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Financial Markets

Releases published in the last 30 days. RSS 0.91 Feed

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It’s a ’Love Story’: Taylor Swift’s Eras Tour to provide nearly £1bn boost to UK economy
It’s a ’Love Story’: Taylor Swift’s Eras Tour to provide nearly £1bn boost to UK economy
5/16/2024 10:34:06 AM
• Swifties attending the Eras Tour in the UK each predicted to splash out £848 on tickets, travel, accommodation, outfits, and other expenses • Spending by Eras Tour ticket-holders is more than 12 times the average cost of a UK night out (£67) • Almost 1.2m fans will catch the  Superstar  when Taylor Swift visits the UK this summer for 15 performances across four cities …
Unlock Financial Freedom with David L Hawkins’ New Book
Unlock Financial Freedom with David L Hawkins’ New Book
5/15/2024 11:00:35 PM
Author and Investment expert David L Hawkins introduces readers to a revolutionary approach to wealth creation in his latest book, “Ask the Mailman: A Simple Plan of High-Yield Stock Investing for Uncommon Wealth.” This comprehensive guide offers a straightforward blueprint for achieving financial success through high-yield stock investing.
Honolulu ranked best US city brand, three Florida cities make the top 10 in new perceptions study
Honolulu ranked best US city brand, three Florida cities make the top 10 in new perceptions study
5/15/2024 10:39:38 AM
• Honolulu named the top American city brand with high scores across travel, work, and sustainability metrics • Florida Man who? Orlando is ranked 2nd overall, with Miami following in 5th  and Tampa in 7th • Texas is revealed as an unsung American business hub: Austin, Dallas-Fort Worth, and Houston claim the top 3 spots for Business & Investment • Best sports …
Travel on Airbnb generated $10B in economic impact across Canada in 2023
Travel on Airbnb generated $10B in economic impact across Canada in 2023
5/15/2024 9:02:32 AM
Key Takeaways • Travel on Airbnb generated more than $10B in economic impact across Canada in 2023 and helped support nearly 110,000 Canadian jobs.
University of New Brunswick Mastercard Cybersecurity Scholarship winners announced
University of New Brunswick Mastercard Cybersecurity Scholarship winners announced
5/14/2024 9:07:22 AM
The University of New Brunswick (UNB) is thrilled to announce the recipients of this year’s prestigious Mastercard Cybersecurity Scholarship: Vaishnavi Shanmugam and Erika Thea Ajes.
Standard Chartered strengthens Transaction Banking global leadership with new hires
Standard Chartered strengthens Transaction Banking global leadership with new hires
5/14/2024 9:03:22 AM
  Standard Chartered announced the appointment of three new additions to its Transaction Banking global leadership team –  Mahesh Kini  as  Global Head of Cash Management,  Mark Troutman  as  Global Head of Transaction Banking Corporate Sales,  Dhiraj Rajan Bajaj  as  Global Head of Transaction Banking Financial Institutions Sales.
Zain Group reports Q1 2024 Revenue of USD 1.5 billion (KD 466 million), net profit of USD 95 million (KD 29.2 million)
Zain Group reports Q1 2024 Revenue of USD 1.5 billion (KD 466 million), net profit of USD 95 million (KD 29.2 million)
5/14/2024 8:50:10 AM
• Chairman, Mr. Osamah Al Furaih: “The Board continues to work closely with executive management to overcome major socio-economic challenges in several key markets” • Vice-Chairman & CEO, Bader Al-Kharafi: “Solid operational performance and revenue growth across key markets; focus on maintaining network services and mitigating operational issues in Sudan” • Compared to …
Blackstone Announces Plans to Commence a Tender Offer for I’rom Group, One of Japan’s Leading Site Management Organizations, a Mission-Critical Function of Clinical Trials
Blackstone Announces Plans to Commence a Tender Offer for I’rom Group, One of Japan’s Leading Site Management Organizations, a Mission-Critical Function of Clinical Trials
5/13/2024 10:41:11 AM
Blackstone (NYSE:BX) announced today that private equity funds and vehicles managed by Blackstone (“Blackstone”) have entered into a definitive agreement with Toyotaka Mori (“Mr.
Barclays responds to Rainforest Action Network, ’Banking on Climate Chaos’ Report
Barclays responds to Rainforest Action Network, ’Banking on Climate Chaos’ Report
5/13/2024 10:17:15 AM
Barclays is financing an energy sector in transition – an activity requiring significant capital.  While doing so, our financed emissions for the Energy and Power sectors have reduced by 44% and 26% respectively, between 2020 and 2023.
Zain KSA reports revenue of SAR 2.5 billion in Q1 2024
Zain KSA reports revenue of SAR 2.5 billion in Q1 2024
5/13/2024 10:15:02 AM
Zain KSA announced the financial results for the first quarter of 2024, with revenue of SAR 2.5 billion, an increase of 4.7% compared to the same period in 2023.
