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Indian equities came under renewed pressure after HSBC downgraded its stance on the market to underweight, warning that a surge in oil prices linked to the Middle East conflict could derail the country’s earnings recovery and dampen investor sentiment. The downgrade,

Shares of Man Group declined on Thursday after the hedge fund disclosed that a client withdrew $6.1 billion from one of its strategies in the first quarter. The outflow contributed to stagnation in the firm’s total assets under management during the

Nestle reported better-than-expected first-quarter sales growth on Thursday, supported by increased demand for its coffee and pet food products. The world’s largest packaged food company saw stronger volumes and stable pricing contribute to the performance. Organic sales, which exclude the impact

Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a €27 million ($32 million) funding round. The company aims to launch thousands of satellites and position itself as Europe’s largest satellite operator. The Series A

SK Hynix’s record first-quarter profit failed to deliver a bigger lift to the stock on Thursday, as investors weighed whether the AI-driven memory boom can keep running at the same pace. The South Korean chipmaker posted an operating profit of 37.6

“Magnificent Seven” stocks are in focus as we approach a pivotal week for the US stock market, with five of them (MSFT, AMZN, AAPL, META, and GOOGL) slated to report their Q1 earnings. These mega-cap names will offer valuable insights not