22 گھنٹے پہلے
BoE chief economist Huw Pill urges rate rise to 4% amid Middle East-driven inflation risks
Bank of England chief economist Huw Pill reiterated his concerns about holding interest rates steady, arguing that inflation risks tied to the energy crisis in the Middle East should be contained with a rate increase. He said he was uncomfortable with a “wait-and-see” approach on the Monetary Policy Committee and noted he was one of two members backing a hike in July. Pill added that a move higher would not necessarily mark the start of a prolonged, aggressive tightening cycle.
22 گھنٹے پہلے
1 دن پہلے
Hewlett Packard Enterprise posts $12.2B Q3 FY26 revenue, sees value appeal after post-earnings pullback
Hewlett Packard Enterprise reported Q3 FY26 revenue of $12.2B, up 34% year over year, driven by strong growth in its Networking business and Cloud & AI segment. Networking margins stayed above 20%, while Cloud & AI margins reached 17%, which is viewed as a near-term ceiling. A DCF-based valuation implies a $61.40 price target, and the stock’s post-earnings dip is seen as a potential entry point.
1 دن پہلے
1 دن پہلے
Campbell’s cuts quarterly dividend by more than a third and flags profit, sales below estimates
Campbell’s said fourth-quarter net sales fell more than expected and it issued a weaker-than-expected outlook for annual profit and sales. The company cut its quarterly dividend by more than a third to prioritize debt reduction and is targeting about $500 million in cost savings by fiscal 2030 after closing some plants and reducing headcount. With lower-income shoppers shifting to cheaper brands and store labels, Campbell’s has implemented average price increases of 4% to 5% across roughly 60% of its portfolio.
1 دن پہلے
1 دن پہلے
Standard Chartered rolls out direct Bitcoin and Ethereum trading for UAE institutional clients via Dubai branch
Standard Chartered has launched direct Bitcoin and Ethereum trading for institutional clients in the UAE through its regulated Dubai branch. The move marks another major global bank entering spot digital-asset trading. It offers institutional investors a regulated, compliant access point and could help improve crypto market liquidity and mainstream adoption.
BTC
BTC-2.37%
1 دن پہلے