Mattel to Participate in J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference
Mattel to Participate in J.P. Morgan’s 52nd Annual Global Technology, Media and Communications Conference
5/13/2024 10:13:17 AM
Mattel, Inc. (NASDAQ: MAT) announced that Ynon Kreiz, Mattel’s Chairman and Chief Executive Officer, and Anthony DiSilvestro, Mattel’s Chief Financial Officer, will participate in a fireside chat at J.P.
Occidental Announces 1st Quarter 2024 Results
Occidental Announces 1st Quarter 2024 Results
5/10/2024 11:50:23 AM
• Strong operational performance drove operating cash flow of $2.0 billion and cash flow from operations before working capital of $2.4 billion • Capital spending of $1.8 billion and contributions from noncontrolling interest of $57 million resulted in quarterly free cash flow before working capital of $720 million • Total company production of 1,172 Mboed near the …
Progress on share buyback programme 2024
Progress on share buyback programme 2024
5/10/2024 11:27:14 AM
ING announced that, as part of our €2.5 billion share buyback programme announced on 2 May 2024, the company repurchased 7,746,345 shares during the week of 2 May 2024 up to and including 3 May 2024.
Pirelli & C. Spa Board Reviews Consolidated Results to 31 March 2024
Pirelli & C. Spa Board Reviews Consolidated Results to 31 March 2024
5/10/2024 10:52:28 AM
PIRELLI: REVENUES STABLE IN THE QUARTER, ADJUSTED EBIT MARGIN RISES TO 15.5% AND NET PROFIT AT 100.4 MILLION EURO NET CASH FLOW IMPROVES AGAINST FIRST QUARTER 202 3 Revenues: 1,695.5 million euro, substantially stable compared with 1,699.7 million euro in first quarter 2023 (organic variation +4.6% excluding forex effect of -4.8%) - Price/Mix: +2.3% thanks to …
Top brands in China shine amidst the nation’s economic recovery: Brand Finance China 500 2024 Report
Top brands in China shine amidst the nation’s economic recovery: Brand Finance China 500 2024 Report
5/9/2024 9:49:14 AM
• China’s media sector in the spotlight with TikTok leading as the nation’s most valuable brand and WeChat as strongest brand in rankings • Hot Pot of Gold: Haidilao leads China’s restaurants as strongest restaurants brand while Luckin Coffee brews success with largest brand value growth • BYD defends crown as China’s most valuable automobiles brand amidst rising …
While Pricing and Cash Flow Forecasting Remain Top Concerns, New American Express Report Finds 95% of Small Business Owners Surveyed are Happy they Started their Company
While Pricing and Cash Flow Forecasting Remain Top Concerns, New American Express Report Finds 95% of Small Business Owners Surveyed are Happy they Started their Company
5/9/2024 8:03:37 AM
American Express issued its third Amex Trendex: Small Business Edition, which found that even as small business owners surveyed face continued economic uncertainty, their personal drive and long-term aspirations are buoying their optimism.  "Small business owners are concerned about issues like pricing and cash flow forecasting, but they are overwhelmingly happy that they …
Mastercard JV switches first domestic transaction in China
Mastercard JV switches first domestic transaction in China
5/9/2024 7:58:41 AM
Mastercard NetsUnion Information Technology (Beijing) Co., Ltd. (Mastercard NetsUnion) today began processing payments made in China with Mastercard cards issued by the country’s banks.
Airbnb Q1-2024 financial results
Airbnb Q1-2024 financial results
5/9/2024 7:52:52 AM
We issued our first quarter 2024 financial results. You can read the details  here. Airbnb Co-Founder and CEO Brian Chesky said:  “We had our best Q1 ever, with 133 million nights and experiences booked, along with double-digit supply growth across all regions.
First quarter at Evonik better than expected – outlook confirmed
First quarter at Evonik better than expected – outlook confirmed
5/8/2024 10:55:54 AM
• Preliminary figures verified: Adjusted EBITDA rises 28 percent to €522 million in first quarter • Free cash flow at a strong €127 million • Sales volumes up by 4 percent Evonik had a much better start into 2024 than the capital market had expected.
PUMA delivers Q1 results fully in line with expectations
PUMA delivers Q1 results fully in line with expectations
5/8/2024 9:59:04 AM
Key developments Q1 2024 • Currency-adjusted (ca) sales increase by 0.5% to € 2,102 million, reflecting a negative currency impact of approximately € 100 million (-3.9% reported)  • Gross profit margin improves by 100 basis points to 47.5% despite major currency headwinds • Operating expenses (OPEX) decrease by 0.4% to € 845 million • Operating result (EBIT) …