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MILAN (Reuters) -Ferrari, the sports car maker synonymous with roaring petrol engines, welcomes the shift to electric powertrains and is confident of retaining its lead in the market for high performance cars, its chairman said on Monday.
KUALA LUMPUR: While core earnings met expectations in 1HFY21, Maxis Bhd remains weighed down on a lack of differentiation among consumers in the 5G space as well as downward pressure on average revenue per user (ARPU).
KUALA LUMPUR: On the back of decent 1H21 earnings results, Unisem (M) Bhd remains a good proxy for growth in the seminconductor sector, which is expected to remains robust for the next two to three quarters.
KUALA LUMPUR: Maybank Investment Bank Research has maintained its forecasts and "buy" call on Frontken Corp Bhd on the back of 2Q21 core net profit that were in line with its expectations.
BARCELONA (Reuters) - Europe's largest mobile phone tower operator Cellnex reported a wider first-half net loss of 67 million euros ($79.15 million) on Thursday but raised its full-year revenue and core earnings outlook as it consolidates recent acquisitions.
LONDON (Reuters) - Britain's BT reported a better-than-expected 3% rise in adjusted first-quarter earnings on Thursday, which it said reflected improved trading across most of its business and underpinned its confidence it was on the path to growth.
(Reuters) -Shares of PowerSchool Holdings Inc rose 2.8% in their New York Stock Exchange debut on Wednesday, giving the cloud-based education software provider a valuation of about $3.57 billion.
LONDON (Reuters) - Britain's ITV said advertising had rebounded strongly, with June delivering the largest ad revenue for the month in the broadcaster's history as it benefited from the easing of COVID-19 restrictions and the Euros.
KUALA LUMPUR: Maybank Investment Bank Research has slashed its target price on Globetronics Technology Bhd following a revision of its earnings forecasts.