MarketScreener

1 day ago | marketscreener.com | Florence Loeve

Canal+ executives on Friday repeatedly voiced their confidence in the company's ongoing bid to acquire South African giant MultiChoice, a deal currently under review by authorities in several African countries. This acquisition would mark the largest in Canal+'s history. The group, whose main shareholder is the Bolloré conglomerate, considers the deal pivotal for its future.

1 day ago | marketscreener.com | Nqobile Dludla

Published on 06/06/2025 at 01:26, updated on 06/06/2025 at 02:04JOHANNESBURG (Reuters) -South African fashion retailer Mr Price reported a 10.1% increase in full-year earnings on Friday, supported by strong second-half performance amid improved sales growth and reduced markdowns. Diluted headline earnings per share, a key profit measure in South Africa, rose to 13.79 rand, while operating profit grew 8.9% to 5.8 billion rand ($327 million) in the 52-week period ended March 29.

1 day ago | marketscreener.com | Siddhi Nayak |Dharamraj Lalit Dhutia

Published on 06/06/2025 at 01:10, updated on 06/06/2025 at 04:58MUMBAI (Reuters) -India's central bank on Friday cut the cash reserve ratio (CRR) - funds that banks are required to hold - by 100 basis points to 3% in a surprise move aimed at boosting lending and speeding up monetary policy transmission. The cash reserve ratio was last at this level in March 2020, when it was cut as an emergency measure during the COVID-19 pandemic. The rate was brought back to 4% a year later.

1 day ago | marketscreener.com | Swati Bhat |Sudipto Ganguly

Published on 06/06/2025 at 00:39, updated on 06/06/2025 at 02:23MUMBAI (Reuters) -The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday and slashed the reserve ratio for banks as low inflation gave policymakers room to focus on supporting growth amid a volatile global economy. The central bank, however, changed its monetary policy stance from 'accommodative' to 'neutral', stating that it may have limited space for further easing.

1 day ago | marketscreener.com | Stephen Culp

Published on 06/05/2025 at 22:10, updated on 06/06/2025 at 11:13NEW YORK (Reuters) -Wall Street rebounded on Friday and U.S. Treasury yields jumped as a generally upbeat employment report and a bounce-back in Tesla shares helped put the indexes on track for weekly advances. All three major U.S. stock indexes surged from the starting gate with robust gains, while bitcoin jumped and crude prices touched their highest level since late April.