Puma shares indicated 11% lower after drop in full-year profit
(Reuters) – Shares in Puma (OTC:PMMAF) dropped 11% in pre-market trading on Thursday after the German sportswear maker late on Wednesday said it was dissatisfied with a decline in earnings last year, also announcing a cost-cutting programme. The
Asia FX bears retreat after less aggressive start to Trump’s tariff plans- Reuters poll
By Adwitiya Srivastava and Himanshi Akhand (Reuters) – Investors scaled back bearish bets on most Asian currencies after U.S. President Donald Trump’s inaugural policies suggested he would negotiate rather than immediately impose hefty tariffs on trading partners, a Reuters poll showed
Hyundai posts 7.8% profit growth in 2024 despite sales dip
Investing.com — Hyundai Motor Company (OTC:HYMLF) reported a net profit of KRW 13.23 trillion in 2024, representing a 7.8% increase compared to the previous year This growth in net profit came despite a 1.8% drop in global vehicle sales, which totaled
Commerzbank says UniCredit’s approach is hostile and unilateral
By Ludwig Burger and Valentina Za FRANKFURT (Reuters) -Commerzbank on Wednesday defined UniCredit’s approach for a potential tie-up as “hostile”, and said there had been no discussion of it with the Italian bank in the past two years, despite UniCredit CEO