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Swiss Market Ends On Buoyant Note
The Switzerland stock market ended on a buoyant note on Wednesday on positive global cues after concerns about global banking crisis eased further following U.S. regulators expressing confidence about the health of the banking sector.
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vor 867 Tagen
European Stocks Close On Strong Note As Banking Crisis Worries Ease Further
European stocks closed on a strong note on Wednesday as sentiment remained positive amid easing worries about global banking crisis.
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vor 867 Tagen
Canadian Market Moderately Higher; Dollarama Rises On Strong Results
The Canadian market is up firmly in positive territory a little past noon on Wednesday, aided by gains in consumer discretionary and technology stocks.
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vor 867 Tagen
U.S. Pending Home Sales Unexpectedly Increase For Third Straight Month In February
Pending home sales in the U.S. unexpectedly increased for the third straight month in February, according to a report released by the National Association of Realtors on Wednesday. NAR said its pending home sales index climbed by 0.8 percent to 83.2 in February after spiking by 8.1 percent to 82.5 in January. Economists had expected pending home sales to slump by 3.0 percent.
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vor 867 Tagen
U.S. Dollar Falls As Alibaba's Breakup Plan Lifts Sentiment
The U.S. dollar declined against its most major counterparts in the European session on Wednesday, as Alibaba's plan to split into six business units signalled an easing of Beijing's crackdown on the tech sector.
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vor 867 Tagen
Adidas To Withdraw Objection To Black Lives Matter Trademark
German sportswear company Adidas AG said Wednesday it will withdraw its request to block the application by the Black Lives Matter movement to trademark a yellow three-stripe design similar to Adidas' branding. This move by Adidas comes just 48 hours after it had filed an objection to the U.S. Patent and Trademark Office against the use of the three parallel stripes design.
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Cintas Boosts FY23 Outlook - Update
While reporting financial results for the third quarter on Thursday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2023.
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vor 867 Tagen
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Thailand Central Bank Lifts Rate For Fifth Straight Meeting
Thailand's central bank raised its key interest rate for the fifth straight meeting on Wednesday citing persistently high inflation as a key risk and hinted at more tightening to bring inflation back to the target. The Monetary Policy Committee of the Bank of Thailand unanimously decided to lift the policy rate by 25 basis points to 1.75 percent. This was the highest rate since August 2019.
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vor 867 Tagen
Bay Street Headed For Positive Start
Higher crude oil prices, and U.S. and Canadian futures, and firm European markets point to a positive start for the Canadian market on Wednesday.
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vor 867 Tagen
Generative AI Could Impact 300 Mln Jobs: Goldman Sachs
Generative artificial intelligence or AI technologies, including the highly popular ChatGPT, could expose around 300 million full-time jobs around the world to automation, a report by Goldman Sachs predicts, deepening the rising fears about job security. According to a new research report by GS economists, "The Potentially Large Effects of Artificial Intelligence on Economic Growth",..
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vor 867 Tagen
UK Mortgage Approvals Rise For First Time In 6 Months
UK mortgage approvals increased for the first time in six months in February despite rising interest rates and high inflation weighing on the housing affordability. Mortgage approvals for house purchases increased to 43,500 in February from 39,600 in January, the Bank of England reported Wednesday. This was the first monthly increase since August 2022. This also exceeded economists' forecast of
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Court Rejects Capital Markets Model Case On So-called Diesel Issue Against Porsche SE
The Higher Regional Court of Stuttgart on Tuesday ruled in a capital markets model case on the so-called diesel issue that most of the establishment objectives requested by the plaintiffs against Porsche Automobil Holding SE (Porsche SE), Stuttgart, are to be rejected.
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vor 867 Tagen
Sensex, Nifty End Notably Higher; Adani Group Shares Rally
Indian shares ended Wednesday's session notably higher as banking concerns continued to ease and Adani Group stocks rebounded from recent string of losses after a clarification on pledged shares.
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vor 867 Tagen
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