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Swiss Market Fails To Hold Gains, Ends Moderately Lower
Despite spending much of the day's trading session in positive territory, the Switzerland market ended on a weak note on Wednesday as stocks fell in late afternoon trade.
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819 일 전
European Stocks Settle Sharply Lower
European stocks tumbled on Wednesday as concerns about economic slowdown following disappointing data out of China, and prospects of further interest rate hikes by the Federal Reserve and other leading central banks rendered the mood bearish.
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819 일 전
Energy, Financials Shares Dragging Down Canadian Market
The Canadian market is down firmly in negative territory a little past noon on Wednesday with stocks from across various sectors reeling under sustained selling pressure.
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819 일 전
German Inflation Weakens More Than Expected
Germany's inflation eased more than expected in May, in line with the slowing trend in France, Italy and Spain, and thus strengthened the stance of doves in the European Central Bank who are calling for a pause in the interest rate hike cycle. Consumer prices advanced 6.1 percent from a year ago in May, flash figures from Destatis revealed Wednesday. Inflation was forecast to slow moderately to 6
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819 일 전
Thailand Central Bank Raises Key Rate Further To 2.00%
Thailand's central bank raised its key interest rate for the sixth straight meeting on Wednesday citing high inflation risks in the near future as the economy continued to expand further on the back of strong inbound tourism. The Monetary Policy Committee of the Bank of Thailand unanimously decided to lift the policy rate by 25 basis points to 2.00 percent.
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819 일 전
Bay Street Likely To Open On Weak Note
Canadian shares are likely to open lower Wednesday morning, weighed down by weak crude oil prices and weakness in European markets.
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819 일 전
Jacobs, Palantir Technologies Expand Partnership
Jacobs Solutions, Inc. (J) and Palantir Technologies Inc. (PLTR) announced Wednesday an expansion of their partnership, focused on leveraging Palantir's AI capabilities to commercialize new AI solutions spanning critical infrastructure, advanced facilities, supply chain management and more.
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819 일 전
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Krispy Kreme, Dunkin' To Offer Free Donuts On National Doughnut Day
National Doughnut Day on Friday, June 2 is gearing up for celebrations with free dounuts on offer from Krispy Kreme, Dunkin' and certain other chains. Krispy Kreme is offering all guests free doughnuts of choice, while no purchase is necessary. Further, with the purchase of any dozen doughnuts, customers will get $2 Original Glazed dozens.
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819 일 전
German Unemployment Rises Less Than Expected
Germany's unemployment increased less than expected in May despite the economy entering a technical recession in the face of high inflation and tight monetary policy. The number of unemployed persons increased 9,000 in May, the Federal Labor Agency reported Wednesday. This followed an increase of 23,000 in April and 18,000 in March. Economists had forecast unemployment to increase 15,000.
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819 일 전
Rocket Pharma Says EMA Grants PRIME Designation For RP-A501 Gene Therapy For Danon Disease
Biotechnology company Rocket Pharmaceuticals, Inc. (RCKT) announced Wednesday that the European Medicines Agency (EMA) has granted Priority Medicines (PRIME) designation to RP-A501.
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819 일 전
Capri Holdings Guides FY24 EPS Above Estimates - Update
While reporting financial results for the fourth quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) initiated its earnings and revenue guidance for the first quarter and full-year 2024.
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819 일 전
France Inflation Softens To 13-Month Low, Q1 GDP Recovers As Estimated
The French consumer price inflation moderated more than expected to hit a 13-month low in May on food and energy prices, data released by the statistical office INSEE revealed Wednesday. The statistical office also confirmed that the second-largest economy recovered as previously estimated in the first quarter despite the weak domestic demand.
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819 일 전
Euro Weakens Amid Soft French Inflation Data
The euro was lower against its major counterparts in the European session on Wednesday, after a data showed that French inflation slowed more than expected in May.
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819 일 전
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