International Paper Says Board Elects Andrew Silvernail To Succeed Mark Sutton As CEO

International Paper To Permanently Shutter Orange Mill; To Impact 900 Positions

International Paper (IP) announced Wednesday a series of actions to further strengthen and optimize its manufacturing system to meet customers' needs.

RTTNews | 658 dagar sedan

U.S. Dollar Drops Against Majors

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday.

RTTNews | 37 minuter sedan

Swiss Market Ends Notably Lower

Save for a few minutes about an hour after the opening bell, the Switzerland market stayed weak on Wednesday with several stocks reeling under selling pressure. Investors were cautious amid concerns about the impact of U.S. tariffs, and Donald Trump's fresh threat that his government might consider imposing tariffs on chips and pharmaceuticals.

RTTNews | 3h 39minuter sedan

European Stocks Close Mostly Higher On Earnings, Fed Rate Cut Hopes

European stocks closed mostly higher on Wednesday, thanks largely to some strong corporate earnings updates, and expectations of an interest rate reduction by the Federal Reserve in September.

RTTNews | 4h 9minuter sedan

Canadian Stocks Surge Higher Again; TSX Scales New Record High

Canadian stocks are up firmly in positive territory on Wednesday, and the benchmark S&P/TSX Composite Index stays high up after hitting a fresh record. Rising optimism about a rate cut by the Federal Reserve in September, firm oil prices and some upbeat corporate earnings announcements are contributing to the positive mood in the market.

RTTNews | 4h 59minuter sedan

India Holds Key Interest Rates Steady As Trade Tensions Escalate

The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.

RTTNews | 7h 31minuter sedan

Bay Street Looks Set To Extend Upmove

Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.

RTTNews | 8h 59minuter sedan

Eurozone Retail Sales Recover In June

Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.

RTTNews | 9h 9minuter sedan

EURUSD	1.1654	GBPUSD	1.33493	AUDUSD	0.64998
USDJPY	147.399	USDCAD	1.37415	USDCHF	0.80641

Advertisement

International Paper Says Board Elects Andrew Silvernail To Succeed Mark Sutton As CEO