ING announces new buyback programme, Q3 net profit beats estimates
ING Groep announced Thursday its second share buyback programme of the year, of up to 2.5 billion euros ($2.65 billion), after big third-quarter net profits.
Why one Tesla manager thinks used cars are ‘absolutely pivotal’ for EVs
The remarks were delivered during the EV Summit 2023 in Oxford, England.
Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
The oil giant announced a $3.5 billion share buyback to be carried out over the next three months.
Japan unveils $113 billion package to cushion inflation
The Japanese government will spend over 17 trillion yen, or $113 billion, on a package of measures to cushion the economic blow from inflation.
Indian travelers are set to be the fourth largest global spenders by 2030
Indians could be the fourth-largest global travel spenders by 2030, according to a recent report by Booking.com and McKinsey.
Chinese EV startups Xpeng, Li Auto deliver a record number of cars in October
Chinese electric car companies Xpeng and Li Auto each delivered a record number of cars in October, according to company releases.
Biden calls for a ‘pause’ in the Israel-Hamas war
In response to a question from a protester, the president said a pause would allow more time “to get the prisoners out.”
The majority of the world’s most family-friendly airlines are in one continent
Eight of the top 11 family-friendly airlines are based in Asia, with Japan Airlines taking the top spot, according to a review by The Family Vacation Guide.
Will the S&P 500 rally by year-end? Morgan Stanley’s Slimmon weighs in — and names a Big Tech stock
If the market does rally into the year-end, it will be led by the “Magnificent Seven” stocks, said Andrew Slimmon, who named his preferred play.
Tencent, Alibaba and more: These firms are primed for buybacks and present opportunities, says Jefferies
Announcements of big buyback programs in the region have been rising since 2021, “with a long runway ahead,” the investment banking firm says.
