When it comes to Reliance’s petchem business, the strength in GRMs clearly seems to be at par and seems likely to support RelianceNSE 1.42 % in the second quarter performance as well? Yes. Look at the second quarter and the Singapore GRMs. Singapore GRM has by and large operated in the vicinity ... Read More »
A vote by Britons to leave the European Union on Thursday may not drag the United States into recession, but its effects on U.S. monetary policy, trade and corporate profits are causing concern in Washington D.C. and boardrooms alike. Market volatility in the immediate aftermath of such an unprecedented decision ... Read More »
Samsung’s operating profits were up 10.4 per cent in the first quarter from a year earlier on strong sales of the Galaxy S7, the latest iteration of its flagship smartphone line, the company said Thursday. Operating profit was around 6.6 trillion won for the quarter, while sales reached 49.0 trillion ... Read More »
U.S. economic growth slowed in the fourth quarter, but not as sharply as previously estimated, with fairly strong consumer spending offsetting the drag from efforts by businesses to reduce an inventory overhang. Gross domestic product increased at a 1.4 percent annual rate instead of the previously reported 1.0 percent pace, ... Read More »
