European Stocks Higher; Lufthansa Soars After Returning To Profit
European stock markets traded higher Friday, boosted by positive sentiment overseas ahead of the release of the final reading of…
Asia FX Muted Amid Fed jitters, Chinese Yuan Outperforms For The Week
Most Asian currencies were muted on Friday amid growing concerns over the path of U.S. monetary policy, while the Chinese…
Budweiser APAC Bets On Post-COVID China Thirst For Premium Beer
Budweiser Brewing Co APAC, Asia’s largest beer company by sales, said on Thursday it will expand into more Chinese cities…
Merck KGaA Expects 2023 Profit to Slip As COVID Demand Wanes
Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a decline at its electronic chemicals unit and…
SpaceX Ready To Retry Launching NASA’s Next Space Station Crew
Elon Musk’s rocket company SpaceX was ready to try again at sending NASA’s next long-duration crew of the International Space…
Puma Raises Dividend After Record Sales in 2022 But Sees 2023 Profit Falling
Puma (ETR:PUMG) reported record sales and earnings before interest and taxes in 2022 but warned that profit is likely to…
Soils of War: The Toxic Legacy For Ukraine’s Breadbasket
When Ukraine recaptured Kherson in November, Andrii Povod returned to find his grain farm in ruins. Two tractors were missing,…
GM Cutting Hundreds of jobs to Reduce Costs
General Motors Co is cutting hundreds of executive-level and salaried jobs as it looks to cut costs and streamline operations,…
Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists
Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns…
Oil Prices Dip, But Eye Positive Week On Chinese Demand Bets