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Top News In முடிவுகள் அடிப்படையிலானது செயல்திறன் மேலாண்மை அமைப்பு Today - Breaking & Trending Today

China's top brokerage CITIC posts 26.7% rise in Q1 profit

By Reuters Staff
1 Min Read
BEIJING/SHANGHAI, April 28 (Reuters) - CITIC Securities Co , China’s biggest brokerage by assets, reported a 26.7% rise in first-quarter net profit on Wednesday.
Net profit in the January-March period rose to 5.2 billion yuan ($802.06 million) from 4.1 billion yuan a year earlier, the company said in a stock exchange filing. UBS had forecast a net profit of 5.64 billion yuan for the quarter. ($1 = 6.4833 Chinese yuan renminbi) (Reporting by Zhang Yan, Cheng Leng and Engen Tham; Editing by Andrew Heavens) ....

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GCC's first-quarter sales fall as earnings rise - Cement industry news from Global Cement

GCC’s first-quarter sales fall as earnings rise ....

Enrique Escalante ,

Tesla edges past Wall Street target as bitcoin sales, environmental credits boost revenue

5 Min Read
(Reuters) -Electric carmaker Tesla Inc marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoins.
Tesla posted record deliveries in the first quarter despite a global chip shortage that has slammed auto sector rivals, but its profit was not driven by auto sales.
Tesla, which had invested $1.5 billion in bitcoin, trimmed its position by 10% during the quarter, said Chief Financial Officer Zachary Kirkhorn. Tesla said proceeds from sales of digital assets amounted to $272 million with a $101 million “positive impact”.
“We do believe long term in the value of bitcoin,” he said. “It is our intent to hold what we have long term and continue to accumulate bitcoin from transactions from our customers as they purchase vehicles.” ....

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Tesla sees growth on track as China, bitcoin boost revenue

5 Min Read
(Reuters) -Electric carmaker Tesla Inc marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and liquidating some bitcoins.
Tesla posted record deliveries in the first quarter despite a global chip shortage that has slammed auto sector rivals, but its profit was not driven by auto sales.
Tesla, which had invested $1.5 billion in bitcoin, trimmed its position by 10% during the quarter, said Chief Financial Officer Zachary Kirkhorn. Tesla said proceeds from sales of digital assets amounted to $272 million with a $101 million “positive impact”.
“We do believe long term in the value of bitcoin,” he said. “It is our intent to hold what we have long term and continue to accumulate bitcoin from transactions from our customers as they purchase vehicles.” ....

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Welcome To IANS Live - LatestNews - EC bans 'victory march' by parties amid pandemic

Photo Credit: IANS
IANSLive
New Delhi, April 27 (IANS) In view of the rapidly increasing threat posed by coronavirus in the country, the Election Commission (EC) on Tuesday banned any kind of victory procession by any political party after the results of the Assembly elections held in five states are declared on May 2. Any violation of this EC order will invite strict action against the candidate and his party. Not more than two people will accompany the candidate while receiving the victory certificate.
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