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European Stocks Close On Firm Note
European stocks closed higher on Friday on optimism about reforms in Germany's debt brake rule after reports said Friedrich Merz, who is likely to be sworn in as the country's next chancellor, had got the support from the Greens party to increase public borrowing that will help rise defense spending.
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Před 69 dny
Swiss Franc Weakens Against Majors
The Swiss franc fell against its major counterparts in the New York session on Friday, as U.S. stocks rallied after a decline in the previous session.
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Před 69 dny
CPSC Recalls: Batteries, Bicycles, Heaters, Water Bottles, Stools, Harnesses, Teethers, Safety Gates
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including batteries, bicycles and framesets, desktop heaters, water bottles, stools, climbing harnesses, teethers, and safety gates, among others. Walnut, California-based Sublue Technology Inc. has called back about 40,370 units of Lithium-Ion Batteries sold for Sublue Mix Underwater Scooters citing risk of fire;
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Před 69 dny
U.S. Consumer Sentiment Plunges To Lowest Level In Over Two Years
Largely reflecting a substantial deterioration in consumer expectations, the University of Michigan released a report on Friday showing a much steeper than expected drop by its reading on U.S. consumer sentiment in the month of March. The University of Michigan said its consumer sentiment index plunged to 57.9 in March after tumbling to 64.7 in February.
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Před 69 dny
Bay Street Likely To Open Higher On Positive Global Cues
Higher U.S. and Canadian futures, firm commodity prices and rising European stocks point to a positive start for the Canadian market on Friday. Trade war worries might weigh a bit and limit market's upside.
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Před 69 dny
FTSE 100 Advances Despite Weak GDP Data
Despite data showing an unexpected contraction in the nation's GDP in the month of January, U.K. stocks are up in positive territory on Friday, tracking cues from other major European markets. Bank and mining stocks are among the prominent gainers.
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Před 69 dny
BMW Q4 Results Down, Cuts Dividend; Sees Flat Earnings, Higher Volume In FY25
German luxury automaker BMW Group reported Friday lower profit and revenues in its fourth quarter hit mainly by weak Automotive deliveries, despite growth in Rolls-Royce. The company also trimmed its dividend, and issued fiscal 2025 outlook, expecting stable Group earnings before taxes, but slight growth in sales volume amid continuing subdued demand in the Chinese market.
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Před 69 dny
more news
Pound Slides On Weak UK GDP Data
The British pound weakened against most major currencies in the European session on Friday, after U.K. economy logged an unexpected contraction at the start of the year on a sharp fall in production.
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Před 69 dny
CAC Moderately Higher In Cautious Trade
French stocks are up in positive territory a little past noon on Friday, led by gains financials and luxury sectors. The mood remains cautious amid escalating trade war tensions. Slight optimism about a ceasefire in Ukraine is aiding sentiment.
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Před 69 dny
DAX Climbs Higher; Adidas, Daimler Among Notable Gainers
German stocks are up firmly in positive territory a little past noon on Friday, despite rising trade tensions, and uncertainty surrounding the nation's spending plans. Investors are digesting the nation's inflation data and some corporate earnings updates.
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Před 69 dny
Pound Slides Against Most Majors
The British pound weakened against most major currencies in the European session on Friday.
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Před 69 dny
European Shares Inch Higher In Cautious Trade
European shares inched higher on Friday but were on track for a weekly loss on heightened trade tensions and growing concerns about an economic slowdown.
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Před 69 dny
UK Economy Contracts Unexpectedly On Weaker Production
The UK economy logged an unexpected contraction at the start of the year on a sharp fall in production, official data revealed on Friday. Gross domestic product shrank 0.1 percent on a monthly basis in January, following a growth of 0.4 percent in December, the Office for National Statistics reported. GDP was expected to grow 0.1 percent.
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Před 69 dny
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