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Slovenia Producer Price Inflation Highest Since July 2023

India, Oct. 21 -- Slovenia's producer price inflation accelerated further in September to the highest level in more than three years, figures from the Statistical Office of the Republic of Slovenia sh... Read More


Elevance Health Q3 Profit Climbs, Lifts FY26 Outlook, Sees Growth In FY27; Shares Up - Update

India, Oct. 21 -- Elevance Health Inc. (ELV) on Wednesday said it has raised fiscal 2026 outlook after reporting higher profit in its third quarter. For fiscal 2026, the company now projects earnings... Read More


Adidas Profit Outlook Boost Lifts DAX Higher

India, Oct. 21 -- Germany's equity benchmark DAX was up firmly in positive territory a little past noon on Wednesday as investors closely followed the political situation in European countries and rep... Read More


Global AI Rebound Lifts Crypto Market Sentiment

India, Oct. 21 -- A renewed positive outlook on the global AI trade triggered by the strong earnings forecast and indications of robust AI demand from majors like SpaceX and Super Micro Computers bols... Read More


Belgian Consumer Confidence Falls To 18-month Low

India, Oct. 21 -- Households in Belgium expressed a more pessimistic attitude in October, and the confidence level weakened to the lowest level in one-and-a-half years, the National Bank of Belgium sa... Read More


Gold Little Changed In Lackluster Trade

India, Oct. 21 -- Gold prices held steady on Wednesday amid reduced expectations of a Federal Reserve rate hike in October and concerns about rising civil unrest in France and Italy. Spot gold was la... Read More


Taiwan Market Regulator Blocks Delivery Hero's $600 Mln Foodpanda Business Sale To Grab Holdings

India, Oct. 21 -- Wednesday, Delivery Hero SE (DELHY.PK) announced that the Taiwan Fair Trade Commission has not issued approval for the sale of the foodpanda business in Taiwan to Grab Holdings Limit... Read More


Packaging Corporation Of America Q3 Profit Rises

India, Oct. 21 -- Packaging Corporation of America (PKG) on Wednesday reported higher net income for the third quarter compared with the same period a year earlier. Net income rose to $262.3 million,... Read More


Meta Hit With Record $25 Bln Fine Over Facebook Data Practices

India, Oct. 21 -- Meta Platforms Inc. (META) has been ordered to pay $25 billion after a New Mexico judge found the company had spent years misleading the public about how Facebook handled and shared ... Read More


Anthropic Faces Cloud Capacity Challenges As AI Spending Soars

India, Oct. 21 -- Anthropic is struggling to secure sufficient cloud computing capacity from major providers, including AWS, Google and Microsoft, as the companies increasingly view the Claude develop... Read More