Saudi Aramco on Monday showed it’s still the world’s most profitable company — and paid out almost all its net income in dividends — despite the dwindling price of oil. Shutterstock.com. On the top (of the world). 2/7 …
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Tencent Music Entertainment (TME) shares were indicated lower in pre-market trading Tuesday after the China-focused music streaming platform posted weaker-than-expected second quarter revenues and slowing user spending. Tencent said diluted …
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The share price of Motherson Sumi Systems fell nearly 10% Tuesday after the company reported a 42% decline in its consolidated net profit at Rs 360.64 crore for the first quarter ended June 30, 2019. The share price of Motherson Sumi Systems opened 1.2 …
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Absa Group Ltd.’s push to reclaim market share lost while under the control of Barclays Plc is beginning to pay off at the South African lender’s main retail-banking business. First-half net income climbed 5.4% to 7.64 billion rand ($500 million) as Absa …
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Global threats weighed heavily on trading floors today as protests in Hong Kong and surprise election results in Argentina had investors taking cover. Shares across Asia tumbled overnight with Hong Kong’s main market index falling to a seven-month low …
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