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Read the latest about the future of TikTok as speculation mounts on who will buy the app, including Microsoft, Elon Musk, Oracle, and more.
Published on: January 29, 2025, 10:01 AM UTC
Maruti Suzuki, India's largest carmaker, reported lower-than-expected quarterly profit due to higher raw material prices. Revenue climbed 16%, but total costs surged 16%. Maruti Suzuki aims to capture a larger share of the electric vehicle market with plans to roll out five EVs by 2030.
Published on: January 29, 2025, 10:00 AM UTC
TikTok to Invest $3.76 Billion in Thailand Data Hosting Service
Published on: January 29, 2025, 10:00 AM UTC
Diageo faces pressure to revise its medium-term sales targets as investors question their achievability amidst industry-wide sales declines. With interim results on February 4th, Finance Chief Nik Jhangiani is expected to address the situation and consider lowering the 5-7% annual growth goal.
Published on: January 29, 2025, 09:03 AM UTC
Starbucks reports Q1 2025 earnings, misses revenue but beats EPS estimates. Despite ongoing sales declines, the company remains optimistic about its turnaround plan, which includes a focus on core coffee products, better pricing, and faster service.
Published on: January 29, 2025, 09:01 AM UTC
Maruti Suzuki quarterly profit missed estimates due to higher raw material prices. Net income rose 13% to $408 million, revenue climbed 16% to $5.6 billion, but costs surged 16%.
Published on: January 29, 2025, 09:01 AM UTC
Norway's $1.8 trillion sovereign wealth fund returned 13% in 2024, but missed its self-imposed target for the second year in a row.
Published on: January 29, 2025, 09:00 AM UTC
Diploma is a high-performing FTSE 100 stock with further room to grow due to its undervalued shares, exposure to fast-growing economies, and strong market position.
Published on: January 29, 2025, 08:02 AM UTC
Sony Group Corp. appoints CFO Hiroki Totoki as CEO, underscoring the company's focus on expanding its entertainment offerings, including games, anime, music, and movies.
Published on: January 29, 2025, 08:01 AM UTC
Starbucks reports mixed first-quarter results, with revenue flat and earnings per share beating estimates. Same-store sales and foot traffic decline, but the company sees progress in its turnaround plan, which includes a focus on core products, better pricing, and faster service. Despite challenges in China, Starbucks plans to improve mobile orders and reduce beverage and food offerings on the menu.
Published on: January 29, 2025, 08:01 AM UTC