26 May 2017
Updated 20:30
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11/05/2017 08:59

UniCredit doubles Q1 profit as overhaul reaps rewards

foto della notizia

AFP

Italian bank UniCredit said Thursday that its net profit more than doubled in the first quarter as the massive overhaul embarked upon by its new chief executive begins to pay off.

11/05/2017 08:52

Panasonic net profit hit by weak solar products demand

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AFP

Japan's Panasonic said on Thursday that annual net profit and revenue slumped because of slowing demand for household solar energy products and the impact of a stronger yen, but predicted a rebound this year.

08/05/2017 07:31

Asia markets rise on US jobs data, euro dips after Macron rally

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AFP

Asian and European markets mostly rose Monday following a Wall Street rally as dealers cheered a strong US jobs report, but the euro failed to hold on to early gains after Emmanuel Macron beat far-right candidate Marine Le Pen in France's presidential election.

05/05/2017 13:53

IBM tumbles as Buffett discloses he is trimming stake

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AFP

IBM shares tumbled Friday after billionaire investor Warren Buffett revealed he has sold about a third of his stake and «revalued» downward the computing giant.

05/05/2017 07:56

Engie profit slips as hydro output down

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AFP

French energy group Engie said Friday its operating profit slid in the first three months of the year, in part due to a drop in hydroelectric output in France and a nuclear reactor shutdown in Belgium.

05/05/2017 07:09

Syngenta shareholders accept ChemChina offer

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AFP

Shareholders in Swiss pesticide and seed giant Syngenta have accepted the company's takeover by state-owned ChemChina, the companies said Friday, which would be the biggest overseas acquisition by a Chinese firm.

04/05/2017 16:21

Demand for gold plunges after Trump win

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AFP

Global gold demand fell 18 percent in the first quarter from a year earlier as US investors abandoned the precious metal after Donald Trump's election win, industry figures showed Thursday.

02/05/2017 21:12

Global stock markets upbeat after long weekend

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AFP

European markets rose Tuesday following the long weekend on optimism about the French election, while the Nasdaq edged to a fresh record ahead of Apple earnings.

02/05/2017 10:00

BP rebounds into quarterly profit on higher oil prices

foto della notizia

AFP

British oil giant BP rebounded back into net profit in the first quarter, energised by deep cost-cutting and rising crude prices, the group revealed Tuesday.

25/04/2017 19:01

Investors keep Wells Fargo board at contentious meeting

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AFP

The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank's leadership over a fake accounts scandal that severely damaged the company's image.

24/04/2017 22:52

With execs in hot seat, Wells Fargo gets OK for bankruptcy plan

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AFP

Retail banking giant Wells Fargo has fixed problems in its 2015 bankruptcy plan and will now be allowed to open new international branches, US banking regulators said Monday.

22/04/2017 00:45

Fujifilm delays earnings over NZ unit accounting problems

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AFP

Fujifilm is delaying the release of its financial results as it probes accounting irregularities at a New Zealand unit, raising fears Japan Inc is headed for another embarrassing accounting scandal.

22/04/2017 00:40

GE profitable again in Q1; oil business still weak

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AFP

General Electric swung back to profitability in the first quarter Friday as its aviation and power businesses scored strong operating profits growth.

20/04/2017 10:00

Trump era a new challenge for the IMF

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AFP

In its 70-year history, the International Monetary Fund has been no stranger to financial crises and policy disputes but now faces a new challenge: a US administration fundamentally opposed to some of its most important positions.

19/04/2017 06:32

Yahoo earnings beat expectations on cusp of Verizon merger

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AFP

Yahoo on Tuesday reported quarterly earnings that topped expectations as the pioneering internet firm remained on track to be bought by Verizon.

19/04/2017 05:43

Goldman Sachs shares fall as profits up less than expected

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AFP

Goldman Sachs reported sharply higher first-quarter profits Tuesday, but they lagged analysts' expectations following a sluggish performance in trading, in contrast with other large banks that saw trading boom.

18/04/2017 06:21

United reports solid profits, vows better customer treatment

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AFP

United Continental reported sharply lower first-quarter earnings Monday but they still bested analyst expectations, and the airline vowed to remake its customer service after its rough treatment of a passenger stoked global outrage.

09/04/2017 11:42

More annual shareholder meetings go virtual in US

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AFP

Big US corporations have identified a new strategy for managing irate investors at annual shareholder meetings: Going virtual.

17/01/2017 09:24

In playing Madoff, De Niro finds fraudster «beyond» comprehension

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AFP

Robert De Niro may play the role of Bernie Madoff, the man behind the biggest stock-market fraud in history in HBO's «The Wizard of Lies,» but that doesn't mean he understands him.

31/12/2016 09:26

US stocks end 2016 on weak note as tech stocks hit

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AFP

Wall Street stocks finished a torrid year on a tepid note, with Apple and other large technology companies leading the market lower following a sluggish session Friday.

18/12/2016 07:46

Trump stock rally mostly benefiting the best-off

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AFP

As the Dow nears 20,000 amid a Trump rally, longtime financial insiders see a difference compared with prior Wall Street landmarks: very little interest from the general public.

17/12/2016 02:35

Conte says Chinese financial muscle a threat

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AFP

The new-found spending power of Chinese clubs is a danger to teams all over the world, even the Premier League, Chelsea manager Antonio Conte warned on Friday.

11/12/2016 06:07

Fed to raise rates as Trump economy looms

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AFP

There is little room for doubt that the US Federal Reserve will raise the benchmark interest rate in the coming week for only the second time in a decade.

05/11/2016 21:53

Oracle seals $9.3 bn NetSuite acquisition

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AFP

US software giant Oracle said Saturday that it has sealed its $9.3 billion acquisition of cloud computing company NetSuite.

27/10/2016 09:55

Samsung scion joins board as profits tank on Note 7

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AFP

Samsung heir apparent Lee Jae-Yong took a major step towards control of the family-run conglomerate on Thursday, joining the board as the company reported a 30 percent profit dive following a highly damaging recall crisis.

27/10/2016 09:29

Groupon buys rival LivingSocial after reporting loss

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AFP

The daily deals ecommerce operator Groupon will buy its rival LivingSocial for an undisclosed amount, the companies announced. Both are pioneers of their once-hot sector -- offering daily deals via email -- but have been struggling for several years.

22/10/2016 22:37

AT&T agrees to buy Time Warner in over $80 bn deal: banking source

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AFP

Telecom giant AT&T has struck a deal to buy entertainment company Time Warner for more than $80 billion, to add in-house content to its distribution services, a banking source familiar with the negotiations said Saturday.

21/10/2016 12:40

Strong sales in Britain, Japan boost McDonald's

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AFP

McDonald's shares surged early Friday on unexpectedly strong third-quarter results, with sales in overseas markets compensating for softness in its home market.

19/10/2016 00:56

Rosneft enters India with $13 billion Essar deal

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AFP

In a spectacularly costly gamble aimed at boosting Russia's strategic position, state-controlled giant Rosneft is investing in India's Essar Oil to muscle into a promising market with outlets throughout Asia.

10/10/2016 04:50

Chinese yuan fix drops to a six-year low

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AFP

China's central bank set the yuan's central parity rate weaker than 6.7 to the dollar for the first time in six years Monday, the first day of trading after it joined the IMF's «special drawing rights» reserve currency basket.

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