Europe’s STOXX 600 hits record high on earnings boost; ECB in focus
Pan-European index is at 626.36 by 0945 GMT, with all major regional benchmarks in the black STOXX 600 rose 0.8 per cent to hit a record high on Wednesday (Feb 18) as defence…
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Uber targets US$1 billion boost with 2026 European expansion
The company expects the move to generate an additional US$1 billion in gross bookings over the next three years Uber plans to expand its food-delivery business into seven new…
Goldman, JPMorgan and Bank of America boost banker, trader bonus pools by at least 10%
organ Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the businesses benefited from a banner year in…
GSK profit lifted by HIV, asthma drugs in boost to new CEO
Its adjusted earnings per share rises to 25.5 pence, higher than analysts’ expectations reported better-than-expected profit in the fourth quarter, buoyed by its human…
Uber forecasts profit below estimates as cheaper rides boost trips but hurt margins
Uber Technologies forecast first-quarter profit below market expectations and missed fourth-quarter estimates on Wednesday (Feb 4), as margins took a toll from the company’s…
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand. [MOSCOW/LONDON] Opec+ agreed to keep its oil…
Gold retreats as reports on Trump’s Fed nominee boost dollar
fell, following its first drop in nearly two weeks, as the US dollar strengthened after a report the Trump administration is preparing to nominate Kevin Warsh for Federal…
India’s Bharat Petroleum plans Singapore trading hub to cut costs and boost margins
India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become more flexible in its feedstock procurement…
UOBKH forecasts STI to hit 5,400 by end-2026; bets on EQDP boost, banking giants
The Straits Times Index (STI) may reach 5,400 points by the end of 2026, driven by policy tailwinds and resilient corporate earnings, said UOB Kay Hian (UOBKH). The STI breached the 4,900…
Nike slashes 775 jobs in US to speed up automation, boost profit
is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation.…
Nielsen’s New Ratings Data Could Give Cable a Short-Term Boost
Does Nielsen have the power to bring a halt to the forces that keep shrinking the audience for cable TV? In the long term, no. But a new twist in the company’s estimations of the total…
Silk in diapers? P&G’s unusual plan to boost sales in China
With birth rates down around the world, Procter & Gamble is leaning into premium diapers to bolster sales figures. Specifically, the conglomerate is planning to sell diapers made with silk…
Netflix Tops 325 Million Subscribers, Plans to Boost Content Spending 10% to $20 Billion in 2026
Netflix said it had more than 325 million subscribers worldwide as of the end of 2025 — up from 301.2 million a year prior — as it looks to get even bigger by buying Warner Bros. The…
Why NBC Decided to Stick With the Winter Olympics After the Super Bowl, but Still Plans to Boost ‘The ‘Burbs’ and Other Series
NBC is once again opting not to take advantage of the massive Super Bowl lead-out to promote a new, returning or pre-existing entertainment program. Instead, just like the network did in…
Changi Airport turns to driverless tractors to boost airside productivity
Changi Airport on Tuesday (Jan 20) announced that it has deployed its first fleet of fully autonomous tractors for airside operations following almost a year of trials. The world’s…
Changi Airport turns to driverless tractors to boost tarmac productivity
Changi Airport on Tuesday (Jan 20) announced that it has deployed its first fleet of fully autonomous tractors for tarmac operations following almost a year of trials. The world’s…
OpenAI to test ads in ChatGPT in bid to boost revenue
The move marks a major departure for the company that had so far relied on subscriptions OpenAI said it would start showing ads in ChatGPT to some US users, ramping up efforts to generate…
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances China’s central bank will lower interest rates on its structural monetary policy tools by 0.25…
BHP, Rio Tinto are joining forces to boost iron ore pipeline
Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure BHP Group and Rio Tinto Group,…
Chevron could see US$700 million-a-year boost from Venezuelan oil
Chevron could grow its cash flow by as much as US$700 million a year from increasing oil production in Venezuela as the Trump administration seeks to control the South American country’s…
Western Demand Continues to Boost Boot Barn Sales as Preliminary Q3 Results Exceed Expectations
Boot Barn disclosed late on Friday that its preliminary third quarter results exceeded expectations. Released ahead of its appearance at the ICR Conference on Monday, the Irvine,…
Wall St opens lower; defence firms up as Trump calls for budget boost
Wall Street’s main indexes opened lower on Thursday (Jan 8), as investors turned cautious ahead of Friday’s crucial nonfarm payrolls report, while defence companies advanced after…
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in November, reinforcing bets for Federal Reserve rate…
China to pay interest on digital yuan in bid to boost adoption
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclear CHINA is about to start paying interest on its official digital…