Peloton Interactive To Exit All Owned-manufacturing Operations; Expanding Rexon Partnership

Peloton To Slash Another 500 Jobs: Reports

Fitness equipment maker Peloton Interactive, Inc. (PTON) is reportedly planning to cut about 500 jobs or 12 percent of its remaining workforce. This will be the company's fourth round of layoffs this year as it struggles to return to profit.

RTTNews | 1018 dias atrás

China Keeps Key Lending Rates On Hold

The People's Bank of China maintained its interest rates unchanged on Monday as the economy faces subdued domestic demand amid challenging global economic conditions. The bank retained its one-year loan prime rate at 3.0 percent. Similarly, the five-year LPR, the benchmark for mortgage rates, was kept unchanged at 3.50 percent.

RTTNews | 54 minutos atrás

European Shares Seen Tad Lower At Open

European stocks are seen opening a tad lower on Monday as investors assess new trade developments and look forward to the two-day E.U.-China summit scheduled to take place in Beijing beginning on July 24th to discuss the future of the bilateral relationship and trade.

RTTNews | 2h 8min atrás

Sensex, Nifty Fluctuate In Early Trade

Indian shares were fluctuating on Monday as investors reacted to a slew of earnings, EU sanctions on Nayara refinery and comments from India's Commerce Minister Piyush Goyal that India will enter international trade agreements only if they serve the country's interests.

RTTNews | 3h 11min atrás

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Monday, with earnings and trade developments likely to be in focus.

RTTNews | 5h 0min atrás

Asian Shares Mostly Higher In Cautious Trade

Asian stocks were mostly higher on Monday as trade tensions persisted, China held key lending rates and Japan's ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba's grip on power.

RTTNews | 5h 16min atrás

Indonesia Bourse May See Profit Taking On Monday

The Indonesia stock market has moved higher in 10 straight sessions, gathering more than 440 points or 6.3 percent along the way. The Jakarta Composite Index now sits just above the 7,310-point plateau although it's overdue for consolidation on Monday.

RTTNews | 6h 8min atrás

Little Movement Seen For Hong Kong Stock Market

The Hong Kong stock market on Friday halted the two-day losing streak in which it had slipped more than 90 points or 0.3 percent. The Hang Seng Index now sits just above the 24,825-point plateau although it may be stuck in neutral on Monday.

RTTNews | 6h 23min atrás

EURUSD	1.16404	GBPUSD	1.34383	AUDUSD	0.65108
USDJPY	148.117	USDCAD	1.37264	USDCHF	0.80083

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Peloton Interactive To Exit All Owned-manufacturing Operations; Expanding Rexon Partnership