(Reuters) – Renewable energy platform Blueleaf Energy, owned by a Macquarie Asset Management managed fund, will invest $400 million in 1 gigawatt (GW) of solar projects of India’s Jakson Green in the northwestern state of Rajasthan, the companies said on Thursday. The investment will be made in three solar projects, which are expected to be …
(Reuters) -Whirlpool Corp said it would more than halve its stake in its Indian unit to about 20%, sending Whirlpool of India’s shares plunging an exchange-allowed maximum of 20% to a near ten-month low on Thursday. The U.S.-listed home appliance maker, which currently has a 51% stake in the India unit, said it estimates net …
Whirlpool of India’s shares plunge as parent plans to halve stake Read More »
By Andy Bruce (Reuters) – The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines. Economists polled by Reuters unanimously expect the BoE to cut its benchmark rate to 4.5%, from 4.75%, on Feb. 6, …
Bank of England readies rate cut and could hint at more to come Read More »
ZURICH (Reuters) – ABB on Thursday announced planned changes to its board of directors, with Lars Foerberg, the managing partner of activist investor Cevian Capital, standing down. The engineering company also proposed Claudia Nemat, a member of Deutsche Telekom’s management board since 2011, as a new board member to be decided at its annual general …
ABB announces changes to board, Cevian representative to stand down Read More »
By Stephen Nellis and Deborah Mary Sophia (Reuters) -Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in after-hours trading as investors worry about big spending, elusive artificial intelligence revenue and competition from cheaper AI models from China. Azure results for the fiscal second quarter also fell below …
Microsoft shares slide as cloud forecast, AI spending disappoint Read More »
(Reuters) -Indian carmaker Tata Motors’ shares plummeted about 9% to a 14-month low on Thursday, after its third-quarter results set off growth and margin concerns for its luxury Jaguar Land Rover (JLR) segment. The stock was the top loser on the benchmark Nifty 50 index and the Nifty auto index. Nifty 50 was trading up …
India’s Tata Motors hits 14-month low as Q3 results spark demand concerns for JLR Read More »
CIUDAD DE MÉXICO, 29 ene (Reuters) – Pachuca mantuvo su paso perfecto en el torneo Clausura del fútbol mexicano tras ganar el miércoles 1-0 como visitante a Querétaro con gol del venezolano Salomón Rondón en la cuarta jornada de la competencia. Los “Tuzos” de Pachuca, que tienen un partido pendiente, registran tres triunfos en igual …
Venezolano Rondón da triunfo a Pachuca en torneo mexicano de fútbol Read More »
A look at the day ahead in European and global markets from Kevin Buckland Monetary policy has come sharply back into focus, now that tech shares have regained their composure following the DeepSeek shock at the start of the week. The U.S. Fed, which held rates steady as expected, headlined a series of rate decisions …
Morning Bid: ECB up next after Fed lacks clarity Read More »
(Reuters) – Shares of India’s Bajaj Finance rose as much as 6% to an all-time high on Thursday, a day after the non-bank lender reported a quarterly profit surge because of solid loan growth, which analysts said augurs well for its earnings next year. Bajaj Finance and its holding company Bajaj Finserv, trading higher by …
India’s Bajaj Finance jumps to record as strong Q3 earnings light up growth path Read More »
MADRID, 30 ene (Reuters) – El banco español Caixabank dijo el jueves que su beneficio neto aumentó un 33% en el cuarto trimestre con respecto al mismo periodo de 2023, ya que el aumento de las comisiones compensó la reducción del margen de intereses. La entidad de crédito registró un beneficio neto de 1.540 millones …
El beneficio de Caixabank en el cuarto trimestre sube un 33% interanual Read More »
