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Online delivery firm Eternal's stock dipped nearly 9% despite strong December quarter profits, driven by investor concerns over escalating competition. Slower store expansion boosted profitability, but increased spending to accelerate quick commerce growth may impact future earnings. Analysts maintain 'buy' ratings but have trimmed target prices.
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News and Media
Emerging Asian markets are attracting new investment as a safe haven amid ongoing geopolitical uncertainties. While tariff threats against Europe have temporarily eased market jitters, persistent tensions in the Middle East and Latin America are driving investors towards regions offering superior risk-adjusted returns and stronger economic fundamentals.
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News and Media
French food maker Vitagermine has recalled specific batches of its Babybio infant formula due to a toxin contamination scare. This precautionary measure follows similar recalls by major dairy companies like Danone and Nestle. The contamination involves cereulide, a toxin that can cause nausea and vomiting.
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News and Media
U.S. stock markets opened with modest gains on Monday as investors anticipated a significant week for corporate earnings and a key Federal Reserve policy announcement. The Dow Jones Industrial Average and S&P 500 saw slight increases, while the Nasdaq Composite experienced a minor dip in early trading.
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News and Media
Asian Paints is poised for a steady December quarter performance, with volume growth expected to improve. While margins are set to expand due to lower raw material costs, revenue growth will be moderated by weak pricing and a challenging demand environment. The B2B segment is anticipated to provide support.
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News and Media
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