Ananta Agarwal

Bangalore, Hong Kong

Correspondent at Reuters

@Reuters Correspondent. Words in @NikkeiAsia, @SCMPNews, @NBCNews, @AFPFactCheck, @fairplanet & @timeouthk

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Articles

Global pharma shares plunge as Trump doubles down on tariff threat

2 weeks ago | marketscreener.com | Manas Mishra |Ananta Agarwal

(Reuters) -Global drugmakers' stocks dropped across the board after U.S. President Donald Trump reiterated plans for a "major" tariff on pharmaceutical imports, threatening an interwoven global supply chain, and as his country-specific reciprocal tariffs took effect, leading to more pain in global markets.
Indian pharma stocks decline after Trump again threatens tariffs

2 weeks ago | marketscreener.com | Ananta Agarwal |Kashish Tandon

(Reuters) -Indian pharmaceutical stocks fell 1.7% on Wednesday after U.S. President Donald Trump reiterated plans to announce a "major" tariff on all pharmaceutical imports. U.S. accounts for a third of India's overall pharma exports. Trump had also threatened the duties on Friday, after his first set of reciprocal tariffs announced last week exempted pharma products -- a change in stance that had prompted a wild swing in pharma stocks.
Global pharma shares plunge as Trump doubles down on tariff threat

2 weeks ago | today.westlaw.com | Manas Mishra |Ananta Agarwal |Anna Pruchnicka |Kashish Tandon

(Reuters) -Global drugmakers' stocks dropped across the board after U.S. President Donald Trump reiterated plans for a "major" tariff on pharmaceutical imports, threatening an interwoven global supply chain, and as his country-specific reciprocal...
India's Piramal Enterprises hit with nearly $172 million tax bill for pharma deal

1 month ago | today.westlaw.com | Shilpi Majumdar |Ananta Agarwal |Pooja Desai

(Reuters) - India's Piramal Enterprises said in an exchange filing on Friday that it had received a tax demand of 15.02 billion rupees (nearly $172 million) for the sale of its pharmaceutical business to Piramal Pharma in fiscal year 2021.
The many disputes of Indian billionaire Gautam Adani

Nov 20, 2024 | reuters.com | Haripriya Suresh |Ananta Agarwal

The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File Photo (ADEL.NS), opens new tab were hit by a new controversy on Thursday after U.S. prosecutors charged him in an Nov 21 (Reuters) - Indian billionaire Gautam Adani and his ports-to-power conglomerate Adani Group alleged bribery and fraud scheme, accusations the group denied.
D.R. Horton sees downbeat 2025 sales on buyer uncertainty

Oct 29, 2024 | staradvertiser.com | Ananta Agarwal

D.R. Horton forecast 2025 revenue and home deliveries below estimates today, as volatile mortgage rates stoked buyer uncertainty and the builder employed discounts to whip up demand, sending its shares about 11% lower. The largest U.S. homebuilder also missed estimates for fourth-quarter profit and revenue. The results pulled down shares of other homebuilders, with Lennar and PulteGroup down more than 4%.
米ＵＰＳ、第3四半期利益が予想上回る取扱量回復で

Oct 24, 2024 | jp.reuters.com | Ananta Agarwal |Lisa Baertlein

国際貨物輸送大手の米ユナイテッド・パーセル・サービス（ＵＰＳ）が２４日発表した第３・四半期決算は、調整後１株当たり利益は１．７６ドルとなり、アナリストの平均予想１．６３ドルを上回った。２０２３年９月撮影（２０２４年ロイター/Lisa Baertlein）［２４日ロイター］ - 国際貨物輸送大手の米ユナイテッド・パーセル・サービス（ＵＰＳ）(UPS.N), opens new tabが２４日発表した第３・四半期決算は、調整後１株当たり利益は１．７６ドルとなり、アナリストの平均予想１．６３ドルを上回った。取扱数量の回復と効果的なコスト管理が奏功した。調整後営業利益率は前年同期の７．７％から８．９％に改善した。連結売上高は２２２億５０００万ドル。平均予想２２１億４０００万ドルを上回った。通期の調整後営業利益率の見通しは９．６％と、７月時点の見通し９．４％から引き上げた。新型コロナウイルス禍による都市封鎖の解除や、インフレ圧力により電子商取引（ＥＣ）関連の需要が減少。９四半期にわたり需要が低迷していたが、５月以降、米国で取扱量が増えている。...
UPS surpasses quarterly profit estimates, raises operating margin forecast

Oct 24, 2024 | theglobeandmail.com | Ananta Agarwal |Lisa Baertlein
UPS tops quarterly profit estimates on rebounding volumes; shares jump

Oct 24, 2024 | streetinsider.com | Ananta Agarwal |Lisa Baertlein

By Ananta Agarwal and Lisa Baertlein(Reuters) -United Parcel Service exceeded Wall Street estimates for quarterly profit on Thursday, ahead of the peak holiday season, benefiting from rebounding volumes and effective cost controls, boosting its shares 8.3% in premarket trading. The company also raised its full-year adjusted operating margin forecast.
UPS returns to profit, revenue growth ahead of crucial holidays; shares jump

Oct 24, 2024 | streetinsider.com | Ananta Agarwal |Lisa Baertlein

By Ananta Agarwal, Lisa Baertlein (Reuters) -United Parcel Service reported better-than-expected quarterly profit and revenue on Thursday, ahead of the crucial peak holiday season, boosted by rebounding volume and effective cost controls and shares soared as much as 10% in early trading.