Stock markets - world

Amazon’s Q2 net income doubles to $5.2 billion

03 Aug 2020

Oil fall pummels Saudi Aramco shares to below IPO levels

09 Mar 2020

Saudi official selling prices for crude fell $8-$10.25 below Brent, registering the sharpest fall in at least 20 years even as the Opec kingpin hinted at hiking production by more than 2 million barrels per day

Rolls-Royce reports $1.1 bn operating loss, hit by Trent 1000 problems

28 Feb 2020

Alphabet reports $10.7 bn 2019 net income on revenues of $46.1 bn

04 Feb 2020

Alphabet’s investments in deep computer science, including artificial intelligence, ambient computing and cloud computing, provide a strong base for continued growth and new opportunities, says CEO Sundar Pichai

Lockheed Martin reports $1.5 bn Q4 net profit on $15.9 bn net sales

29 Jan 2020

Lokheed Martin ended 2019 with net sales of $59.8 billion, net earnings of $6.2 billion, and a record order backlog of $144.0 billion, and expects 2020 financial outlook to be even better

Charles Schwab to buy TD Ameritrade in $26-bn brokerage deal

27 Nov 2019

The combination of the two leading brokerages creating a company with $5 trillion in assets under management will squeeze the discount-led retail brokerage industry, and put smaller rivals under pressure

Microsoft announces $40 bn share buyback, hikes dividend

19 Sep 2019

Microsoft reported revenue of $125.8 billion for the financial year 2019, and a net income of $39.2 billion, setting a new record fiscal year, even as the trillion-dollar company returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of fiscal year 2019

Hong Kong Exchanges bids $39 bn for London Stock Exchange

11 Sep 2019

LSE CEO David Schwimmer has said that big bang takeovers in exchanges are difficult due to political concerns and LSE’s move to diversify

IMF researchers suggest an integrated capital market for Europe

11 Sep 2019

Lowering barriers to a European Capital Markets Union offers the prospect of bridging the interest rate differentials and other macroeconomic benefits, say IMF researchers

US labels China `currency manipulator’ as yuan sinks to a decade low

06 Aug 2019

Markets see the yuan’s fall as proof of China's willingness to let the yuan slide after US President Donald Trump vowed last week to impose 10 per cent tariffs on the remaining $300 billion of Chinese imports from 1 September

Former BoJ official warns Facebook's Libra could destabilise financial markets: report

02 Aug 2019

LSE to buy financial tech firm Refinitiv in $27 bn deal

01 Aug 2019

The deal will see the Blackstone-led consortium doubling the value of its investment in Refinitiv and the consortium of investment funds affiliated with Blackstone and Thomson Reuters ending up with about 37 per cent economic interest in LSEG and less than 30 per cent of the total voting rights of LSEG

Saudi Aramco’s 2018 net income zooms to $111.07 billion

12 Jun 2019

Saudi Aramco, the world’s largest integrated oil and gas company producing one in every eight barrels of crude oil globally, said its earnings before interest, taxes, depreciation and amortisation for the year stood at SAR 839 billion ($224 billion) while its return on average capital employed stood at 41 per cent

Airtel Africa plans London listing to cut $16 billion debt

29 May 2019

With a debt load of more than $16 billion and falling revenue and market share at home Bharti Airtel is looking at its African business to stay put

Intel 2019 January-March revenues flat at $16.1 billion

26 Apr 2019

Microsoft Jan-Mar FY19 net income rises 19% to $8.8 bn

26 Apr 2019

Boosted by cloud business that grew at around 75 per cent and the more than expected earnings growth Microsoft also emerged a trillion dollar company, beating rival Amazon to the third place

Saudi Aramco’s initial bond issue gets $100 billion order

09 Apr 2019

While reports say the bond issue is intended to raise cash for Aramco’s $69.1 billion acquisition of Saudi Basic Industries Corporation, the Saudi oil giant with core earnings of $224 billion last year and $86 billion in free cash flow at the end of 2018, does not need to borrow