Germany's Merck (MRCG.DE) on Wednesday said its Life Science business, a leading maker of biotech lab supplies and gear, saw core earnings jump more than 43% in the first quarter,…
Category: Business
Gold Price Today: Yellow Metal Touches Rs 48,000; Investors Advised to ‘Go Long’
After a slight dip last week, gold prices increased again on Monday following the global trends. On the Multi-Commodity Exchange (MCX), gold futures were up 0.68% to Rs 48,001 for…
Online sales help supermarket operator Ahold beat expectations
Ahold Delhaize (AD.AS), a major operator of supermarket chains in the United States and Europe, on Wednesday reported better than expected first-quarter sales on the back of a strong performance…
Japan’s Nomura still betting on global expansion to lift profit, despite Archegos hit
Nomura Holdings Inc (8604.T) raised its pretax income target for the next fiscal year by 14%, showing the long-cherished ambitions of Japan's top brokerage and investment bank to join the…
U.S. returns $460 mln in recovered 1MDB funds to Malaysia
Malaysia on Wednesday said the U.S. Department of Justice has returned 1.9 billion ringgit ($460.22 million) of funds recovered from assets related to sovereign fund 1Malaysia Development Berhad (1MDB). Malaysian…
Commerzbank trades its way to surprise Q1 profit as raises outlook
Commerzbank (CBKG.DE) raised its revenue outlook on Wednesday after surprising investors by swinging back to profit in the first quarter, buoyed by strong trading commissions. Shares in Germany's second biggest…
Airbus revives plan for new single-aisle jet plant in Toulouse
Airbus (AIR.PA) has revived plans for a new production line for its A321neo jet in Toulouse, France, as it reshapes production of the medium-haul single-aisle jets that it hopes will…