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Dollar Loses Ground Against Major Counterparts Ahead Of Inflation Data

After staying weak during the Asian and European sessions, the U.S. dollar moved higher in early New York session on Monday, but turned weak soon and remained subdued thereafter as investors looked ahead to crucial inflation data for clues about the outlook for Federal Reserve's interest rates.
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Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

After a firm start and a subsequent long spell in positive territory, the Switzerland market retreated in late afternoon trades on Monday, but recovered soon to eventually end the day's session modestly higher.
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European Stocks Close Higher After Cautious Session

European Stocks Close Higher After Cautious Session

European stocks closed higher on Monday with investors continuing to react to quarterly earnings updates, and looking ahead to inflation data from U.S. and Eurozone for further clarity on the outlook for interest rates.
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Canadian Market Modestly Higher Around Noon

Canadian Market Modestly Higher Around Noon

The Canadian market is modestly higher around noon on Monday, led by gains in energy and technology sectors. A few stocks from the financial section are also up in positive territory.
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Swiss Franc Falls Against Majors

Swiss Franc Falls Against Majors

The Swiss franc declined against its major counterparts in the European session on Monday.
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Weekly Gains For Dollar As Fed Hawks Abound

Weekly Gains For Dollar As Fed Hawks Abound

Hawkish commentary from Fed officials including by Chair Jerome Powell helped the U.S. Dollar rebound against major currencies during the week spanning November 6 to 10.
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Bay Street Likely To See Muted Start

Bay Street Likely To See Muted Start

Canadian shares look headed for a muted start on Monday with investors looking for direction. With U.S. inflation data due later in the week, the mood is likely to remain a bit cautious.
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Continental To Cut Thousands Of Jobs; Sees EUR 400 Mln Cost Savings

Continental To Cut Thousands Of Jobs; Sees EUR 400 Mln Cost Savings

German autoparts maker Continental AG Monday announced its plans to cut thousands of jobs in its automotive unit as part of its efforts to strengthen the sector's competitiveness. Continental said its Automotive sector is simplifying and streamlining business and administrative structures.
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Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates

Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates

Tyson Foods, Inc. (TSN) reported Monday a net loss attributable to the company for the fourth quarter of $450 million or $1.31 per share, compared to net income of $538 million or $1.50 per share in the prior-year quarter.
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