Tag Archives: SHARES


gold scurry shares investors coronavirus world growth China

Shares drop, gold surges as investors scurry for safety

02 February, 2020 9:39 am 9:39 am

SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. South Korea put the country on high alert while the number of infections jumped … Read More


KSE shares index Pakistan stock exchange slips below barsih note points gold prices dollar inter bank open marketKSE-100 index market trading 830 points Pakistan Stock Exchange Karachi market

KSE-100 index plunging 846.93 points as index slips below 40,000

02 February, 2020 10:28 pm 10:28 pm

KARACHI (92 News) – The Pakistan Stock Exchange (PSE) began another week on a bearish note on Monday, with the KSE-100 index plunging 846.93 points as the index slipped below 40,000. The KSE-100 index plunging 846.93 points (2.16 per cent) as analysts pointed to a need for fiscal adjustment and the market reacted to the … Read More


Alphabet shares fall as Google misses on sales, YouTube revenue disappoints

02 February, 2020 9:57 am 9:57 am

SAN FRANCISCO (Reuters) – Alphabet Inc’s  new Chief Executive Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5% as Google’s advertising business and the new data about YouTube and Google Cloud broadly disappointed. Pichai had sought to counter slowing revenue growth in the company’s main advertising business by pointing to … Read More


Global shares tick up on upbeat China factory reports, trade talk hopes

12 December, 2019 9:40 am 9:40 am

TOKYO (Reuters) – Global shares rose on Monday and oil rebounded after upbeat China manufacturing surveys and as investors clung to hopes Beijing and Washington could reach a compromise in trade talks. MSCI’s index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gained 0.46%, reclaiming some of its loss on Friday while Japan’s Nikkei .N225 jumped 1.11%. … Read More


IBM

IBM 3rd quarter revenue falls, shares down 3%

10 October, 2019 2:18 am 2:18 am

(Reuters) – International Business Machines (IBM) Corp missed analysts’ estimates for third-quarter revenue on Wednesday, overshadowing a profit beat and sending its shares down 3% in extended trading. The Armonk, New York-based technology services giant, which wrapped up the mega cloud merger with Linux maker Red Hat Inc earlier this year, has faced years of revenue … Read More


Uber

Uber loses $5 billion, misses Wall Street targets despite easing price war

08 August, 2019 4:49 am 4:49 am

(Reuters) – Uber Technologies Inc reported a $5.2 billion loss and revenue that fell short of Wall Street targets on Thursday as growth in its core ride-hailing business slowed, sending its shares down 6%. Uber’s net loss, up from a loss of $878 million a year earlier, reflected $3.9 billion of stock-based compensation expenses related … Read More


Indian-coffee-tycoon

Indian coffee tycoon Siddhartha’s body found floating in river

07 July, 2019 3:23 pm 3:23 pm

MANGALURU/BENGALURU (Reuters) – Authorities in Southern India recovered the body of coffee baron V G Siddhartha floating in a river on Wednesday, two days after his disappearance sparked speculation that he was under intense financial strain. The recovery of Siddhartha’s body unnerved investors in his flagship listed Coffee Day Enterprises Ltd and sent its shares … Read More


Twitter shares jump 10% on solid user growth, revenue beat

07 July, 2019 10:39 am 10:39 am

WEB DESK (Reuters) – Twitter Inc has reported better-than-expected second-quarter revenue as design changes to its microblogging website attracted more users and advertisers, sending its shares up 10%. Twitter’s revenue and number of users have been in focus since the social media platform started deleting millions of spam or fake accounts promoting hate speech or … Read More


Jahangir Tareen Khawaja Asif jahangir Tareen Tareen TV TV channel sharesJahangir Tareen, PTI, Asad Umar, social media campaign

Khawaja Asif has history of being a liar, says Jahangir Tareen

05 May, 2019 6:35 pm 6:35 pm

ISLAMABAD (92 News) – Refuting the allegations leveled against him, Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen on Monday termed that former defence minister leader Khawaja Asif has a history of being a liar. While responding to the statement of PML-N leader, the PTI stalwart took his twitter and said that Khawaja Asif narrated a fabricated … Read More


Asia, shares, slump, four-month low, risk, interminable, trade, war

Asia shares slump to four-month low on risk of interminable trade war

05 May, 2019 2:23 pm 2:23 pm

SYDNEY (Reuters) – Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-US trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. In early European trading, futures for the pan-region Euro Stoxx 50 and German DAX were each down … Read More


Asian, shares, four-month highs

Asian shares inch up to four-month highs

02 February, 2019 9:54 am 9:54 am

SYDNEY (Reuters) – Asian share markets edged up to four-month highs on Thursday with Australian equities the star performer while the New Zealand dollar sank after disappointing jobs data prompted investors to narrow the odds of a future rate cut. Trading was still light overall with China on holiday and no major economic data on … Read More


Facebook to buy back additional $9 billion of shares

12 December, 2018 9:27 am 9:27 am

CALIFORNIA (Reuters) – Facebook Inc will buy back an additional $9 billion of its shares, as it looks to pacify investors following a slump in its stock. The social media giant’s shares, which have tumbled more than 22 percent this year, rose nearly 1 percent in extended trading. The new program is in addition to … Read More


Tesla shares reel as executives quit and CEO smokes pot on webcast

09 September, 2018 8:33 am 8:33 am

CALIFORNIA (Reuters) – Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana and wielding a sword on a webcast, just hours before the automaker said its recently-appointed accounting chief would leave, the latest in a string of unusual behavior and executive departures that have stunned investors. Shares of the electric carmaker tumbled more than … Read More