Fri, Feb 9, 2024 1:08 PM
Escalating tensions in West Asia likely to keep crude oil prices high
A Flip by Shubhangi Gupta
Siemens Q4 Results 2024: Siemens declared their Q4 results on 26 Nov, 2024, showcasing a significant growth in their financial performance. The company’s topline witnessed an increase of 11.25% year-over-year, with profits soaring by 45.41% to reach ₹830.7 crore, while revenue amounted to ₹6461.1 crore.
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Global smartphone sales rebounded strongly in 2024 after two successive years of decline, but Apple Inc. barely managed growth, an independent study showed, underscoring the speed with which Android-based rivals are gaining ground in China and emerging markets. Apple and its rivals will ship 6.2% more phones or an estimated 1.24 billion units in 2024, according to market tracker IDC.
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Despite the post-election rally and record-high U.S. stocks, demand for options protection against an equity market crash is rising, driven by concerns over potential trade wars, inflation, and geopolitical risks, with several indexes gauging uptake for protection against extreme market swings showing elevated caution.
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