Month: July 2024
Modi’s government pledges fiscal prudence in India’s post-election budget
Nirmala Sitharaman, India’s finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024. Bloomberg | Bloomberg | Getty Images India’s government on Tuesday promised spending on job creation but also called for fiscal prudence as it announced its financial budget — the first since nationwide […]
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UPS shares slide on earnings miss, guidance cut
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty Images United Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below expectations and cut its 2024 revenue guidance. The company’s shares were down 9% in […]
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Andy Murray to retire as he says Paris Olympics his ‘last ever tennis tournament’
LONDON, ENGLAND – JULY 04: Andy Murray of Great Britain reacts as he plays with Jamie Murray of Great Britain against Rinky Hijikata and John Peers of Australia in the Gentlemen’s Doubles first round match during day four of The Championships Wimbledon 2024 at All England Lawn Tennis and Croquet Club on July 04, 2024 […]
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Scientists discover ‘dark oxygen’ being produced by seabed metals in ground-breaking study
A team of international scientists has found that oxygen is being produced in complete darkness approximately 4,000 meters below the ocean’s surface. Chaluk | Istock | Getty Images An international team of scientists has discovered that oxygen is being produced by potato-shaped metallic nodules thousands of feet below the surface of the Pacific Ocean. The […]
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Coca-Cola tops earnings estimates, hikes full-year outlook as global demand rises
Coca-Cola beverages are offered for sale in Chicago on April 30, 2024. Scott Olson | Getty Images Coca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter. For 2024, Coke now expects organic revenue growth of 9% to 10%, up from its prior forecast of 8% to […]
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Porsche shares fall 4% after automaker cuts 2024 outlook on aluminium alloy shortage
The Porsche logo, the German automobile manufacturer specialising in high-performance luxury sports cars, SUVs, and sedans, headquartered in Stuttgart and part of the Volkswagen group, captured in their Porsche Zentrum Zrich shop, their main center in the biggest Swiss city, in Zrich on November 13, 2023, in Zrich, Switzerland. Joan Cros | Nurphoto | Getty […]
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Palestinian rivals Hamas and Fatah sign reconciliation agreement in China
Rival Palestinian factions Hamas and Fatah agreed to end their long-standing enmity and work to form a national unity government following talks held in China, Chinese state media reported Tuesday. “On the morning of July 23, the closing ceremony of the reconciliation dialogue among Palestinian factions was held in Beijing. Representatives of Palestinian factions signed […]
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Comcast reports earnings before the bell
A Comcast service van in Miami. Getty Images Comcast reports second-quarter earnings before the bell on Tuesday, and Wall Street will be paying close attention to subscriber growth — for both the broadband and streaming businesses. Here is how Comcast is expected to perform, according to estimates from analysts surveyed by LSEG: Earnings per share: $1.12 […]
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Delivery Hero, Glovo targeted in EU cartel investigation
BERLIN, GERMANY – SEPTEMBER 04: The Delivery Hero office photographed on September 04, 2020 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images) Jeremy Moeller | Getty Images Entertainment | Getty Images BRUSSELS – EU antitrust regulators on Tuesday launched an investigation into German online food takeaway firm Delivery hero and its Spanish unit Glovo on […]
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European officials get excited about Kamala Harris — but are still hedging their bets
US Vice President Kamala Harris seen attending the 2024 Munich Security Conference on February 16, 2024 in Munich, Germany. Johannes Simon | Getty Images There’s a renewed sense of excitement among European officials as U.S. Vice President Kamala Harris becomes the frontrunner for the Democratic nomination ahead of the all-important election this fall. The U.S. […]
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