BENGALURU (Reuters) -India's Reliance Industries, a retail-to-telecom conglomerate, reported first-quarter profit on Friday that missed estimates, hurt by lower margins on fuel sales. The billionaire Mukesh Ambani-led company, India's largest by market value, said its consolidated profit fell to 151.38 billion rupees ($1.81 billion) in the April-to-June quarter, from 160.11 billion rupees a year earlier. Analysts had estimated a profit...

09:53 AM EDT, 07/19/2024 (MT Newswires) -- Unity Software ( U ) is likely to face competitive pressures and uncertain growth in H2, keeping most investors on the sidelines for now, Oppenheimer said in a note Friday. The investment bank said investors are wary about the company potentially lowering its 2024 guidance and management can ease concerns by providing updates...

09:54 AM EDT, 07/19/2024 (MT Newswires) -- CrowdStrike Holdings ( CRWD ) is not expected to lose market share to competitors following the outage that resulted from a content update to Microsoft ( MSFT ) Windows hosts, Truist Securities said in a note Friday. The firm said it doesn't see the outage affecting demand for CrowdStrike's ( CRWD ) security...

BRUSSELS (Reuters) - The European Union is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low prices. The European Commission, which oversees EU trade policy, has indicated it will set tariffs of between 12.8 and 36.4%, according to a document published on Friday. They are due to be imposed...