Japan sells foreign stocks in April amid inflation worries
Japanese investors became net sellers of foreign stocks in April for the first time in four months, as concerns over rising energy costs linked to the Iran war and broader inflation risks weighed on sentiment toward overseas equities. Data released by
Walmart to cut or relocate 1,000 corporate workers: is AI to blame again?
Walmart is cutting or relocating around 1,000 corporate employees as the retail giant consolidates parts of its global technology and artificial intelligence operations in a broader push to streamline decision-making and accelerate its digital transformation. The move, first reported by The
HPCL Q4 profit jumps 46% on strong refining margins
Hindustan Petroleum Corporation Limited reported a sharp rise in profit for the fourth quarter and full financial year 2025-26, supported by stronger refining margins, higher refinery throughput, and steady growth in fuel sales volumes. The state-run oil marketing company announced its
Nebius stock analysis: what next for this CoreWeave rival after earnings?
Nebius stock will be in the spotlight today as the European technology giant publishes its financial results, which are expected to show robust revenue and backlog growth. NBIS was trading at $129 on Tuesday, a few points below the all-time
SoftBank’s OpenAI bet sparks $46 billion Vision Fund profit surge
Japanese technology investor SoftBank Group posted a sharp rise in quarterly profit on Wednesday as surging gains from its investment in OpenAI boosted the performance of its Vision Fund business. The company reported a net profit of 1.9 trillion yen ($12.05
Cipla Q4 profit misses estimates as US market competition weighs
Cipla, India’s third-largest drugmaker by revenue, reported weaker-than-expected fourth-quarter earnings on Wednesday as weak sales and intense competition in its key US market weighed on performance. The company’s consolidated net profit fell 54.6% year-on-year to 5.55 billion rupees ($58 million) for
Energy and banks lift European earnings despite Middle East war concerns
European companies are on track to report their strongest quarterly earnings growth in three years, driven largely by gains in the energy and financial sectors, even as concerns over the prolonged Iran war continue to weigh on the economic outlook