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U.S. Dollar Climbs Higher On Safe-haven Appeal
The U.S. dollar climbed higher on Monday, scoring fairly strong gains over some of its major counterparts, as investors picked up the safe-haven currency amid rising fears about a possible recession, and aggressive rate hikes by the Federal Reserve.
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vor 1108 Tagen
U.S. Stocks End Sharply Lower On Growth Worries, Rate Outlook
U.S. stocks tumbled right at the stroke of the opening bell on Monday and stayed weak right through the day's session, extending losses from the previous session.
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vor 1108 Tagen
Swiss Market Ends Moderately Lower
The Switzerland stock market ended notably lower on Monday after staying in the red right through the day's session, in line with the trend in most of the markets across Europe.
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vor 1108 Tagen
European Stocks Close Lower On Recession Fears And Rate Hike Concerns
European stocks closed lower on Monday as rising fears of aggressive monetary tightening by central banks, and concerns about a possible recession in major economies kept investors nervous.
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vor 1108 Tagen
Euro Drops Amid Energy Crisis
The euro fell against its major counterparts in the European session on Monday amid risk aversion, as natural gas prices surged and indications of aggressive monetary policy tightening by major central banks sparked recession concerns.
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vor 1108 Tagen
EBay To Acquire TCGplayer For Up To About $295 Mln
eBay Inc. (EBAY), a global commerce company, and TCGplayer, a trusted marketplace for collectible card game enthusiasts, announced they have entered into an agreement for eBay to acquire TCGplayer for a total deal value of up to approximately $295 million.
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vor 1108 Tagen
Adidas Says CEO Kasper Rorsted To Hand Over Position During Course Of 2023
German sportswear maker Adidas AG (ADDYY.PK, ADDDF.PK) said Monday that its Supervisory Board announces today that it has initiated a CEO transition, with CEO Kasper Rorsted having mutually agreed with the Supervisory Board to hand over the CEO position during the course of 2023. The search for a succession has started.
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vor 1108 Tagen
more news
Lower Bullion Prices And Recession Fears Might Hurt Canadian Shares
Lower Canadian and U.S. futures and weak bullion prices point to a negative start for stocks in the Canadian market on Monday.
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vor 1108 Tagen
JDM Partners Exercises Option To Reacquire Stake In Douglas Ranch
The Howard Hughes Corp. (HHC) announced Monday that JDM Partners has exercised their remaining option to reacquire a stake in Douglas Ranch, the recently launched large-scale master planned community in Phoenix's West Valley.
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vor 1108 Tagen
McDonald's Says Sheila Penrose To Retire From Board
McDonald's Corp. (MCD) announced Monday the retirement of Sheila Penrose from the McDonald's Board of Directors after more than fifteen years of service.
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vor 1108 Tagen
Sensex, Nifty Succumb To Global Selloff
Indian shares fell sharply on Monday and the rupee slumped to a near four-week low, as concerns over Europe's energy crisis coupled with hawkish comments from central bank officials on the pace of future rate rises dented demand for riskier assets.
The rupee dropped to 79.9125 per U.S. dollar, the lowest level since July 27, as another Federal Reserve official flagged the likelihood of continued aggressive monetary tightening.
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vor 1108 Tagen
European Shares Retreat As Recession Worries Mount
European stocks tumbled on Monday, with fears of aggressive monetary tightening and concerns over Europe's energy crisis keeping investors nervous.
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vor 1108 Tagen
FTSE 100 Slips On Recession Worries
U.K. stocks were moving lower on Monday, with recession worries and fears of aggressive interest rate hikes by central banks weighing on sentiment.
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vor 1108 Tagen
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