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Forex News
French Economy Shrinks In Q3; Inflation Softens
France's economy contracted in the third quarter on weak global demand and inflation slowed to the lowest since early 2022 as economic activity remained subdued adding to hopes that the European Central Bank would start policy easing earlier than markets currently anticipate. Gross domestic product fell by a revised 0.1 percent on a quarterly basis, after expanding 0.6 percent.
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563 days ago
Build-A-Bear Workshop Trims FY23 Revenue Growth Outlook - Update
While reporting financial results for the third quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) trims revenue growth guidance for the full-year 2023.
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563 days ago
European Stocks Are Up In Positive Territory On Soft Eurozone Inflation Data
After a slightly positive start and a subsequent fall to lower levels, European stocks are moving higher on Thursday, with investors cheering the data showing bigger than expected drop in Eurozone inflation rate for the month of November.
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563 days ago
AES To Sell Its 51% Stake In Mong Duong 2 Coal-fired Plant In Vietnam To Se.ven Global Investments
Energy company AES Corp. (AES) announced Thursday it has reached an agreement with Se.ven Global Investments to sell its 51% equity stake in the Mong Duong 2 coal-fired plant in Vietnam.
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563 days ago
BP To Acquire Remaining 50.03% Interest In Lightsource Bp
BP plc (BP, BP.L) on Thursday agreed to acquire the remaining 50.03% interest it does not already own in Lightsource bp, one of the world's leading developers and operator of utility-scale solar and battery storage assets.
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563 days ago
CAC-40 Extends Gains Amidst Inflation Relief
The CAC-40 benchmark extended gains in Thursday's trading amidst data that showed easing inflation in France as well as the wider Euro Area.
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563 days ago
KKR, Hologic Create New Platform Named Maverix Medical Managed By Ajax Health
Investment firm KKR Co. Inc. (KKR) announced Thursday a new platform established with investments from KKR and Hologic, Inc. (HOLX), a global leader in women's health and medical technology innovator.
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563 days ago
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Sensex, Nifty Close Marginally Higher; Tata Technologies, Gandhar Oil Make Strong Debut
After a positive start and a subsequent retreat that resulted in a long spell in negative territory, Indian stocks found some support in late afternoon trades on Thursday to eventually end the day's session marginally higher.
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563 days ago
DAX Gains Amidst Easing Inflation
A more-than-expected decline in inflation in the Euro Area for the month of November helped the DAX extend gains and cross the 16,200 level for the first time since early August.
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563 days ago
Euro Slides Against Majors
The European currency weakened against other major currencies in the European session on Thursday.
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563 days ago
Asian Equities Gain As Fed Pivot Hopes Deepen
Positive sentiment prevailed in most Asian markets amidst dovish comments by Fed officials that markets see as heralding an earlier-than-expected rate cut by the Fed.
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563 days ago
Bank Of Korea Keeps Rate Unchanged; Lifts Inflation Forecast
South Korea's central bank retained its key interest rate for the seventh straight meeting and raised its inflation projections citing higher cost pressures. The Monetary Policy Board of the Bank of Korea, governed by Rhee Chang-yong, decided to retain the key base rate at 3.50 percent. The policy rate has been raised by a cumulative 300 basis points in the current tightening cycle.
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563 days ago
UN, Microsoft Join To Use AI And Advanced Data Technology To Track Climate Change
Tech major Microsoft Corp. announced a partnership with the United Nations regarding the use of AI and advanced data technology to track global climate change, and to assess progress under the Paris Agreement. The company said the partnership will enable United Nations Framework Convention on Climate Change or UNFCCC to create a new AI-powered platform and global climate data hub to measure...
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563 days ago
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