
Eni Sells 25% Stake in Biofuel Business Enilive to KKR for €2.94 Billion
Oct 24, 2024 07:54 am UTC| Economy
Eni Partners with KKR on Enilive Stake Sale Italian energy giant Eni announced on Thursday that KKR, a prominent U.S. investment firm, will acquire a 25% stake in its biofuel division, Enilive, in a transaction valuing...

Asian Currencies Stabilize Amid Market Uncertainty
Oct 24, 2024 07:43 am UTC| Economy
Asian Currencies Steady Amid Market Fluctuations Most Asian currencies steadied on Thursday, following recent declines, as the Japanese yen lingered near three-month lows. The U.S. dollar remains supported by...

Orange Reports Strong Q3 Profits Driven by Africa and Middle East Growth
Oct 24, 2024 07:00 am UTC| Economy
Strong Q3 Results for Orange Orange S.A., the prominent French telecom operator, announced its third-quarter financial results on Thursday, reporting profits that slightly surpassed market expectations. The companys...

Gold Prices Experience Modest Increase Amid Election Uncertainty
Oct 24, 2024 06:54 am UTC| Economy
Gold Prices Stabilize as Demand for Safe Haven Assets Grows Gold prices saw a slight increase in Asian trading on Thursday, recovering from recent lows but still below record highs due to ongoing anxiety surrounding the...

Hyundai Motor Reports 7% Decline in Q3 Operating Profit Amid Global Slowdown
Oct 24, 2024 06:39 am UTC| Economy
Hyundai Motor Reports 7% Decline in Q3 Operating Profit Hyundai Motor Co. announced a 7% decline in operating profit for the third quarter of 2024, primarily due to warranty costs related to its Santa Fe SUVs and a...

Danone Surpasses Q3 Sales Expectations Driven by Strong North American Demand
Oct 24, 2024 06:31 am UTC| Economy
Danones Q3 Sales Performance French food giant Danone exceeded third-quarter sales expectations on Thursday, reporting a notable increase in sales volumes as price hikes began to stabilize. The company experienced...

Nvidia Launches Hindi AI Model to Capitalize on India's Growing Market
Oct 24, 2024 06:25 am UTC| Economy
Nvidia has unveiled its lightweight artificial intelligence model, Nemotron-4-Mini-Hindi-4B, designed specifically for Indias widely spoken Hindi language. This strategic move aims to tap into Indias rapidly expanding AI...