Fashion Retailer H&M’s Profit Tumbles As Costs Bite
Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit by weak consumer confidence and…
Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by better-than-expected U.S. economic growth data,…
Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data
Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+…
Flavour Maker Givaudan Beats Earnings Forecasts in a Tough Year
Swiss fragrance and flavour maker Givaudan on Wednesday reported better-than-expected earnings for a year characterized by high input costs and…
Oil Rises After Steep Losses, But Recession Fears Limit Gains
Oil prices rose on Wednesday, recovering a measure of sharp losses from the prior session, although fears of a global…
Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance
Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose…
Asia FX Rises in Holiday Trade as China Recovery Bets Grow
Most Asian currencies strengthened in thin trade on Monday, while the dollar weakened further amid growing bets that the Chinese…
Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it
Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages…
European Stocks Edge Higher; Ericsson Slumps On Weak 5G Sales
European stock markets pushed higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth…
Asia FX Drifts Lower On Hawkish Fedspeak, Weekly Losses On Tap
Most Asian currencies fell on Friday, and were set to close the week lower following hawkish comments from several Federal…