At constant exchange rates, Hermes sales increased by 27% in the first quarterby Madhu Sahu April 14, 2022 0 Hermes (HRMS.PA) surpassed expectations in the first quarter, boosted by robust demand for its luxury accessories, particularly in...
The delisting of depositary receipts could benefit Russian enterprises and global banksby Madhu Sahu April 14, 2022 0 The delisting of depositary receipts could benefit Russian enterprises and global banks. According to two persons familiar with...
Mortgage interest rates in the United States have surpassed 5%, and purchasers are looking to lock in ratesby Madhu Sahu April 14, 2022 0 According to the latest weekly poll from the Mortgage Bankers Association (MBA), the average interest rate on the...
Meta will keep roughly half of the revenue generated by its metaverse producers as a feeby Madhu Sahu April 13, 2022 0 Meta Platforms (FB.O), the parent company of Facebook, will charge artists 47.5 percent on sales of digital goods...
BlackRock is betting on a well-diversified portfolio but warns that fees could suffer as a resultby Madhu Sahu April 13, 2022 0 On Wednesday, BlackRock's (BLK.N)executives told analysts that the firm's diversified business model could help it weather a difficult...
This year, Google will invest $9.5 billion in offices and data centres in the United Statesby Madhu Sahu April 13, 2022 0 This year, Google will invest $9.5 billion in offices and data centres in the United States. Google (GOOGL.O),...
The Australian Competition and Consumer Commission has filed a lawsuit against Honda for making deceptive claims about dealership closuresby Madhu Sahu April 13, 2022 0 The Australian Competition and Consumer Commission (ACCC) took Honda Motor Co's (7267.T) local unit to court on Wednesday,...
Imports from China are being impacted by domestic COVID restrictionsby Madhu Sahu April 13, 2022 0 Imports unexpectedly decreased in March as COVID-19 restrictions across vast regions of the country impeded freight arrivals and...
Honda will invest $64 billion in research and development as it pursues its electric goalsby Madhu Sahu April 12, 2022 0 Honda Motor Co Ltd (7267.T) of Japan announced on Tuesday that it expects to invest $64 billion in...
Since March 2020, Asian bonds have seen the highest monthly foreign outflowby Madhu Sahu April 12, 2022 0 Last month, Asian bonds saw their largest monthly foreign outflow in two years, driven down by a strengthening...