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AirNet Appoints Dan Shao To Replace Herman Man Guo As CEO

AirNet Appoints Dan Shao To Replace Herman Man Guo As CEO

AirNet Technology Inc. (ANTE), formerly known as AirMedia Group Inc., announced Friday changes in its board of directors and management. The company appointed Dan Shao, the spouse of Herman Man Guo, as the chief executive officer to replace Guo, effective from September 9, 2022.
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MOGU Board Authorizes To Repurchase Up To $10 Mln Of Shares

MOGU Board Authorizes To Repurchase Up To $10 Mln Of Shares

MOGU, Inc. (MOGU), a KOL-driven online fashion and lifestyle retailer, announced Friday that its board of directors has authorized a new share repurchase program, where the Company is authorized to repurchase up to $10 million of its shares, effective until August 31, 2023.
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European Shares Rally Ahead Of EU Energy Ministers Meeting

European Shares Rally Ahead Of EU Energy Ministers Meeting

European stocks were sharply higher on Friday, a day after the European Central Bank (ECB) raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation.
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FTSE 100 Gains As Miners Surge

FTSE 100 Gains As Miners Surge

U.K. stocks advanced on Friday as soaring metal prices helped boost miners.
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CAC 40 Climbs After ECB's Jumbo Rate Hike

CAC 40 Climbs After ECB's Jumbo Rate Hike

French stocks jumped on Friday, a day after the European Central Bank raised interest rates by a record 75 basis points and signaled further hikes to tame runaway inflation.
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China Consumer Price Inflation Unexpectedly Eases

China Consumer Price Inflation Unexpectedly Eases

China's consumer price inflation unexpectedly slowed in August and factory gate inflation hit an 18-month low, providing space for the central bank to ease its monetary policy to support the struggling economy. Consumer price inflation eased to 2.5 percent in August from 2.7 percent in July, data released by the National Bureau of Statistics showed Friday.
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European Economics Preview: France Industrial Output Data Due

European Economics Preview: France Industrial Output Data Due

Industrial production from France is the only major statistical report due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases consumer and producer prices for August. Consumer price inflation is forecast to rise to 7.1 percent from 6.8 percent in July.
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European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks look set to extend gains from the previous session on Friday as investors assess the inflation and monetary policy outlook.
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Indian Shares Follow Global Peers Higher

Indian Shares Follow Global Peers Higher

Indian shares followed global peers higher on Friday as U.S. Federal Reserve Chair Jerome Powell reiterated the central bank's commitment to tame inflation.
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