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Safran Stock Gains On FY25 Profit, Dividend Hike, Positive FY26 View; FY28 Outlook Upgrade
Shares of Safran SA (SAFRF.PK) were gaining around 7 percent on the Paris Stock exchange, after the French aircraft equipment manufacturer reported Friday a consolidated profit in fiscal 2025, compared to prior year's loss, amid increased revenues. Further, the firm raised dividend, and issued fiscal 2026 outlook, expecting growth. The company also raised profit outlook for fiscal 2028.
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211 days ago
European Shares Mixed Ahead Of Key Economic Data
European stocks were mixed on Friday despite a sell-off on Wall Street overnight amid growing concerns about artificial-intelligence disruptions.
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211 days ago
Asian Shares Follow Wall Street Lower As AI Jitters Spread
Asian stocks followed Wall Street lower on Friday as investors fretted over the impact of artificial intelligence on various sectors and looked to U.S. CPI data later in the day for clues on when the Federal Reserve might cut rates.
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211 days ago
U.S. Dollar Rises As Traders Await U.S. CPI Inflation Data
The U.S. dollar strengthened against other major currencies in the Asian session on Friday, as traders are anticipating the U.S Consumer Price Index (CPI) inflation numbers later on the day.
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211 days ago
Malaysia GDP Growth Tops Estimate
Malaysia's economy grew more than initially estimated in the fourth quarter, reaching the strongest in three years, fueled by robust private consumption and investment, official data revealed Friday. Gross domestic product posted an annual growth of 6.3 percent in the fourth quarter, the strongest since the fourth quarter of 2022, the Department of Statistics said.
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211 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Friday.
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211 days ago
European Economic News Preview: Eurozone GDP Data Due
Flash quarterly national accounts and employment from the euro area and monetary policy decision from Russia are due on Friday. At 2.00 am ET, Destatis is scheduled to release Germany's wholesale price data. Economists forecast wholesale prices to rise 0.1 percent on a monthly basis in January, reversing a 0.2 percent fall in December.
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211 days ago
more news
European Shares To Open On Cautious Note As AI Disruption Fears Rattle Markets
European stocks are seen opening on a cautious note Friday amid growing skepticism about the returns on AI infrastructure investments.
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211 days ago
Indian Shares Deep In Red; IT Stocks And Oil Companies Succumb To Heavy Selling
Indian shares were deep in the red on Friday, mirroring weak cues from global markets as investors fretted about the impact AI could have on revenues and profit margins of financial, transportation and logistics and even commercial real estate companies.
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211 days ago
U.S. Dollar Climbs Against Canadian Dollar
The U.S. dollar climbed against the Canadian dollar in the New York session on Thursday.
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211 days ago
Australian Market Extends Early Strong Losses In Mid-market
The Australian stock market is extending its early strong losses in mid-market moves on Friday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,950 level, with weakness across all segments led by technology and mining stocks.
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211 days ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, hurt by tumbling technology stocks that mirror their peers on the tech-heavy Nasdaq amid fresh concerns about artificial intelligence disruptions to traditional business models weighing on several sectors, such as financial, transportation and commercial real estate companies.
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211 days ago
Indian Shares Set To Follow Wall Street Lower On AI Jitters
Indian shares look set to open lower on Friday as worries about artificial-intelligence disruption engulfed industries from logistics to commercial real estate.
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211 days ago
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