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The UK's second-quarter gross business investment grew at an annualized rate of 0.8%, revised from -1.30% to -1.3% previously.

2026-08-13

The UK's second-quarter gross business investment grew at an annualized rate of 0.8%, revised from -1.30% to -1.3% previously.

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2026-08-13

Citi says Lenovo Group (00992.HK) Q1 results were driven by explosive growth in Infrastructure Solutions Group (ISG) and continued leadership in Intelligent Devices Group (IDG). Gross margin rose YoY to 16.5%, above Citi and market estimates. Non-GAA

Citi says Lenovo Group (00992.HK) Q1 results were driven by explosive growth in Infrastructure Solutions Group (ISG) and continued leadership in Intelligent Devices Group (IDG). Gross margin rose YoY to 16.5%, above Citi and market estimates. Non-GAAP net profit jumped 176% YoY to $1.075bn, beating Citi by 64% and consensus by 149%; non-GAAP net margin widened to 4%. Citi sets a HK$31 sum‑of‑parts PT, implying a 2028F PE of ~13.6x (IDG and SSG at 10x; ISG at 16.7x, in line with peers) and maintains an upgrade/buy rating, citing strong server demand, improved profitability and stable PC, smartphone and services performance.
2026-08-13

National Bank of Romania governor said the Romanian leu has experienced two significant depreciations over the past 12 months.

National Bank of Romania governor said the Romanian leu has experienced two significant depreciations over the past 12 months.
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