Economic revival broadened and strengthened in September with about nine non-financial leading indicators recording growth during the month while five such indicators narrowed their contraction, according to rating agency ICRA. “The recovery in GST e-way bills, electricity, petrol and diesel in September 2020 provides a meaningful signal of a broader economic revival,” said Aditi Nayar,
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Procter & Gamble’s products include Crest toothpaste. Tiffany Hagler-Geard | Bloomberg | Getty Images Procter & Gamble reported on Tuesday that fiscal first-quarter revenue rose 9%, fueled by demand for its cleaning and laundry products during the coronavirus pandemic. On the heels of the strong quarter, P&G raised its sales outlook and expectations for core earnings growth
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Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant earned $1.63 per share for its latest quarter, beating the consensus estimate of $1.42 a share. Revenue came in above Wall Street forecasts as well. P&G also raised its full-year sales forecast, amid elevated
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The logo of Swiss banking giant UBS engraved on the wall is seen on its headquarters on May 8, 2019 in Zurich. Fabrice Coffrini | AFP | Getty Images LONDON — The world’s largest wealth manager, UBS, reported a net income of $2.1 billion for the third quarter on Tuesday, up 99% from the same
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Pandemic travel restrictions have limited many travelers to staycations, and others are simply too nervous to get back on a plane. But there are still plenty of opportunities for adventure on the road. The road trip has undoubtedly seen a revival during the pandemic, and it’s the perfect way to explore the countryside for rich
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Wired senior staff writer Cade Metz and Arvind Krishna, then senior vice president and director at IBM Research, speak onstage at the Wired Business Conference in New York on June 16, 2016. Brian Ach | Wired | Getty Images Shares of IBM fell about 1% in extended trading on Monday after the company released third-quarter
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I’ve surveyed thousands of adults around the world — from the financially affluent to the middle-class to the poor — about two very simple, universally valuable resources: Time and money. Unsurprisingly, most people focus too much on working and making money, and not enough on having more time. But shifting your mindset to prioritize time
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The Ant Group Co. logo and the Alibaba Group Holding Ltd. logo are displayed behind a reception desk at the company’s headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Qilai Shen | Bloomberg | Getty Images GUANGZHOU, China — Ant Group has won approval from the Chinese securities regulator for the Hong Kong leg
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House Speaker Nancy Pelosi has called on the Trump administration to reconcile remaining disputes on coronavirus stimulus legislation within 48 hours as lawmakers attempt to pass a bill before the 2020 election. Pelosi set the 48-hour deadline on negotiations after speaking with Treasury Secretary Steven Mnuchin on Saturday night for more than an hour. They agreed
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