CSG posts stronger-than-expected half-year revenue on ammunition boom
CSG beat half-year revenue forecasts at €3.3 billion, lifted by ammunition demand and land systems growth; backlog hit €46 billion.
Business
Nielsen Buys DoubleVerify, easyJet Accepts Apollo Bid, and More Business Updates
Nielsen acquires DoubleVerify for $2.15B; easyJet accepts Apollo's $7.68B bid; ConocoPhillips and Suncor announce CEO changes; FAA orders 737 Max inspections; Meta fined $900M.
Drone Strikes on Wildberries Disrupt Russia's E-Commerce Backbone
Ukrainian drone attacks on Wildberries warehouses have damaged over a fifth of capacity, hurting small businesses and prompting economic concerns in Russia.
KOSPI rout sends Korean 'ants' back to Wall Street
South Korean retail investors are shifting back to US stocks after the KOSPI's worst month since 2008, reversing a brief homecoming trend.
RBI's NRI Deposit Scheme Draws $41B; Jefferies Sees Inflows Doubling to $100B
RBI's FCNR(B) scheme has attracted $41B so far; Jefferies expects $80-100B by September 30, aiding rupee stability.
India readies production-linked incentives for polysilicon to cut China reliance
India plans a production-linked incentive scheme for polysilicon to reduce import dependence and build an integrated solar manufacturing ecosystem.
Eutelsat Posts Narrower Loss, Sees Strong LEO Growth Ahead
Eutelsat's FY revenue rose to €1.24B, beating estimates; adjusted EBITDA hit €632M. LEO revenue expected to grow over 30% in FY 2026-27.
KOSPI heads for seventh weekly loss as AI trade wobbles
South Korea's KOSPI is set for a seventh straight weekly decline, its longest losing streak since 2022, as AI-linked chip stocks remain volatile and foreigners keep selling.
NSE proposes stricter rules for Authorised Persons, greater broker accountability
NSE proposes stricter rules for Authorised Persons, including higher net worth, biometric checks, and greater broker accountability.
Mumbai Luxury Home Sales Hit Record Rs 18,512 Crore in H1 2026
Mumbai's luxury housing market saw record sales of Rs 18,512 crore in H1 2026, with 957 units sold, though growth is likely to moderate.
Monte dei Paschi posts strong quarterly profit as Intesa bid looms
MPS beat Q2 profit forecasts and is studying alternatives to Intesa Sanpaolo's €36 billion takeover bid.
CSG H1 Revenue Beats Consensus, Operating Margin at 24.1%
CSG NV reported H1 revenue of €3.3B, beating consensus, with operating EBIT at €784M and a 24.1% margin.
Eutelsat projects modest revenue uptick for 2027 as OneWeb gains traction
Eutelsat forecasts slight revenue growth in 2027, driven by over 30% growth in its OneWeb LEO business, as it positions itself as a European alternative to Starlink.
China's July crude imports rebound from June low on Hormuz window buying
China's July crude imports rose 22% from June's near-decade low, driven by opportunistic buying after the Strait of Hormuz briefly reopened.
RBI's proposed revolving credit curbs may hit NBFC flexi loans: Morgan Stanley
Morgan Stanley says RBI's draft curbs on revolving credit could impact NBFC flexi loans, but firms may adapt.
Indian Bonds Slip as Oil Spike and Fresh Debt Supply Weigh
Indian government bond yields rose on Friday as higher oil prices and a fresh debt auction dampened sentiment, though RBI's dovish stance offered support.
Coles moves corporate roles to Accenture in cost-cutting push
Coles will transfer some corporate roles to Accenture teams locally and overseas to cut costs amid intensifying retail competition.
Hero MotoCorp Shares Climb as Analysts Applaud Cost-Cutting Push
Hero MotoCorp shares rose ~3% as analysts backed its cost controls and product mix to offset commodity price pressure.
Britannia Shares Jump as Profit Beats, Demand Outlook Brightens
Britannia's shares rose 4.7% after strong Q1 profit and resilient demand signals, with analysts reaffirming growth outlook.
Daimler Truck to Launch Second €1.1 Billion Buyback Tranche
Daimler Truck will start the second €1.1 billion buyback tranche by mid-September, following improved U.S. conditions and a raised profit outlook.