Business

Online trading firm Plus500 expects annual profit to top market view

Plus500 (PLUSP.L) said on Monday it expects its annual profit to exceed market expectations even as the online trading platform reported a slower fourth-quarter growth as compared with the previous quarter on weak customer trading performance.

Foxconn India iPhone plant to reopen on Wednesday -legislator

Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will reopen an iPhone manufacturing facility in southern India on Wednesday, government officials and a legislator in the region where the plant is located told Reuters.

Major UK companies plan 2022 investment surge – Deloitte

Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of growing labour shortages, according to a survey from accountants Deloitte.

China Evergrande moves headquarters from Shenzhen to Guangzhou -report

Cash-strapped property firm China Evergrande Group (3333.HK) has left what has been its headquarters in the city of Shenzhen and relocated to nearby Guangzhou, Chinese media outlet The Paper reported on Monday, citing people familiar with the matter.

Stocks sag as U.S. yields climb higher

Stock markets struggled on Monday as U.S. Treasury yields reached a new two-year high and investors fretted about the prospect of rising interest rates and a surge in COVID-19 infections.

Online trading firm Plus500 expects annual profit to top market view

Plus500 (PLUSP.L) said on Monday it expects its annual profit to exceed market expectations even as the online trading platform reported a slower fourth-quarter growth as compared with the previous quarter on weak customer trading performance.

Foxconn India iPhone plant to reopen on Wednesday -legislator

Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will reopen an iPhone manufacturing facility in southern India on Wednesday, government officials and a legislator in the region where the plant is located told Reuters.

Major UK companies plan 2022 investment surge – Deloitte

Major British companies plan a surge in investment in 2022 to meet strong demand and respond to climate change against a backdrop of growing labour shortages, according to a survey from accountants Deloitte.

China Evergrande moves headquarters from Shenzhen to Guangzhou -report

Cash-strapped property firm China Evergrande Group (3333.HK) has left what has been its headquarters in the city of Shenzhen and relocated to nearby Guangzhou, Chinese media outlet The Paper reported on Monday, citing people familiar with the matter.

Stocks sag as U.S. yields climb higher

Stock markets struggled on Monday as U.S. Treasury yields reached a new two-year high and investors fretted about the prospect of rising interest rates and a surge in COVID-19 infections.

Categories