Saudi Arabia plans to increase its oil production next month, in contrast to the recent decline in large production, a sign of growing confidence in the recovery in oil prices, Kingdom advisers said. The world’s largest oil exporter surprised oil markets last month when it said it would cut crude …
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Twitter Inc. It posted its second 1 billion quarter on Tuesday, sending its shares up nearly 4% in subsequent trading to a 52-week high. Twitter TWTR, + 2.87% Analysts at Factset said the stock had a net income of 22 222 million, or 29 cents, against expectations of 29 cents. …
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Tokyo: Softbank Group Corpo. 9984 4.45% Large quarterly profits ride red-hot stock markets behind the benefits of its 100 100 billion Vision Fund and its billion 10 billion investment. Investors in Japanese technology said Monday it posted a net profit of 1. 1.17 trillion, equivalent to about 11 11 billion, …
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Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
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MGM Resorts International MGM 1.03% British gaming company Antine ENT is seeking to buy -1.56% PLC, according to people familiar with the matter, in a recent move by the casino operator to double the red-hot amb online-gambling business. MGMA recently made an offer to buy the owner of the British …
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