy meeting in…
Analysis-China ready to go deeper into debt to counter Trump’s tariffs
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – In one of their most dovish statements in more than a decade, Chinese leaders signalled on Monday they are ready to deploy whatever stimulus is needed to counter the impact of…