Forex News
SLB OneSubsea Granted Contract By Equinor For Phase 3, Stage 2 Of North Sea Troll Project
SLB (SLB) announced Friday it has been awarded a sizeable contract by Equinor ASA (EQNR) to its OneSubsea joint venture. The award leverages an existing long-term contract for the execution of the second stage of Phase 3 for Equinor's Troll project in the North Sea, offshore Norway.
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4 days ago
Sensex, Nifty End Marginally Lower After Thursday's Strong Rally
Indian shares ended little changed on Friday after posting strong gains the previous day on news of RBI's Rs 2.1 lakh crore bonanza to the government.
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4 days ago
Japan Inflation Slows For Second Month
Japan's core inflation weakened for the second consecutive month in April, but the slowdown is likely to be temporary given the expected increase in wages and a weaker yen adding upward pressure on import prices, and this is set to keep the Bank of Japan cautious regarding the future path of interest rates. Core inflation that excludes fresh food softened to 2.2 percent from 2.6 percent.
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4 days ago
European Shares Slide On Rate Worries
European stocks fell in cautious trade on Friday as U.S. rate jitters along with growing tensions between China and Taiwan sapped investors' appetite for risk.
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4 days ago
FTSE 100 Dips As Retail Sales Disappoint
U.K. stocks traded lower on Friday after official data showed retail sales declined more than expected in April as a result of poor weather.
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4 days ago
CAC 40 Slides As Business Confidence Worsens
French stocks declined on Friday as robust U.S. economic data along with hawkish comments from another Fed official stoked concerns about sticky inflation and the Federal Reserve's rate path.
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4 days ago
Burger King Plans To Launch $5 Value Meal
Burger King Co., owned by Restaurant Brands International Inc., is planning to launch $5 value meal to boost demand among Americans, who are cutting back on dining out, reports said. The fast-food hamburger chain's offer is said to include a choice of one of three sandwiches, with nuggets, fries, and a drink. The news comes after rival chain McDonald's reportedly announced a plan to introduce...
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4 days ago
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DAX Dips Amid Fed Rate Uncertainty
German stocks fell on Friday as robust U.S. economic data released overnight bolstered prospects of interest rates staying higher for longer.
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4 days ago
Asian Shares Retreat On US Rate Worries
Asian stocks retreated on Friday as robust U.S. economic data stoked concerns about sticky inflation and the Federal Reserve's rate path.
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4 days ago
Pound Slides As U.K. Retail Sales Fall More Than Forecast
The British pound weakened against other major currencies in the European session on Friday, after data showed that U.K. retail sales declined more than expected in April as poor weather reduced footfall.
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4 days ago
Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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4 days ago
Australian Dollar Falls Amid Risk Aversion
The Australian dollar weakened against other major currencies in the Asian session on Friday amid risk aversion, following the broadly sell-off on Wall Street overnight, after the recent release of stronger-than-expected U.S. economic data and the slightly hawkish Fed minutes renewed concerns the U.S. Fed will keep interest rates higher for longer than previously thought. The concerning escalation in the tensions between Taiwan and China is also weighing on the markets.
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4 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
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4 days ago
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