Tag: 9%

TSMC's first quarter profit rises 9%, beats forecasts

 stock analyst  04/18/2024  0 Comments on TSMC's first quarter profit rises 9%, beats forecasts

TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 9% rise in first-quarter net profit on Thursday that beat market expectations as it rides a wave of demand for semiconductors used in artificial intelligence applications.

BNP Paribas to acquire Fosun's around 9% stake in Belgian insurer Ageas

 stock analyst  04/15/2024  0 Comments on BNP Paribas to acquire Fosun's around 9% stake in Belgian insurer Ageas

PARIS/HONG KONG (Reuters) -BNP Paribas has signed an agreement with China\’s Fosun Group to acquire its around 9% stake in Belgian insurer Ageas for a sum the French bank estimates at 730 million euros ($776.87 million).