Ashok Leyland reported a 2% rise in consolidated Q1FY27 profit to ₹668 crore, while revenue grew 10% to ₹10,750 crore. Record commercial vehicle sales supported performance, though rising material costs pressured margins, prompting cost-saving and pricing initiatives.
New CNBC Generation Lab poll shows almost half of 18- to 34-year-olds see democratic socialism positively and nearly 80% see the U.S. economy negatively.
Nordea strategists see the Norwegian Krone (NOK) broadly stable over the next six months after July’s EUR/NOK decline, driven by higher Oil prices and Norges Bank’s increased NOK purchases.
Commerzbank’s Barbara Lambrecht observes that despite falling LME Copper stocks and trimmed output guidance from a major producer, the recent Copper rally is losing momentum.