MTN profit rises 21%; to buy back R6bn of shares
Adjusted Heps up to R7.93.
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Third Wave Coffee raises Rs 408 crore in funding round led by WestBridge Capital
The round, comprising a mix of primary and secondary capital, also saw participation from existing investor Creaegis and angel investors, the speciality coffee chain said on Monday. The company did not disclose its valuation or the split between the primary capital and secondary share sales.
India 10-year bond yield clings to 6.85%; traders eye oil moves amid sanctions threat
MUMBAI: Indian government bonds were little changed on Monday after edging lower at the open, as traders awaited moves in oil prices ahead of an expected US announcement on additional sanctions against Iran. The yield on the benchmark 6.94% 2036 bond was at 6.8595% as of 10:00 a.m. IST, after closing at 6.8495% on Friday.
QIC market redefines how Qatar buys and sells cars
<p>Doha, Qatar: Buying or selling a car in Qatar was long considered a test of patience, defined by weekend trips to distant showrooms, refreshing scattered online listings, and navigating vague word-of-mouth leads.</p> <p>That fragmented era is now coming to an end as Qatar’s automotive community embraces a far more sophisticated way to…
EUR/USD Price Forecast: Holds steady below 1.1700 as overbought momentum tempers further gains
The EUR/USD pair holds steady near 1.1680 during the early European trading hours on Monday. Fiscal interventions from the US Treasury weigh on the US Dollar (USD) against the Euro (EUR). Traders brace for details of sanctions on Iran and a policy speech this week in the United States (US).
Piero Cipollone: Interview with ilsussidiario.net
- European firms face renewed challenges due to external shocks.
- Single Market advantage can be maximized by expanding operations.
- Eliminating internal restrictions is crucial for EU competition.
Hormuz Tanker Traffic Slumps as U.S. and Iran Trade Threats
Tanker traffic via the Strait of Hormuz remained weak over the weekend, with fewer than 20 vessels traversing the chokepoint as Iran and the United States traded threats again. Some 13 tankers passed through the strait on Saturday, with only four making the journey on Sunday, Kpler data cited by Reuters showed.