Business

Pernod Ricard’s sales fell in first half, trend improved in second quarter

Thursday, February 19 by SRN News

PARIS, Feb 19 (Reuters) - French spirits maker Pernod Ricard reported a 5% decline in second-quarter like-for-like sales, as weak consumer demand and destocking in the United States and China continued to weigh. The fall, however, in the second quarter was not as bad as... Read More.

Nestle beats Q4 sales expectations, plans ice cream sale as CEO sharpens focus

Thursday, February 19 by SRN News

By Alexander Marrow LONDON, Feb 19 (Reuters) - Nestle reported better than expected fourth-quarter sales growth on Thursday and said it was sharpening its focus to four businesses led by its strongest brands, a drive that includes plans to sell off its remaining ice cream... Read More.

Modi pitches India as global artificial intelligence hub at AI summit

Thursday, February 19 by SRN News

NEW DELHI (AP) - Indian Prime Minister Narendra Modi on Thursday pitched India as a central player in the global artificial intelligence ecosystem, saying the country aims to build technology at home while deploying it worldwide. "Design and develop in India. Deliver to the... Read More.

Asia holidays as US, Iran work to avert conflict

Thursday, February 19 by SRN News

A look at the day ahead in European and global markets from Rae Wee Asian markets were pretty sedate on Thursday with parts of the region still out for the Lunar New Year holiday, though investors remained on edge over whether tension between the U.S.... Read More.

Airbus softens output goal amid Pratt & Whitney engine delays

Thursday, February 19 by SRN News

PARIS, Feb 19 (Reuters) - Airbus softened its main jet production target on Thursday, citing "significant shortages" of engines from one of its main suppliers, RTX unit Pratt & Whitney, as it reported a 17% rise in core fourth-quarter profits. The world's largest planemaker now... Read More.

Asian shares advance, tracking a Wall St rally led by Nvidia

Thursday, February 19 by SRN News

Asian shares were higher Thursday after a rally on Wall Street that was led by computer chip giant Nvidia. U.S. futures edged lower and oil prices rose as media reports said the likelihood was rising of conflict with Iran. U.S. President Donald Trump has... Read More.

Australia’s Wesfarmers shares slide as high living costs temper second-half start

Thursday, February 19 by SRN News

By Sneha Kumar Feb 19 (Reuters) - Shares of Wesfarmers, Australia's biggest non-food retailer, fell by their most in over three months on Thursday after reporting a weaker-than-expected start to the second-half as consumers grappled with persistent high living costs. Shares of the apparel-to-lithium conglomerate... Read More.

Vietjet in $965 million financing deal for purchase of 6 Boeing 737-8 aircraft

Thursday, February 19 by SRN News

HANOI, Feb 19 (Reuters) - Vietnamese budget airline Vietjet has signed a $965 million financing deal with Griffin Global Asset Management for the purchase of 6 Boeing 737-8 aircraft, it said on Thursday. Vietjet said in a statement the agreement marked a significant step in... Read More.

Australia’s Zip misses first-half earnings estimate, shares dive nearly 40%

Thursday, February 19 by SRN News

Feb 19 (Reuters) - Zip Co missed estimates for first-half operating earnings on Thursday, causing shares of the Australian buy-now, pay-later services provider to plunge nearly 40% in their weakest intraday session in more than nine years. The company reported cash operating earnings of... Read More.

Oil prices dip as investors assess trajectory of US-Iran tensions

Thursday, February 19 by SRN News

By Yuka Obayashi TOKYO, Feb 19 (Reuters) - Oil prices eased in early Asia trade on Thursday, following the previous day's 4% jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the... Read More.

Current Weather

Pernod Ricard’s sales fell in first half, trend improved in second quarter

Nestle beats Q4 sales expectations, plans ice cream sale as CEO sharpens focus

Modi pitches India as global artificial intelligence hub at AI summit

Asia holidays as US, Iran work to avert conflict

Airbus softens output goal amid Pratt & Whitney engine delays

Asian shares advance, tracking a Wall St rally led by Nvidia

Australia’s Wesfarmers shares slide as high living costs temper second-half start

Vietjet in $965 million financing deal for purchase of 6 Boeing 737-8 aircraft

Australia’s Zip misses first-half earnings estimate, shares dive nearly 40%

Oil prices dip as investors assess trajectory of US-Iran tensions

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