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BUYBACK PROGRAMME IN CHINA
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...- MG Majestor launched: Check price, booking amount, interior features, engine, offers and other key specsJSW MG Motor India has launched its new 'Majestor' SUV, India's first D+ SUV, starting at Rs 40.99 Lakhs. The vehicle boasts a twin-turbo d...
- TikTok owner ByteDance sets valuation at over $330 billion as revenue grows, sources sayThe company plans to offer current employees $200.41 per share in the repurchase programme, the people said, up 5.5% from $189.90 each it o...
- Export of natural diamonds may see turnaround as China reignites demandIndian diamond exporters anticipate a resurgence in Chinese demand following a three-year decline, fueled by major retailers launching diam...
- European shares rise on signs of easing Sino-US trade tensionsChina's Commerce Ministry said that Beijing was "evaluating" an offer from Washington to hold talks over U.S. President Donald Trump's 145%...
- Dividend surge signals culture shift in China's marketsChinese companies are increasing share buybacks and dividends to boost shareholder returns, a move driven by Beijing's policies. The market...
- H&M blames warm weather for September sales slideThe company also said it had this month returned to JD.com, one of China's biggest e-commerce marketplaces, after a prolonged absence due t...
- European shares rise on strong China recovery, US bank results on tapMarkets will now watch out for reports from Goldman Sachs Group Inc and Bank of America Corp later in the day, while Morgan Stanley is due ...
- TikTok owner ByteDance increases price of share buyback for staff -sourcesThe higher price is aimed at motivating employees by helping them monetise their holdings, the sources said
- European stocks hit two-week high as commodities reboundThe continent-wide STOXX 600 index was up 0.7%, as of 0716 GMT, mirroring a sharp rebound on Wall Street late last week on easing concerns ...
- Alibaba raises share buyback to $25 billion from $15 billionAlibaba said it had already re-purchased about $9.2 billion of its US-listed shares as of March 18 under its programme, which was initially...
- SoftBank shares jump 11% on $9 billion buybackThe buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last y...
- SoftBank shares jump 10% on $9 billion buybackThe buyback is SoftBank's second-largest after a record 2.5 trillion yen buyback launched during the depths of the Covid-19 pandemic last y...
- Diageo withdraws forecast, halts shareholder returns programmeThe Johnnie Walker whisky maker said lockdowns imposed by governments across the world had significantly impacted its business.
- Share buyback to cost around Rs 65 crore: Ninad Karpe, Aptech"We will push our English speaking courses aggressively in the later part of the year with new content. "
- No proposal to buyback shares being considered right now: CS Verma, SAILThe Government of India’s holding in SAIL is 85.82% currently. The government is going to divest 10.82% during this fiscal, that is this mo...
- Nomura sees over 15% upside in Reliance Industries; target price raised to Rs 1000Nomura says an improvement in exploration and production sentiments and more positive decisions would revive the E&P investment.
- Expect Reliance Industries to report Q2 PAT of around Rs 5400 crore: Alok Deshpande, Elara CapitalWe expect flattish petchem segment earnings and also slight dip in the KG-D6 gas production. The major difference that would come sequentia...
- Heard on the street: Novelis earnings lift Hindalco sharesShares of Hindalco Industries were the biggest Sensex gainer on Friday after the company's US arm Novelis posted a turnaround in its fourth...
- GE Q2 profits up 12%General Electric said second-quarter profit rose 12% on sales of power-plant turbines,jet engines and loans
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