Merck shares fall 9% despite earnings beat, strong demand for top drugs like Keytruda
The drugmaker raised its full-year sales forecast to $63.4 billion to $64.4 billion on increased demand for key products, particularly oncology treatments.
Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction
The euro zone’s economy grew by more than expected in the second quarter of 2024, flash figures from the European Union’s statistics office showed Tuesday.
Johnnie Walker-maker Diageo plunges 5% on full-year sales decline, but Guinness a bright spot
Shares of spirits giant Diageo tumbled on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic.
Protests erupt in Venezuela after Maduro claims victory in disputed election result
Thousands of protesters took to the streets of Caracas on Monday to repudiate Maduro’s claim of clinching a third six-year term in power.
Japan’s Nomura triples profit in first quarter as end of deflation spurs wealth management
Nomura Holdings reported a 195% jump in first-quarter profit amid a rally in global markets and return of domestic inflation.
Landslides caused by heavy rains kill 49 and bury many others in southern India
Authorities mobilized helicopters to help with rescue efforts and Indian army was roped in to build a temporary bridge after landslides destroyed a main bridge that linked the affected area.
StanChart unveils $1.5 billion share buyback, boosts income guidance
StanChart’s statutory pre-tax profit for the first half climbed 5% to $3.49 billion, just ahead of a consensus estimate compiled by the bank.
CNBC Daily Open: Asian shares slide, U.S. stocks flat ahead of Big Tech earnings; McDonald’s earnings miss
The S&P 500 and the Nasdaq Composite inched higher on Monday ahead of a busy week for Big Tech earnings.
Oil major BP raises dividend as second-quarter profit beats expectations
British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter following a warning over lower refining margins.
UAE set to welcome even more millionaires as wealthy individuals abandon the UK
“Push factors include the prospect of higher taxes under a new Labour government,” one investor told CNBC.
