Tag: per
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India’s Infosys falls after revenue growth view cut flags AI, competitive pressures
Oct 26 : Shares of India’s Infosys fell 2.7 per cent on Monday after the software exporter sharply cut its fiscal 2027 revenue growth forecast, underscoring challenges from AI-driven pricing pressure, tougher competition and sluggish demand in key markets.The firm was the last of the top 5 to report earnings
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India’s Infosys falls after cutting revenue growth forecast for fiscal 2027
Oct 26 : Shares of IT firm Infosys fell 2.7 per cent in early trading on Monday after the company cut its fiscal 2027 revenue growth forecast more than expected and reported weakness in its North America business. The company cut its fiscal 2027 revenue growth forecast to 1 per cent-2 per cent from 1.5…
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Bank of Japan’s hawkish pause to leave scope for December hike
TOKYO, Oct 26 : The Bank of Japan will likely declare victory in a nearly 14-year battle to hit its 2 per cent inflation target at its policy meeting on Friday and emphasise the risks prices could overshoot, signaling the chance of a rate hike as soon as December.Such hawkish language may reinforce expectatio
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Japan’s Nikkei edges lower as tech sector weighs, energy shares rise
TOKYO, Oct 26 : Japan’s Nikkei share gauge edged lower on Monday as chip-related shares fell after a weaker Wall Street session, while energy-linked shares gained on higher oil prices.The benchmark Nikkei 225 slid 0.43 per cent to 62,425.47 in morning trade, down for a third straight session and poised for it
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Oil slips from near six-months highs despite supply concerns
BEIJING, Oct 26 : Oil prices fell on Monday after surging to near six-month highs late last week, although ongoing attacks on Saudi Arabia kept supply concerns in focus.US crude futures were down $1.60, or 1.55 per cent, at $101.67 per barrel by 0018 GMT. Brent crude futures were down $1.56 or 1.34 per cen
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Asian shares make cautious start, Brent eases from six-month high
SYDNEY, Oct 26 : Share markets got off to a cautious start on Monday as oil eased from six-month highs ahead of a week packed with central bank meetings and company earnings that will further test investor confidence in the AI boom.Brent oil slipped 1.0 per cent to $115.48 amid reports Qatari mediators were i
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Oil prices down almost $1 in early trading
BEIJING, Oct 26 : Oil prices lost nearly $1 on Monday after the market opened, falling back from their highest in nearly six months.U.S. crude futures were down 99 cents, or 0.96 per cent, at $102.28 per barrel by 23:15 GMT. Brent crude futures were down 93 cents or 0.8 per cent at $115.79.Prices had…
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Protein shakes for teenagers: Good or bad idea?
Protein products are marketed as a way of building muscle and losing weight — and they’re very popular with young people. They also claim to promote healthy growth in children. Is this true? How much protein is healthy?
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Stocks fall, but tech shares steady after selloff; oil hits highest in nearly six months
NEW YORK/LONDON, Oct 23 : Major stock indexes ended lower on Friday even as tech shares mostly steadied, while Brent crude oil rose to its highest level in nearly six months after Houthi attacks in Saudi Arabia.The Nasdaq eased. European shares also ended lower.An index of semiconductors rose 0.4 per c
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After previous day’s slump, trading is quieter among AI shares
NEW YORK, Oct 23 : Big AI stocks were mixed on Friday, a day after the biggest decline in the Nasdaq Composite Index in four months, giving investors a welcome respite as they look forward to more information on Anthropic’s forthcoming IPO and a further wave of earnings over the next week. Meta Platforms, the
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