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Schindler shares fell around 5% as investors worried about weak demand in China’s property market, despite global order growth for a third straight quarter. The elevator maker said new installation orders in China declined over 10%, while demand for modernisation of existing elevators remained strong across markets. CEO Paolo Compagna highlighted growth from the company’s…
PayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and Advent International. The company’s board is reviewing the offer but reportedly believes the $60.50 per share proposal undervalues the business. PayPal’s market dominance has weakened as rivals like Apple Pay gain…
Goldman Sachs raised its Dutch TTF gas price forecasts for the final two quarters of 2025, citing expectations of further delays in the normalisation of LNG exports from the Gulf amid heightened Middle East tensions. The investment bank lifted its Q3 and Q4 forecasts to €60 and €53 per MWh, respectively, from earlier estimates of…
JPMorgan CEO Jamie Dimon warned that investors are underestimating geopolitical and fiscal risks, saying he would avoid buying stocks or US Treasury bonds at current valuations. Dimon also cautioned that massive AI spending may not deliver returns as quickly as markets expect amid escalating Middle East tensions.
Julius Baer reported net new money inflows of 5.7 billion Swiss francs in the first half of 2026, beating expectations despite a slow start to the year. However, shares of the Swiss private bank fell over 4% as it warned that ongoing de-risking efforts and a revised risk and compliance framework would continue to weigh…
Gold prices gained over 1% as investors tracked diplomatic efforts to ease the US-Iran conflict and assessed the impact on inflation and the Federal Reserve’s rate outlook. Spot gold rose 1.6% to $4,071.59 per ounce, while US gold futures climbed 1.5%. Analysts said bullion is attempting to build a base near the $4,000 level and…
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Arvind Fashions reported an eleven percent rise in net profit for the first quarter. Revenue from operations increased to one thousand two hundred seventy-eight point five crore rupees. Direct channels contributed sixty-two percent of the company’s total revenue. The company experienced strong growth in online B2C sales by thirty-eight percent. Arvind Fashions aims to accelerate…
Mutual funds have steadily raised stakes in several BSE 500 companies over the past three quarters, reflecting institutional confidence. Among these stocks, multiple companies delivered strong one-year returns, with some gaining over 50%. The trend highlights sectors and businesses that have attracted consistent buying interest from large investors.
Ant International has raised $1.2 billion in a fresh funding round backed by Ant Group and Alibaba to accelerate its global expansion across merchant payments, financial services and enterprise solutions.