Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and soaring costs that it did not fully pass on to price tags, sending its shares down 7% in early trade. Operating profit in the period, the world’s second-biggest fashion retailer’s fiscal fourth quarter, was 821 […]
Jerome Powell is scheduled to deliver a speech, nominally focused on the labor market, at an event on Wednesday hosted Read more
Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to Read more
Earlier this week, the company announced a $3 billion investment over three years in its Data & AI practice. The Read more
Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting Read more
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data, while Indian stocks extended their descent as heavyweight Adani remained under pressure from a short seller report. Overnight data showed that the world’s largest economy grew more than expected during the fourth quarter, dispelling some […]
Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with Read more
The U.S. dollar edged lower in early European trade Wednesday, handing back some of the previous session’s gains as traders Read more
Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as Read more
Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a Read more
Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as more cues on the U.S. economy from a reading on the Federal Reserve’s preferred inflation gauge. Ministers from Algeria, Kuwait, Venezuela, Russia and Oman are set to meet virtually next […]
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although Read more
Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities Read more
MUMBAI (Reuters) -Foreign investors have stepped up purchases in a clutch of Indian government bonds that have no limits on Read more
6 Best Online Brokers and Trading Platform in the Word This is our list of the best online trading platforms Read more
