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U.S. Stock Futures Rebound Ahead of Q2 End
Investors breathed a sigh of relief on Tuesday after several difficult sessions as the June quarter end looms. Bulls are looking to re-take ...
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Central Bank Raises Interest Rates
In efforts to tame inflation pressures, the Central Bank of Kenya raised its key interest rate to 10.50% from 9.50% on Monday. The ...
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The Power of Organized Labor: A Nuanced Picture
As the Hollywood writers’ strike continues into its third month, the film industry is feeling the pressure. Countless movies and TV shows have ...
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STM Group Reports Increase in Profit
STM Group, a financial services provider, announced on Tuesday a rise in pretax profit for 2022 due to a significant increase in recurring ...
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Surface Transforms Sees Increase in Sales Despite Production Disruptions
Surface Transforms, a carbon-fiber brake disc maker, announced on Tuesday that although small production disruptions have slowed the ramp-up in output in the ...
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Petrofac’s Order Backlog for H1 2023
Petrofac, the London-listed provider of services to the energy industry, has reported a significant increase of order backlog for H1 2023. The backlog ...
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Wise PLC predicts slowdown in 2024
Wise PLC, the fintech company formerly known as TransferWise, has issued guidance for income and earnings for the year as it reported a ...
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Naspers and Prosus to Remove Cross-Holding Structure
Yesterday, Naspers and Prosus announced their intention to eliminate their cross-holding structure to proceed with a successful share buyback program at the Naspers ...
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Want Want China’s Profits Decline by 20%
By Bingyan Wang Chinese snack and beverage maker, Want Want China, experienced a 20% decrease in profits in the financial year that ended ...