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Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Platforms Inc's stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg...

ECB To Raise Rates Again And Face Questions About Future Path

The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with...

Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot

Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest rates, with...

Vodafone Interim CEO Vows to ‘Do Better’ After Q3 Revenue Growth Slows

in third-quarter revenue growth that stemmed from weak performance in key European markets. Organic growth in service revenue dropped to 1.8% year-on-year during the...

Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an...

UniCredit Hikes Payout Goal By 40% After Record Rofit

UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its 2022 results after posting a record quarterly profit,...

Rising Interest Rates Have a Sting in The Tail For Europe’s Banks

Rising borrowing costs are giving a long-awaited lift to Europe's beleaguered banks, but they come with a sting in the tail. Last year central...

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