Reckitt Benckiser shares surged on Thursday after the consumer-goods company reported better-than-expected performance in its core business, beat profit forecasts, and raised its full-year outlook, signalling growing confidence in its turnaround under CEO Kris Licht.The British multinational, whose products include Dettol disinfectants and Durex condoms, said its second-quarter net revenue…
QuantumScape Corp (NYSE: QS) is inching down in premarket on Thursday, even though the EV battery specialist reported a strong Q2 and announced an extended deal with PowerCo.In the second quarter, the company based out of San Jose, California, lost 20 cents on a per-share basis, slightly less than the…
India and the United Kingdom signed a major free trade agreement in London on Thursday, with Prime Ministers Narendra Modi and Keir Starmer in attendance.The deal, which has been in the works for several years, is being described as the most significant trade agreement for the UK since Brexit.Some early…
Tensions between Thailand and Cambodia erupted into open conflict on Thursday, as soldiers from both sides clashed across multiple points along their shared border, resulting in at least 11 deaths and dozens of injuries. The clashes marked a significant escalation in a long-simmering dispute and led to a breakdown in…
European stock markets are set for a strong opening on Thursday, with major indices poised for significant gains as investor optimism swells around the prospect of an imminent trade deal between the United States and the European Union. This positive sentiment, fueled by a recent US-Japan pact and hints from…
The BT share price continued its strong surge, reaching its highest level since 2017 after the company published better-than-expected results. It jumped to a high of 205p, up by 165% from its lowest point in 2020. It has jumped in the last six consecutive months, making it one of the…
A Soviet-era Antonov An-24 aircraft carrying approximately 50 people crashed on Thursday in Russia’s remote Far East, with initial reports suggesting no survivors, according to Russian emergency services officials.The aircraft, operated by the Siberia-based airline Angara, was en route from Blagoveshchensk to the remote town of Tynda in the Amur…
Lloyds shares edged down on Thursday despite the bank reporting better-than-expected profits, as it opted to leave its full-year guidance unchanged.Share price was down by 0.41% at 9:21 am. Lloyds shares have already climbed 40% year-to-date, meaning investors were likely looking for an exceptionally strong half-year performance to justify further…
NatWest share price rose by over 1% on Thursday after Lloyds Bank, its biggest competitor, published its strong financial results. NWG jumped to a high of 505p, its highest level since July 2nd, and 7.28% from its lowest point this month. NatWest earnings aheadNatWest Group, the parent company of Royal Bank…
Repsol, the Spanish multi-energy company, reiterated its commitment to its shareholder payout target on Thursday, despite reporting a less-than-anticipated decline in second-quarter adjusted profit. The company’s results were impacted by a significant 175 million euro ($206 million) hit stemming from a massive power blackout in April, alongside a series of other…